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 ...

The National Iranian Oil Company (NIOC) was established in 1948 and is owned by the government of Iran. It is a member of OPEC. Headquartered in Tehran, Iran, NIOC was first called the Anglo Persian ...

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

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 ...