and catapulted the impoverished South America country firmly onto the global oil map. OilPrice points out that the offshore Guyana-Suriname Basin is being called the world’s most exciting oil ...

“Payara, Liza and the adjacent satellite discoveries at Snoek and Liza Deep will provide the foundation for world class oil developments and deliver substantial benefits to Guyana.” Last June ...

according to a World Bank report. The Bab el-Mandeb Strait, located at the southern entrance of the Red Sea, is a chokepoint for global oil shipments, particularly for crude oil traveling from the ...

"New sanctions that target a wide range of tankers has made it much more difficult for Russia to sell its oil and refined products around the world. Even Chinese ports that routinely accepted ...

Oil prices fell for a fifth day to their lowest since February 2021 today on looming demand concerns fuelled by an escalating tariff war between the US and China, the world's two biggest economies ...