The global oil map is being redrawn as the long-run impact of western sanctions channels more barrels from Russia to Asia’s largest economies, with China also taking crude from Iran and Venezuela.

Petroleum has been one of the most transformative resources in modern history, reshaping economies, geopolitics, and ...

As we mentioned in our article – Oil and Gas Production by State: Top 15 – the global oil and gas market was valued at $6.99 trillion in 2022, and is expected to grow to $8.67 trillion by 2027 ...

Countries with the largest oil reserves continue to play a pivotal role in shaping the world’s energy markets and geopolitical strategies. As of 2024, the global distribution of oil reserves ...

In this article, we will be taking a look at the 20 countries that have the largest oil reserves in the world heading into 2024. To skip our detailed analysis, you can go directly to see the 5 ...

(Bloomberg) -- The world’s oil map is being redrawn as the industry becomes increasingly intertwined with renewables, according to consultancy Wood Mackenzie Ltd. Oil majors that want to reduce ...