Venezuela is a resource-rich country that now stands to benefit tremendously from the recent ousting of the corrupt former ...

Venezuela's rapid oil industry collapse, compounded by U.S. sanctions and poor maintenance, has triggered an immense and ...

Venezuela’s move to end PDVSA’s monopoly and reopen its oil industry to foreign investment marks a major political shift, but ...

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, ...

Ghana is encouraging investors to get the country’s crude out of the ground to avoid the assets from getting stranded amid a global decarbonization push. The government is ready to roll out the “red ...

Brent crude oil prices fell to below $60 a barrel on Tuesday, the lowest since May, amid investor optimism over progressing peace talks between Russia and Ukraine, and a wave of oversupply hitting ...