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
Pacific salmon are ingrained in the culture and economy of Canada. They are also a key link between ocean and land. But what happens if a pipeline failure contaminates their habitat?
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.
OPEC has been declared dead in recent months as the group of oil-exporters has been unable to agree on a plan to stabilize the market. But was it really ever alive in the first place?
The first years of the millennium were kind to government finances. A benign economic environment, and a once-in-a-century commodity boom fuelled by Chinese growth, helped the Federal budget to a cumulative…
Oil-enriched kingdom: Saudi Arabia’s Shaybah oilfield complex at night in the Rub’ al-Khali desert.
Ali Jarekji/Reuters
American consumers may welcome lower gas prices, but the drop in oil revenues could impact Arab Gulf states and Middle East security. A scholar examines the realities of decreased oil revenues.