Politically connected Florida magnate Harry Sargeant III has made a fortune off oil and asphalt deals worldwide.

Venezuela's PDVSA has resumed importing light crude as its own production declines, causing export issues. A previous swap ...

Oil smuggling remains highly profitable despite sanctions on Russia, Iran, and Venezuela, which together produce about 16 ...

President Donald Trump has promised to lower prices and open up domestic energy production, but his recent tariff threats ...

flew to Caracas in November 2017 to meet with the Venezuelan president in hopes of cutting a deal to buy the country’s heavy crude oil for his new asphalt production company in New Jersey.

Venezuela’s oil production plunged by another 47,500 barrels per day (bpd) in June, compared to a month earlier. An exodus of workers and field shut downs were reported for the month ...

Prime Minister Dr Keith Rowley stressed that “geopolitics can work for you or against you” during his address at the Trinidad ...

PRIME MINISTER Dr Keith Rowley delivered what he said was possibly his final address at the Energy Conference yesterday, ...

Unless Western governments are ready to accept higher prices, Russia, Venezuela and Iran will continue to evade sanctions ...