Kazakhstan has the largest proven oil reserves in the Caspian Sea region, with nearly 80% of all recoverable oil reserves situated in ten large fields, including Tengiz, Karachaganak, etc ...

Estimated at 511 billion barrels, the area would rank as the second largest crude oil reserve by region in the world, behind only that of the Middle East, whose proven reserves stood at over 871 ...

Beneath the terrains of Africa lies tremendous wealth, with a major country on the continent making moves to become its ...

Some say this famous dictator could have died as the richest man in the world at the time ... was made possible by Libya’s oil. The country has the largest proven oil reserves in Africa ...

PDVSA is ranked by Petroleum Intelligence Weekly as the world's fourth largest oil company thanks to its reserves, production, refining and sales capacity, and it has been transformed in recent ...

The crucial discovery comes at a time when the US and China are standing at the brink of a full-blown trade war, after US President imposed an additional 10% tariff on Chinese goods.

Venezuela has the largest oil and gas reserves in the world, but produces hardly any of it. The decision to do so is up to the government. If it does nothing, Venezuela's oil might stay in the ...

BOGOTA, Feb 20 (Reuters) - Colombia's Ecopetrol (ECO.CN), opens new tab booked its biggest increase in proven oil and gas reserves ... Thomson Reuters, is the world’s largest multimedia news ...