Articles on Oil

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Guyana, a former British colony on the north shore of South America, may soon supplant Trinidad and Tobago as the Caribbean region’s biggest oil producer. Reuters/Andrea De Silva

Guyana, one of South America’s poorest countries, struck oil. Will it go boom or bust?

Guyana is on the verge of an oil bonanza that could bring in US$1 million a day. But if it's not careful, this poor nation – population 750,000 – could fall prey to the dreaded 'resource curse.'
Is coconut oil all it’s really cracked up to be, or is it just another fad? Sebastien Gabriel/Unsplash

Five claims about coconut oil debunked

Coconut oil is being hailed as the new "superfood", helping us lose weight and kill harmful bugs. But how do the claims stand up to scientific scrutiny?
Saudi Arabia’s King Salman bin Abdulaziz Al Saud on Oct. 5, 2017. AP Photo/Pavel Golovkin

Why is Saudi Arabia suddenly so paranoid?

When it comes to foreign policy, Saudi Arabia has recently become far more aggressive. A historian of the modern Middle East sees three possible causes for the shift.
The Saudi king presents Trump with The Collar of Abdulaziz Al Saud medal on May 20, 2017. AP Photo/Evan Vucci

Trump, Saudi Arabia and yet another arms deal

Shared economic and security interests have kept Saudi Arabia and the US close over the decades despite dramatic differences in the way the two countries are governed.
With high capital costs linked to petroleum and gas infrastructure, collection of PRRT funds for regional development may be delayed for several years. Phil Noble/Reuters

Government’s oil and gas tax response will leave regional communities at a loss

Local communities are likely to be dissatisfied with the report from the PRRT review because its recommendations only apply to future projects and won't herald any changes in the budget.
The Navy converted to oil from coal a few years before the U.S. entered World War I, helping to solidify petroleum’s strategic status. Naval History and Heritage Command

How World War I ushered in the century of oil

Before World War I, petroleum had few practical uses, but it emerged from the war as a strategic global asset necessary for national stability and security.
Efforts to combat climate change are making extracting oil from areas like Canada’s tar sands fields more expensive. Emily Beament/PA Wire via AP

Are fossil fuel companies telling investors enough about the risks of climate change?

The Trump administration may reverse a recent push to require oil companies to disclose more information about climate change risks to investors. Is that a good thing?
Devastation in Sichuan province after the 2008 Wenchuan earthquake, thought to be induced by industrial activity at a nearby reservoir. dominiqueb/flickr

Earthquakes triggered by humans pose growing risk

A new project tracks earthquakes accidentally induced by human activity. It suggests the problem is bigger than some scientists thought.

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