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

Oil prices held near six-month highs Friday, nudged by lingering U.S.-Iran tensions, though gains paused amid prospects of ...

The Railroad Commission of Texas (RRC) revealed its latest preliminary crude oil and natural gas production figures.

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.

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

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

Under the new law, the Venezuelan gov't can discretionally reduce taxes and royalties so that projects are “internationally competitive.” ...

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.

FILE PHOTO: People enjoy the ocean as an oil tanker is anchored near the El Palito refinery of Venezuelan state oil company ...

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

Imperial Oil has announced it's ending the production of oil in Norman Wells, a once massive oilfield in the Northwest ...