Venezuela sits on 303 billion barrels of oil—more than Saudi Arabia. So why does it pump less than 1% of global supply? The ...

While any investment by US companies in rejuvenating Venezuelan oil production could take time, Gulf Coast refiners are well ...

Secretary of State Marco Rubio on Sunday touted what he called a unique U.S. capability to refine Venezuela's abundance of ...

Refiner Phillips 66 can run Venezuelan crude at two U.S. Gulf Coast refineries as production ramps up, Chief Financial ...

US President Donald Trump says now that Nicolas Maduro is gone, more US oil companies will enter Venezuela and spend billions ...

The U.S. military’s ouster of Venezuelan President Nicolás Maduro is set to swiftly reroute the country’s oil exports back ...

Venezuelan President Nicolás Maduro has been captured and flown out of the country following a largescale US strike on Caracas, leaving behind uncertainty for the country – and its massive oil ...

President Donald Trump may have made a major miscalculation about Venezuela’s oil. Trump has expressed excitement over the prospect of US oil companies getting their hands on Venezuela’s vast oil ...

For oil markets, Venezuela is a footnote in an age of abundance. For Middle East, the US move is a dangerous reminder.

The statement has fuelled fresh debate over how quickly Venezuela’s oil sector could be revived if political uncertainty ...

Venezuela claims to have more than 300 billion barrels in the ground, but it is only producing about one million barrels a ...

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 ...