As a result, we have to sell more than 90% of our oil exports and almost 100% of our natural gas exports to the U.S. at huge ...

Most of the country's oil is extra-heavy crude from the Orinoco Belt, which requires more energy to extract, transport and refine than lighter grades. The crude is also sour, meaning it contains high ...

The USGS found 1.6 billion barrels of new oil reserves in the Permian Basin. But the ‘massive’ discovery presents new ...

Oil major Shell and Japanese conglomerate Mitsubishi Corp are exploring sale options for their respective stakes in the C$40 ...

Harold Hamm, the billionaire wildcatter who helped kick off the US shale oil revolution, is once again making history. This ...

Harold Hamm, the billionaire wildcatter who helped kick off the US shale oil revolution, said he’s about to shut down ...

Venezuela has the largest share of oil reserves in the world but hasn't been producing or refining it. See the charts.

Petrobras PBR, Brazil's state-controlled oil and gas giant, recently marked a significant milestone in its ongoing efforts to revitalize the oil production capabilities. According to Reuters, as cited ...

There's renewed focus on the oil industry since the U.S. seized Venezuela's president. The benefits for Texas, which has many ...

Canadian Natural Resources Limited (CNQ) earns a Strong Buy rating, driven by low production costs, diversified assets, and ...

How much a stock's price changes over time is important for most investors, since price performance can both impact your ...

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