Venezuela is home to over 300 billion barrels of proven crude oil — more than any other country in the world. That's not the reason President Donald Trump gave, however, for the surprise raid on ...

Guyana’s offshore oil discoveries have driven remarkable economic growth and transformed the South American country into a significant energy producer, with implications ...

When it comes to oil-rich countries, one would usually think of Middle Eastern nations like Saudi Arabia or Iraq. But what many do not know is that the country with the largest oil reserves in the ...

Oil has long been one of Africa’s most powerful economic assets. In Africa, Libya holds the largest proven oil reserves, estimated at 48.4 billion barrels, ranking ninth globally, according to the ...

President Donald Trump said Saturday the U.S. would tap into Venezuela’s oil reserves following President Nicolás Maduro’s capture. Trump wants U.S. oil companies to invest in Venezuela’s oil industry ...

OGJ’s reserve figures rely on survey responses and official updates released by individual countries, many of which are not provided every year. OGJ changes its estimate for a country only when it ...

The US captured Venezuelan President Nicolás Maduro in a surprise raid on Saturday. In a press conference, Trump said the US will look to tap the country's oil reserves. Venezuela is home to over 300 ...