Nigeria has a new law to regulate its oil industry
Andrew Holt/Construction Photography/Avalon/Getty Images
Nigeria’s new petroleum law will make its petroleum industry as competitive and attractive to investors as its peers.
The “Big Inch” oil pipeline at Phoenixville, Pennsylvania, around 1943.
Betttman via Getty Images
Proposals for new oil and gas pipelines can generate intense debate today, but during World War II the US built an oil pipeline more than 1,300 miles long in less than a year.
Renewables form an ever-greater share of the electricity mix. But elsewhere in the energy sector – in transport, industry and buildings – emissions reduction is very slow.
Regulations have an accountability problem.
AP Photo/Gregory Bull
An economist and an environmental law expert explain why a tax is more palatable to the industry and better for the public than regulation.
Decommissioning offshore structures is expensive and environmentally damaging – so why is it illegal to leave them where they are?
Ghana is still finding ways of maximising its oil wealth.
Oversight over how Ghana’s oil wealth is spent has become more important than ever.
On July 21, 2019, Iranian Revolutionary Guards patrolled near the British-flagged tanker
Stena Impero, anchored off the Iranian port city of Bandar Abbas.
The assassination of the Iranian general could have lasting effects on energy markets. Which countries could benefit from it and which could be negatively affected?
Here’s … Donny.
From May 2, any countries buying oil from Iran can expect US sanctions.
The future looks bleak.
The world’s most oil-abundant nation is heading for energy consumption levels not seen since the 1990s.
It’s too soon for South Africa to start counting its chickens over the recent offshore gas find by global energy giant Total.
Ford’s F-150 trucks are more popular when gas costs less.
AP Photo/Carlos Osorio
Drivers buy less gas when filling the tank burns holes in their wallets.
Saudi Minister of Energy, Industry and Mineral Resources Khalid Al-Falih.
AP Photo/Ronald Zak
The oil-exporting organization may have mustered the political will to cut production, but its disunity remains intact.
Over 99 percent of today’s plastics come from oil, but new bio-based options are becoming available.
Icons by Vectors Market, Freepik and srip
One big problem with plastics is that they’re largely made of petroleum. Sourcing bio-polymers from plants and bacteria has some big benefits – and the technology is starting to take off.
Australia currently keeps only a fraction of the fuel it needs in reserve.
Australia depends on imported fuel to keep running. We never got around to setting up an official reserve, and that means we’re already at risk.
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It may be just as well the UK government scrapped its previous carbon capture competition.
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
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.
A family catches Mardi Gras beads during the Krewe of Thoth parade down St. Charles Avenue in 2000.
Each Mardi Gras, 25 million pounds of beads hit the streets of New Orleans. One researcher went to the Chinese factories that make them – and spoke to the workers who believe the beads will be given to royalty.
Are OPEC’s cuts all smoke?
Hasan Jamali/AP Photo
To see why, one must only consider the core economic principle of supply and demand.
BP’s Etap platform, 100 miles east of Aberdeen.
The case for dismantling and recycling oil rigs is far from clear cut.
South African consumers are paying far too much for petrochemicals products.
Raging debates about the state of South Africa’s energy industry have missed one critical area, the role of transport fuels and base chemicals.