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An Oil Strike in No Man’s Land

A new oil field near Venezuela could be the miracle Maduro was waiting for. There's just one problem — it's in territory claimed by Guyana.

Passport

If Nigeria Is a Petrostate, Why Is It Always So Short on Fuel?

Nigeria has some of the world's richest oil fields. But recent strikes prove its lack of refinery infrastructure could soon make it a failing petrostate.

Argument

Dr. Strange-oil

Four slightly insane -- but not entirely unrealistic -- ways that Vladimir Putin could spike the price of oil to save Russia's economy.

Report

China Tops U.S. as Biggest Oil Importer

But Beijing’s big and growing reliance on energy from the Middle East leaves China vulnerable to regional strife and worries over sea lane security.

Report

Why Cheap Oil Is Bad News for U.S. Gas-Export Hopes

Plentiful supplies of crude, fueled in part by the U.S. boom, undermine the case for shipping liquefied natural gas overseas.

The Cable

Is The U.S. Navy Protecting British Ships From Iran?

U.S. Navy more and more i the business of protecting commercial shipping from Iran

Dispatch

The Kickback That Killed Brazil

Itaboraí was once a petro-boomtown; it’s now an empty shell. How the Petrobras mega-scandal is destroying ordinary lives and bringing down the rich and powerful.

Argument

The U.S. Needs to End Its Ban on Crude Oil Exports

We can help our allies and undermine our adversaries if we get rid of this antiquated policy.

Report

Tentative Nuclear Agreement Doesn’t Mean Iran’s Open for Business

The agreement reached between Iran and the P5+1 countries offers the sanctions relief that Tehran demanded. But that won't translate into a stampede of fresh investment or a gusher of Iranian oil exports anytime soon.

Transitions

In Libya, the Tantalizing Promise of a Unity Government

Yesterday, on March 25, the international peace process aimed at ending Libya’s civil war concluded its latest round of talks in Morocco on schedule. Both ...

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    March 2015 Issue Cover