Articles on Oil

Displaying 1 - 20 of 137 articles

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.
Norweigian oil rig. Black Inc. Books

Book Review: Trillion Dollar Baby

Paul Cleary makes a good case as to why Australia should follow Norway as an example of how to tax miners in Trillion Dollar Baby.
In 1945, U.S. President Franklin D. Roosevelt met with King Abdul Aziz Ibn Saud, part of a behind-the-scenes policy to ensure access to oil for the U.S. and its allies. National Archives and Records Administration

Exxon’s Rex Tillerson and the rise of Big Oil in American politics

Big Oil has historically played a behind-the-scenes role on American policy and politics. No longer.
Activists in Seattle practice for demonstrations against Royal Dutch Shell’s plans to drill in the Arctic, April 17, 2015. AP Photo/Elaine Thompson

Will Obama’s offshore drilling ban be Trumped?

President Obama used an obscure 1953 law to bar offshore drilling in Arctic Alaska and along the Atlantic coast. Republicans and energy companies want to reverse the ban, but it will not be easy.
The oil rig explosion in Deepwater Horizon (2016), a film about the worst oil spill in US history. © Lionsgate

Friday essay: the Rise and Fall of oil in popular culture

The search for oil was once depicted in movies and books as a boys' own adventure. But as films such as Deepwater Horizon show, in an age of anxieties over fossil fuels, oil's story is now a darker one.

Top contributors

More