Most of the reserves in the country are extra-heavy oil that’s tough to extract and generates more greenhouse gases.

Explore the differences between shale oil and conventional oil, including extraction costs and methods, and how these impact ...

President Trump has said Venezuela "unilaterally seized and sold American oil." But the history between the countries is far ...

This video explains how to make mango jelly using ripe mangoes and gelatin. Smooth, fruity, and refreshing. Ingredients: Ripe ...

U.S. refiner Phillips 66 said on Monday it had agreed to acquire the assets and infrastructure of Lindsey Oil Refinery in ...

As U.S. President Donald Trump moves quickly to put together a $100 billion effort to revive Venezuela's oil industry, the ...

Global crude oil prices surged more than 2% early on Wednesday, after President Donald Trump ordered a blockade of all “sanctioned oil tankers” entering and leaving Venezuela. Trump announced a ...

Venezuela’s oil industry has been in the spotlight since President Donald Trump captured the country’s President Nicolas ...

After 15 years in limbo, the Sea Lion oil project reached FID on December 10, unlocking 315 Mbbls of recoverable oil and a 50,000 b/d deepwater development targeting first oil in 2028. Israel’s ...

When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works. I should say, I'm using the term "release date" loosely here, as we don't actually have a ...

Chevron CVX-4.46%decrease; red down pointing triangle stands as one of the last big shippers of Venezuelan oil after the U.S. seized a sanctioned tanker last week allegedly carrying the country’s ...

Oil exports, the country’s financial lifeblood, have plummeted after the United States took action against three ships that have been used to carry its crude. By Anatoly Kurmanaev and Rebecca F.