Read all posts for ‘Oil and gas’

The Norwegian Oil Fund reinvests state revenues from the country’s petroleum sector to preserve today’s wealth for future generations. This system brings together growth and sustainability – but does it in reality? Norway is known as one of the richest countries in the world. Its fortune is based on its […]

Russia is cursed with its resources: the oil and gas industry is growing so fast that 50% of the federal budget and three quarters of exports depend on its production. It seems that the country does not produce anything, but just relies on its natural resources.  At the same time […]