When Rachel Reeves joined the spring meeting of the International Monetary Fund (IMF) in Washington last week, she might have ...

The narrative that PNG is "resource-rich" is only partly true but misleading, and does more harm than good, says Rohan Fox.

The price of Kuwaiti oil went down by US$2.12 to US$67.42 per barrel on Tuesday, compared to US$69.94 per barrel the day before, said the Kuwait Petroleum Corporation on Wednesday.At the global level, ...

Australian petroleum company Woodside Energy Group is in negotiations with Kuwait Foreign Petroleum Exploration (Kufpec) to sell a stake in its Louisiana liquefied natural gas (LNG) project. Kufpec, ...

According to a statement from Azerbaijan’s Ministry of Foreign Affairs, Bayramov’s visit will feature key diplomatic ...

The value of Iran’s total iron and steel exports decreased by 13 percent, and the volume grew by 0.2 percent during the last ...

According to preliminary data from Rosnedra in 2024, this is 63.5 trillion cubic meters. The country ranks fifth in terms of oil reserves, with 31.4 billion tons in total. The largest Russian gas ...

What Drives the Price of Oil? Crude oil is extracted from underground oil reserves. In Brent crude oil’s instance, these reserves are under the seafloor, while WTI crude oil is extracted from reserves ...