Business Oct 19, 2020
OPEC+ faces growing pressure to change course as ministers meet
With oil stuck at around $40, and more supply coming online from Libya, the cartel is now under pressure to revise its plan to ease output cuts.
Commentary / World Oct 15, 2020
COVID-19 is big oil’s asteroid strike
by Julian Lee
The world in which they thrived was changing, threatening their future health. But the outbreak’s impact has accelerated that process.
World / Science & Health Oct 6, 2020
Plastic pandemic: COVID-19 trashed the recycling dream
by Joe Brock
The pandemic has intensified a price war between recycled and new plastic, made by the oil industry.
Business Oct 4, 2020
The coronavirus pandemic that has slammed oil demand and prices is forcing energy majors to tighten their belts on exploration, even if finding new deposits remains essential to their existence. While the sector is increasingly diversifying into greener energies such as wind power, its core ...
Commentary / World Sep 28, 2020
After oil: Throwing money at green energy isn’t enough
by Meghan L. O'Sullivan
COVID-19 and factors are giving governments the chance to move ahead on ambitious plans to advance the transition to alternative energy sources.
Business | FOCUS Sep 14, 2020
Once an American foe, now a friend: OPEC turns 60
by Alex Lawler
Shifts in global politics and a surge in America's oil production have transformed the group.
Business Sep 14, 2020
Oil consumption may never return to levels seen before the coronavirus crisis took hold, the company said in a report on Monday.
Business / Corporate Sep 11, 2020
BHP ties CEO's bonus to targets for cutting customer emissions
Supply-chain emissions typically account for more than 90 percent of BHP’s total, and the responsibility miners take for them is disputed.
National Sep 8, 2020
Japan secretly proposed Iranian oil and U.S. grain swap in failed mediator bid
by Mohammad Gharebagh
A deal, worth several billion dollars, was initially received well, but later fell through before it could be agreed upon.
Asia Pacific Sep 7, 2020
Indigenous artifacts found on the seabed do not enjoy the same protection as the wrecks of ships or aircraft.
Commentary / World Sep 6, 2020
Beijing may be more addicted to coal than oil
by David Fickling
PetroChina’s announcement in its half-year results last week that it would seek a "near-zero” target for emissions by 2050 was unexpected.
World Sep 2, 2020
One of the world’s richest petro states is running out of cash
When Kuwait’s then-Finance Minister Anas Al-Saleh warned in 2016 that it was time to cut spending and prepare for life after oil, he was ridiculed by a population raised on a seemingly endless flow of petrodollars. Four years on, one of the world’s richest ...