The Cable

Shell Admits Defeat in the Arctic

Royal Dutch Shell cancels oil exploration operation off Alaska’s coast, the latest warning sign that finding Arctic oil is easier said than done.


The Gulf’s Castles of Sand

Oil prices have plummeted, leaving Saudi Arabia and its allies with a long-term economic crisis — just as Iran’s economy looks poised for rapid gains.

The Cable

Public Advocates Accuse House Ethics Committee of Undermining House Ethics

Public Citizen wants the House Ethics Committee to release an independent report a trip by U.S. lawmakers to Azerbaijan.


China’s Meltdown Spells Even More Peril for Petro-States

Oil prices were already fighting a massive hangover. Now, market convulsions in China threaten oil-dependent regimes from Russia to Venezuela.


In Pipeline Attacks, Oil Runs Thicker Than Kurdish Blood

The PKK’s attacks on energy infrastructure in Turkey aren’t just directed at their longtime enemy in Ankara — they're also aimed at Iraqi Kurds they see as sellouts.


Oil Glut Sends Crude Prices Tumbling and Hammers U.S. Producers

Supply is outstripping demand by more than 2 million barrels per day — and that's before Iran starts selling more crude in the wake of the landmark nuclear deal with Washington.

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    March 2015 Issue Cover