The Department of Energy has added a mere 5 million barrels to the reserve thus far this year. Buying crude been hampered by an ongoing modernization effort at the SPR dubbed Life Extension 2 program ...

Czech controls on olive oil have found two-thirds of samples were non-compliant. The Czech Agriculture and Food Inspection Authority (SZPI) focused on the quality of olive oils on the domestic market.

Exxon Mobil Corporation reported a mixed Q4 with a trend downward due to slumping energy prices and excess production capacity. The company reported a decline in revenues and plans to ramp up ...

Dan Arthur, the president and chief engineer of ALL Consulting, stands beside a defunct oil well in the Tallgrass Prairie Preserve in Oklahoma on March 20, 2024. The well has not been used for years — ...

A common problem with oil wells is that they can run dry even when sound-based measurements say there's still oil there. A team from Penn State University used Pittsburgh Supercomputing Center's ...

Oil wells often dry up far earlier than predicted, leaving companies baffled about the “missing” reserves. A Penn State team tackled this puzzle by harnessing PSC’s Bridges-2 supercomputer, adding a ...

Discover why Energy Transfer LP (ET) is rated Sell amid oil reliance, poor catalysts, and underperformance. Evaluate risks ...

JUNEAU, Alaska (AP) — Gov. Sean Parnell’s plan to overhaul Alaska’s oil tax structure is a positive step toward improving the state’s business climate but there’s room for improvement, one of the ...

High-mileage oil is loaded with advanced additives intended to solve specific problems for high-mileage engines. You should ...