Rebuilding Venezuela’s oil sector would be a long-cycle, capital-intensive process, not a rapid production restart.

By Sheila Dang HOUSTON, Jan 30 (Reuters) - U.S. oil majors Exxon Mobil and Chevron offered investors a few pieces of new ...

NUPRC opens 50 Nigeria oil blocks for bidding in its 2025 licensing round, seeking technically and financially strong firms ...

The NUPRC has opened 50 oil blocks across five basins for the 2025 licensing round, targeting technically strong firms and ...

The Narwhal reports on Canada's carbon capture efforts, discussing the trade-offs between emissions reduction and oil extraction expansion.

Environmental experts warn that U.S. plans under President Trump to restart and control Venezuelan oil exports could intensify pollution, greenhouse gas emissions and ecological damage in a country al ...

U.S. President Donald Trump has taken the first formal step toward reopening offshore oil and gas leasing off California ...

Nigerian Upstream Petroleum Regulatory Commission prioritises technical and financial capacity, pegs one-off signature ...

Pemex, burdened with significant debt, financial and operational constraints, now faces competition from Venezuelan oil.

GUYANA is emerging as a far more attractive destination for energy investment than neighbouring Venezuela, according to United States (U.S.) politician, Marco ...

Companies that already have operations in the country stand to benefit, but those that have profited from a standoff between Caracas and Washington could lose out.

President Trump has set his sights on Venezuelan oil, but there are many economic and political obstacles to significantly ramping up the country’s oil production.