The world would need to plant a forest the size of North America in order to offset planet-warming emissions from the 200 largest oil and gas companies, new research has found. A study published ...

New Delhi: Tension is simmering between America and Venezuela. However, this is not the first time that the relations between the two countries have deteriorated so much. Venezuela has had complicated ...

A look at the map of global oil reserves for 2024, and all you will see is a handful of countries dominating the scene. According to the Organisation of the Petroleum Exporting Countries (OPEC), world ...

In early 1945, Germany launched Operation Spring Awakening, a last-ditch strike to seize Hungary’s oil fields and restart its ...

Global oil consumption reached an all-time high in 2024, driven primarily by non-OECD countries, with the U.S. remaining the largest consumer. The U.S. continues to lead the world in total oil ...

China has spent months building up its oil reserves. That might come in handy in the wake of the new sanctions the U.S. recently imposed on Russian crude. During the first nine months of the year, the ...

India is currently evaluating plans to construct three additional strategic oil storage facilities to enhance its emergency reserves and bolster energy security, according to the chief executive of ...

'Proven oil reserves' is always a tricky subject because the numbers reported are often misleading and subject to uneven fluctuations. Which is why experts are puzzled at President Donald Trump’s ...

Since taking office, Donald Trump, the current US president, has been producing shockwaves across the world with his decisions. Recently, one of his plans has made environmentalists concerned, as it ...

LONDON (Reuters) - World oil reserves increased again last year as the global oil industry found more new oil than it used, BP said on Wednesday. BP said in its annual Statistical Review of World ...

Caracas: Venezuela sits on the largest proven oil reserves in the world. Still, the country remains trapped in poverty and is crippled by the highest inflation rate anywhere on the planet. Despite its ...