When it comes to dollar value, the oil and gas industry is considered the largest sector in the world. In specific regions where major National Oil Companies (NOC) are situated, oil and gas companies often significantly contribute to national Gross Domestic Product...
For most of the world, oil is a necessary part of life. The United States imports much of its oil and the majority of it is converted into other products for people to use, such as gas or heating oil. On average, the U.S. consumes about 19.4...
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...
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...
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...
