Oil executives and lawyers for international oil companies are lobbying the U.S. and Venezuelan governments for changes in ...

Crude prices are low. Companies are being cautious. But huge reserves — particularly of the heavy, viscous oil Venezuela has ...

The country’s oil industry has undergone major shifts and two waves of nationalization since its first well started pumping ...

Fully restoring Venezuelan production will take years, but some can be restored through maintenance, which would be low-cost ...

President Trump met with oil executives on Friday. Trump wants major investments in Venezuela. He announced a near-term plan ...

Coaxing US oil companies back to investing in Venezuela won’t be as easy as it seems to Donald Trump. President Donald ...

One thing President Donald Trump has consistently promised after the U.S. ouster of Venezuelan President Nicolás Maduro is private U.S. investment in the country’s underproductive oil fields.

The US oil industry faces a long road ahead in Venezuela, with multiple headwinds in a potential rebuild of the country's oil ...

After a regime change, history shows that the fight to control oil can turn bloody. No wonder U.S. companies hesitate to send ...

Rubio says Trump administration is "pretty certain" Western oil companies will return to Venezuela but wouldn't say if US ...

A small energy company operating a North Slope oil field has been ordered to pay a $357,905 fine for illegally flaring natural gas over a six-month period. The Alaska Oil and Gas Conservation ...

Despite the White House’s “drill, baby, drill” mantra, the business of providing equipment and services for the oil field is hardly booming these days. Now, oil-field service companies are going after ...