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

The Trump administration claims the first phase of US dominance over Venezuela's oil reserves is underway.

Venezuela's acting president signs law ending state oil monopoly, reversing decades of socialist policy to allow private ...

The state typically issues exemptions only in cases of emergency, or when a company is drilling test wells and capturing gas isn’t feasible.

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.

Exxon Mobil's topped most expectations in the fourth quarter as the energy giant reported solid production in the Permian ...

Chevron is the only U.S. oil major operating in Venezuela through a special license issued by the Treasury Department.

The Narwhal reports on Canada's carbon capture efforts, discussing the trade-offs between emissions reduction and oil ...

Venezuela's National Assembly has OK'd easing oil sector regulations, seeking to attract private and foreign investment in the nation's main industry.

U.S. oil and minerals companies might face extreme political risk and organized crime if they were to set foot in Venezuela after Nicolas Maduro's capture.

Iran tensions push oil up 11% and threaten the Strait of Hormuz (20% of global supply). Click for this overview of the sector and factors influencing oil prices.