The Railroad Commission of Texas (RRC) revealed its latest preliminary crude oil and natural gas production figures.
The Southeast is bracing for another winter storm this weekend, which is expected to bring heavy snow, strong winds, and coastal erosion.
Crude oil futures ended little changed Friday but wrapped up their largest weekly gains since October, as the buildup of U.S.
The group of major oil producers known as OPEC+ will have to take oil flow uncertainty and an expected global supply surplus ...
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 ...
Despite U.S. pressure following Maduro’s capture, Venezuela’s severely degraded oil infrastructure, environmental damage, and massive capital needs are deterring energy majors from returning.
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 ...
OVERVIEW: Oil prices are on track for weekly gains of more than 6%, with Brent crude trading back above $70 a barrel as traders fear the U.S. could carry out strikes against Iran. A buildup of U.S.