Experts explain why there might not be much to celebrate and proffer solutions.
Members of the Petroleum and Natural Gas Senior Staff Association of Nigeria protest over crude oil theft.
Olukayode Jaiyeola/NurPhoto via Getty Images
Refinery closures in South Africa are shots fired in the long running contestation between the oil refiners and the government, which has been trying to introduce cleaner fuels.
An oil tank at Hungary’s Duna Refinery, which receives Russian crude oil through the Druzhba pipeline.
Attila Kisbenedek/AFP via Getty Images
Former Soviet bloc nations have reason to worry about an embargo on Russian oil, but Europeans are finally recognizing the true costs of their longstanding energy dependence on Russia.
Illegal oil refineries are operated by oil thieves in the Niger Delta region of Nigeria.
Pius Utomi Ekpei/AFP via Getty Images
Irving Oil is transporting Canadian crude oil by tanker through the Panama Canal and the Gulf of Mexico to its Saint John refinery in an effort to offset any impact COVID-19 might have on its supply.
Oil from a ruptured pipeline is vacuumed from a creek near the near the Kalamazoo River in Michigan, July 2010.
(AP Photo/Paul Sancya)
No one wants an oil spill in their backyard. Yet to understand the real-world fate and effects of diluted bitumen — a Canadian oil sands product — that’s exactly what some scientists did.
Sulfur contaminates gasoline and coal, and when these fuels are burned, sulfur dioxide is emitted, causing pollution and respiratory issues. Now there may be a new, cheaper way to remove it.
A weaker domestic economy could limit Trump’s options.
AP Photo/Andrew Harnik