By Kenneth Mohammed As Winston Churchill reportedly said in the 1940s as he was working to co-form what would become the United Nations: “Never let a good crisis go to […]
Study Shows Governments’ Oil And Gas Revenue Crashing As Decarbonization Takes Hold
Canadian governments stand to lose more than half of their revenue from oil and gas activities through 2040, and nearly nine-tenths of the taxes and royalties the industry says they […]
Tesla and EVs didn’t brake for the pandemic, and now the age of oil is ending
During the first nine months of 2020, car sales cratered, with every major automaker seeing a steep drop in sales as the pandemic raged across the globe. That is, of […]
BP Walks Away From the Oil Supermajor Model It Helped Create
In the late 1990s, BP Plc boss John Browne used an oil-price slump to usher in the age of the supermajor, buying U.S. rivals Amoco and Arco to create a transatlantic giant. […]
Will the coronavirus kill the oil industry and help save the climate?
The plunging demand for oil wrought by the coronavirus pandemic combined with a savage price war has left the fossil fuel industry broken and in survival mode, according to analysts. It faces […]