U.S. President Donald Trump's signature budget bill slashed funding for refilling U.S. emergency oil reserves, violating his ...

SPR levels dropped to a 40-year low of 347mln barrels in July 2023 after Trump's predecessor Joe Biden carried out several SPR sales to ease rising oil prices ...

With significant shale oil reserves, the U.S. ranks ninth globally but leads the world in oil production. As of April 2025, U ...

India is planning to build three new strategic petroleum reserve sites to strengthen its energy security and meet the ...

Meanwhile, the hit on the Fajr-e Jam Gas Refinery, in Bushehr province, threatens to disrupt Iran’s domestic electricity and ...

It would take more than 9.5 million square miles of trees to offset the emissions of the world’s 200 largest fossil fuel ...

Discover the top 10 countries with the largest oil reserves, their OPEC status, production capabilities, and how political, economic, and technological factors influence their role in global energy.

India plans to build three new oil reserves to increase its emergency stockpile in order to strengthen the country's energy ...

When it comes to oil importers, the US and China are the top two. Despite having their own oil reserves, their huge energy ...

The shale boom made the US the world’s top oil producer in recent years, ahead of Saudi Arabia and Russia. But with many of ...

The country has multiple LNG export projects underway, including a floating facility (2.5 Mtpa) and planned expansions with ...