Chinese oil giant PetroChina says the Middle East conflict is having only a minor effect on its oil and gas supplies. Only around 10% of its total production is transported through the strategically sensitive Strait of Hormuz.
By Amelie Richter
The escalation in the Middle East is posing economic challenges for Nigeria. Rising import prices and capital flight are threatening the country’s hard-won economic recovery.
By Silas Jonathan
The Strait of Hormuz is closed. As it is the only sea route for one-fifth of global oil production, the blockade is leading to rising energy prices and freight costs.
By Nina Anika Klotz
Venezuela’s oil industry has the highest methane intensity in the world, and production is particularly harmful to the climate. Why even US companies are unlikely to solve the problem.
By Nico Beckert
Two Chinese supertankers have turned back off Venezuela. They were actually supposed to load Venezuelan crude oil.
By Redaktion Table
BP, Shell, Chevron and Exxon Mobil have claimed to be leading the fight against climate change while producing more fossil fuels and emissions. This is shown in an analysis of their advertising campaigns.
By Kai Schöneberg
The industry’s short-term expansion plans are a third higher than in 2021, according to the new survey. 96% of oil and gas producers worldwide continue to expand unabated.
By Kai Schöneberg
In the past three years, corporations have invested more than 28 billion US dollars in the exploration of new oil and gas reserves in Latin America and the Caribbean. Brazil's state-owned Petrobras is one of the leading investors – despite promises of climate-friendly restructuring. Two interactive tools show the details.
By Alexandra Endres
