Wildcat drilling involves high-risk oil and natural gas exploration in unproven areas. Learn how it works, the potential ...

Venezuela sits on 303 billion barrels of oil—more than Saudi Arabia. So why does it pump less than 1% of global supply? The answer involves nationalizations, sanctions and crude that's harder to ...

FPSO (Floating Production, Storage, and Offloading) vessels are floating facilities that receive well fluids, process them to export-spec crude and gas, store stabilized crude, and offload to shuttle ...

If you thought the first weekend of the new year would be restful from an international news perspective, you, dear reader, were sorely mistaken: On Jan. 3, U.S. President Donald Trump announced the ...

BOGOTA, Colombia (AP) — Environmental experts are warning that the U.S. push to revamp and boost Venezuela’s vast oil reserves could worsen decades of ecological damage and increase planet-warming ...

Venezuelan President Nicolás Maduro has been captured and flown out of the country following a largescale US strike on Caracas, leaving behind uncertainty for the country – and its massive oil ...

The Pikka oil project that has sparked industry interest in Alaska’s North Slope oil fields will begin production in a matter of months, a representative of the project said. The first molecules of ...

The Permian basin's massive oil production from hydraulic fracturing generates huge amounts of wastewater, and the industry is running out of safe places to dispose of it. The Texas Railroad ...

Gov. Gavin Newsom (D-CA) on Friday signed sweeping climate and energy legislation aimed at reducing emissions, lowering energy costs, and increasing oil production. The legislation passed last week ...

Environmental experts warn that U.S. plans under President Trump to restart and control Venezuelan oil exports could intensify pollution, greenhouse gas emissions and ecological damage in a country al ...