A lot of people have suggested that President Donald Trump got involved with Venezuela because it’s home to the world’s largest proven crude-oil reserves. That might — or might not — end up being the ...

Vice President JD Vance pushed back against claims that Venezuela’s oil reserves were the motivation behind President Nicolás Maduro‘s capture and attributed the military strike to drug trafficking.

Add Yahoo as a preferred source to see more of our stories on Google. Vance, who is more closely aligned with the non-interventionist wing of the GOP, wrote on X, “The president offered multiple off ...

Vice President JD Vance was noticeably absent at President Donald Trump’s press conference on Saturday, during which he discussed the capture of Venezuelan dictator Nicolas Maduro, but the VP did ...

Venezuela may soon have to start closing some oil wells as it runs low on storage capacity following last week’s tanker seizure and US plans to block other sanctioned vessels. The country’s main oil ...

President Trump said the United States wanted to reclaim expropriated oil assets, setting off a nationalist reaction in a country where the resource holds a mythical status. By Simon Romero Simon ...

WASHINGTON ‒ The United States has seized an oil tanker off the coast of Venezuela amid a monthslong buildup of military forces surrounding the country, President Donald Trump confirmed on Dec. 10.

LONDON/MOSCOW, Dec 2 (Reuters) - OPEC+ members will undergo an annual assessment of their oil production capacity starting next year for use in 2027, OPEC+ sources said, to ensure that the group sets ...

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. Kazakhstan plans to build a new large refinery and boost existing refining ...

Ukraine's deep-strike drone campaign targeting Russia's oil and gas production facilities has already cost its enemy 10 percent of its refining capacity, according to industry experts -- and Kyiv is ...

Forbes contributors publish independent expert analyses and insights. Ken Silverstein covers global energy and climate issues. As Washington circulates a 28-point “peace” plan for Ukraine, the real ...

Dangote Industries plans to expand crude oil processing capacity at DRPC's refining complex near Lagos by 750,000 b/d, and has confirmed Nigeria’s federal government recently intervened to resolve ...