Articles on Oil

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Residents hang from a bus and hold a South Sudanese flag in the disputed Abyei region of Sudan. ALI NGETHI/AFP via Getty Images

What Sudan and South Sudan stand to gain by reopening their border

Prior to the secession of South Sudan, the rural livelihoods of people living in the 11 states were dependent on free trade and movement across the boundaries.
A decommissioned pumpjack at a well head on an oil and gas installation near Cremona, Alta., October 2016. THE CANADIAN PRESS/Jeff McIntosh

The growing cost to clean up abandoned and orphaned wells

More oil and gas wells risk becoming orphaned given the long-term downward trend in the industry.
A surface coal mine in Gillette, Wyoming, photographed in 2008. Greg Goebel/Flickr

It’s time for states that grew rich from oil, gas and coal to figure out what’s next

The pandemic recession has reduced US energy demand, roiling budgets in states that are major fossil fuel producers. But politics and culture can impede efforts to look beyond oil, gas and coal.
Secretary of State Mike Pompeo with Guyana’s president, Mohamed Irfaan Ali, Sept. 18. Pompeo is the first U.S. secretary of state to visit the tiny South American country. AFP via Getty Images

Pandemic crushes Guyana’s dreams of big oil profits as ‘resource curse’ looms over oil‑producing nations

Tiny Guyana hoped to see unprecedented wealth this year as ExxonMobil’s offshore wells began pumping out crude. Instead, it got a pandemic and political strife. Other oil states are struggling, too.

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