Oil price hike
Petroleum prices have been increased; petrol is costing Rs 305.34 per Liter and diesel Rs 311.84. It is an increase of 5.17 percent in the price of petrol and 6.48…
Is copper the new oil?
An energy transition is happening. Moving to a target of net-zero global emissions requires a steady move from fossil fuels to renewable energy, or sources that reduce emissions, while not…
Era of global boiling
The UN secretary-general recently spoke on the tragedies of climate change at the UN headquarters, warning that the Earth is now past the age of global warming and that we…
Gulf oil giants turn to start-ups in carbon-capture bid
Faced with mounting pressure over planet-heating pollution, Gulf Arab energy giants are turning to humble tech start-ups as they search for ways to remove emissions while keeping oil flowing. Oil…
Sudan turmoil
In a world already troubled and divided profoundly by the ongoing and seemingly endless war in Ukraine, Sudan has exploded before our very eyes into another bout of civil war,…
Texas: Wind and solar stake claim to land of oil
Modern Texas was built on oil, and its production has long been a source of immense pride. But now, areas that moved to the steady rhythm of oil derricks for…
Venezuela: the decline of an oil giant in crisis
Leaks, rusted pipes, pieces of broken equipment scattered about and staircases leading nowhere: Lake Maracaibo’s oil field is a metaphor for Venezuela’s once-flourishing petroleum industry that is now on its…
Colombia’s oil theft soars, leaving trail of environmental harm
Privatisation has kept its relevance as a policy option in this country to this day – as a means to not only cut down ever-rising budgetary injections but also to…
Oily matters – III
Deregulating the oil sector: Business circles in the oil sector have been lobbying for deregulating the oil sector, arguing that it would be more efficient and would bring down prices.…
Oily matters – II
Immediate solutions are never possible or feasible. There has to be alternative plan and targets. How about we target a proposal to reduce oil consumption by 25% by 2030? A…
