President Trump has set his sights on Venezuelan oil, but there are many economic and political obstacles to significantly ...

Venezuela’s current oil production infrastructure “has been held together by string and gum,” said Fernando Valle at Hedgeye ...

Nearly 70% of U.S. refining capacity runs most efficiently with heavier crude, which is why 90% of U.S. oil imports are heavy ...

Despite claims of holding the world’s largest oil reserves, Venezuela’s resources are overwhelmingly extra heavy crude that ...

Billionaire oil magnate Harold Hamm has ceased drilling operations in North Dakota’s Bakken shale, citing low margins as oil ...

Environmental experts warn that U.S. plans under President Trump to restart and control Venezuelan oil exports could ...

U.S. October oil production increased by 31 kb/d to 13,870 kb/d, another new record high. The largest increases came from the GOM and New Mexico, offset by a Texas drop. November production is ...

Debate is raging over whether President Donald Trump’s plan to reboot Venezuela's oil production will succeed. While fans ...

EIA's Short-Term Energy Outlook forecasts WTI will average $52 in 2026 as low prices weigh down oil production.

According to the Organization of Petroleum Exporting Countries (OPEC), Venezuela has over 300 billion barrels of oil. The ...

Energy experts say Venezuela’s infrastructure challenges make major production increases a long-term issue, not an immediate ...

Tony Elumelu's Heirs Energies has doubled crude oil production, increased gas output and power generation and reactivated ...