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.

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 ...

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

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 ...

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 ...

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.

A firm controlled by a businessman tied to a seized tanker carrying Venezuelan oil has sold millions of barrels from a Chevron-operated oil field. By Anatoly Kurmanaev and Tyler Pager Reporting from ...

Suncor Energy has laid out an ambitious production and capital plan for 2026, forecasting a meaningful jump in oil and gas output as efficiencies improve across its oilsands and downstream assets. The ...