Loosening their grip. Will markets exit oil like they edged away from tobacco?
Efforts to break our financial addiction to the energy sector might find useful lessons in the slow decline of tobacco.
Muhammadu Buhari has finally put in place a cabinet that can get on with the job of running the country.
President Buhari's cabinet selection brings hope. The major challenge now is to delivery on his promise to fight corruption, restructure Nigeria's economy and reduce poverty.
A billboard campaigning against crude oil theft. Nigeria is under pressure from falling oil prices and China’s economic slowdown.
How should Nigeria weather yet another episode of oil price shock? This time it's likely to be worsened by two events of significant global effect.
Cooling enthusiasm. Is a key part of climate change mitigation going up in smoke?
A technology designed to reduce the effect of fossil fuels on the climate has received £1 bln in subsidies and has nothing to show for it.
The shale oil revolution has only just begun.
Shale oil image from www.shutterstock.com
Oil price developments over the past 40 years have been truly spectacular, but the recent fall in oil prices is likely to last, thanks to increasing production.
Oil-enriched kingdom: Saudi Arabia’s Shaybah oilfield complex at night in the Rub' al-Khali desert.
American consumers may welcome lower gas prices, but the drop in oil revenues could impact Arab Gulf states and Middle East security. A scholar examines the realities of decreased oil revenues.
Political goals for Russia’s gas giant.
What does Gazprom hope to achieve with its deep and generous relationship with football?
Stored underground: a strategic reserve, or source of funds?
US Department of Energy
It's been done before but tapping the Strategic Petroleum Reserve – particularly when prices for oil are low – isn't the best way to fund the Highway Trust Fund.
Virgin territory. Sunrise over the Arctic resources battleground.
NOAA Photo Library
The economic viability of extracting oil from the frozen north might be doubtful, but the geopolitical significance could be massive.
Better fuel efficiency means more money, less emissions.
Vehicle efficiency isn't just about reducing emissions. It can also save us money, and reduce our heavy reliance on imported oil.
The Arak heavy-water reactor has been at the center of concerns about potential Iranian nuclear proliferation.
Critics of the nuclear deal with Iran have good reasons to be skeptical, but blocking the deal would make the United States and its allies less secure.
Iran’s economy is now open for business with more outside countries.
Due to their histories, US companies won't be at the front of the queue when it comes to doing business in Iran, but many can't ignore the oil or other markets.
Increased oil and gas revenues amid lifted sanctions are set to raise Iran’s economic fortunes, which ease Middle Eastern tensions.
EPA/Abedin Taherkenareh/AAP Image
Opponents of the Iran nuclear deal say it raises the nuclear weapons threat in the region. But Middle East tensions are actually likely to ease as Iran grows richer without being shackled by sanctions.
Iraqi troops training with the US Army June 2015.
On the face of it, Iraq and the US Federal Reserve share little. One is a country plagued by division, war and mayhem since the US invasion of 2003. It is a brutal world where there are no friends, few…
The G7 leaders at Elnau Castle in Germany.
What to make of the announcement that we'll be off the hydrocarbons in time for the 22nd century? Dream on.
Deception wrong-footed scientists three times in ten years, and remains a mystery.
Deception is the premier tourist destination in the Antarctic. It's also the volcano that scientists are still not sure why it's there.
Steady as she goes.
Norway’s petroleum sector is its most important industry. The petroleum sector accounts for 21.5% of its GDP, and almost half (48.9%) of total exports. In 2013 Norway was ranked the 15th-largest oil producer…
Saudi workers have been given a pay bonus by their new king, but unless oil prices rebound the country will find itself eating into its US$750 billion sovereign nest egg.
In his first royal decree, Saudi Arabia’s newly crowned King Salman announced two-month bonuses for state employees, pensioners, students, and recipients of social service programs (that is, everyone in…
Curtis is one of few BBC film-makers given great artistic freedom.
Most broadcasters – especially those who work at the BBC – must produce their programmes to conform to strict guidelines. They must be within five seconds of the required length, they must comply with…
Did the Saudis and the Americans do a deal over oil in 2008-09?
What on earth is going on in the oil market? Does the recent 60% collapse in oil prices in six months really reflect shifts in underlying supply and demand for crude oil? I’m afraid not, as I have been…