Crude prices are low. Companies are being cautious. But huge reserves — particularly of the heavy, viscous oil Venezuela has ...

Venezuela sits on 303 billion barrels of oil—more than Saudi Arabia. So why does it pump less than 1% of global supply? The ...

Refineries (at least those built by American companies) are designed with specific crude slates in mind, and the decisions ...

While any investment by US companies in rejuvenating Venezuelan oil production could take time, Gulf Coast refiners are well ...

President Donald Trump announces Venezuela will move 30-50 million barrels of oil worth $2.8 billion to U.S. after former ...

President Trump said "we're going to get the oil flowing the way it should be" after the surprise U.S. attack. Here's what to ...

OPEC+ decided to keep oil output unchanged through the first quarter, opting for stability as markets brace for a growing ...

At 7 a.m., the earth began to rumble. Suddenly, oil blew out of its well in a massive eruption that towered 200 feet in the air and sprayed the fearful villagers of La Rosa.

MEXICO CITY, March 26 (Reuters) - Crude oil exports by Mexican state energy company Pemex (PEMX.UL) grew 33% in February compared to January, recovering from a tumble the month before but still down ...

Chevron Corporation CVX, a Houston, TX-based integrated oil and gas company, has confirmed that the recent start-up of an offshore well led to zinc contamination in the Mars crude oil stream, ...

Brent crude oil fell over 2% to below $60 per barrel, its lowest level since May, due to rising hopes for a potential peace deal in the Russia-Ukraine conflict. The prospect of a peace agreement could ...