The continued increase in development costs of upstream oil projects is testing the economic viability of new oil production. A recent study by Rystad Energy reveals an increase in breakeven costs, while still remaining below current oil prices.
The continued increase in development costs of upstream oil projects is testing the economic viability of new oil production. A recent study by Rystad Energy reveals an increase in breakeven costs, while still remaining below current oil prices.
At COP28, small island nations, the first victims of climate change, are leading a crucial battle to limit warming to 1.5°C and move away from fossil fuels.
At COP28, small island nations, the first victims of climate change, are leading a crucial battle to limit warming to 1.5°C and move away from fossil fuels.
One year after the introduction of the Russian crude oil price cap, Moscow's circumvention strategies are calling into question the effectiveness of Western sanctions.
One year after the introduction of the Russian crude oil price cap, Moscow's circumvention strategies are calling into question the effectiveness of Western sanctions.
