Oil Reserves
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"Reserves": Pak Minister Contrasts Country's Oil Shock With India's Stability
Pakistan's Petroleum Minister Ali Pervaiz Malik pointed at how India is relatively stable compared to his country because of its strategic oil reserves and adequate forex reserves, which absorbed the impact of the oil disruption due to the blockade i
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Before Iran War, China Amassed World's Largest Oil Stockpile
According to the US Energy Information Administration, China had nearly 1.4 billion barrels of oil put aside compared to 1.2 billion barrels among 32 members of the International Energy Agency (IEA). Of these, the US has 413 million barrels.
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"Why Not Take Oil?" 4 Decades Before War, Trump Was Already Eyeing Iran
Iran is one of the world's biggest oil producers. The country holds the world's second-largest proven natural gas reserves and the third-largest crude oil reserves, according to United States Energy Information Administration.
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Energy Body Proposes Record Oil Reserve Release Amid Iran War: Report
The International Energy Agency (IEA) has proposed its largest ever release of oil reserves to counter soaring crude prices driven by the US-Israeli war with Iran, the Wall Street Journal reported Tuesday, citing officials familiar with the matter.
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India Could Be Forced To Play Russia Oil Card If Iran Conflict Drags On
India could increase purchase of Russian crude to offset potentially large-scale energy supply volatility linked to US-Israel-Iran war, particularly after Tehran shut down the Strait of Hormuz, a chokepoint that carries around a fifth of world's oil.
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World's Largest Oil Reserves, Yet Venezuela's Energy Sector Collapsed
In a dramatic overnight raid, US forces captured Venezuelan President Nicolas Maduro, and Washington officials made no secret of their primary objective: preventing America's adversaries from exploiting Venezuela's vast oil wealth.
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Trump's Plan To Seize, Revitalise Venezuela's Oil Industry Can Take Years
President Donald Trump's plan to take control of Venezuela's oil industry and ask American companies to revitalise it after capturing President Nicolas Maduro in a raid isn't likely to have a significant immediate impact on oil prices.
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Pakistan's Meagre Oil Reserves Don't Match Trump's 'Massive' Claim, Data Shows
Even as US President Donald Trump said in a social media post that the US has signed a deal to develop and explore "massive oil reserves" in Pakistan, the ground reality is that the neighbouring nation has very limited oil and gas reserves.
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Release Of Oil Reserves Will "Make A Difference": Joe Biden
President Joe Biden said Tuesday that the release of strategic oil reserves by the United States and other major consumers will "make a difference" for Americans anxious about fuel prices.
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India Plans To Fill Strategic Oil Storage By The Third Week Of May
India plans to completely fill its strategic petroleum reserve (SPR) by the third week of May by moving about 19 million barrels into the sites by then, the managing director of the country's SPR said on Tuesday.
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Pakistan May Soon Hit Oil, Gas Jackpot In The Arabian Sea: Imran Khan
Pakistan Prime Minister Imran Khan has said that his country is on the verge of hitting a kind of jackpot in the form of discovering a huge reserve of oil and gas in the Arabian Sea.
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Live Grenade Found In Mathura, Defused
A live hand grenade was found today near the Army oil reserve depot on the Delhi-Agra highway in Mathura, police said.
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UN Envoy Says Deal Very Close Between Libya's Warring Factions
Libya's warring factions are very close to a deal on forming a unity government and could sign a long-awaited accord in a month, the new UN envoy said.
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India to Have Four More Strategic Oil Reserves: Dharmendra Pradhan
The Centre has chalked out plans to set up at least four more strategic oil reserves in the country in a bid to store adequate stock for meeting 90-100 days requirement during any crisis.
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Venezuela surpasses Saudi Arabia for world's biggest oil reserve
Venezuela is now the country with the most proven crude oil reserves on the planet, 296.5 billion barrels, according to the Annual Statistical Bulletin of the Organization of the Oil Exporting Countries.
-
"Reserves": Pak Minister Contrasts Country's Oil Shock With India's Stability
Pakistan's Petroleum Minister Ali Pervaiz Malik pointed at how India is relatively stable compared to his country because of its strategic oil reserves and adequate forex reserves, which absorbed the impact of the oil disruption due to the blockade i
-
Before Iran War, China Amassed World's Largest Oil Stockpile
According to the US Energy Information Administration, China had nearly 1.4 billion barrels of oil put aside compared to 1.2 billion barrels among 32 members of the International Energy Agency (IEA). Of these, the US has 413 million barrels.
-
"Why Not Take Oil?" 4 Decades Before War, Trump Was Already Eyeing Iran
Iran is one of the world's biggest oil producers. The country holds the world's second-largest proven natural gas reserves and the third-largest crude oil reserves, according to United States Energy Information Administration.
-
Energy Body Proposes Record Oil Reserve Release Amid Iran War: Report
The International Energy Agency (IEA) has proposed its largest ever release of oil reserves to counter soaring crude prices driven by the US-Israeli war with Iran, the Wall Street Journal reported Tuesday, citing officials familiar with the matter.
-
India Could Be Forced To Play Russia Oil Card If Iran Conflict Drags On
India could increase purchase of Russian crude to offset potentially large-scale energy supply volatility linked to US-Israel-Iran war, particularly after Tehran shut down the Strait of Hormuz, a chokepoint that carries around a fifth of world's oil.
-
World's Largest Oil Reserves, Yet Venezuela's Energy Sector Collapsed
In a dramatic overnight raid, US forces captured Venezuelan President Nicolas Maduro, and Washington officials made no secret of their primary objective: preventing America's adversaries from exploiting Venezuela's vast oil wealth.
-
Trump's Plan To Seize, Revitalise Venezuela's Oil Industry Can Take Years
President Donald Trump's plan to take control of Venezuela's oil industry and ask American companies to revitalise it after capturing President Nicolas Maduro in a raid isn't likely to have a significant immediate impact on oil prices.
-
Pakistan's Meagre Oil Reserves Don't Match Trump's 'Massive' Claim, Data Shows
Even as US President Donald Trump said in a social media post that the US has signed a deal to develop and explore "massive oil reserves" in Pakistan, the ground reality is that the neighbouring nation has very limited oil and gas reserves.
-
Release Of Oil Reserves Will "Make A Difference": Joe Biden
President Joe Biden said Tuesday that the release of strategic oil reserves by the United States and other major consumers will "make a difference" for Americans anxious about fuel prices.
-
India Plans To Fill Strategic Oil Storage By The Third Week Of May
India plans to completely fill its strategic petroleum reserve (SPR) by the third week of May by moving about 19 million barrels into the sites by then, the managing director of the country's SPR said on Tuesday.
-
Pakistan May Soon Hit Oil, Gas Jackpot In The Arabian Sea: Imran Khan
Pakistan Prime Minister Imran Khan has said that his country is on the verge of hitting a kind of jackpot in the form of discovering a huge reserve of oil and gas in the Arabian Sea.
-
Live Grenade Found In Mathura, Defused
A live hand grenade was found today near the Army oil reserve depot on the Delhi-Agra highway in Mathura, police said.
-
UN Envoy Says Deal Very Close Between Libya's Warring Factions
Libya's warring factions are very close to a deal on forming a unity government and could sign a long-awaited accord in a month, the new UN envoy said.
-
India to Have Four More Strategic Oil Reserves: Dharmendra Pradhan
The Centre has chalked out plans to set up at least four more strategic oil reserves in the country in a bid to store adequate stock for meeting 90-100 days requirement during any crisis.
-
Venezuela surpasses Saudi Arabia for world's biggest oil reserve
Venezuela is now the country with the most proven crude oil reserves on the planet, 296.5 billion barrels, according to the Annual Statistical Bulletin of the Organization of the Oil Exporting Countries.
