The oil in Venezuela is heavy, sour crude, which is what refineries on the U.S. Gulf Coast process, and there are only a ...

Refinery in Benicia won’t produce gasoline after the spring, but plans to import gas to supply California’s hungry market.

Crude prices are low. Companies are being cautious. But huge reserves — particularly of the heavy, viscous oil Venezuela has in abundance — remain appealing.

Chevron (CVX) is in talks with the Trump administration to expand a key license to operate in Venezuela so it can increase ...

While the shale drilling boom has unleashed a flood of oil from places like West Texas and North Dakota, it is often not the ...

Shares of several energy sector companies surged after the U.S. capture of Venezuela's president. Here are the stocks ...

The U.S. Secretary of Energy Chris Wright laid out Wednesday a plan for the U.S. government to sell Venezuelan oil.

HOUSTON, Jan ‌7 (Reuters) - ​Oil producer ‌Chevron is in talks with ​the U.S government to expand a key ‍license to operate ...

Patrick De Haan of GasBuddy says Venezuela’s oil supply and infrastructure challenges could influence long-term market ...

The country’s “extra heavy” oil packs some of the highest associated greenhouse gas emissions of any crude oil.

A full-scale resumption of Venezuelan oil exports would benefit refiners in the United States and lower their fuel production costs, with the refineries capable of absorbing most of the roughly 1 ...

As a member of the Organization of the Petroleum Exporting Countries, or OPEC, what happens in Venezuela is of consequence to global oil markets and is of particular importance to American oil majors, ...