South American nation’s tar-like oil is what many Gulf coast facilities were built for but ramping up production to 3m barrels a day will be a long game Clustered along the US Gulf coast are some of ...

As the US–Israel war on Iran escalates, so too does the global oil crisis. The effective closure of the Strait of Hormuz, through which roughly 20% of the world’s oil and natural gas flows, and the ...

The U.S. is a net exporter of "crude oil and petroleum products," but in the narrower measure of crude oil by itself — which is the most important factor in determining gasoline prices — the U.S. is a ...

Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector. FREEPORT, TEXAS - JANUARY 14: The Nave Photon crude oil tanker is ...

The International Energy Agency (IEA) said war in the Middle East was “creating the largest supply disruption in the history ...