Oil majors are considering a change in strategy for Europe because of windfall taxes. Oil majors want to spend more on upstream oil and gas, but need long-term demand for their products in order to do ...

Sources said that there is ample crude oil in the market currently as Ukraine’s drone attacks on Russian refineries is ...

Last year, the demand for loans from fossil-fuel companies fell 6% year-on-year and that followed a decline of 1% in 2022. From a climate perspective, this may sound like good news because the drop in ...

Demand for loans from the oil and gas industry fell by 6% last year. Oil and gas producers' ratio of net debt to earnings before interest, tax, depreciation and amortization has dropped from 2.4 in ...

Lubricating oil is the lifeblood of virtually all rotating equipment found in a power plant. Keep it clean and the lube system is relatively low maintenance. However, cycling operation and restarts ...

There are many ways to define what constitutes an oil flush. Whether you are discussing oil flushing with contractors, equipment manufacturers or maintenance personnel, it is important to use the same ...

When performing an oil flush on your equipment, it is important to have a plan and procedures that take into account the criteria and materials used for deeming the system clean. This includes ...

Saudi Arabia may flood the market with more oil supplies, reversing its production curbs, as the world's top crude exporter tries to regain control of prices, an energy market veteran said. That comes ...