Following the U.S. capture of former President Nicolás Maduro earlier this month, the Trump administration has ramped up ...

Years of discipline have made companies such as Halliburton and SLB lean and efficient.

Jan 22 (Reuters) - A sweeping proposed reform of Venezuela's hydrocarbons law would allow foreign and local companies to ...

Oil analysts say the reform would help foreign companies already in Venezuela, but falls short of President Trump’s plans to ...

Venezuela claims the world’s largest oil reserves, but most of that oil is extra-heavy, expensive to produce, and highly ...

Venezuela's official 300 billion barrels of proven oil reserves is largely the result of reclassification and political ...

Despite geopolitical upheaval, sanctions, and military action, this South American state's proven oil reserves remain ...

Oil prices increased by 0.5% due to force majeure at Kazakh oil fields and a slowdown in Venezuelan oil exports. Brent crude traded at $65.24, while WTI reached $60.62. OPEC+ production cuts and ...

Satellite images shared with Upstream show a series of Venezuela oil and gas facilities emitting large volumes of methane ...

By Jean Ambrose I write this column not as a historian or a policy expert, but as someone who lives in a region that has been ...

The proposed changes to the countrys landmark hydrocarbon law would loosen the role of state-run Petroleos de Venezuela SA, ...

Today, Texas produces 5.7 million barrels of oil per day, the largest producing state ahead of North Dakota. This growth ...