UC Santa Cruz chemists have discovered a new way to produce biodiesel from waste oil that both simplifies the process and requires relatively mild heat. This discovery has the potential to make the alternative fuel source much more appealing to the massive ...

FORT STOCKTON, TEXAS - MARCH 24: The sun sets behind a pumpjack during a gusty night on March 24, 2024 in Fort Stockton, Texas. Employment in Texas has reached record highs, with the oil- and gas-producing Permian Basin, which covers a large swathe of west ...

OPEC+ has decided to increase oil production, surprising many given the soft outlook for oil prices, and potentially reversing earlier production cuts sooner than expected. The article questions whether this move signals a new oil price war, drawing ...

U.S. oil output hit a record 13.84M barrels per day in September. New Mexico, Alaska and Oklahoma drove monthly production gains. Offshore Gulf production reached its highest level since 2020. Technological advances and deepwater projects fuel continued ...

Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector. Each year, the Statistical Review of World Energy offers important insights into global energy trends. Now published by ...

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 manipulation and exaggerated reserve numbers, cast doubt on ...

Global oil production will increase by 1.6 million b/d in 2025, and almost 90% of that growth will come from non-OPEC+ countries due to ongoing production restraint of OPEC+, the US Energy Information Administration (EIA) forecast in the December Short ...

Utilisation of BSF larvae could help to stem the expansion of damaging palm oil production, researchers from UK-based consultancy Tunley Environmental, claim in a new study. Cultivation of palm for the purpose of oil extraction has been rapidly expanding ...

Russia's average daily production of crude oil in 2024 slumped to its lowest level in nearly two decades, according to the latest figures, which reportedly show the impact of Ukrainian drone strikes on Russian energy infrastructure. Data from oil trade ...