There’s a record 1.4 billion barrels of crude currently on the world’s oceans, pushing down benchmark prices and sending ...

(The Center Square) – The U.S. oil and natural gas industry set oil and natural gas production records in November. Crude oil ...

Ukraine said its drones struck the largest Russian gas processing plant in the Orenburg region, which also processes gas from ...

A drilling rig is shown near Arnegard, North Dakota, in September 2024. Advancements in drilling technology are helping oil ...

MITCHELL, S.D. — As you drive along Interstate 90 near Mitchell you will spot large buildings and grain bins being put up just south of town. That is the new High Plains Processing plant, which will ...

Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector. CRANE, TEXAS - MARCH 12: In an aerial view, an oil pumpjack works ...

A man carries buckets while working to clean up an oil spill near a pipeline of state-owned Petroleos de Venezuela (PDVSA) in Voladero, Monagas state, Venezuela, on November 5, 2021. - Leaks, rusted ...

Russia’s biggest crude processing facility by production, the Omsk refinery, increased its crude processing by 4% between January and September compared to the same period last year, according to the ...

LONDON, May 27 (Reuters) - Saudi Arabia has been cranking up oil refining operations to capture strong profit margins, helping the kingdom offset revenue lost from declining crude prices and exports.

American oil production has reached its largest volume in recorded history—more than 13.2 million barrels per day in October, official figures show—outpacing its highest point under Donald Trump's ...

Following the plan, the administration and the Ministry of Finance launched a subsidy program to establish model production ...