With Israel once again bombarding Gaza while the U.S. fires missiles at the Houthis in Yemen, geopolitical risk is rising once again in oil markets.

Venezuela's state-run PDVSA has put together three operational scenarios as part of a plan to continue producing and exporting oil at its largest JV with Chevron once a license for the U.S. major to ...

It was a week when oil prices logged their seventh straight decline while natural gas futures continued to shine. The headlines revolved around energy biggie Shell’s SHEL first oil production from a ...

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 ...

President Donald Trump’s decision to revoke Chevron’s license to operate in Venezuela may be felt well beyond the South American country’s borders. The move — announced by Trump in a Truth ...

The Venezuelan patrol ship that entered Guyana’s waters Saturday and positioned itself near a vessel contracted by Exxon ...

Those licenses allowed Chevron and other energy companies to maintain operations in Venezuela and import oil from Venezuela to the United States. Chevron’s license, the largest of them all ...

Since ExxonMobil made its major oil discovery in Guyana in 2015, Venezuela has revived a century-old territorial dispute with Guyana and taken steps to annex the remote Essequibo region that comprises ...

Since ExxonMobil made its major oil discovery in Guyana in 2015, Venezuela has revived a century-old territorial dispute with Guyana and taken steps to annex the remote Essequibo region that ...

Chevron and the other companies have played a key role in Venezuela’s efforts to boost its oil production, which had fallen to levels nearing 400,000 barrels per day in 2020, from the 3.2 ...