Parliament on Thursday approved a reform of Venezuela's Hydrocarbons Law, tightened under socialist ex-leader Hugo Chavez in ...

The Southeast is bracing for another winter storm this weekend, which is expected to bring heavy snow, strong winds, and coastal erosion.

The pump price of Premium Motor Spirit (petrol) may rise to N1,000 per litre in the coming days due to the surge in crude oil ...

Crude oil futures ended little changed Friday but wrapped up their largest weekly gains since October, as the buildup of U.S.

Exxon Mobil maintains long-term interest in Venezuela despite Trump’s threat to keep the company out, while Chevron aims to hike its Venezuelan volumes without any additional capital influx.

Venezuela’s acting President Delcy Rodríguez on Thursday signed a law that opens the nation’s oil sector to privatization, ...

On January 27, BofA lifted its price target on Chevron Corporation (NYSE:CVX) to $188 from $180. It also kept a Buy rating on ...

Chevron could increase Venezuelan heavy crude flows in its U.S. refining system, Chief Executive Officer Mike Wirth said on the company's fourth-quarter 2025 earnings call Friday.

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

Nigeria lowered oil and gas signature bonuses to $3m–$7m from much higher past levels. The change applies to payments made before license awards in the current bidding round. The move comes as ...

America's two largest oil companies on Friday posted their smallest annual profits since 2021, pressured by a growing glut of ...

"Valero has engaged with the three authorized sellers and purchased barrels from all three," the company said in an email ...