By end-2025, global proven oil reserves are projected to reach 1,773 billion bbl, up from 2024, based on the preliminary ...

For over a century, the world has run on oil, and out of everywhere in the world, these are the countries sitting on the ...

The Department of Energy said Tuesday it is looking to buy 1 million barrels of oil for the U.S. Strategic Petroleum Reserve, seeking to take advantage of low oil prices to start refilling the country ...

Oil reserves of the 50 largest US producers climbed to 17.8 billion barrels last year, an increase of 11% from 2009. Gas reserves, meanwhile, climbed to 174.3 trillion cubic feet, a 12% jump from a ...