This blog is part four of a series that explores the intricate history of oil. 1973-1994: The Middle East Shrugs its Shackles It is important to understand that the oil industry is largely a Western invention and is very much American led. When America began making overtures to King Ibn Saud of Saudi Arabia in […]
At the IHS CERAWeek energy conference in Houston last week, BP CEO Robert Dudley made it clear that his company was exiting the solar business. BP has invested billions of dollars over several decades into solar research but has indicated that it hasn’t yielded much of a return. Dudley did however mention that this didn’t […]