Insecurity of assets and life with declining capacity for technical and market production are responsible for Nigeria’s low crude oil production.
Articles on Crude oil
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Subsidies to shield the general population from oil price increases do not automatically reduce poverty and inequality.
Refinery closures in South Africa are shots fired in the long running contestation between the oil refiners and the government, which has been trying to introduce cleaner fuels.
Former Soviet bloc nations have reason to worry about an embargo on Russian oil, but Europeans are finally recognizing the true costs of their longstanding energy dependence on Russia.
The illegal refinery process ignores all environmental, health and safety procedures and can have catastrophic consequences.
Estimates suggest a 10% jump in the price of petrol pushes down demand for petrol 3%. In the past 14 months, the price has jumped 50%.
Most of the emphasis has been on the threat to Europe’s gas needs, but if Russian crude oil is restricted, it will cause even greater problems.
Ghana’s economy is in its most precarious state in decades.
Petrol prices might not drop back to previous levels as stations look to recoup increasing business costs.
Biden ordered the release of 50 million barrels of crude oil to tamp down rising gas prices, the largest drawdown in the reserve’s history.
Crude is key to inflation. Here’s why has it been going up so much.
Irving Oil is transporting Canadian crude oil by tanker through the Panama Canal and the Gulf of Mexico to its Saint John refinery in an effort to offset any impact COVID-19 might have on its supply.
No one wants an oil spill in their backyard. Yet to understand the real-world fate and effects of diluted bitumen — a Canadian oil sands product — that’s exactly what some scientists did.
Investors who think oil is a good long-term bet should read this first.
Sulfur contaminates gasoline and coal, and when these fuels are burned, sulfur dioxide is emitted, causing pollution and respiratory issues. Now there may be a new, cheaper way to remove it.
Trump may find it harder to maintain support for his escalating tariffs on China if the US economy shows further signs of weakness.
The oil-exporting organization may have mustered the political will to cut production, but its disunity remains intact.
Big oil and gas companies spent far more fighting this ballot initiative than the measure’s supporters did.
Pacific salmon are ingrained in the culture and economy of Canada. They are also a key link between ocean and land. But what happens if a pipeline failure contaminates their habitat?
Before World War I, petroleum had few practical uses, but it emerged from the war as a strategic global asset necessary for national stability and security.
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