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

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 ...

Oilfield services and refiners face short-term volatility, but structural demand supports a cautiously constructive outlook ...

China is welcome to come in and will make a great deal on oil,” Trump told reporters during a flight to Mar-a-Lago on Air Force One. “India’s coming in and they’re going to be buying Venezuelan oil, ...

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

The industry has long prioritized projects with quick and reliable payback. Trump is pushing for a return to risk.

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