The Secret World of Oil book exposes the dark side of oil
The new book tries to shed light on some of the industry's darker corners. Review by Derek Brower
Oil is the world's most traded commodity. Getting it out of the ground, shipping it around the world and making money from the process is a dirty business, in which middlemen grease the palms of tyrants and lobbyists work behind the scenes to win political protection for the bad guys. If you want to trade oil, you need to leave your morals out of it. That, at least, is the premise of The Secret World of Oil, a new book by journalist Ken Silverstein, a fellow at the Edmond J Safra Center for Ethics at Harvard University. Corruption is a 'constant' in the energy business, writes Silverstein. "Fixers funnel money to dictators to obtain concessions for oil companies, set up shell firms and front
Also in this section
20 April 2026
The region’s gas producers are investing heavily in the fuel in order to satisfy burgeoning demand resulting from economic growth and a shift to cleaner fuels
20 April 2026
The continent is home to mega-scale projects on both its east and west coasts as its growing economies see rising demand for gas
16 April 2026
Demand for oil is falling because supply cannot meet it, not because it is no longer required
16 April 2026
The continent has an immediate opportunity to make the most of its energy resources by capturing gas that is currently slipping away






