The country’s oil industry has undergone major shifts and two waves of nationalization since its first well started pumping ...

Some of the top oil companies in America will be at the meeting, including Chevron, ExxonMobil, ConocoPhillips and Shell.

Venezuela sits on 303 billion barrels of oil—more than Saudi Arabia. So why does it pump less than 1% of global supply? The answer involves nationalizations, sanctions and crude that's harder to ...

President Trump has floated the idea of the U.S. reimbursing energy companies for expenses in Venezuela as he pushes for U.S. extraction of Venezuelan oil. In an interview with NBC News, the president ...

Unconventional oil refers to crude oil extracted through new methods like hydraulic fracturing and oil sands mining. Explore ...