President Donald Trump said U.S. oil companies will invest billions to upgrade the country's aging oil infrastructure.

Venezuela exports oil to China aboard so-called ghost ships that disguise the oil’s origins to avoid sanctions. China buys ...

President Trump said "we're going to get the oil flowing the way it should be" after the surprise U.S. attack. Here's what to ...

Venezuela claims to have more than 300 billion barrels in the ground, but it is only producing about one million barrels a day.

President Donald Trump on Saturday said the US would take control of Venezuela’s massive oil reserves and recruit ...

The impact of Maduro's capture by the US military on global oil prices is likely to depend on how the situation in Venezuela ...

Suriname’s long-awaited offshore oil boom, anchored by TotalEnergies’ GranMorgu project, promises economic relief but faces ...

The Energy Information Administration forecasts US oil production will decline by 100,000 barrels per day in 2026.

Anthony Palumbo and Charles Goulding analyze how Saudi Aramco’s US$30 billion-plus U.S. partnership framework signals a ...

Norway's government agreed to establish a national "transition commission" to explore what the country's post-oil economy ...

Venezuela is home to the largest proven oil reserve on Earth, but its potential far outweighs its actual output.