Author : EconomyWatch

Diesel is a heavy oil named after Rudolf Diesel, or Rudolf Christian Karl Diesel, a German engineer who invented the diesel engine (1858-1913). The most common form of diesel...

As per reports of Iran oil and gas industry, China National Petroleum Corporation, which is a major oil and gas company in China, has inked a deal for developing...

Hubbard's Peak Oil Theory - When Will we Reach Peak Oil Production? Simply put, peak oil is a term that reminds us that our world oil reserves are nonrenewable....

    An Introduction to Malaysia Palm Oil Industry The continual growing demand for edible oil has resulted in a great demand for palm oil which has become a...

Norway Oil and Gas industry is performing consistently even when other Western European countries are experiencing constraints. Oil and gas industry of Norway ranks as world’s third largest with...

A review of historical oil prices shows that oil displays wide price swings when markets suffer from scarcity or oversupply. The price cycle of crude oil ranges from a...

Oil fields are regions with abundant underground oil reservoirs. Oil wells are drilled in these fields to extract crude oil and petroleum by-products. The largest oil fields in the...

An Introduction to Canadian Oil Industry Canadian Oil Industry is among the top ten oil industries in the world in terms of the production of crude oil. According to...

Worldwide oil demand reached the 30 billion mark in 2008. According to the BP Review of World Energy, the global rate of oil consumption is increasing by approximately 1.3%...

In 2009 two important events are coming up for Azerbaijan oil and gas industry. 16th International Caspian Oil and Gas Exhibition of oil and gas industry in Azerbaijan would...