Note: Data shows estimates of proven oil reserves for 2025. Source: Oil & Gas Journal. The New York Times By Stanley Reed Reporting from London Venezuela’s oil industry would “make a lot of money” ...

US to remove some sanctions to allow it to keep selling country’s supplies after laying claim to blockaded crude US seizes Russian-flagged oil tanker after two-week pursuit Explainer: why so much ...

Jan 6 (Reuters) - Venezuela will be "turning over" 30 to 50 million barrels of sanctioned oil to the United States, President Donald Trump said on Tuesday in the aftermath of the toppling of Nicolas ...

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. Nigeria’s state-owned oil and gas company NNPC this week reported crude oil ...

American energy firms have yet to say whether they plan to return to Venezuela to resurrect an oil industry hollowed out by years of neglect. Chevron, the only U.S. energy titan operating in Venezuela ...

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 ...

President Donald Trump said Saturday that the removal of Venezuela President Nicolás Maduro from power will open the door to the country’s vast oil reserves, a move that has the potential to reshape ...

Donald Trump has vowed to tap into Venezuela's oil reserves after seizing President Nicolás Maduro and saying the US will "run" the country until a "safe" transition. The US president wants American ...

Following last weekend's capture of Venezuelan President Nicolás Maduro and his wife, President Trump said that American oil companies would play a key role in reviving Venezuela's languishing oil ...

We may receive a commission on purchases made from links. Arguably, one of the biggest mistakes you want to avoid as a ...

Hours after the U.S. military captured Venezuelan president Nicolás Maduro, President Trump made it clear that the U.S. operation is about — at least in part — control of Venezuela's oil. "We're going ...