The current estimates of Africa’s oil and gas reserves at 120-million barrels of crude oil and 632-trillion cubic feet of ...

Russia's vast mineral reserves, including the largest known reserves of natural gas on the planet, are worth a gargantuan $75 ...

Some say this famous dictator could have died as the richest man in the world at the time. He amassed huge sums of money while ruling his country with an iron grip, but his reign eventually came ...

Half a century of oil drilling has left the Amazon rainforest scarred -and a new wave of fossil fuel extraction is coming ...

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

The Department of Energy has awarded a new $1.4 billion contract to Strategic Storage Partners, LLC—hardly a household ...

A strong rouble and low oil prices are set to widen Russia's budget deficit this year, adding to the pressure on it from ...

Q&A with Mike Verney, executive vice-president, McDaniel & Associates By Deborah Jaremko New analysis commissioned by the ...

The newly found Huizhou 19-6 oilfield is not in a disputed part of the South China Sea and lies within China’s Exclusive ...

China's National Offshore Oil Corporation (CNOOC) said Monday it has discovered a major oilfield in the eastern South China ...

One June day in 1996, three years after he became prime minister, Jean Chrétien made his way to a recreation centre in Fort McMurray, now the gritty northern Alberta heart of the oil sector, sitting ...

Alberta’s proven natural gas reserves have increased nearly sixfold to 130 trillion cubic feet since they were last assessed, according to a new study, giving Canada’s oilpatch leaders something to ...