Brazilian state-run oil firm Petrobras said on Wednesday that its estimated proven reserves of oil, condensate and natural ...

In this article, we are going to discuss the 16 countries with the largest proven oil reserves in the world. According to the US Energy Information Administration, proven reserves are ‘estimated ...

Oil, a natural resource formed by the decay of organic matter over the course of millions of years, has been the lifeblood of the global economy for the past century.

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

Except the strategic petroleum reserve doesn’t contain cash. The reserve can hold more than 700 million barrels of oil. Right ...

Petrobras increased its proven oil and gas reserves by 500 million barrels in 2024 and plans to invest $111 billion in exploration and production over the next five years.

Here’s a look at crude oil reserves and production around the world. Facts Crude oil is a form of liquid petroleum, extracted from rock formations and used for fuel and other purposes. Members of the ...

Brazilian state-run oil and gas major Petrobras has informed that its proven reserves of oil, condensate and natural gas rose ...

WASHINGTON (Reuters) -President-elect Donald Trump's pick for Treasury secretary, Scott Bessent, said on Thursday that the dollar should remain the world's reserve currency, the Federal Reserve should ...

The state-owned Iraqi Midland Oil Company said on Monday that it has discovered huge oil reserves in the East Baghdad oil field. Mohammed Yassin Hassan, director general of the company ...