Chevron is the only U.S. oil major operating in Venezuela through a special license issued by the Treasury Department.

ExxonMobil CEO Darren Woods in a CNBC interview stood by comments on Venezuela's oil industry that angered President Donald ...

Supermajor to focus on boosting production from existing operations rather than fast-track expansion, says finance chief ...

RCP Washington editor Carl Cannon explained why American energy companies might be skeptical to invest in Venezuela when the ...

A proposed reform of Venezuela's oil law is enough to encourage companies working in the country to expand and for some new entrants to begin investing, but deeper reforms would be necessary to ...

The price of oil is way off of recent-year highs. A barrel of West Texas Intermediate (WTI) crude hit $120 in June 2022.

Venezuela's interim President Delcy Rodriguez said on Monday the country expects about $1.4 billion in investment this year ...

Warren Buffett remains chairman of Berkshire Hathaway's board but relinquished the role of CEO at the end of last year.

Guyana and Venezuela share the same oil basin, but vastly different outcomes. This investor-focused analysis shows why institutions—not reserves—drive energy success.

He added that the US is working with India on a deal to purchase Venezuelan oil. Read more at straitstimes.com. Read more at ...

The reform will undoubtedly be the signature policy of Delcy Rodríguez’s government as it positions the long-crippled oil ...