Most of the reserves in the country are extra-heavy oil that’s tough to extract and generates more greenhouse gases.

As U.S. President Donald Trump moves quickly to put together a $100 billion effort to revive Venezuela's oil industry, the ...

Environmental experts warn that U.S. plans under President Donald Trump to restart and control Venezuelan oil exports could ...

In its second attempt at passing a Republican-only policy bill, the biggest House GOP caucus is considering filling U.S.

Abandoned oil and gas wells pose environmental and public health risks. For three decades, the state has mismanaged funds earmarked for minimizing the threat.

The ASX climbed on Monday morning, as Light & Wonder broke free from its lawsuit. Meanwhile, oil stocks have surged on Iran ...

The Federal Government has warned prospective investors in the 2025 oil licensing round that any errors, miscalculations, or ...

US plans to open Venezuela’s vast oil reserves could eventually lower global energy costs and improve profitability for ...

Shell has relaunched a tender for an FPSO for Bonga South West-Aparo The project targets output of about 150,000 barrels per day It signals renewed interest in Nigeria’s deepwater oil assets After ...

Jan 5 (Reuters) - Following are key facts about the oil and mining sectors of Venezuela, whose President Nicolas Maduro was captured by U.S. forces on Saturday. Venezuela has the world's largest ...

Crude oil stockpiles, reserves of unrefined petroleum, help stabilize oil supply and demand. Explore their impact, how ...

U.S. crude oil inventories rose in the week ended Dec. 19 amid a drop in exports and lower refinery runs, according to data released Monday by the U.S. Energy Information Administration. Commercial ...