Shale Oil
Activists demand to stop the Line 3 pipeline project

The pipeline is expected to take away rights of indigenous people to hunt, fish and gather along the proposed routes and native American communities have been at the forefront of the protests demanding to stop the construction of the pipeline.

Can China lead the way to a low cost, low carbon future?

Peter Drahos’ Survival Governance: Energy and Climate in the Chinese Century shows why US corporate-centric strategies, from shale production to carbon capture are a failure. A radically different model has to be embraced

Oil industry faces existential crisis

Newsclick’s Prabir Purkayastha analyses the state of the global oil market, the geo-strategic implications and the future of oil consumption keeping in mind the nature of the pandemic

Why did US oil prices fall to negative?

For the first time in history, US crude oil prices became negative. Prices of West Texas Intermediate (WTI) crude oil for May fell to -$37 per barrel on April 20. Why did this fall happen?

oil prices crash COVID US crude oil prices go down in negative for the first time in history

The fall in the futures market shows that the production cut by OPEC+ members may not be enough to address the drastic drop in demand due to the ongoing COVID-19 pandemic

OPEC+ production cut The OPEC+ deal on oil production: what are the implications?

Total global production of oil may go down by 15% with promises from some non-OPEC countries as well. However, this may not be sufficient to stop the fall in international oil prices