Today, science can narrow down potential oil reserves with surprising accuracy — especially when it comes to shale oil, found ...

The impact of Maduro's capture by the US military on global oil prices is likely to depend on how the situation in Venezuela evolves over the next few months.

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

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

Ramping up Venezuelan production could take 5-10 years, experts tell Just the News. Infrastructure mismanaged under years of ...

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 know about Venezuela's oil sector.

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

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 ...

Venezuela is home to the largest proven oil reserve on Earth, but its potential far outweighs its actual output.

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

Texas-based oil companies have largely been silent on Trump’s assertion that they would help to rebuild Venezuela’s oil ...

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