Rebuilding Venezuela’s oil sector would be a long-cycle, capital-intensive process, not a rapid production restart.

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

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 ...

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 ...

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 ...

It would take time and billions of dollars to fix Venezuela's oil infrastructure U.S. Treasury Secretary Scott Bessent announced new sanctions on Venezuela this week. Regime change in Venezuela would ...

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 ...

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 ...

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 ...