While there's ample oil in the ground, the world economy struggles to maintain prices that make extraction economically viable, especially for heavy oil, crucial for diesel and jet fuel. Economic ...

Heavy Fuel Oil has been in the news again over the past 8 days since a Japanese bulk freight carrier on the coral reefs of the Indian Ocean Island of Mauritius started leaking Heavy Fuel Oil into its ...

In both oil and gas, the United States imports heavy oil and gas from Canada and then exports light oil and natural gas (to stronger markets) to make a profit as a country on the situation. Hopefully ...

Heavy oil, characterised by its high viscosity and density, poses considerable challenges in extraction, transportation and refining. Upgrading techniques, particularly aquathermolysis, have emerged ...

With the world’s reserves of light oil diminishing, oil companies are increasingly turning to heavier varieties – which make up 70% of global oil reserves – to meet rising energy demands. Existing ...