In this report

A combination of technological progress, a shift in strategy by Saudi Arabia and worries about the slowdown in China and other emerging economies has caused a global glut of oil that has sent prices tumbling by more than 50 per cent. How long this market disequilibrium will persist remains unclear.

Oil market slides out of control

tankers wait off the coast of Fujairah in the Gulf of Oman
©Justine Kase/Alamy

Bouts of profound disequilibrium in the market are the historic norm

Saudi role as ‘central banker’ for oil is eroded

Opec’s reduced ability to cushion shocks to supply is causing concern

Iran plans to open up to western suitors

Islamic Republic prepares for a game of manners in its post-sanctions era

Harsh realities push US shale into retreat

Falling crude prices have finally arrested growth of US output

Coal unloved as fuel falls from favour

Patchy demand and climate concerns crimp miners’ fortunes

China’s slowdown casts shadow over oil states

Slower growth in the world’s largest energy consumer is hurting other countries

Russian President Vladimir Putin speaks during a meeting in Novo-Ogaryovo State Residence on September 22, 2015 in Moscow, Russia
©Sasha Mordovets/Getty Images

Russians tax brains over oil revenues

Operators now face tougher demands from finance ministry

How to bridge the rhetoric gap

A look at how a climate change deal could affect oil majors

Battery power fix is key for renewables

Solar and wind systems are often very reliant on the grid

April 2015

Volatile climate puts billions at risk

Energy industry preparing for a painful adjustment

Renewables: prices fall and spending jumps

Contracts in oil-rich regions show solar and wind can compete

Offshore fields use power sent from land

Extracting and delivering oil and gas offshore uses a lot of fuel but some are working to change that

Pressure on US to ease crude export ban

Lobbyists warn of glut in domestic supplies and falling prices

Oil rout forces LNG companies into radical policy rethink

Projects under construction and those in low-cost regions are better prospects

Obama moves to cut greenhouse gas emissions

The US nuclear industry, the country’s largest generator of low-carbon energy, fights back

China’s interest in carbon capture grows

US and Canada lead the world in developing CCS, and are home to the bulk of operational projects

Coal industry hopes there is still an enduring market

Failure to transition to a low-carbon economy offers big mining companies respite

Japan: push for renewables stalls

A tough economic and political climate has made moves to integrate green power difficult