The Petroleum Industry Classification Oil is classified into three categories including the geographic location where it was drilled, its sulfur content, and its API gravity, its density measure.

Exploration and production (E&P) is the early stage of energy production, which includes searching for and extracting oil and natural gas. After identifying potentially viable fields, a well is ...

The US oil and gas exploration and production industry presents an interesting opportunity for yield-hungry investors. Learn how hydrocarbons turn into profits.

More than half of the 2 million documented, unplugged wells in the country currently stand idle or otherwise contribute no revenue to fund the decommissioning liability, writes petroleum engineer ...

In the 1940s, there was deep suspicion and distrust between government and domestic industry, driven by anti-trust concerns instead of today’s environmental issues. Moreover, like it is today, the mid ...

Even before the pandemic, Ms. Burns said, she had some doubts about her chosen industry. Other students and even an Uber driver ferrying her and others to a petroleum industry banquet in 2018 ...