The spoils of war
David Wells explains Iraq’s battle to recover from conflict and severe environmental damage.Iraq has had a turbulent recent history and is characterised by social and political instability. This was not always the case; in the 1960s and 70s, increased oil revenues, strong economic growth and
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UK chancellor Rishi Sunak has today confirmed a temporary windfall tax on the profits of oil and gas firms to help with the cost-of-living crisis.
Petrochemicals could be made with almost no carbon emissions if the industry invests an extra $759bn (£604bn) by 2050, according to a new report from research firm BloombergNEF (BNEF).