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.
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.
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?
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.
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.
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.
Australia has the third largest marine jurisdiction in the world, a vast ocean territory that contains important natural and biological resources. And it needs protecting.
The mining industry is more resilient because of the recent downturn and it will be global supply and demand that will affect these companies in the future.