Parliament is set to approve or reject the commercialisation plan for the Turkana oilfields by the end of next month, as ...

Valero Energy Corporation (NYSE:VLO) soared to an all-time high on January 8 as investors recognized the company to be among ...

Wall Street is reacting to "core" CPI coming in below expectations against a backdrop of local and foreign political ...

Political chaos, sanctions and technical mismanagement of the oil industry may have taken a heavy toll on the industry.

The 2026 Global Energy Outlook from Enverus foresees a year dominated by geopolitical shifts, price pressures and strained ...

Venezuela’s oil is mostly extra-heavy crude from the Orinoco Belt, with breakeven costs above $80 per barrel—making it uneconomic at current prices and far less attractive than other heavy oil sources ...

GasBuddy petroleum analyst Patrick De Haan talks about the potential impacts of the Venezuela oil situation on gas prices for ...

Companies that already have operations in the country stand to benefit, but those that have profited from a standoff between ...

Iran tensions swung the spotlight away from former Venezuelan President Nicolás Maduro to Iran's Supreme Leader Ayatollah Ali ...

If the US secures access to Venezuela’s vast oil reserves, around 40% of global supply could fall within Washington’s ...

Over a decade after Louisiana parishes filed suit, Chevron and Exxon appeared to make headway moving their case to federal court.

Gulf equities and oil futures were mixed in early Monday trading as markets weighed fresh legal proceedings against Federal Reserve Chair Jerome Powell ...