Guyana has rapidly transitioned into the world's newest petro-state, driven by significant offshore oil discoveries and ...

SOMO revealed on Wednesday that Iraq has the fourth-largest proven oil reserves in the world, with around 145 billion barrels.

Here’s a look at the Organization of the Petroleum Exporting Countries, headquartered in Vienna, Austria. Facts The purpose ...

Secretary of State Marco Rubio was visiting Guyana amid ExxonMobil’s oil production there. Venezuela has asserted claims to a ...

Baku's oil production surpassed that of the United States. By 1901, the region accounted for half of the world's oil output, with 1,900 wells operating within a six-square-mile area.

Hence, Azerbaijan is widely considered the world's first oil-producing country. The industrial oil production started in the ...

Once a climate champion, Brazil's president, Luiz Inacio Lula da Silva, is pushing for more oil drilling, even as the country ...

Colombian energy giant Ecopetrol has polluted hundreds of sites with oil, including water sources and biodiverse wetlands, ...

WITH rapidly growing oil production, Guyana is on the verge of becoming the world’s largest oil producer per capita, ...

The United States will impose a 25% tariff on imports from any country that purchases oil products from Venezuela, President ...

Facing the imminent withdrawal from Venezuela of U.S. oil giant Chevron Corp. , strongman Nicolás Maduro is rolling out the red carpet to other foreign oil companies, saying that all of them would be ...

The SSEM is an annual World Bank report that evaluates key economic trends, projections, and policies affecting South Sudan.