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

U.S. shale producer Diamondback Energy on Monday flagged lower prices for its oil production in the fourth quarter, compared ...

Ramping up oil production in Venezuela after years of industry neglect will take time and bring only limited short-term gains ...

Venezuela claims the world’s largest oil reserves, but most of that oil is extra-heavy, expensive to produce, and highly ...

Diamondback Energy (FANG) said post-market Monday it received lower prices for its oil production in Q4 compared to the ...

Nearly 70% of U.S. refining capacity runs most efficiently with heavier crude, which is why 90% of U.S. oil imports are heavy ...

Tony Elumelu's Heirs Energies has doubled crude oil production, increased gas output and power generation and reactivated ...

U.S. October oil production increased by 31 kb/d to 13,870 kb/d, another new record high. The largest increases came from the ...

Experts warn that the U.S. push to revamp and boost Venezuela’s vast oil reserves could worsen decades of ecological damage ...

According to the Organization of Petroleum Exporting Countries (OPEC), Venezuela has over 300 billion barrels of oil. The ...

Billionaire oil magnate Harold Hamm has ceased drilling operations in North Dakota’s Bakken shale, citing low margins as oil ...

Energy experts say Venezuela’s infrastructure challenges make major production increases a long-term issue, not an immediate ...