Venezuela holds the world's largest proven oil reserves, surpassing Saudi Arabia with around 303 billion barrels of crude oil ...

Saudi Arabia’s oil use for power generation fell by around 270,000 b/d in mid-2025, signaling early success in its plan to eliminate 1 million b/d of domestic oil consumption by 2030. The Jafurah gas ...

Jafurah is projected to deliver up to 2 Bscfd of gas by 2030, yet that would only displace roughly 334,000 bpd of oil ...

Here’s a look at crude oil reserves and production around the world. Facts Crude oil is a form of liquid petroleum, extracted ...