Nigeria may not be a top-10 oil producer, but it is Africa’s largest at almost two million barrels a day in 2016. While the Continue reading A look at oil production in Nigeria
While early oil production was mostly aimed at paraffin production, the birth of the automobile industry created a Continue reading A short guide to oil exploration
The oil industry has come a long way since the Drake Well was drilled in the United States in 1859. In the early days of Continue reading Two key innovations in oil drilling
With an average daily output of 1,763,000 barrels of oil in 2016, Norway is ranked number 13 in the world for oil production. If Continue reading Norway: Europe’s largest oil producer
Oil sands are a combination of sand, clay, water and bitumen, which is a sticky, black and highly viscous form of petroleum. Bitumen acts rather like cold molasses at room temperature and is generally too thick to be pumped without diluting or heating it first.
Oil sands can be found in many countries, but they’re most associated with Continue reading Oil sands: An unconventional oil source
As fossil fuels, oil and gas are inevitably finite resources, yet we will not be running out of them anytime soon. In 2015, oil major BP predicted that despite booming consumption, global oil reserves would double by 2050. This may be very welcome, because ExxonMobil, which makes slideway lubricant Mobil Vactra 2, predicts in its Outlook for Energy that carbon-based fuels will continue to provide roughly three quarters of the world’s energy needs through to Continue reading Will the world’s oil ever run out?
Perhaps nothing symbolizes the oil fields of America more than the nodding donkey endlessly pumping oil from the ground. This workhorse of the oil industry remained largely unchanged for a century. After all, when you can sell as much oil as you can produce for $100 a barrel, there is little incentive to invest in efficiency improvements.
The recent crash has changed attitudes, however. Even with the recent Continue reading How American big oil came to embrace Silicon Valley
You may have heard about the recent resurgence of US oil production thanks to shale oil, but this is actually a little misleading. The term “shale oil” can refer to both oil produced from oil shale and light crude oil from low permeability, petroleum-bearing formations, such as shale or tight sandstone. To avoid ambiguity, it’s usually recommended to use the term Continue reading Tight oil production in the United States and Canada
The United Kingdom may not be one of the world’s largest oil producers, but at 978,000 barrels a day in 2016, it remains the world number 18 for oil production and is second only to Norway in Europe. Oil and gas activities on the UK Continental Shelf (UKCS) have supported countless thousands of jobs, not just directly but also throughout Continue reading Oil production in the United Kingdom
According to the World Bank and the International Monetary Fund, Brazil has the eighth-largest economy in terms of exchange rate value and the seventh largest in terms of purchasing power parity. It is the fifth-biggest country in Continue reading The world’s top oil-producing countries: Brazil