Nine years after the Montara oil spill in the Timor Sea, victims have yet to receive compensation.
PR Handout Image/PTTEP
Despite its magnitude, the response to the Montara oil spill did not receive the publicity of other offshore oil disasters like the Deepwater Horizon spill in the Gulf of Mexico.
Joggers and sightseers take in the Doha skyline.
Reuters/Ibraheem al Omari
Qatar's decision to aid Turkey in the face of American sanctions against the country may finally be a snub too far for its close relationship with the US.
A woman in Venezuela shows off the new two and five bolivar soberano bills.
Reuters/Carlos Garcia Rawlins
Venezuela recently devalued its bolivar by 95 percent to tame rabid hyperinflation that has been sending prices on everyday goods through the roof. If history is a guide, it won't work.
Venezuelan president Hugo Chavez was a major financier of Nicaragua’s Daniel Ortega, seen here at a 2016 commemoration on the third anniversary of the socialist leader’s death.
Cheap Venezuelan oil boosted Nicaragua's economy and funded President Daniel Ortega's many anti-poverty programs. With Venezuela in crisis, the oil has dried up – as has support for Ortega's regime.
Khalid Al-Falih Minister of Energy, Industry and Mineral Resources of Saudi Arabia, has said the diplomatic dispute won’t affect oil exports to Canada.
(AP Photo/Ronald Zak, File)
Saudi Arabia has said it won't curb the flow of oil to Canada, but the Maritimes should think more seriously about replacing the Saudi supply with crude from more trusted sources.
Fields of sunflowers are now a common sight all over the world – but this has only been the case relatively recently.
President Gerald Ford discussing plans for a Strategic Petroleum Reserve with workers in California in 1975.
Gerald R. Ford Presidential Library & Museum
There's no precedent for selling oil from the Strategic Petroleum Reserve at a time when there's no market-driven reason for doing that.
The U.S. won’t be able to walk all over Putin with unilateral sanctions.
American policymakers and lawmakers are floating unilateral sanctions against Russia, Iran and even Turkey in an effort to change behavior. But research shows sanctions only work in narrow circumstances.
Limited by illiteracy and workloads women are less involved in Turkana.
Turkana women weren't properly represented in decisions made between the oil company and community.
Muhammad bin Salman is set on transforming the oil-rich kingdom into a modern, economically diverse superpower. It won't be easy.
Vladimir Putin, autographing a natural gas pipeline in Vladivostok.
AP Photo/RIA Novosti, Alexei Druzhinin
Even if Asia buys most of the natural gas the U.S. will be exporting soon, America's growing role in that market could wind up reducing Russia's political influence in Europe.
Gas prices usually rise heading into long weekends. The reasons behind wild oil price fluctuations, reflected at the pumps, is about a lot more than economics.
THE CANADIAN PRESS/Jonathan Hayward
Oil prices have little to do with supply or demand or even economic forces. Instead, it's all about politics.
A aerial view of Kinder Morgan’s Trans Mountain tank farm is pictured in Burnaby, B.C. The federal government is buying Trans Mountain and all of Kinder Morgan Canada’s core assets. Opposition to pipeline construction in Canada has transformed over the decades, shifting from being a local issue to one of global concerns.
THE CANADIAN PRESS Jonathan Hayward
Canada has a long history of building energy pipelines against a backdrop of environmental uncertainty. Decades ago, the opposition came from local groups. Now it's a global issue.
The central element of the Timor Sea dispute seems far from resolved.
Despite a breakthrough on boundaries in the Timor Sea, the crucial question of how the shared oil and gas are to be developed remains unresolved.
An oil tanker leaves Sydney Harbour.
Australia's recently announced review of its national fuel stockpiles is timely indeed. The country is almost totally reliant on oil being shipped through some of the world's most contested regions.
It largely depends on whether Europe will decide to ignore (and pay the price for) US sanctions.
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.
The connection between oil and arms trade is not a conspiracy theory.
Suncor’s plant in the oilsands in Fort McMurray Alta. Divesting in fossil fuels can not only help combat climate change, but can also increase investors’ returns, according to a new analysis.
THE CANADIAN PRESS/Jason Franson
A recent study suggests that divesting in fossil fuels not only allows investors to address their climate change concerns, it also reduces financial risks and increases financial returns.
The Hebron is seen here being towed to open water in 2017.
The massive Hebron oil platform off the coast of Newfoundland is an engineering marvel. Here's how it was constructed.