Venezuela, oil
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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 ...
Researchers developed a biorefinery model in BioSTEAM to evaluate industrial-grade azelaic acid production from high-oleic soybean oil using the two-step oxidative cleavage (TSOC) process. The modeled system demonstrated the potential for financially viable azelaic acid production from high-oleic soybean oil and the utility of techno-economic analysis (TEA) and life cycle assessment (LCA) for evaluating and improving performance.
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 ...
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 Refinery is seen on October 04, 2023 in Big Spring, Texas.
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 ...
US shale oil production growth in 2023 was overstated due to EIA's inaccurate data, leading to inflated growth expectations for 2024 and 2025. Associated gas production is outpacing crude production, indicating a maturing basin and signaling that US shale ...
See how Trump’s capture of Maduro and control of Venezuela’s oil sales could affect China, Cuba and the United States.