Venezuela’s acting President Delcy Rodríguez has signed a law that will open the nation’s oil sector to privatization.

Venezuelan lawmakers have approved a law change that will make it easier for foreign companies to take part in the country’s oil industry, in a move by Caracas to meet the demands of US President ...

Field pennycress could become a valuable winter crop, with benefits for both carbon storage and farm profitability.

The National Assembly approved the overhaul of the energy industry law less than a month after the brazen seizure of ...

In recent years, the World Economic Forum's discussions on energy have ‍centred on ways to boost lower-carbon policies. ​But ...

Discover how high prices and limited supply can lead to permanent demand reduction. Learn about demand destruction's impact ...

Heating oil is more expensive gasoline because of supply and demand. Gasoline has consistent demand while heating oil is ...

Abandoned oil and gas wells pose environmental and public health risks. For three decades, the state has mismanaged funds earmarked for minimizing the threat.

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

The companies that turn oil into gasoline and diesel are likely to benefit more, right away, than the businesses that pump oil out of the ground.

Ecopetrol (EC) faces mounting headwinds from low proven oil reserves, poor exploration success and regulatory headwinds in Colombia. EC's production is heavily reliant on mature, aging Colombian oil ...

Learn how the reserves-to-production ratio estimates the lifespan of natural resources. Discover its role in predicting resource availability and influencing investment.