Latest estimates by the Organization of the Petroleum Exporting Countries have revealed that the total proven crude oil reserves in the world currently stand at over 1,569.3 billion barrels ...

Producing light crude, Bozhong 26-6 is expected to reach 22,300 barrels of oil equivalent a day in peak production this year.

Reserve replacement of 146 percent, 229 percent and 296 percent of 2024 production on a proved developed producing ("PDP") ...

Egypt now ranks amongst the top 10 African countries with the largest proven crude oil reserves in 2025, according to the ‘Business Africa‘ platform. In a report released on Tuesday, the platform ...

The ministry noted that the current volume of reserves is 6% lower than the five-year average for this time of year. As of 18:35 Moscow time, the price of April Brent oil futures on the London ICE ...