Nigeria loses up to $100 billion in revenue as attacks cut oil
Production fell by 1 million barrels a day to 1.2 million a day at the peak of the attacks, Emmanuel Kachikwu, minister of state for petroleum, said
Islamic State steps up oil and gas sales to Assad regime
Islamic State has ramped up sales of oil and gas to the regime of Syrian President Bashar al-Assad, U.S. and European officials said, providing vital fuel to the government in return for desperately needed cash.
Croton nuts: Africa’s new biofuel that literally grows on trees
The history of biofuel production in Africa is marked with expensive and damaging failures. But there is a new hope for the field.
Mexico protests: how gas prices lit the flame under a quietly smoldering rage
Marching with a boisterous but peaceful crowd through central Mexico City, Héctor Pérez, a sales manager with an insurance company, rattled off a list of grievances to explain a wave of furious protests which erupted after a rise in the country’s government-set petrol price.
Big utility sees pathway to $10 oil
The oil industry must brace for five energy “tsunamis” that threaten to drag prices as low as $10 a barrel in less than a decade, according to Engie SA’s innovation chief.
$50 oil is here to stay if OPEC sticks to its deal
It was a roller coaster year for oil prices. And little wonder.
The future of OPEC: it won’t die, but it will become a different animal
Regardless of the outcome of the meeting on 30 November, the future of OPEC looks uncertain. The organisation is facing a perfect storm, squeezed as it is between the revolution in shale oil, which has increased global supply and brought down prices, and the prospect of a global peak demand, and falling costs of alternatives.
OPEC’s last cut shows oil market could get a whole lot messier
Anyone planning to trade the outcome of this week’s OPEC meeting might consider the lessons of the group’s last production cut. Then take a deep breath.
Electric cars are about to dent global gasoline consumption
Gasoline is like some kind of drug: we know it’s bad for the planet, but we just can’t give it up. Now a number of voices from the energy industry suggest that our addiction could begin to ease, thanks to the rise of electric cars.
Smog chokes Delhi, leaving residents ‘cowering by our air purifiers’
For days, many in Delhi have been living as if under siege, trying to keep the dirty air away from their children and older parents.
