Saudi Aramco plans to have 550,000 barrels per day (bpd) more in oil production capacity by 2025 when the expansion projects on two major oilfields are complete, Saudi Arabia’s state-owned oil giant ...

We may receive a commission on purchases made from links. Since debuting in 2015, Ford's 2.7-liter EcoBoost engine has been the beating heart of some of the brand's most iconic models, such as the ...

Atmospheric crude oil distillation operable capacity in the US set a record at 18.8 million b/cd from Jan. 1, 2018, to Jan. 1, 2019. This is an increase of 1.1%, according to US Energy Information ...

Ongoing supply-side shocks are keeping oil prices elevated. Despite looming economic slowdowns, oil demand has remained strong. The thinnest spare capacity cushion in years is supportive of oil prices ...

Oil tankers are some of the most economically important naval vessels operating today, and they've been around for a long time. The first oil tanker was the Zoroaster, which was built all the way back ...

The result of declines in surplus production capacity in both OPEC and non-OPEC countries, global surplus crude oil production capacity in May 2022 was less than half its 2021 average, the US Energy ...

There has been a lot of attention given to the question of whether or not various OPEC+ countries will be able to meet their allowed production targets as the year progresses, given that some—such as ...