The energy major warned that lower oil and gas sales could drag on its results, though upstream production is expected to rise quarter-on-quarter. Oil Snaps Winning Streak As Oversupply Concerns ...

Iran recorded the highest increase in crude oil production among all countries in 2024, boosting its daily output by 374,000 ...

The US government has wound down a license allowing LPG cargoes to be shipped to Venezuela. State energy company Petroleos de ...

Venezuela is spiraling once more into an inflationary storm as new data warns that price increases could skyrocket to 530% in ...

Reuters cited shipping data and documents showing the state producer has ramped up exports to Asia since then. Deals have ...

Venezuela exported some 844,000 barrels per day (bpd) of crude and fuel in June, an 8% increase from the previous month as ...

Despite inherent geopolitical complexities, regional cooperation in developing alternative transit routes is increasingly attractiveThe post Why didn’t oil prices rise during the Israel-Iran war?

Venezuela exported some 844,000 barrels per day (bpd) of crude and fuel in June, an 8% increase from the previous month as ...

Saudi Arabia, OPEC’s top oil producer, earned $179 billion in 2024, making up about a third of the group’s total revenue..

Environmental studies and Latin American and Latino studies major Chris Mathura won the dean's award for his research ...

In Venezuela’s oil capital of Maracaibo, a drilling frenzy has led to dozens of new wells — but the valuable liquid being ...

Venezuela's history is one of dramatic contrasts,emerging as a wealthy nation rich in natural resources, particularly oil, ...