• Close-up of a historical handwritten manuscript page in cursive ink, showing dense text on aged paper, held open by a person’s hand at the bottom edge.

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…