The United States is currently the world’s largest crude oil producer, but it still needs to import heavy varieties of oil, as most of the domestic output tends to be light crude while refineries are ...

SINGAPORE, Sept 10 (Reuters) - Asian refiners are buying more light crude and trimming purchases of heavy oil, as they tweak production to meet rising demand for low-sulphur fuels in the shipping ...

Shale oil production growth to record highs in the United States drove a 2.5-million-bpd increase in global oil production last year despite OPEC+ cuts, Italy’s Eni said in the latest edition of its ...

"The results ... have proven the existence of a high quality light oil bearing reservoir, with no observed water contact," Travis Smithard, CEO of Rhino Resources said in a statement. African energy ...