Could oil and gas go the way of the landline phone?
Letter from the US: The bigger they are, the harder they fall
The oil industry is facing the same kind of seismic shift in consumption that rocked telecommunications with the arrival of the cellphone
“The reality is, [fossil fuel] is what runs the world today. It is going to run the world tomorrow and five years from now, 10 years from now, [and] 20 years from now,” Chevron’s CEO Michael Wirth told the Financial Times in October last year. His statement bears some similarity to what John deButts, chair of AT&T—once the US’ primary telecommunications supplier—said about his industry in 1977: “Our business in this industry is to provide people with communications of all forms. We think down the road we should continue to provide all people with all forms of communications using whatever technology is available at that particular time.” Back then, AT&T employed one out of every ni
Also in this section
1 April 2026
Golden Pass’s startup offers QatarEnergy a timely boost but may also force a difficult choice between honouring disrupted contracts and capitalising on soaring spot LNG prices
1 April 2026
It is not a case of if or when, but the length and magnitude of economic damage from elevated oil prices
1 April 2026
The US-Iran conflict demonstrates the need for diversification in several senses of the word. It also exposes the limits of Washington applying pressure on major oil and gas producers it considers geopolitical adversaries
31 March 2026
Disappointing results in its bidding round are a reality check for Libya, and global exploration generally
