Argentina holds the world’s fourth-largest reserves of shale oil and more ... as South America’s third-biggest crude-oil producer. Only Venezuela, which produces nearly 1m b/d, and Brazil ...

Whether it’s parties, patties or patois, this Caribbean capital is a non-stop celebration, says the Booker Prize-winning ...

Donald Trump has vowed to restart the construction of the Keystone XL crude oil pipeline after it was scrapped by Joe Biden over fears about its impact on climate change.Construction of the 1,200-mile ...

The revocation of gas and oil licenses ends a financial lifeline for Venezuela, with catastrophic consequences.

In April 2023, Biden reimposed sanctions due to lack of election reforms. Venezuela oil reserves, production: Despite holding large proven crude oil reserves, Venezuela's oil production has been ...

March 4 - Venezuela's exports of crude and fuel rose in February to their highest since November, vessel monitoring data showed, as the U.S. prepared to terminate a key license that allows oil ...

which is just east of Venezuela. The Stabroek Block could have as many as 11 billion barrels of oil equivalent in reserves. Hess holds a 30 percent stake in the Guyana block, while Exxon has a 45 ...

Venezuela sits atop the world’s largest proven oil reserves and once used them to power Latin America’s strongest economy. But corruption, mismanagement and eventual U.S. economic sanctions ...

Venezuela's oil output and exports have grown since Chevron was granted the license in late 2022, providing a reliable source of revenue to President Nicolas Maduro's administration. The company ...

Chevron currently produces and exports almost a quarter of the million barrels per day from Venezuela, the country with the world's largest known oil reserves. The company had only resumed ...

Venezuela sits atop the world’s largest proven oil reserves and once used them to power Latin America’s strongest economy. But corruption, mismanagement and eventual U.S. economic sanctions ...