President Trump wore a new Happy Trump pin at a White House meeting with oil executives. The pin, showing a cartoon Trump, became popular o...

Donald Trump is encouraging American companies to invest billions in Venezuela's oil sector. However, extracting this heavy oil requires ma...

Venezuela's oil production could surge significantly in the coming decade following a political transition. This potential increase in supp...

Venezuela holds the world’s largest estimated oil reserves, about 17% of the global total, but production remains far below capacity due to...

The capture of Venezuelan President Nicolas Maduro following US airstrikes is unlikely to significantly disrupt the global oil market. Vene...

The United States has revoked licenses for several international oil and gas companies to operate in Venezuela, impacting firms like Chevro...

The two European energy companies, which have joint ventures with Venezuelan state-run oil company PDVSA, can count the crude cargoes towar...

Such a step by Reliance, which operates the world's biggest refining complex, and Nayara - part owned by Russian oil major Rosneft - would ...

OVL was among the 19 companies and seven groups that was pre-qualified to bid for Mexico's maiden offshore oil blocks auction. It was howev...

ONGC Videsh Ltd, the overseas arm of state-owned explorer Oil and Natural Gas Corp (ONGC), has lost out on its bid for two oil blocks in Me...

ONGC Videsh Ltd is among the 19 companies and seven groups to have pre-qualified to bid for Mexico's maiden offshore oil blocks auction.

More than 50 medical companies received sanctions waivers from the US treasury department last year to export to Iran.

Organisation of Petroleum Exporting Countries (OPEC) oil production declined by 130,000 barrels per day (bpd) to 30 million bpd in Septembe...

The Obama administration has threatened to slap sanctions against 41 oil firms that include ONGC and Indian Oil Corporation for having ener...

Oil and Natural Gas (ONGC) has lost out on acquisition of Uganda oil fields to China’s CNOOC, the latest instance of Chinese firms outbiddi...

ONGC has bid for Venezuela's Carabobo oil auction along with Spain's Repsol YPF SA and Petroliam Nasional Bhd of Malaysia.

Venezuela signed accords with private companies from more than a half-dozen countries on Friday, launching a major push into natural gas pr...