Anyone who drives a car understands the sting of having to fill up their tank and pulling into the gas station, only to ...

Resurgent global interest suggests that Nigeria’s oil industry may be emerging from a slump that had seen production drop to a two-decade low in 2022. Yet foreign firms are no longer the main players.

Venezuelan oil reserves are vast but underinvested, and their heavy, sour crude is challenging to refine, limiting near-term ...

Saudi Aramco and Commonwealth LNG have signed a long-term contract for the U.S. LNG developer to supply the world's largest oil exporter with 1 million metric tonnes per annum (mtpa), three people ...

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

A new TPAO–Exxon MoU spans the Black Sea and Mediterranean. The barrels may come later; the strategic signal is Turkey’s ...

Venezuela’s heavy crude is expensive to extract, it will take years of sustained investment to meaningfully lift output, and it may not even be profitable at current prices. The current aggression is ...

In today’s newsletter: Minneapolis woman is shot dead by an ICE officer. The U.S. seizes a Russian-flagged oil tanker that ...

The world’s largest crude reserves look like a geopolitical prize. But climate experts warn that tapping them at scale would ...

IF YOU WERE HOPING the hands-on U.S. involvement in Venezuela’s politics and economy might end quickly, think again: The ...

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 ...

At 7 a.m., the earth began to rumble. Suddenly, oil blew out of its well in a massive eruption that towered 200 feet in the air and sprayed the fearful villagers of La Rosa.