National oil companies are the big state controlled energy giants in places like sout arabia, venezuela. They produce nearly three fifths of the world's crude oil and half its gas. Soudy ramco has more than four decades worth of crude oil that it can duce at to day's rates. And here's the kicker, this is about the world's cheapest and least carbon intensive as well to lift out of the ground.
The airbase in Crimea lies in ruins. Ukraine hasn’t claimed credit, many suspect they carried out the daring attack more than 100 miles behind enemy lines. Our defence editor explains why the war has entered a new phase. Why state-owned firms, not oil supermajors, are the biggest impediment to a green-energy transition. And pondering the pleasures of barbecue.
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