Despite claims of holding the world’s largest oil reserves, Venezuela’s resources are overwhelmingly extra heavy crude that ...

MV Sagitta is the latest ship linked to Venezuela that the US has captured since early December US military forces boarded ...

Russia's latest mass attack knocked out power at Chornobyl and left millions facing strict rationing, while Europe rushes emergency aid.

Ukraine's organic market remains predominantly export-oriented, with the European Union continuing to be the key sales market ...

China has lent Venezuela tens of billions of dollars in recent decades. But Caracas could simply declare those obligations void, analysts say The US takeover of Venezuela has placed billions of ...

Iran Protest Sparks, China Vs India And Russia's Real Economy. It's a new year, so I've decided to change how I name these roundup posts. I'm retiring the name“At least five interesting things”, which ...

An Iranian vessel, the Caspian Shiva, was sinking in the Caspian Sea while en route to the Russian port of Makhachkala after ...

Saudi Aramco, one of the world’s top corporate greenhouse gas emitters, supplies fossil-based plastics to global brands that ...

A revitalized Venezuelan oil industry could lift production from 800,000 barrels daily back to its peak of 3 million, but the ...

By Ahmad Ghaddar and Olesya Astakhova LONDON/MOSCOW, Jan 26 (Reuters) - OPEC+ is expected to keep its pause on oil output ...

The World’s September oil production increased by 737 kb/d to 86,033 kb/d, a new World Peak Oil All Time High. Read more here.

Annual conventional discoveries have fallen from over 20 billion boe in the early 2010s to about 8 billion boe since 2020.