oil

There’s nothing like the promise of untold wealth to wash away the winter blues, and as the nation awoke to a new year of crippling debt, power cuts, falling buildings …

In times of deep uncertainty, we are often overwhelmed with information and use mental shortcuts to arrive at snap decisions and judgements. Sometimes, such assumptions work, but this approach can …

Admiral Michael G. Mullen, outgoing chairman of the United States Joint Chiefs of Staff, in September warned of a lack of communication with Tehran. “We are not talking… so we …

Saudi Aramco, valued anywhere from $2 trillion to $7 trillion and employing more than 55,000 people, is the world’s largest unlisted company. How it got there is a story that …

 More than one million barrels of rebel-controlled crude oilleft the Libyan city of Tobruk on a tanker headed to Asia in early April. Libya’s National Transitional Council (NTC), the Libyan …

  In September 2010, the Organization of the Petroleum Exporting Countries (OPEC) marked its 50th anniversary, but most of the world’s leading social, economic and environmental bodies did not join …

    The mainstream media reported it rather matter-of-factly, no questions asked: Due to the soaring oil price, the world’s leading energy firms in 2010 recorded sky-rocketing profits. Exxon-Mobil, Chevron …

    While the cache of diplomatic cables recently released by WikiLeaks may have caused a number of international stirs, the majority have been largely ignored, causing little political, diplomatic or …

    Oil has been interchangeably called “black gold” and the “devil’s excrement,” having both enriched the coffers of nations and pit them at war; it creates the capital for …

The Middle East and North Africa (MENA) region is fortunate to be able to tap the majority of its oil onshore and in shallow coastal waters. That’s meant a minimal …