That’s the first component of oil prices — the extraction process and machinery required. Aside from the physical groundwork of gathering and processing oil, market regulations are the true ...
The clock is ticking on a legal deadline for the petroleum industry to deploy carbon capture and storage (CCS) infrastructure – a technology it has championed for decades – at an unprecedented scale ...
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 ...