Oil executives looking for the next massive source of petroleum have turned toward the Arctic for decades. Studies by the US government suggest the area above the Arctic Circle could hold as many as ...

Dec 29 (Reuters) - Frontera Energy's (FEC.TO), opens new tab Colombian unit has signed a prepayment and commercial agreement worth up to $120 million with a unit of U.S. oil major Chevron (CVX.N), ...

Crude oil stockpiles, reserves of unrefined petroleum, help stabilize oil supply and demand. Explore their impact, how they're measured, and why they matter.

Most of the reserves in the country are extra-heavy oil that’s tough to extract and generates more greenhouse gases. By Lisa Friedman Reporting from Washington Venezuela’s oil reserves, thought to be ...

HOUSTON, Jan 5 (Reuters) - Oil prices settled up $1 a barrel on Monday as traders assessed the possible impact on crude flows from Venezuela, home to the world's largest oil reserves, following the ...

Oil prices edged lower in early Asian trading on Tuesday as markets weighed the possibility of higher Venezuelan crude output, reinforcing expectations of ample global supply amid weak demand. Brent ...

The overthrow of President Nicolás Maduro could pave the way for Exxon Mobil and ConocoPhillips to recover assets that were seized by Venezuela in a 2007 nationalization. Chevron, which is the only ...

President Trump said U.S. oil companies would spend billions of dollars in Venezuela to fix its oil infrastructure after the U.S. captured Venezuelan President Nicolás Maduro. Photo: Jonathan ...

President Donald Trump on Saturday said the US would take control of Venezuela’s massive oil reserves and recruit American companies to invest billions of dollars to refurbish the country’s gutted oil ...

You’re reading The Financial Page, John Cassidy’s weekly column on economics and politics. Watching Donald Trump’s press conference at Mar-a-Lago on Saturday, in which he said that the U.S. would “run ...

President Donald Trump's plan to take control of Venezuela's oil industry and ask American companies to revitalise it after capturing President Nicolas Maduro in a raid isn't likely to have a ...

Oil prices inched higher in early Asian trading on January 2, the first trading session of 2026, as geopolitical tensions continued to provide support after the major benchmarks posted their steepest ...