The country is currently producing more than 1.2 million barrels a day, Chris Wright said at Semafor World Economy.

US oil giant Chevron and the government of Venezuela signed two deals Monday that will expand oil production in the country, ...

The Minerva Gloria is docked at a wharf in the Mississippi Sound, not far from the US's vast oil reserves in the Gulf of ...

Venezuela on Thursday threw open the country's vast mineral reserves to private investment, less than three months after ...

Energy companies evaluating whether to invest in Venezuela are waiting for the OPEC nation's oil ministry to release contract ...

Oil prices (CL=F, BZ=F) have surged back above $100 per barrel after the reported collapse in US-Iran negotiations over the ...

ConocoPhillips has dispatched a team to Venezuela to evaluate the prospects for a return to drilling in the oil-rich ...

Venezuelan lawmakers have approved a bill to regulate mining as the country seeks to attract leery foreign investors to a ...

WHAT’S HAPPENING TODAY: Good morning and happy Monday, readers! Most – if not all of you – are familiar with the phrase “drill, baby, drill.” But how many have gotten the chance to see what this looks ...

Washington is focusing on stabilization before democratic transition in Venezuela, signaling a gradual process tied to ...

Venezuela has passed a mining law intended to open the country’s vast mineral and oil reserves to private investment, as the ...

President Donald Trump is back to lusting about interfering in Cuba despite struggling to reach a deal to end his war in Iran ...