He did not specify the volume of the planned reserves. Nigeria's Petroleum Industry Law mandates the regulator to issue a bulk petroleum liquids storage licence to private depots that can hold ...

BP has made an oil discovery at the Far South field in the U.S. Gulf of Mexico, it said on Monday, as the energy major seeks ...

Another Keystone pipeline spill highlights the urgent need to protect protest and free speech against the destructive fossil ...

I’ve been PCMag’s home entertainment expert for over 10 years, covering both TVs and everything you might want to connect to them. I’ve reviewed more than a thousand different consumer ...

Because the crude oil industry has developed hardly at all in recent years due to a lack of investment capital for discovery, extraction and further processing, global production can barely meet ...

Developers are creating ways to improve diesel emissions and fuel economy while also meeting alt-fuel equipment needs.

There is quite a lot of growth potential in this sector, and you should keep your eye on the oil industry even as renewable energy becomes a powerful force worldwide. Oil companies like ExxonMobil ...

Against a background of continued industry cost inflation, gross capex required to first oil has been reduced from US$1.3 billion to US$1.2 billion with a capex of approximately US$8 per barrel ...

Here’s how it works. If you're like me, you've got thousands of photos on your phone of your kids, parents, grandparents, loved ones, and friends. And they're likely to stay there, forgotten ...

World Bank Group President Ajay Banga says the best way to eliminate poverty is through job creation. As 1.2 billion young people in emerging markets enter the workforce, he emphasizes the ...