Total Energies employees work on Uganda’s crude oil pipeline.
BADRU KATUMBA/AFP via Getty Images
Uganda needs to focus on production sharing, infrastructure development and export timing.
Aliko Dangote.
Epa/Daniel Irungu
Dangote refinery will reduce Nigeria’s dependence on imported petroleum products and create jobs. But it may not be the best for the environment.
em_concepts/shutterstock
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
Insecurity of assets and life with declining capacity for technical and market production are responsible for Nigeria’s low crude oil production.
Government gets R90 billion a year from fuel levies.
Getty Images
Subsidies to shield the general population from oil price increases do not automatically reduce poverty and inequality.
Firefighters putting out a fire at an Engen oil refinery on 4 December 2020 in Durban, South Africa.
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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
The illegal refinery process ignores all environmental, health and safety procedures and can have catastrophic consequences.
Bianca de Marchi/AAP
Estimates suggest a 10% jump in the price of petrol pushes down demand for petrol 3%. In the past 14 months, the price has jumped 50%.
All in: Vladimir Putin.
EPA
Most of the emphasis has been on the threat to Europe’s gas needs, but if Russian crude oil is restricted, it will cause even greater problems.
Ghana’s economy is in dire straits.
Wikimedia Commons
Ghana’s economy is in its most precarious state in decades.
Petrol prices reflect lots of elements not just crude oil wholesale cost.
Tomas K/Shutterstock
Petrol prices might not drop back to previous levels as stations look to recoup increasing business costs.
The US Strategic Petroleum Reserve is the largest in the world.
AP Photo/U.S. Department of Energy
Biden ordered the release of 50 million barrels of crude oil to tamp down rising gas prices, the largest drawdown in the reserve’s history.
Oil and trouble.
Pix One
Crude is key to inflation. Here’s why has it been going up so much.
An oil tanker passes fishermen as it moves through a channel in Port Aransas, Texas, in May 2020.
(AP Photo/Eric Gay)
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.
EPA
Investors who think oil is a good long-term bet should read this first.
Sulfur pollution causes respiratory health problems.
Hung Chung Chih/Shutterstock.com
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
Trump may find it harder to maintain support for his escalating tariffs on China if the US economy shows further signs of weakness.
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.