Earlier this month BP released its Statistical Review of World ... production and consumption of petroleum. A Record Decline in Oil Demand For 2020, the Review reported the largest decline in oil ...

Many African countries depend on oil for economic growth, energy generation, and revenue collection, making it a crucial ...

The Middle East includes five of the top ten oil-producing countries and is responsible for producing about 26% of world production. While state-owned enterprises produce much of the oil, many ...

However, what this country lacks in water, it certainly makes up for it with huge oil reserves. The country in question is Saudi Arabia, one of ... Arabia is the world's largest producer of ...

U.S. energy giant Chevron expects 1 million barrels of oil equivalent per day from Kazakhstan's Tengiz oil field, which is among the world's biggest ... exploration and production, told the ...