At the briefing, Sinopec executives said the Middle East crisis has significantly disrupted the global economic and trade ...

Brent oil prices could spike above $100 per barrel if the Gulf Arab countries run out of storage space and shut down production, according to JPMorgan.

U.S. oil production may have peaked, signaling the end of the shale boom. Diamondback Energy and other major players report reduced drilling and fracking activity in the Permian Basin. Rising costs, ...

On Tuesday, Judge Donna Geck upheld an injunction against a restart of oil production locally despite an order from ...

Global crude oil production has been unable to recover to its 2018 peak, suggesting that we may have passed the peak oil era. Oil prices are influenced by a complex interplay of factors, including ...

Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector. MIDLAND, TX - JULY 29: President Donald Trump speaks to city ...

Offshore boom, shale oil, enhanced oil recovery lift output to record in 2025 Tertiary recovery is world's largest on a ...

Shell plc SHEL, a British multinational oil and gas company, headquartered in London, has temporarily halted operations at one of its oil processing units at the Shell Energy and Chemicals Park, ...

Archaeologists unearthed the Roman Empire’s second-largest olive oil processing complex in Tunisia. The find sheds light on the region’s central role in olive oil production and trade, and in turn the ...