Oil reserves News

Washington - The White House budget will be delivered to Congress on Tuesday, and as part of President Trump's plans to help balance the federal budget is a proposal to open the coastal plain (Area 1002) of Alaska’s Arctic National Wildlife Refuge to oil drilling.

Baghdad - The Iraqi Prime Minister Nouri Al-Maliki announced on Friday that he would gladly work on reconciling Iraq's relations with Turkey.

According to the United Nations, over 11,000 million drought-stricken people are in desperate need of aid. Located in two regions of southern Somalia, southern Bakool and Lower Shabelle, approximately 3.7 million people are in starvation crisis.

Gas prices are going up. We're paying nearly $4 a gallon. This affects my current lifestyle because I can no longer afford coffee.

On Saturday the 19th March 2011, hours after a cease fire was declared by the Gaddafi regime, a French aircraft carried out the first strike on an unknown Libyan vehicle, fulfilling its promise of US, British and French military intervention in Libya.

Caracas - When registration for the oil deposits in the Orinoco Belt comes to an end, Venezuela could take over Saudi Arabia as the world's largest holder of oil reserves. Venezuela would hold 316 billion barrels of oil compared to Saudi Arabia's 265 billion.