Shale oil production could reduce global oil prices and boost the global economy, but its impact will vary by country, according to a PwC study.

The high-stakes clash between Exxon Mobil and Chevron over a prized South American oilfield may be a sign of what’s to come in the oil and gas industry as competition for a shrinking pool of prime ...

In this article, we are going to discuss the 16 countries with the largest proven oil reserves in the world. According to the US Energy Information Administration, proven reserves are ‘estimated ...

Oil sands are the focus of the ongoing oil boom in Alberta, Canada, from which the United States imports significant quantities of oil, and they are also found in US Shale Country throughout eastern ...

The 11 largest oil reserves by country in the world in 2020 indicate the countries which may not be typical superpowers, but undeniably hold a lot of power behind the scenes.

Explore the 2025 global oil trends in demand, production, and market dynamics. Key insights from the Energy Institute's ...

Natural gas plays a critical role in the global energy mix, used widely for electricity generation, heating, and as ...

According to data from oil service provider Baker Hughes, the number of active oil rigs in the US fell by a further six last week to just 432. Drilling activity is thus at its lowest level since ...

The list of countries with the largest proven oil reserves yields a few surprises, and some of the largest producers do not have major reserves ...

Shares of shale oil and gas producer Coterra Energy fell as much as 8% on Friday after the company cut its estimate of proven oil reserves, a key measure of future production growth.

This is the first shale oilfield in China with proven reserves exceeding 100mt that has been certificated by China's Ministry of Natural Resources.

Thanks to shale beneath the grasslands, the U.S. oil industry aims to boost production with the same "fracking" technique that has unlocked so much natural gas.