China oil spill to have long-term impact: report

An oil spill off China's eastern coast kept hidden from the public for weeks has caused long-term environmental damage that will hurt the area's fishing industry, state media reported Tuesday.

How much oil have we used?

Estimates of how much crude oil we have extracted from the planet vary wildly. Now, UK researchers have published a new estimate in the International Journal of Oil, Gas and Coal Technology that suggests we may have used ...

Why we will still need oil and gas in the future

Worldwide, total oil demand keeps growing. Low prices are fueling this trend. To remain competitive, oil companies need to reduce their production costs. Siemens is supporting their efforts with a comprehensive portfolio ...

How the pandemic is harming the oil and gas industry

In August, Exxon Mobil, once the largest publicly traded company in the world, was dropped from the Dow Jones industrial average after 92 years. Exxon's removal is emblematic of the changing profiles of energy companies. ...

The downside of biodiesel fuel

The oil industry believes biodiesel is not to blame for problems that Norwegian car owners are experiencing. But the nature of the fuel means that it has to be handled differently than regular petroleum-based diesel, a Norwegian ...

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