Trump: US to develop 'massive' oil reserves in Pakistan

In a post on Truth Social, Trump stated that the United States and Pakistan are currently in the process of...

Ukraine strikes oil refineries in Russian territory

The targeted refineries include facilities in Ryazan, approximately 130 miles southeast of Moscow, Kstovo in the...

Venezuela agrees to supply oil to India; says Petroleum Secy

Venezuela, a historical player in the global oil industry, has been producing oil since 1914. With proven oil...

Pakistan: New oil, gas reserves discovered in Sindh

One of Pakistan's top state-owned exploration and production firms, Oil & Gas Development Company Limited...

Biden to release 15 million barrels from oil reserve

Washington [US], October 19 (ANI): President Joe Biden will announce the release of 15 million barrels of oil from...

Biden allowing emergency oil reserves to go to China: Republicans

Washington [US], July 9 (ANI): Several top Republicans have severely slammed US President Joe Biden following...

Oil sees biggest weekly loss in 2 years

New York [US], April 2 (ANI/Sputnik): Oil markets entered April with their worst weekly loss in two years as the...

US encourages India to participate in strategic petroleum reserve

Washington [US], April 1 (ANI): The United States has been in touch with several countries including India on the...

US announces first sale of 18mn barrels from strategic oil...

Washington [US], December 11 (ANI/Sputnik): The Energy Department announced the first sale of 18 million barrels of...

Japanese Prime Minister Kishida officially announces sale of...

Tokyo [Japan], November 24 (ANI/Sputnik): Japanese Prime Minister Fumio Kishida officially announced the decision to...

India plans to release about 5 million barrels of crude oil...

New Delhi [India], November 23 (ANI): India plans to release about five million barrels of crude oil from strategic...

Japan mulls releasing oil reserves to respond to increasing...

Tokyo [Japan], November 20 (ANI/Sputnik): The Japanese government is considering to release crude oil reserves to...