Chevron CEO Mike Wirth said on Friday the U.S. oil major can process an additional 100,000 barrels per day of Venezuelan ...

Trinidad and Tobago is in talks with Indian Oil Corp to restart its mothballed 165,000-barrel-per-day Guaracara oil refinery, ...

Chevron (CVX) said total net oil-equivalent production in the fourth quarter increased 20.7% from the same period a year ago, and was up 12% for the year to hit record levels. Exxon (XOM) said it had ...

One of China’s largest regular buyers of Venezuelan crude is making bids for Canadian cargoes as a replacement, after US intervention in the Latin American country upended global flows and lifted ...

Crude imports hit record highs, with December stockpiling estimated at 2.67 million bpd—the fastest pace since 2020—as ...

Dangote Refinery is now processing lighter crude oil to maintain production as its key Residual Fluid Catalytic Cracker (RFCC ...

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) ...

Capital Link panellists said sustained six-figure day rates, sanctions-linked inefficiency and ageing fleets support earnings into 2026 In a Capital Link shipping sector webinar series discussion on ...

Energy Secretary Chris Wright said on Wednesday the Trump administration will oversee the sale of Venezuelan oil and control the proceeds under a new export plan designed to get crude flowing again ...

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 ...