Australian firm EnZed Energy's application to explore a large block off the coast of south Taranaki will go to officials with no competing bids.

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 ...

There's renewed focus on the oil industry since the U.S. seized Venezuela's president. The benefits for Texas, which has many ...

The companies that turn oil into gasoline and diesel are likely to benefit more, right away, than the businesses that pump ...

MaverickX, which was born in San Antonio and is moving to Austin this year, is built on a bacterium that dissolves rock as a ...

The U.S. is looking at potentially lifting long-installed sanctions on Venezuela as the Trump administration seeks to tap ...

Scientists emphasize that oilseed cultivation can boost farmers' income while promoting traditional oil extraction methods at ...

The Trump administration's desire to control Venezuelan oil and designs to take over Greenland aim to secure a supply of ...

The United States military today seized a fifth oil tanker in the Caribbean Sea, reportedly near Trinidad and Tobago, as the ...

Most of the reserves in the country are extra-heavy oil that’s tough to extract and generates more greenhouse gases.

Explore the differences between shale oil and conventional oil, including extraction costs and methods, and how these impact ...

The U.S. seizure of a massive oil tanker offshore of Venezuela this week represented a brazen escalation of the Trump administration’s repeated military incursions in the area. It’s also a broader ...