As defined by the U.S. Geological Survey (USGS), heavy oil is a type of crude oil characterized by an asphaltic, dense, viscous nature (similar to molasses), and its asphaltene (very large ...
US President Donald Trump’s trade wars and sanctions are tightening the market for heavy crude, boosting prices for the ...
Into the picture come the tremendous deposits of heavy oil and bitumen that are found in the Western hemisphere. These non-conventional resources are more difficult and costly to extract ...
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