Part 1 of this two-part series covered the amount of oil reserves we have, with some estimates of how long it will last. This ...

Research in Brazil for possible oil reserves near the mouth of the Amazon river has to go ahead but any discoveries should ...

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Nigeria’s external reserves have recorded their first steady increase in 2025, rising by $364m between April 30 and May 14.This marks the first two-week stretch of steady growth since the reserves ...

The US House of Representatives has proposed a $1.5 billion allocation to replenish the Strategic Petroleum Reserve (SPR), the world's largest emergency crude oil stockpile. This move follows record ...

Vital Energy’s turnaround is gaining traction as acquisitions drive efficiency, costs fall, and breakevens drop below peers.

President Trump and OPEC both want increased oil production, but there could be a solution to their difference on opinion on ...

In the wake of the pandemic, long-term interest rates are now much higher than in the 2010s. In part, these higher rates "reflect the possibility that inflation could be volatile going forward than in ...

An International Monetary Fund (IMF) mission, led by Mr. Jean-Guillaume Poulain, met with the Iraqi authorities in Amman and Baghdad during May 4–13 to conduct the 2025 Article IV consultation. The fo ...

Thai Nippon Steel Engineering & Construction wins EPCC contract for Wassana field redevelopment in Gulf of Thailand ...

U.S. crude oil inventories posted an unexpected build last week, while product stocks fell amid higher demand, according to data released Wednesday by the U.S. Energy Information Administration.