Oil giant Chevron is confirming that it is expanding its operations in Venezuela, just days after President Donald Trump announced an ambiti...

Venezuela’s crude oil production rate could double in the next few years thanks to new deals set to be signed with U.S. and other foreign en...

Venezuelan oil production peaked ​above 3 million barrels per day in the late ​1990s but plummeted after that on a lack of investment, misma...

Venezuela's National Assembly voted to back the 65-billion-barrel oil deal, despite no details being publicly released.

Oil giant Chevron is expected to soon announce it will expand operations in Venezuela, a U.S. official said

It is likely to be years before production meaningfully ramps up, industry experts say, and there are many risks involved.

As part of the deal, the U.S. is creating a private company as a joint venture with North American Blue Energy Partners, owned by Venezuelan...

President Trump’s plan for the U.S. to own majority control of Venezuelan oilfields harkens back to a century-old era of colonialism and bac...

A U.S. oil company controlled by a Venezuelan business tycoon will replace Chinese and Russian operators of several Venezuelan oil fields, R...

The deal, made possible by strengthening relations between Venezuela and the United States, is expected to involve nearly $100 billion in in...

The Trump administration's plan to take a stake in tens of billions of barrels of Venezuelan oil reserves will hinge on a private company ca...

The Defense Department’s Office of Strategic Capital, founded by the Biden administration to give loans to bolster the U.S. defense industry...

The White House hasn't explained where the $100 billion in expected investment for a new oil venture in Venezuela is supposed to come from.

The White House says it’s partnering with North American Blue Energy Partners in a deal that will give the Pentagon a stake in Venezuela’s v...

Venezuela has the largest proven oil reserves in the world, and its heavy crude is particularly well suited to the sophisticated refineries...