Security

Saudi Aramco facing $50M cyber extortion over leaked data

Saudi Arabia's state oil giant acknowledged Wednesday that leaked data from the company—files now apparently being used in a cyber-extortion attempt involving a $50 million ransom demand—likely came from one of its contractors.

Business

Study: Oil demand likely to grow despite pandemic

The COVID-19 pandemic has significantly affected both consumer and commercial transportation, but global oil demand will probably continue to grow through 2030, according to a new study.

Robotics

Underwater robot does not need help on the ocean floor

Robots can perform jobs underwater that are too complex or dangerous for humans. That is, if they can manage on their own, because no one can help them down there. The REMARO project works on its control systems and trains ...

Business

Total's profits surge past pre-pandemic levels

French energy giant Total posted a sharp increase in quarterly profits on Thursday, outstripping pre-pandemic levels as oil prices rebounded from the doldrums of the coronavirus crisis.

Energy & Green Tech

Recharged: Energy seen as big winner after disastrous 2020

Energy companies spent the first quarter of 2021 recharging from a draining year. Wall Street expects that growth to continue as energy companies and many of the other companies beaten down by the virus benefit from the vaccine ...

Energy & Green Tech

Biocrude passes the 2,000-hour catalyst stability test

A large-scale demonstration converting biocrude to renewable diesel fuel has passed a significant test, operating for more than 2,000 hours continuously without losing effectiveness. Scientists and engineers led by the U.S. ...

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Oil

An oil is a substance that is in a viscous liquid state ("oily") at ambient temperatures or slightly warmer, and is both hydrophobic (immiscible with water) and lipophilic (miscible with other oils, literally). This general definition includes compound classes with otherwise unrelated chemical structures, properties, and uses, including vegetable oils, petrochemical oils, and volatile essential oils. Oil is a nonpolar substance.

The term oil is often used colloquially to refer to petroleum.

This text uses material from Wikipedia, licensed under CC BY-SA