A U.S. court officer has selected miner Gold Reserve's$7.38 billion bid as the preliminary winner of an auction of shares in ...

A court-appointed special master recommended a bid backed by Gold Reserve and Koch over a rival hedge-fund offer.

When it comes to oil importers, the US and China are the top two. Despite having their own oil reserves, their huge energy ...

A U.S. court has completed a second bidding round in a auction of shares in the parent of Venezuela-owned Citgo Petroleumafter at least three consortia submitted revised bids in June, raising ...

After at least three consortia revised their bids in June and a U.S. Court completed the second round of bidding in an auction of shares of Citgo ...

A forest the size of North America would be needed to offset Big Oil’s reserves, study finds Eduardo Armenta, with North East Trees, plants a tree in the Imperial Gardens public housing in Watts ...

In terms of oil exports, yes. And this has already happened. Before the first round of economic and financial sanctions hit in 2017, the U.S. took almost 800,000 barrels per day from Venezuela.

Venezuela is preparing to raise gasoline prices by 50% as the government confronts a looming decline in oil revenue following the suspension of operations by Chevron (CVX) and other foreign energy ...

The last of the oil purchased by the Biden Administration to refill the U.S. Strategic Petroleum Reserve was pumped into massive underground storage caverns along the Gulf Coast last week ...

Venezuela has swiftly signed new oil agreements with Chinese and other foreign firms to replace departing U.S. service providers following the expiration of sanctions waivers.

Spain did not import any crude oil from Venezuela in April, ahead of a U.S. deadline in May for foreign operators to wind down operations in the South American country, official Spanish data ...

Spain did not import crude oil in Venezuela during April. This was ahead of the key deadline for sanctions set by President Donald Trump’s administration. The United States has revoked the permits of ...