Proof reserves ... the oil, for sure. And the other was the conclusion of the investment of what? Of the other companies. You say, for example, to have the idea you are talking about of ExxonMobil ...

Dan Ammann says ExxonMobil is finding better ways to unlock more of its known resources, through a 'production line' approach ...

The Trump administration wants to spend $20 billion buying millions of barrels. They’re looking at the wrong place for energy ...

Exxon Mobil Exxon Mobil Corporation (NYSE:XOM) engages in the exploration and production of crude oil and natural gas in the U.S. and internationally. Exxon Mobil has raised it (Bloomberg ...

Tanzania aims to start a licensing round for dozens of oil and gas exploration blocks ... an estimated 57 trillion cubic feet of natural gas reserves. Three of the 26 blocks are in Lake Tanganyika ...

The breakthrough for China came after drilling was done to a total depth of about 15,879 feet (4,840 meters) in the Beibu ...

By Newsbase MENA syndicate Iran has struck new deposits of “unconventional” oil estimated to hold up to 5bn barrels ...

Oil prices dropped to a six-month low as economic ... while avoiding projections of a recession. On Friday, Federal Reserve Chair Jerome Powell acknowledged the rise in uncertainty, but said ...

Exxon Mobil Corporation XOM and QatarEnergy’s $10 billion Golden Pass LNG project in Texas has received a crucial export extension from the U.S. Department of Energy. The new approval extends ...

President Donald Trump said on his first day in office he wants to fill the reserve up to the top as part of a policy to support oil and gas. Former President Joe Biden's administration sold ...

The country has the largest proven oil reserves in Africa, with crude production forming more than 90% of export revenues. At its peak in 2010, Libya produced 1.8 million barrels of oil per day.

Trump has pledged to replenish the reserve as part of his broader plan to boost domestic oil production, and Wright said "ultimately that's what it was built for - to have the maximum security for ...