A revitalized Venezuelan oil industry could lift production from 800,000 barrels daily back to its peak of 3 million, but the ...

The inclusion of WTI Midland in the Brent basket has highlighted the growing importance of NYMEX WTI in the global oil market. Read more here.

A discussion of the US oil and gas industry, focusing on its history, growth, and industry segments. Save valuable time and ...

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

Washington pushes a U.S.-directed revival to rewire PDVSA, reshape investment rules, and pull the country out of Russia and ...

The gradual return of Venezuelan heavy crude to global markets reflects a long-term U.S. strategy to support Gulf Coast ...

The Trump administration says it has completed the first sale of Venezuelan oil to the U.S. Will it mean lower prices at the pump?

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 ...

Some 45 years ago, I worked for Oil Buyers’ Guide, a Lakewood-based publication that extensively covered world oil markets. Each summer, the company would invite scores of oil executives to come ...

The Trump administration aims to boost U.S. energy supply from Venezuela, but major companies remain wary of investing.

Trinidad and Tobago is in talks with Indian Oil Corp to restart its mothballed 165,000-barrel-per-day Guaracara oil refinery, ...