May 1, 2020Iraq
Iraq faces an uphill battle in meeting its obligations to the historic production cut agreement reached by the Organization of Petroleum Exporting Countries (OPEC) and other major producers such as R…
May 14, 2020Coronavirus
The process of going into lockdown due to the coronavirus pandemic has been revealing, especially in regards to oil. There are many elements to the smooth operation of global oil logistics that are n…
May 13, 2020Nigeria
The fall in international oil prices amid coronavirus is having a devastating impact on Nigeria’s formal economy. Oil, the property of the Nigerian government, provides more than 60 percent of government revenue and 90 percent of foreign exchange.
April 22, 2020Oil and Petroleum Products
Accompanying the misery of the coronavirus pandemic—and exacerbated by it—has been an ongoing crisis in the oil industry. While the scale and tragedy of the coronavirus is front and center in our minds, the collapse of oil is more abstract, and its long term consequences will be serious. Especially in Africa, the collapse of oil is likely to devastate government revenue at exactly the same time the continent faces the astronomical costs of responding to the coronavirus and looming famine.
July 2, 2020United States
Mirroring events that rocked the international oil industry earlier this year — catalyzed by the fallout from the COVID-19 pandemic — a now sluggish global economy is hitting the liquefied natural ga…
July 2, 2020Belgium
Following anti-racism protests in Belgium, King Philippe, in a letter to Felix Tshisekedi, president of Democratic Republic of Congo (DRC), expressed his "regret" over his country’s exploitation of DRC.