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.
By 2030, the Blue Economy will be worth $3 trillion. And the UK is well placed to capture a slice of this lucrative market, if it meets the challenges involved with innovation and ambition.
Robin Lacassin, Institut de physique du globe de Paris (IPGP) and Raphael Grandin, Institut de physique du globe de Paris (IPGP)
Oklahoma is trying to limit the number of earthquakes caused by oil and gas extraction, but some existing faults there – which could be activated by wastewater injection – have never been mapped.
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
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.
Oil production used to fall when prices were low. But a new drilling boom in Alaska, driven by technical advances and global partnerships, spotlights America’s rise as a world oil power.
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.
Nigeria needs a collaborative approach involving voluntary partnerships between the state, an international development agency, the business sector and civil society to solve its problems.
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
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?
Time for another ‘reset’?
Fabrice Coffrini/Pool/Reuters
As Trump explores warmer ties to Russia, he’d be wise to brush up on the history of past resets and the role the oil industry played in each one. The results weren’t good.
Devastation in Sichuan province after the 2008 Wenchuan earthquake, thought to be induced by industrial activity at a nearby reservoir.
dominiqueb/flickr
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
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.
An oil rig in Angola. The country could see big reductions in export and revenue from fossil fuels as the world transitions to clean energy.
Shutterstock
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.