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Venezuela’s acting President Delcy Rodríguez has signed a law that will open the nation’s oil sector to privatization.

Lawmakers approved in a final vote on Thursday a sweeping reform of Venezuela's main oil law after sweetening a proposal by ...

Most of the reserves in the country are extra-heavy oil that’s tough to extract and generates more greenhouse gases. By Lisa Friedman Reporting from Washington Venezuela’s oil reserves, thought to be ...

Bitcoin mining electricity costs could fall if Venezuelan oil production increases, though it may take several years before the benefits are fully realized, Bitfinex analysts say. US companies moving ...

The China National Offshore Oil Corporation (CNOOC) announced on Tuesday that its offshore gas field cluster surrounding Hainan Island had extracted a cumulative oil and gas equivalent output ...

The UK Government will allow extraction of oil and gas near existing fields as it looks to expand North Sea production without issuing new licences. Labour was adamant in the 2024 election campaign ...

If you've handled plenty of DIY jobs on your car, changing the oil seems simple enough. Still, it's easy to overdo it and wind up with too much in the crankcase. If you change your oil while parked on ...

A researcher from Edith Cowan University (ECU) has pioneered an innovative essential oil extraction process that could cut costs and increase yields. Essential oils are used in a range of industries, ...

Hydraulic fracturing is a completion technique that pumps high-pressure fluid and proppant into a low-permeability reservoir to create and prop open fractures, increasing flow paths so oil can move to ...

Trees covered in oil after a spill in Ojital Viejo, Mexico. According to experts, it will be years until food grown in the affected area is safe for consumption.Credit... Supported by By Omar Lázaro ...

Mark Ireland has previously received funding from companies with fossil fuel interests. “We are going to get all our oil and gas out of the North Sea”, Conservative Party leader Kemi Badenoch said ...