Iraq is banking on improved relations with neighbouring Saudi Arabia to revive a four-decade-old pipeline that had carried Iraqi crude to the Red Sea away from the perilous Strait of Hormuz. Opec’s ...

Venezuela’s recent overhaul of its decades-old hydrocarbons laws could help revive oil production and improve transparency, though key legal and structural risks remain, economists and industry ...

The US has eased sanctions on Venezuela's central bank, allowing financial transactions with international banks. This move ...