Country with largest oil reserves in the world can’t provide rudimentary service. It is said Benito Mussolini, Italy’s former socialist turned fascist, made the trains run on time. But his modern day counterpart, Nicholas Maduro, can’t keep the lights on in Venezuela. The South American country was pitched into darkness for a second time this year as a power outage struck the oil-rich country.... 

An Australian company claims it has found an untapped shale oil field with estimated reserves that could potentially put the country next to remarkably oil-rich Saudi Arabia. Still, extracting the discovered treasure poses a huge technical challenge. ­Brisbane-based company Linc Energy has presented two estimates by respected independent consultants claiming that drilling and seismic exploration... 

Venezuela says its oil reserves surpass Saudi Arabia's. Venezuela has overtaken Saudi Arabia as the world leader in oil reserves with certified deposits leaping to 297 billion barrels at the end of 2010, President Hugo Chavez’s government said Saturday. Energy Minister Rafael Ramirez told Reuters that the new reserves, which pushed the total 41 percent higher than the previous year, were... 

Field Marshal Erwin Rommel The legendary German Field Marshal Erwin Rommel once wrote: “The battle is fought and decided by the quartermasters before the shooting begins.”. Students of military history tend to pay lip service to the importance of logistics, preferring to read about tanks and artillery, mass and maneuver, attack and counterattack. The reasons for that bias are easy to understand....