PetroKnowledge

Here is how oil and gas companies rank based on their market capitalization: 1.  ExxonMobil (XOM) $321.2 Billion 2.  Shell (RDS) $280.6 Billion 3.  Chveron (CVX) $229.6 Billion…

Here is a list of oilfield service companies and how they are ranked in terms of their market capitalization: 1. Schlumberger $62.16 Billion 2. Halliburton $27.79 Billion 3.…

It takes millions of years for crude oil to be formed, and the process requires the presence of a good and complete petroleum system that consists of: –…

Unconventional hydrocarbons resources are resources found in reservoirs with geological characteristics and locations that are different from those where conventional oil and gas resources are usually produced. Different…

Thanks to Spirit Energy, its Cygnus offshore platform has become the first ever offshore platform to be accessible by public via Google Streetview. Take a virtual tour at…

When it comes to crude oil trading, there are different types of crude oil grades traded around the world such as North Sea’s Brent Crude oil and United…

U.S. Permian basin is positioned to play a major role in U.S. energy industry and the global oil market going forward. Here are the key facts about the…

What is offshore decommissioning? Offshore decommissioning involves plugging oil and gas wells and disposal of the equipment used in offshore oil and gas production. It occurs in the…

How did oil trading begin? This infographic provides a brief overview of the history of crude oil, crude oil trading, factors that impact crude oil prices and future…

Crude oil is an integral part of our daily life, from transportation, heating, production, electricity, to beauty products. This infographic provides a brief overview of the history of…

What is the origin of oil? How was oil formed? This infographic provides a brief overview of how oil -the world most valuable commodity is formed and its…