With the world’s reserves of light oil diminishing, oil companies are increasingly turning to heavier varieties – which make up 70% of global oil reserves – to meet rising energy demands. Existing ...
China's first oilfield from with reserves of super-heavy oil begins extracting reservoirs through thermal recovery. Luda 5-2 North Oilfield Phase II Development Project commenced production extraction ...
Andrew Beattie was part of the original editorial team at Investopedia and has spent twenty years writing on a diverse range of financial topics including business, investing, personal finance, and ...
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