Artificial Lift Systems Market projected to grow from USD 9.2 Bn in 2023 to USD 16.2 Bn by 2033, with a 5.8% CAGR.

Sinopec is advancing development of shale oil at its pilot project Jiyang in east China, pumping 1,600 metric tons per day now, up from 100 tons in 2021, the state oil and gas group said on Wednesday.

It generally takes a couple of weeks for oil price shifts to be reflected in factory gate costs and at the fuel pumps. In the case of petrol and diesel, in recent weeks prices have been at a three ...

Israel vowed to retaliate. Photo: Amir Cohen/Reuters A rise in oil prices intensified Thursday after President Biden suggested that U.S. officials are considering whether to support an Israeli ...

1545 GMT – Oil price gains eased in late afternoon trade in Europe after a meeting of top OPEC+ ministers kept policy unchanged—including a plan to start raising output in December—bringing ...

In the tray, an extraction pump removes additional liquid to make the final clean-up a simple task. Parts of the waste bins are even dishwasher-friendly. The two roller systems spin in opposite ...

The rule gave companies until September of this year to submit their extraction payment totals. Other US oil producers paid hefty tax and royalty bills, though their payments to foreign ...

Can advances in pump motor technology enhance your oil extraction processes? Pumping systems are incredibly energy-intensive. A single pump jack requires 9,960 kilowatt hours (kWh) of electricity per ...

Transparency advocates had been pushing for the rule for more than a decade to shine a light on Big Oil’s foreign financial ... one of the worst deals for the extraction of our natural resources ...

Big US Oil Companies Reveal Massive Payments to Foreign ... "The truth is, here in the U.S., we get one of the worst deals for the extraction of our natural resources," said Michelle Harrison ...