Explore the differences between shale oil and conventional oil, including extraction costs and methods, and how these impact ...

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

Venezuela sits on 303 billion barrels of oil—more than Saudi Arabia. So why does it pump less than 1% of global supply? The answer involves nationalizations, sanctions and crude that's harder to ...

U.S. action in Venezuela has renewed focus on the country’s vast oil reserves, heavy crude challenges, and the expropriations ...

Venezuela’s oil industry has been in the spotlight since President Donald Trump captured the country’s President Nicolas ...

At-a-Glance: After separation and stabilization, crude oil is stored in engineered tanks (onshore tank batteries, terminals, or offshore FPSO/FSO tanks) and moved via pipeline, marine tankers/barges, ...

Donald Trump, by dramatically seizing Nicolás Maduro and claiming dominion over Venezuela ’s vast oil reserves, has taken his ...

Political instability in Iran, a major oil producer, together with US President Donald Trump's recent threats against the ...

MOSCOW. Jan 13 (Interfax) - The average December 2025 price of Urals crude for calculating mineral extraction tax on oil is $39.18 per barrel, the Russian Economic Development Ministry said. This ...

Chevron is the only American major currently operating in Venezuela. Conoco has been seeking billions for the takeover of ...

President Trump said "we're going to get the oil flowing the way it should be" after the surprise U.S. attack. Here's what to know about Venezuela's oil sector.