Beijing’s moves bought it sway in Venezuela—all of it now subject to the Trump administration’s preferences in the wake of ...

Following the U.S. capture of former President Nicolás Maduro earlier this month, the Trump administration has ramped up pressure on acting President Delcy Rodríguez and other allies of the ousted ...

Years of discipline have made companies such as Halliburton and SLB lean and efficient.

Jan 22 (Reuters) - A sweeping proposed reform of Venezuela's hydrocarbons law would allow foreign and local companies to ...

Companies that already have operations in the country stand to benefit, but those that have profited from a standoff between ...

Washington pushes a U.S.-directed revival to rewire PDVSA, reshape investment rules, and pull the country out of Russia and ...

The industry has long prioritized projects with quick and reliable payback. Trump is pushing for a return to risk.

By Marianna Parraga HOUSTON, Jan 16 (Reuters) - Oil executives and lawyers for international oil companies are lobbying the U ...

Venezuela claims the world’s largest oil reserves, but most of that oil is extra-heavy, expensive to produce, and highly ...

The Trump administration’s push to unlock Venezuela’s vast oil reserves could delay global oil supply decline for decades, ...

Venezuela's official 300 billion barrels of proven oil reserves is largely the result of reclassification and political ...

After a regime change, history shows that the fight to control oil can turn bloody. No wonder U.S. companies hesitate to send ...