World oil output without the US increased by 692 kb/d to 68,304 kb/d. November’s production is expected to increase by 238 kb ...

Mexico plans to boost its crude oil reserves to ensure it has enough for at least a decade of consumption, the chief executive officer of state energy company Pemex, Victor Rodriguez, said on ...

BP plans to add six new wells to its operation in Azerbaijan's Shah Deniz gas field in the Caspian Sea to ensure stable ...

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

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

In a significant move to attract foreign investment, Nigeria has opened up its mining sector to Venezuelan investors as the discussions took center stage on the sidelines of the ongoing Mining Indaba ...

PDVSA exported only 10,000 barrels per day to Cuba in the first month of the year, 65% less than in December 2024.

Representative Mike Haridopolos (R-FL) released a statement in response to the Protecting American Energy Production Act passing the House of Representatives, s ...

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

The commune as both an end and a means in Venezuela’s socialist project and the dialectics between government and popular power.

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

Chevron Corporation CVX is currently in conversation with the Trump administration, which is reconsidering its license to operate in Venezuela. With this new policy, Chevron is in a challenging ...