Politically connected Florida magnate Harry Sargeant III has made a fortune off oil and asphalt deals worldwide.

Venezuela's state oil company PDVSA has resumed regular imports of light crude as its own output of medium and light grades ...

Congress had budgeted at least $690 million on pro-democracy programs this year to counter nations considered the world's least free.

Chevron Corporation CVX is currently in conversation with the Trump administration, which is reconsidering its license to operate in Venezuela. With this new policy, Chevron is in a challenging ...

Producing light crude, Bozhong 26-6 is expected to reach 22,300 barrels of oil equivalent a day in peak production this year.