No event has transformed the continent more profoundly since the end of the Cold War, and there is no going back now.
Tag: Oil (Petroleum) and Gasoline
How Russia Is Surviving the Tightening Grip on Its Oil Revenue
Restrictions on Russia’s oil trade are raising the stakes in a protracted economic standoff that is reshaping the global energy market.
Pope Francis Visits South Sudan to Highlight Young Nation’s Troubles
The soaring hopes at South Sudan’s creation in 2011 have been cruelly dashed. Pope Francis arrived in the country on Friday and immediately offered blunt criticism of its leaders.
Administration Expected to Endorse Limited Drilling in Alaska Project
An environmental review expected soon would effectively signal that the Willow project proceed, according to people familiar with the report.
Russia Sidesteps Western Punishments, With Help From Friends
A surge in trade by Russia’s neighbors and allies hints at one reason its economy remains so resilient after sweeping sanctions.
IMF Upgrades Global Economic Outlook as Inflation Eases
The International Monetary Fund said the world economy was poised for a rebound as inflation eases.
China’s Oil and Gas Use Fell in 2022 for First Time in Decades
Pandemic lockdowns curbed Chinese energy demand, but the International Energy Agency expects a rebound this year.
Ecuador Moves to Expand Drilling in the Amazon
A novel idea to leave the country’s vast oil reserves in the ground fizzled for lack of international support. Now, struggling under painful debt, the government wants to expand drilling in the rainforest.
A United Europe Weathers Crises, but Deeper Challenges Remain
Differences on NATO and E.U. enlargement, energy and climate, and relationships with the United States, China, Russia and Ukraine will prime Davos talks.
What Does the War in Ukraine Mean for the Climate?
Almost a year after Russia launched its invasion, assessing the impact on the oil industry and greenhouse gas goals is not so simple.