A U.S. court-organized auction of shares in the parent company of Venezuela-owned Citgo Petroleum has entered its final ...

While not officially taking over Chevron’s assets, Chinese companies like China Concord Petroleum and Anhui Guangda Mining are signing secretive production-sharing deals to operate oil fields and ...

Venezuela’s oil exports held steady in May, despite re-imposed US sanctions. Chatham House research suggests that’s unlikely ...

Spain ceased all crude oil imports from Venezuela in April due to upcoming U.S. sanctions requiring foreign companies to halt ...

On Saturday, the Israeli army hit two oil sites near Tehran and a gas production complex in the south. Oil prices had already ...

Chevron's license allowing it to produce and export crude to the US ended in early April and the company was allowed until ...

Iran has in the past threatened to disrupt shipping through the Strait of Hormuz if it is attacked. The Strait is the exit ...

Iran also offers the cheapest petrol in the world. Following Iran, Qatar ranks third with 23,871 cubic kilometers of natural ...

Iranian Speaker of the Parliament Mohammad Bagher Ghalibaf concluded a tour of Latin America in a desperate attempt at regime ...

“Do not let yourself be poisoned any longer against Venezuela. They poison you every day with lies,” Maduro said on State ...

A U.S. court-organized auction of shares in the parent company of Venezuela-owned Citgo Petroleum has entered its final ...