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One headline example in 2025 is Baker Hughes’ supercritical carbon dioxide (sCO 2) turboexpander, now in final assembly for ...
In this research, prediction of crude oil cuts from the first stage of refining process field is laid out using rough set theory (RST) based adaptive neuro-fuzzy inference system (ANFIS) soft sensor ...
After two oil executives made $1.6 billion for the family of late wildcatter J. Cleo Thompson and helped defend them against T. Boone Pickens, the Thompsons rewarded them each with $100 million ...
High fidelity and high-speed modeling and simulation are essential analytical tools for the design of sophisticated large-scale power conversion systems, like Oil and Gas compressor drives, Wind and ...
A consortium of investors led by the state-owned Abu Dhabi National Oil Company (ADNOC) and including sovereign wealth fund Abu Dhabi Development Holding Company and US private equity firm Carlyle has ...
Oil futures tumbled again Tuesday on hopes that the shaky ceasefire between Israel and Iran would reduce if not eliminate the risk any significant disruption to global energy markets. Gasoline ...
The U.S. military strikes in Iran are raising questions about the impact on supplies of oil and gas, including whether the widening conflict could result in higher energy prices for Americans.
In the wake of the U.S. attack on Iranian nuclear facilities, President Trump urged “everyone” to keep oil prices down Monday, also pushing to "drill, baby, drill." ...
The Strait of Hormuz is one of the world's busiest shipping lanes, so any disruption would hit the energy markets hard.
As U.S. strikes on Iranian nuclear facilities drive fears of retaliation, it remains to be seen whether Iran will try to block oil trade via the Strait of Hormuz.
Along with crude oil and petroleum products, the strait also allowed for about one-fifth of the world's liquefied natural gas trade in 2024, which primarily came from Qatar, the EIA said.
Oil prices eased off a 5-month high as expectations Iran won't close the Strait of Hormuz for now. But this may still change, they warned.