Most of the prehistoric gloop known as crude oil makes a long journey to Australian pumps. What affects how much we pay for it?
Diesel powers the global economy but the world is running low on it. And fears are growing about what the future holds.
“If you want to win in 2024,if you do not want the blood of my generation to be on your hands,end fossil fuels,” said Emma,17,in New York,part of a global day of protest.
California alleges ExxonMobil and Shell deceived the public for decades while creating or contributing to local climate catastrophes.
Saudi Arabia and Russia are tightening their grip on oil markets,and it risks driving a fragile global economy into recession.
Could the expansion of the BRICS club of developing economies lead to a shift away from the greenback’s dominance in world trade and finance? Maybe at the margins.
A bigger Woodside enlarged with BHP’s assets has had a record six months,but prices for its oil and gas have come off last year’s war-fuelled peaks.
The pandemic sent Australia’s offshore oil and gas industry into turmoil,which in turn hurt workers’ safety and mental health,even as the major operators switched emphasis to financial performance.
Surging oil prices are allowing Russia to generate more revenue to fund its war. It might be time for the West to step in.
Greenpeace protesters entered the grounds of British prime minister’s listed manor house in North Yorkshire,using ladders and ropes to scale the building.
Sales at Australia’s largest oil and gas company dropped 29 per cent for the June quarter,driven by a plunge in the average price for its gas exports from WA.