Venezuela’s state-run oil company has signed at least nine new deals with foreign service providers, including two Chinese ...

The deals are part of President Nicolás Maduro’s plan to replace Western oil companies after US sanctions ended their ...

CVX to lay off nearly 200 Texas workers in July as part of a global workforce cut of up to 20% by 2026, to reduce costs and ...

Venezuela’s May 25 legislative elections were a fiasco. Here’s what Maduro says he will do now to win future votes ...

Chevron terminates contracts, but will keep staff in Venezuela, sources say Chevron has terminated the oil production, service and procurement contracts it had to operate in Venezuela, delegating ...

Those close to the president’s campaign reportedly attempted to keep Loomer, a far-right activist, at a distance the election ...

The double whammy of OPEC+’s unpredictability and Donald Trump’s heated rhetoric over China ‘totally violating its agreement’ with the US put oil prices under renewed pressure ...

MACRO: A sharp selloff in oil prices ahead of the OPEC+ meeting has been partially offset by a larger-than-expected drawdown in U.S. oil inventories, with gasoline demand spiking ahead of driving ...

Oil prices have spiked on the back of a lower-than-expected OPEC+ production hike, wildfires in Canada, and rising ...

Crude oil prices declined for the second consecutive day on Friday due to optimism that the Organization of the Petroleum Exporting Countries and allies (OPEC+) would continue raising output for ...

Venezuela's government is increasing taxes and public service charges on the private sector to compensate for declining oil ...