Explore the differences between shale oil and conventional oil, including extraction costs and methods, and how these impact ...

Refining converts mixed crude oil into specification fuels, petrochemical feedstocks, lubricants, and other products by physical separation, chemical conversion, and product treating/blending. It ...

FPSO crude separation is a staged, three-phase process that uses pressure letdown, heating, and electrostatic coalescence to split well fluids into stabilized crude, export gas, and treated produced ...

Venezuela sits on 303 billion barrels of oil—more than Saudi Arabia. So why does it pump less than 1% of global supply? The answer involves nationalizations, sanctions and crude that's harder to ...