GOA, India, Jan 27 (Reuters) - India's state-run Hindustan Petroleum Corp Ltd is seeking Venezuelan crude for the first time ...

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

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?

The US capture of Venezuelan leader Maduro was a result of goals related to oil reserves, geopolitics, Chinese presence, and ...

Venezuela claims the world’s largest oil reserves, but most of that oil is extra-heavy, expensive to produce, and highly ...

US naphtha has begun arriving in Venezuelan waters, marking an early and telling step in efforts to restart the country’s ...

The highly complex refineries located on the U.S. Gulf Coast could resume processing heavy Venezuelan crude oil in the years following the capture of President Nicolás Maduro, possibly pushing out ...

The Narwhal examines how U.S. actions in Venezuela could impact Canada's oil market, highlighting concerns over pricing and production dynamics.

Trio Petroleum Corp. has closed its acquisition of certain petroleum and natural gas properties held by Novacor Exploration Ltd. in the prolific heavy oil region of Lloydminster, Saskatchewan. Trio ...

A key driver of U.S. refiners’ profitability — the ability to buy heavy crude at cheap prices — is set to improve in the second half of the year as Canadian and Middle Eastern production rebounds.

Brazil’s heavy and extra-heavy oil—from mature offshore hubs in the Campos Basin to onshore clusters in Rio Grande do Norte and Bahia—continues to reinforce national energy self-sufficiency. Advances ...

The current supply-demand situation for crude oil shows a market that is well supplied. So well supplied in fact, that oil prices have sunk below $60 per barrel. But this fact highlights a distinction ...