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

Political instability in Iran, a major oil producer, together with US President Donald Trump's recent threats against the ...

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

The country’s oil industry has undergone major shifts and two waves of nationalization since its first well started pumping ...

U.S. action in Venezuela has renewed focus on the country’s vast oil reserves, heavy crude challenges, and the expropriations ...

Explore the differences between shale oil and conventional oil, including extraction costs and methods, and how these impact ...

Venezuela has the largest oil reserves of any country on Earth. But the type of oil it has is difficult, and dirty, to process. Experts say ramping up production would be expensive, and dangerous for ...

In a social media post on Tuesday, Trump said Venezuela would hand over 30 to 50 million barrels of oil to the U.S., which in ...

I don't think any large U.S. major company is going to want to invest without a series of guarantees,” one historian of ...

President Trump has said Venezuela "unilaterally seized and sold American oil." But the history between the countries is far ...

The country’s 300 bln barrels of viable reserves represent almost one-fifth of the world's total. Yet this figure is ...

A Canadian tycoon who heads one of North America's fastest-growing oil companies is advocating for his country to lend its ...