Venezuela is set to reform its mining law to attract significant U.S. investment. Interim President Delcy Rodriguez met with U.S. Secretary...

America has eased sanctions on Venezuela's oil sector. This follows reforms allowing American companies to re-enter the industry. Venezuela...

The Trump administration has eased sanctions on Venezuela. A new license allows US oil companies to export, sell, store, and refine Venezue...

Venezuela's lawmakers have approved a major oil law reform. This move aims to boost oil and gas production and attract foreign investment. ...

Venezuela aims to increase oil output significantly this year. New reforms will allow private companies to invest in the nation's oil secto...

Venezuelan banks will receive 300 million dollars from oil revenues. This money comes from an account in Qatar. The banks will sell these d...

The recent reforms in the sector, including diversification of sources of imports and changes in gas pricing mechanism, ensured that prices...

To suggest that the current supplydemand is balanced at the existing production levels is aresponse oblivious to the kind of chaos that we ...

But Saudi Aramco plans to boost its production capacity so it can pump as much of Saudi Arabia's vast oil reserves when demand picks up - b...

Both sides are keen to add momentum to the strategic partnership signed in 2006 with focus on defence industry and robust partnership in th...

Besides OVL, Reliance Industries, is looking to invest in Mexico as N America's 3rd biggest producer courts foreign companies after a 76-ye...

Venezuelan President Hugo Chavez pursued an ambitious diplomatic mission Saturday aimed at persuading OPEC nations to maintain oil prices a...