Discover how steam-assisted gravity drainage (SAGD) revolutionizes heavy oil extraction by making deep oil reserves accessible and economically viable.

As the US–Israel war on Iran escalates, so too does the global oil crisis. The effective closure of the Strait of Hormuz, through which roughly 20% of the world’s oil and natural gas flows, and the ...

South American nation’s tar-like oil is what many Gulf coast facilities were built for but ramping up production to 3m barrels a day will be a long game Clustered along the US Gulf coast are some of ...

Proceeds from Russia's mineral extraction tax for crude oil production, its largest tax item, may ​almost double in March due to the global ‌price rally provoked by the conflict in the Middle East, ...