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.

YINZHOU DISTRICT, NINGBO CITY, ZHEJIANG, CHINA, January 21, 2026 /EINPresswire.com/ -- In the fast-evolving world of ...

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

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.

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.

Venezuela’s National Assembly has passed a landmark reform to its hydrocarbons law, marking a significant shift toward ...

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

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