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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.

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    March 2015 Issue Cover