oil prices
Reports on oil prices See all →
Angola’s oil comeback: Cautious optimism
After experiencing a meteoric rise following the end of the civil war in 2002, the Angolan oil industry came tumbling down with the 2008 oil price crash and never recovered. Several recent developments indicate that a partial return to health could be on the horizon – although pre-2008 production will remain unattainable in the short term.
The long ‘bridge’ of carbon capture and storage technology
Reducing carbon emissions to reach environmental goals will require many different approaches, not just a transition to renewable energy sources. One important technology is carbon capture and storage, or CCS. Its potential for reducing CO2 emissions is significant, but high costs and uncertainties are slowing its development.
Oil prices in 2019
Where are oil prices headed? In the long run, the slowly rising global demand for energy will not be enough to offset the declining costs of extraction. In the short term, much depends on how U.S. producers, whose shareholders are dissatisfied with the return on their fracking investments so far. ...
2019 Global Outlook: Market forces move developments in energy
2019 begins with the U.S. a dominant producer of oil and gas, while OPEC has allied with countries like Russia to try to put a floor under prices. Green energy sources continue to rise in popularity, but still have only a small impact on global consumption. And while developed nations ...
Angola’s new leader reaches out to the West for help
Angola has recently become one of the most stable countries in sub-Saharan Africa. It now hopes to rebuild its agriculture, education and navy, as well as jump-start investment in the oil sector and broaden its foreign relations base to include Western powers – all before deteriorating living conditions turn the ...
Videos on oil pricesSee all →
