Chevron enjoys unusual sway in socialist-led Venezuela, positioning the energy colossus to gain from whatever comes of the ...

Nicolás Maduro says his country is ready for combat, though the strongman’s military is underfunded, ill-trained and no match ...

Igor Isaev, doctor of technical sciences and head of analytics at Mind Money, dissects the shifting foundations of global ...

Shell plc SHEL, a London-based integrated oil and gas company, is strategically positioning itself to resume preliminary operations on the Dragon gas field offshore Venezuela, aiming to boost natural ...

HOUSTON, Sept 30 (Reuters) - Oil prices settled lower on Tuesday as investors braced for a supply surplus due to potential OPEC+ plans for a larger output hike next month and the resumption of oil ...

Russia’s oil production is falling due to war damage and Western sanctions. Hard-to-reach oil now makes up most of Russia’s remaining reserves. Sanctions blocked access to tech, gear, and skilled ...

Oil wells often dry up far earlier than predicted, leaving companies baffled about the “missing” reserves. A Penn State team tackled this puzzle by harnessing PSC’s Bridges-2 supercomputer, adding a ...

India told the Trump administration it won’t cut Russian oil unless allowed to buy from Iran and Venezuela. Indian officials warned that blocking all three sources would spike global oil prices. Trump ...

The United States wants to “steal” Venezuela’s oil reserves with the deployment of warships in the Caribbean, Nicaraguan President Daniel Ortega said Thursday. U.S. President Donald Trump deployed ...

Global oil demand is set to rise through 2030 amid weaker-than-expected efficiency gains, BP said on Thursday in its 2025 Energy Outlook, in which the supermajor ditches its forecast from last year ...

India has proposed to the US Administration that it could decrease its reliance on Russian crude oil if granted permission to purchase oil from Iran and Venezuela. Despite US pressure and increased ...

Indian officials again told the Trump administration that a significant reduction in Russian oil imports by the South Asian nation's refiners would require Washington to instead allow crude purchases ...