Ronald Herrera remembered the prosperity that Puerto Cabello enjoyed decades ago as home to the El Palito refinery -- once a ...

If they want to start winning elections again, Democrats will have to reconnect with everyday Americans. A step in that ...

Venezuela’s legislature is debating a major overhaul of its oil sector, the first since Hugo Chávez's era. The proposed law aims to loosen state control, allowing private companies more freedom ...

The U.S. Energy Department is exploring the possibility of exchanging heavy Venezuelan crude oil for U.S. Two sources told Reuters on Friday that medium-sour crude oil would be used to replenish the ...

Peter Gratton, Ph.D., is a New Orleans-based editor and professor with over 20 years of experience in investing, risk management, and public policy. Peter began covering markets at Multex (Reuters) ...

As engine failures pile up, buyers are rethinking what reliability really means. Turbochargers, hybrids, and complex systems promise efficiency but often deliver expensive repairs. A small group of ...

President Trump on Friday called on top oil magnates to invest in new oil production projects in Venezuela as a deal with Caracas is around the corner, urging them to “rip out the old crap” and build ...

AUSTIN, Texas — It may be hard to believe that it all began in a tiny place called Gladys City, a few miles from Beaumont in southeast Texas. It was there that a man named Anthony Lucas had a hunch.

Subaru has long raced a BRZ-bodied car in the GT300 class of Japan's Super GT championship, a program that is set to continue into 2026. In the past, the car was powered by a four-cylinder engine like ...

1458 ET – Crude futures settle lower with U.S. benchmark WTI underperforming Brent as the U.S. said it will receive up to 50 million barrels of sanctioned Venezuelan crude and continue controlling ...

Venezuela's state-run petroleum company said Wednesday that it is in "negotiations" with the United States to sell Venezuelan oil to the U.S. Petróleos de Venezuela, S.A., or PDVSA, said in a ...