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Articles on Petroleum

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Members of the Petroleum and Natural Gas Senior Staff Association of Nigeria protest over crude oil theft. Olukayode Jaiyeola/NurPhoto via Getty Images

Nigeria is producing less and less oil. Here’s why

Insecurity of assets and life with declining capacity for technical and market production are responsible for Nigeria’s low crude oil production.
Firefighters putting out a fire at an Engen oil refinery on 4 December 2020 in Durban, South Africa. Gallo Images via GettyImages

Oil refinery closures, cleaner fuels and security of supply in South Africa

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.
Fuel scarcity in Nigeria causes untold hardship to people and negatively impacts the economy. Pius Utomi Ekpei/AFP via Getty Images

Nigeria’s fuel crisis: smaller, more flexible refineries aren’t the full answer

As a short term measure, modular refineries may help Nigeria with its fuel crisis. It is however not likely to be a long term solution.
The oil industry was aware of the risks of climate change decades ago. Barry Lewis/InPictures via Getty Images

What Big Oil knew about climate change, in its own words

Transcripts and internal documents show how the industry shifted from leading research into fossil fuels’ effect on the climate to sowing doubt about science.
On July 21, 2019, Iranian Revolutionary Guards patrolled near the British-flagged tanker Stena Impero, anchored off the Iranian port city of Bandar Abbas. Hasan Shirvani/AFP

The consequences of Qasem Suleimani’s death on the global energy market

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?

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