The private refiner, which used to be India's largest buyer of Russian oil, said on X that it has not received any Russian ...

President Donald Trump suggested the US may subsidize efforts by energy companies to rebuild Venezuela’s oil industry as his ...

Big oil firms will either "get reimbursed by us or through revenue," Trump told NBC News in an exclusive interview.

Most of the reserves in the country are extra-heavy oil that’s tough to extract and generates more greenhouse gases.

The two countries both produce heavy oil, which is difficult to refine, and have relied historically on American refineries ...

U.S. firms involved in the effort would face risks, León and Cinquegrana said. Chevron is currently the only U.S. oil firm ...

Petroleum giants Chevron, ConocoPhillips and ExxonMobil are planning to meet with the Trump administration later this week, ...

The Trump administration is counting on Big Oil to revive Venezuela's creaky energy sector. That's no sure bet, according to ...

The administration of President Donald Trump is planning to meet with executives from U.S. oil companies later this week to ...

Maduro’s capture on January 3 triggered a spike in stablecoin-to-bolívar rates, carrying broader implications for oil and ...

Venezuela sits on 303 billion barrels of oil—more than Saudi Arabia. So why does it pump less than 1% of global supply? The ...