Inside An Oil Refinery: How We Make Oil

Inside An Oil Refinery: How We Make Oil

We all know that oil is an important resource. We know that there is a lot of controversy regarding where we obtain our oil. But one thing we don’t focus on enough is how the oil is transformed from the way it looks right out of the ground, to the gasoline that we put...
From Fossil to Barrel: The Steps of Getting Oil

From Fossil to Barrel: The Steps of Getting Oil

  Read on for a step-by-step educational breakdown of the basic process of getting oil into above-ground wells!   Where oil comes from: We get oil from the remains of small animals and plants that had died in the ancient seas between the times estimated from...
Kenya is Set to Become a Big Producer in Oil

Kenya is Set to Become a Big Producer in Oil

  When we think about the countries that produce oil, Kenya is not typically the country that comes to mind. But after a recent discovery of oil in the Turkana region, Kenya is joining the ranks. Kenya’s government has approved of a plan to extract up to 4,000...
Oversupply of Oil Continues to Hobble Oil Prices

Oversupply of Oil Continues to Hobble Oil Prices

Just this week, oil futures fell again after the United States Energy Information Administrations reported an unexpected build in weekly crude inventory. There was a “surprise” build of 1.671 million barrels, to a total of 521.1 million barrels in a time when...

Riverstone to acquire 50% stake in Utopia pipeline project

This post is originally from Oil & Gas Journal.   HOUSTON, June 28 06/28/2016 ByOGJ editors Riverstone Investment Group LLC will become a 50-50 partner with Kinder Morgan Inc. in the $500-million Utopia pipeline project in Ohio. To acquire its stake,...