The distribution is highly uneven. China alone holds nearly half of the global total, followed by Brazil’s sizable deposits.

Chevron has unloaded Venezuelan crude oil at U.S. ports under its existing Treasury licence, according to a Bloomberg report ...

Iran’s Central Bank governor Mohammad Reza Farzin stepped down on Monday after protests erupted in Tehran and other cities ...

Policy adjustments are now improving the outlook for wind in 2026, as Europe raises auction price caps, reforms tender ...

In 2025, artificial intelligence reshaped the automotive sector, accelerating electric vehicle adoption, advancing autonomous ...

A U.S.-enforced maritime “quarantine” has stranded roughly 17.5 million barrels of Venezuelan crude on tankers, intensifying ...

Petronas has completed drilling the Caiman-1 exploration well in offshore Suriname, marking the first well in a four-well ...

Kazakhstan’s crude and condensate production has fallen by 6% in December following a Ukrainian drone attack that damaged the ...

Talks between Zelenskyy and Trump ended without a peace deal, but both sides signaled continued negotiations centered on ...

The Russian operating company for the Zaporizhzhia nuclear power plant stated the facility could resume operations within 18 ...

China's CNOOC Ltd has announced the discovery of the major Qinhuangdao 29-6 oilfield in the Bohai Sea, estimated to hold over ...

Oil prices surged over 2% following a meeting between U.S. President Donald Trump and Ukrainian President Volodymyr Zelenskyy ...