Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector. BIG SPRING, TEXAS - OCTOBER 04: The entrance to the Big Spring ...
Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector. Despite ongoing concerns about global economic volatility, energy ...
Heglig, located along the Sudan–South Sudan border, hosts key oil infrastructure, including production wells and a processing ...
Subsea engineering in deepwater integrates wells, seabed production systems, flowlines/risers, and control/power/chemical distribution to safely deliver hydrocarbons from reservoirs in 1,000–3,000 m ...
Mexican government estimates indicate a rapid decline in oil production after 2030, raising concerns about global energy security. Previous questionable practices by oil producers, such as reserve ...
According to the U.S. Energy Information Administration’s (EIA) latest short term energy outlook (STEO), which was released recently, the world produced an average of 76.10 million barrels of crude ...
EIA and BOEM: Gulf of Mexico’s output is projected to rise from 1.8 million barrels per day (bpd) to 2.4 million bpd by 2027. Recent BOEM assessments estimate the Gulf holds 29.59 billion barrels of ...
On Tuesday, Victor Rodriguez, the CEO of Mexico's state owned oil company Pemex, announced that Octavio Barrera ...
AssetriseLimited, in partnership with the Nigerian Society of Engineers, has commissioned a locally fabricated three-ton-per-hour palm oil mill and integrated ...
The World’s June oil production increased by 895 kb/d to 84,184 kb/d. For December 2026, production is projected to be 85,538 b/d, an upward revision of 853 kb/d from last month. World oil production ...
U.S. September oil production increased by 44 kb/d to 13,844 kb/d, another new record high. Texas production has rebounded since the weather-related January 2025 drop. Colorado began 2025 with 6 rigs ...