Oil
Opinion
Opinion
Bleeding billions: The oil cartel is losing control of the market
The world is overflowing with oil, and OPEC has failed in its latest attempt to stop prices tumbling.
- by Stephen Bartholomeusz
Latest
Relief in sight for motorists as oil prices slide
Petrol prices at the bowser are primed to fall in coming months as a slowdown in major economies reduces demand for oil.
- by Millie Muroi and Shane Wright
Opinion
Gas
Drill, baby, drill! Let’s face it - shale fracking has saved the West
Imagine what the world would look like today if US fracking technology and America’s wildcat drillers had not delivered the shale revolution.
- by Ambrose Evans-Pritchard
Exclusive
Climate policy
The extraordinary tale of how an oil state ended up hosting the world’s most important climate talks
This year, it is the tiny petrostate of Azerbaijan, next year giant Brazil, and if the Albanese government gets its way, Australia will be next in line to host the climate Olympics.
- by Nick O'Malley
New tax stoush flares over Woodside’s $7.7b oil project in Senegal
Woodside, the largest Australian energy company, is locked in a legal dispute in Senegal over how much tax it must pay from its newest oil field.
- by Nick Toscano
Explainer
Sovereign wealth
Trillion-dollar piggy banks: Inside the world of sovereign wealth
Norway’s is famously huge. Qatar used its to buy Harrods. How do sovereign wealth funds work? And why isn’t ours as big as Norway’s?
- by Angus Holland
Opinion
Renewables
Cutting the green claptrap: Climate activists were right about BP all along
The oil giant has switched almost overnight from the green darling of the European “majors” to arch-villain by betting the farm on oil and gas and retreating from renewables and clean-tech investment.
- by Ambrose Evans-Pritchard
It’s not just Greg Norman: Saudis sign raft of Aussies in sport splurge
Pouring billions into golf, football and now the Olympics, the oil-rich Gulf state is pressing ahead with ambitious plans despite accusations of sportswashing.
- by Chris Barrett
Review
Video games
New horror game is The Thing on a Scottish oil rig
Cosmic forces visit a deep-sea drilling operation in this evocative but slightly too-thin Scottish horror story.
- by Tim Biggs
Opinion
Opinion
The oil mystery that has the world on edge
It is one of the world’s most important markets and powerbrokers are widely split on what its future looks like.
- by Stephen Bartholomeusz
Saudi Arabia is eyeing a future beyond oil - but there is a problem
The kingdom is desperately trying to juggle its still-vital petroleum industry with the need to get ready for a cleaner future.
- by Stanley Reed