Oil Production

“The World for Sale” peels back the cover on the secretive—and sometimes shady—people who make the modern world go around.

State-owned oil companies are on the verge of investing $400 billion in projects incompatible with the Paris Agreement. If they fail, it could spark an emerging market debt crisis.

Foreign Policy’s five best reads on the dramatic shift in energy policy in 2020.

If the Iraqi government fails to pay state workers’ salaries in January, it could lead to widespread instability and violence. The United States and the international community must shore up Baghdad’s finances before it’s too late.

After 60 years, the organization is struggling to weather the pandemic and peak oil—but there is a way forward.

If Biden wins, oil prices may fall, setting in motion the reconfiguration of the world energy industry.

As the country continues to grapple with the aftermath of the Islamic State insurgency, revolutionizing the country’s energy sector could be the key to long-term security.

The transition to a zero-carbon world will shift power in very unexpected ways.

Formerly competitors, Paris and Rome’s Pax Mediterranea may spell Ankara’s final estrangement from Europe.

The Jewish state is about to play a much bigger role in the region’s energy trade and petroleum politics.

Tehran’s new strategic partnership with Beijing will give the Chinese a strategic foothold and strengthen Iran’s economy and regional clout.

But it’s a race between slow construction and slower sanctions.

It’s the only way to get Trump to keep troops on the ground.

Thanks to the pandemic, demand is flattening faster than expected. In turn, the energy economy could transform sooner rather than later.

His much-touted trade victory has crashed and burned with the coronavirus pandemic.

As its energy industry comes under threat, the oil-rich province is taking aim at environmental activists.

Climate activists say this is the moment for colleges and major institutions to dump their investments.

Islamophobia is undoing years of New Delhi’s diplomatic gains in the Middle East.