Guyana’s offshore oil discoveries have driven remarkable economic growth and transformed the South American country into a ...

British Oil and Gas giant Shell Plc. (NYSE:SHEL) needs an exploration breakthrough or a big merger after its oil reserves ...

The United States is suddenly positioning itself not just as the world's largest oil producer, but as a potential gatekeeper of the planet's biggest reserves. By moving aggressively into Venezuela ...

The company identified the reserves (equivalent to 55 million tons) within the South-Novoportovskoye and Saletinskoye plots, ...

During a speech at the National Prayer Breakfast, President Trump claimed that the U.S. and Venezuela together control 68% of ...

American Big Oil is returning to countries in the Middle East, Africa, and beyond to find new sources of oil and gas.

The Trump administration’s push to unlock Venezuela’s vast oil reserves could delay global oil supply decline for decades, with significant implications for oil markets and macro stability. US shale ...

Venezuela has the world’s largest oil reserves—but history, costs, and political risk raise questions about whether U.S. oil companies are ready to invest. Tapping into Venezuela’s oil reserves has ...