• A black and white drawing showing Edinburgh from the north, with the castle on the right and Arthur's seat on the left.

An oil rig can be seen over the horizon of the sea against a bright orange sky

How should Big Oil spend big money?

by Ernesto Bonafé Big Oil faces an existential question: How to spend its very large and, for some, ‘windfall’ or ‘excessive’ profits at a time when the consumption of oil, gas and coal is expected to reach its peak in the near…