"But if prices in Dubai seem inflated, they have nothing on Luanda. Last year Angola’s capital was the most expensive city in the world, according to Mercer, a New York-based consultancy."

"Disclosure is the 20th Century anachronism of a paper-based age. Transparency and visibility best describe the digitally-enabled high-performance pervasive infrastructures that will define how enterprise operations will be seen."

"PVM Oil Futures trader Steve Perkins bought 7m barrels of crude in late-night trading binge on his laptop, driving the oil price to an eight-month high."

And the incompetency of BP in this oil spill mess seems to know no bounds.

Slate looks into what could conceivably happen if a hurricane hit the Gulf with all this oil in it. It's nothing good.

A controversial drilling proposal passes, only after many top scientists who opposed the plan leave the Minerals Management Service.

Congo now has vast oil reserves. The question remains as to whether its largely incompetent government can make effective use of it.