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

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

Chevron and Exxon Mobil reported fourth-quarter earnings before Friday's stock market open.

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

On January 27, BofA lifted its price target on Chevron Corporation (NYSE:CVX) to $188 from $180. It also kept a Buy rating on ...

A multimillion-barrel oil glut weighed on results at industry giants Exxon Mobil ( XOM) and Chevron ( CVX) in 2025, with both ...

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

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 total number of active drilling rigs for oil and gas in the United States rose by 2 this week, according to new data that Baker Hughes published on Friday ...

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

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

Part of the challenge for the Trump administration is that it is pushing oil companies back to Venezuela at a time when low ...