Learn how crude oil is taken from the ground and turned into useful products like petrol. See the step-by-step process of extracting and refining oil using modern tools and techniques.

Moreover, technological advances in extracting crude oil from the crust of the earth and regulatory reforms under the Trump Administration caused daily output to rise to over 13 million barrels ...

The cost of extracting and refining crude oil varies depending on geographical location, technology and regulatory environment. Generally, higher crude oil prices translate to increased revenues ...

As one would expect, the cost of the equipment, process, and cleanup from fracking is higher than drilling into liquid crude oil for extraction. Oil and natural gas prices fluctuate on a daily basis.

Tariffs on Canadian oil would mean less exports, but that would raise prices enough to make alternatives attractive. Midwest ...

President Donald Trump’s recent decision to reinstate a goal from his first presidency to bring Iran’s oil exports to zero has had little impact on crude prices so far.

Interra Resources’ majority stake in Goldpetrol makes the firm 'complicit' in the Myanmar junta’s alleged war crimes, says ...

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has brought on stream the first phase of ...

DAKAR, Feb. 6 (Xinhua) -- Senegal's Ministry of Energy, Petroleum and Mines announced on Thursday that crude oil production from the Sangomar field is expected to reach approximately 30.53 million ...