Australia has huge reserves of coal and gas – but very little oil. Before the 20th century, this didn’t matter – trains ran ...

China's recent discovery of over 100 million tonnes of crude oil and significant natural gas reserves in the South China Sea, ...

LAUNCESTON, Australia, March 17 (Reuters) - China dipped slightly into crude stockpiles in the first two months of the year as refiners processed more oil and imports remained weak. It was the ...

President Joe Biden is tapping an emergency stockpile of oil to stem a rising tide of energy prices. His order Tuesday draws 50 million barrels of crude oil from the nation's Strategic Petroleum ...

LAUNCESTON, Australia, March 20 (Reuters) - What's more important for crude oil markets? Forecasts of Chinese oil demand growth by leading agencies or the reality of ongoing weakness in imports?

It is a major crude oil transportation pipeline in the Niger Delta region, which is known for its significant oil reserves. The Trans Niger Pipeline is operated by the Shell Petroleum Development ...