The country’s oil industry has undergone major shifts and two waves of nationalization since its first well started pumping ...

Baker Hughes and Hunt Oil Company have signed a global joint framework agreement aimed at redeveloping mature oil and gas fields and extending the life of aging assets. The collaboration pairs Baker ...

Senate Democrats on Wednesday said they are investigating the communications between President Trump and several oil ...

President Trump said the United States wanted to reclaim expropriated oil assets, setting off a nationalist reaction in a country where the resource holds a mythical status. By Simon Romero Simon ...

South Sudan has moved troops into Sudan’s Heglig oil field under what it calls a tripartite agreement with Sudan’s two warring factions. The move is a rare arrangement aimed at shielding critical oil ...

President Donald Trump on Tuesday ordered a total blockade of oil tankers entering or leaving Venezuela, declaring the Nicolás Maduro regime a foreign terrorist organization and accusing it of using ...

President Trump ordered a “total and complete blockade” of all oil tankers heading to and leaving Venezuela while labeling the country a “foreign terrorist organization” and demanding the regime ...

Last week, the U.S. seized a sanctioned oil tanker off the coast of Venezuela. Venezuela will continue to trade oil, Venezuelan President Nicolas Maduro said Wednesday, one day after President Donald ...

WASHINGTON ‒ President Donald Trump ordered the blockade of all sanctioned oil tankers from entering and leaving Venezuela, escalating U.S. tensions with Venezuelan President Nicolás Maduro. Trump ...

Experts disagreed on whether the seizure of land and assets, on the other hand, was legal, as an international tribunal determined Venezuela had not paid proper compensation to at least one affected ...

Venezuelan President Nicolás Maduro said Wednesday that his US counterpart Donald Trump had revealed his true motives toward the South American country with his claim that that it had stolen US “oil, ...