Tag: International Oil Companies

  • The Energy Transition and Oil Companies’ Hard Choices

    By: Rob West , Bassam Fattouh

    In this Energy Insight, we explore the challenges of the energy transition for international oil companies (IOCs). We argue that energy demand forecasts are inconsistent with meeting Paris Agreement targets using currently available and economic technologies and that, barring a radical change in tendencies, significant volumes of oil and gas will be required well after […]

  • After the Boom: Angola’s Recurring Oil Challenges in a New Context

    By: Lucy Corkin

    Angola is one of Africa’s most established petro-states, with initial forays into the country’s oil acreage predating national independence. A failure to diversify the economy significantly away from the now well-established oil industry proved disastrous during the global financial crisis of 2008-9: the plunge in oil prices by nearly two thirds from a high of USD147 forced […]