While not officially taking over Chevron’s assets, Chinese companies like China Concord Petroleum and Anhui Guangda Mining are signing secretive production-sharing deals to operate oil fields ...

The eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in ...

Venezuelan President Nicolás Maduro received five delegates from the Communist Party of China (CPC) at the Miraflores Palace ...

U.S. oil companies are shifting investments south. Exxon and Chevron have piled into the Foz do Amazonas basin—part of the ...

Venezuela has opened the first Kalashnikov ammunition plant in the Americas, reflecting its ongoing defense ties with Russia.

Ecuador’s state oil company, Petroecuador, has declared force majeure on its operations after both major crude pipelines, ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

While Iran controls the movement of a lot of Earth’s precious oil, it has not got the largest reserves. That title goes to ...

Sam Tanenhaus' new biography examines the life and influence of the political commentator, magazine editor and TV debater who ...

Between October 12, 1492, and the end of the second millennium, Western expansionism had a major influence on the global ...