• Profile half-length photograph of a man facing to the left wearing a dark jacket and tie, holding a cigarette in his hand, with a white handkerchief in his jacket breast pocket. The man has a prominent straight nose, slicked back hair and his tie forms a slight arch from the knot. In the background, on the left side of the image, there is another half-length frontal portrait of a man. He has white hair, also wears a jacket and tie, is looking to the right, and is smiling.
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…