The group of major oil producers known as OPEC+ will have to take oil flow uncertainty and an expected global supply surplus ...

Exxon maintains long-term interest in Venezuela despite Trump's threat to keep the company out, while Chevron aims to hike ...

India’s mission to blend gasoline with biofuels in a bid to cut carbon emissions as well as save billions of dollars on ...

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

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 ...

ExxonMobil and Chevron said Friday that they were awaiting signs of greater fiscal and legal stability in Venezuela before ...

Oil futures slipped amid signs of willingness on the part of the U.S. and Iran to hold talks. For the week, futures posted ...

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 ...

Chevron said it sees a 50% increase in its current Venezuelan output over the next two years, while Exxon left Venezuela out of its official 2030 plans completely.

The move by the Treasury’s Office of Foreign Assets Control authorizes U.S. companies to buy, sell, transport, store and refine Venezuelan crude oil, but does not lift existing U.S. sanctions on ...

Venezuela approved a new law opening the nation’s oil sector to private companies again, giving foreign companies more ...