A Russian tanker freshly sanctioned by the US is reportedly shipping crude to Cuba in a deal illustrating how the Putin ...

A new US Department of Energy survey provides updated data on oil & natural gas production in the Caspian Basin. It shows ...

BAGHDAD - The state-owned Iraqi Midland Oil Company said on Monday that it has discovered huge oil reserves in the East Baghdad oil field. Mohammed Yassin Hassan, director general of the company, said ...

Google says it will rename the Gulf of Mexico on its U.S. maps, and Mexico is pushing back. This wouldn't be the first body ...

(Reuters) - Shell said on Thursday it expects its proved oil and gas reserve replacement ratio for last year to be 85%. The reserve replacement ratio (RRR) measures how much oil and gas a company ...

(Reuters) - Shell said on Thursday it expects its proved oil and gas reserve replacement ratio for last year to be 85%. The reserve replacement ratio (RRR) measures how much oil and gas a company adds ...

the goal of the legislation was to conserve domestic oil reserves and discourage foreign imports. In reality, the export ban did not help accomplish either of these objectives. It has now become ...

Without adequate reserves, a country may be unable to pay for critical imports, such as crude oil, or service its external debt. Inadequate reserves can also limit a central bank’s available ...