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Eni report: global oil reserves and oil production up in 2018 due to US

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The first volume of the report, the World Oil Review, is devoted to oil reserves, supply, demand, trade and prices with a special focus on crude oil quality and on refining industry. In 2018, global oil reserves rose slightly (+0.4%), mainly due to growth in the US. Source: Eni World Oil Review 2019.

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Chevron leveraging information technology to optimize thermal production of heavy oil with increased recovery and reduced costs

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Reducing steam generation requirements and optimizing the generation process reduces the GHG overhead associated with the production of heavier oil. Chevron’s heavy oil interests also include the oil sands in Canada and in the deepwater Brazil. Using thermal recovery processes in heavy oil reservoirs depends largely on.

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