While not officially taking over Chevron’s assets, Chinese companies like China Concord Petroleum and Anhui Guangda Mining are signing secretive production-sharing deals to operate oil fields ...

Venezuelan President Nicolás Maduro received five delegates from the Communist Party of China (CPC) at the Miraflores Palace ...

The eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in ...

U.S. oil companies are shifting investments south. Exxon and Chevron have piled into the Foz do Amazonas basin—part of the ...

Venezuela has opened the first Kalashnikov ammunition plant in the Americas, reflecting its ongoing defense ties with Russia.

Ecuador’s state oil company, Petroecuador, has declared force majeure on its operations after both major crude pipelines, ...

For many resource-rich nations, the ultimate aspiration is to transcend the cyclical trap of the “resource curse,” a paradox ...

In an appearance on Fox Business on Wednesday, Trump’s agriculture chief, Brooke Rollins, revealed that the administration ...

Agriculture Secretary Brooke Rollins says the administration is still trying to come up with a solution to the problem posed ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

Between October 12, 1492, and the end of the second millennium, Western expansionism had a major influence on the global ...