CNOOC has discovered a new oil field, Huizhou 19-6, in the South China Sea, estimated to contain over 100 million tons of ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

On March 19, drones attacked the Naftatrans oil depot, which reportedly holds 100,000 tons of fuel across its five tanks. The pipeline between two tanks was damaged in the attack, and one of the tanks ...

Play at Home. These deals and counterdeals will radically change the flow of oil around the world. The Western Hemisphere now supplies almost 80% of the world’s oil (see chart). As production ...

(Reuters) -A fire at a drone-hit oil depot in southern Russia raged for a fifth day on Monday, the regional administration ...

President Donald Trump has threatened to impose tariffs of 25% on US imports from countries that purchase oil from Venezuela.

In fact, vegetable oil is used widely around the world, and cooking and food preservation generate an enormous amount of waste oil. Around 4 million metric tons of used vegetable oil are produced ...