Five miles off the coast of Yemen lies a floating bomb. An oil storage vessel called the FSO Safer has been sitting more or less unattended in the Red Sea for half a decade. The abandoned oil tanker with over a million barrels of oil on board is an environmental catastrophe waiting to happen.
Mohammed bin Salman is about to find out what happens when the world does not need his oil. In the past, the standard response to that hypothesis was condescending looks. Not any more. The prospect of Saudi becoming a debtor nation is real.
Aliko Dangote’s plan to reduce Nigeria’s dependency on fuel imports will carve out an even bigger slice of the nation’s $376 billion economy for his empire. Dangote’s future—and, as he likes to say, that of the entire continent’s economy—lies to the south on the Nigerian coast: the construction of a vast oil refinery.
A well-known attorney helped land a $2 billion settlement for Gulf Coast seafood-industry workers after a BP oil rig 40 miles off the coast of Louisiana, had exploded. But who was he really representing?
No stranger to an unconventional project, XTU Architects presents their latest fantastical proposal titled ‘x_lands’. The concept looks at life after oil, and in particular, what to do with all the offshore platforms that have been built in the last century to drill for the earth’s natural resources.
Offshore oil rigs are inherently a higher-cost, higher-risk method of oil extraction, but the oceans are, of course, home to a huge proportion of the world’s oil reserves so, if there are no more low-cost oilfields on land, that’s where the companies go.
McLaren plans to produce a development car that runs on synthetic fuel to showcase the technology’s potential. The company says the fuel would require minimal tweaks to today’s internal combustion engine, and it’d still be much better for the environment from a CO2 standpoint.
Today, 40 percent of oil and gas rigs working in the United States are located on what is known as the Permian Basin, a vast oil reserve covering 75,000 square miles in West Texas and southeastern New Mexico. A movement is forming to protect the night sky from light pollution given off by the drilling operations.
As the world transitions slowly but surely away from fuel-guzzling cars, gas-powered buildings, and coal-fired power plants, fossil fuel company execs must count on growth that comes from somewhere else—and they see their savior as plastics.
In his new book, Jon Mooallem tells the story of the Great Alaska Earthquake and Genie Chance, the woman whose voice on the radio held everyone together. It’s a beautiful exploration of how people tell stories on the radio, on stage, in books, and generally to each other.
The world has a problem with its oil rigs. There are too many of them. When a drilling platform is scheduled for destruction, it must go on a thousand-mile final journey to the breaker’s yard. As one rig proved when it crashed on to the rocks of a remote Scottish island, this is always a risky business.
In Quintero, oil leaks and pollution from heavy industry is taking a heavy toll on the health of local citizens. The air often tastes metallic, rather than of the sea. Even the beach looks darker than it should be. Now the fight is on to clean up one of Chile’s so-called “sacrifice zones”.
For Sudeep Choudhury, work on merchant ships promised adventure and a better life. But a voyage on an oil tanker in West Africa, in dangerous seas far from home, would turn the young graduate’s life upside down. His fate would come to depend on a band of drug-fuelled jungle pirates – and the whims of a mysterious figure called The King.
A mysterious assault.An unsolved murder. And a ship that hasn’t given up all its secrets. This is the story of the hijacking of the Brilliante Virtuoso in the Gulf of Aden in July 2011.
Subjecting themselves to a cohort of skeptical students was an opportunity for oil and gas executives to boost their credibility in an era when many young activists will only engage with them with picket signs. Young activists say they’re seeing more of this “youth-washing” as the global youth climate movement gains momentum.
Google, Microsoft, and Amazon have been very vocal about their efforts to reduce the world’s dependence on fossil fuels. But as The Wall Street Journal has reported, these same companies are currently teaming up with fossil fuel industry to help them squeeze as much oil and gas out of the ground as possible.
In terms of countries that had it easy Venezuela by all counts should be at the top of the list, it is home to the largest oil deposits in the world, easily beating out the typical oil giants like Saudi Arabia, Kuwait and the United Arab eremites. But they squandered it.
