Permian drilling opportunities in West Texas were so prolific as the shale boom kicked off they attracted wildcatters the ...

The U.S. eased sanctions on Venezuela's energy sector on Friday, issuing two general licenses that allow global energy ...

Oil prices were little changed on Friday after falling in the previous session, on receding concerns of an Iranian conflict.

The Treasury Department issued licenses Friday for oil companies including Chevron and certain European rivals to operate in ...

US Energy Secretary Chris Wright toured oil producing facilities in Venezuela with its acting president Delcy Rodríguez as the Trump administration moves to control sales of the country’s oil.

Broken pumps, rusted pipes, ghost towns mark Venezuela's once vibrant oil hub. It will cost billions to restore the industry.

Oil prices eased slightly on Tuesday after U.S. guidance for vessels transiting the Strait of Hormuz kept attention on ...

By Arathy Somasekhar and Marianna Parraga HOUSTON, Feb 13 (Reuters) - Venezuela's state-run oil company PDVSA has refused to ...

Exports from an oil field off WA's Pilbara are at a standstill after an oil spill in December. The regulator says it has ...

Oil prices fell sharply after a massive U.S. inventory build and a downgraded global demand forecast reinforced concerns ...

A new report suggests Illinois could be on the hook for plugging and cleaning up thousands of inactive and abandoned oil and gas wells scattered across the state.