Venezuela claims to have more than 300 billion barrels in the ground, but it is only producing about one million barrels a ...

For oil markets, Venezuela is a footnote in an age of abundance. For Middle East, the US move is a dangerous reminder.

UC Santa Cruz chemists have discovered a new way to produce biodiesel from waste oil that both simplifies the process and requires relatively mild heat. This discovery has the potential to make the ...

US shale oil production growth in 2023 was overstated due to EIA's inaccurate data, leading to inflated growth expectations for 2024 and 2025. Associated gas production is outpacing crude production, ...

Utilisation of BSF larvae could help to stem the expansion of damaging palm oil production, researchers from UK-based consultancy Tunley Environmental, claim in a new study. Cultivation of palm for ...

The World’s June oil production increased by 895 kb/d to 84,184 kb/d. For December 2026, production is projected to be 85,538 b/d, an upward revision of 853 kb/d from last month. World oil production ...