An upsurge in energy revenue has helped precipitate an assertive Russian foreign policy. But China provides an alternative model for transforming economic growth into international influence, a model Moscow might want to take a close look at.
The oil industry once again finds itself in the familiar, but unpleasant, position of being the focus of controversy, investigations, political attacks, vilification and public indignation.
The global economy is entering a period in which demand for oil will exceed supply for the first time.
The shortage of gas in the United States is now officially recognized.