The US president wants American energy firms to start extracting the crude but they are reluctant.

Feb 14 (Reuters) - President Donald Trump and Israeli Prime Minister Benjamin Netanyahu agreed at a White House meeting on ...

Broken pumps, rusted pipes, ghost towns mark Venezuela's once vibrant oil hub. It will cost billions to restore the industry.

Iran is pursuing a nuclear agreement with the U.S. that delivers economic benefits for both sides, an Iranian diplomat was ...

U.S. military forces boarded another sanctioned tanker in the Indian Ocean after tracking the vessel from the Caribbean Sea in an effort to target illicit oil connected to Venezuela, the Pentagon ...

U.S. forces interdicted and boarded the sanctioned tanker Veronica III in the Indo-Pacific after officials said it defied a ...

The RMAFC disowns reports claiming a final decision has been made on ceding disputed oil wells, clarifying that the ...

In order to better extract oil from the ground, industry officials are using a method known as Enhanced Oil Recovery.

Assemble a simple starter. For a more restaurant-quality dish, Pu loves serving oil-packed tinned fish simply with preserved ...

Increasing pressure on Iran to scale back exports to China could alter Iran's position and lead it to offer more concessions ...