Venezuela is a resource-rich country that now stands to benefit tremendously from the recent ousting of the corrupt former ...

Venezuelan oil cannot quickly lower energy prices despite U.S. action against Maduro. Production of Venezuelan oil is costly, infrastructure is degraded, ...

At-a-Glance: After separation and stabilization, crude oil is stored in engineered tanks (onshore tank batteries, terminals, or offshore FPSO/FSO tanks) and moved via pipeline, marine tankers/barges, ...

Chevron cut the price of Venezuelan crude after U.S. forces seized a tanker carrying sanctioned oil, adding pressure to an already weak Gulf Coast market. The seizure is part of a broader Trump-era ...

Residents of Turkana County have urged the Joint Parliamentary Committee on Energy to implement strong safeguards to ensure ...

The Refining Penalty: To desulfurize an increasingly sour global crude slate, refineries require massive amounts of hydrogen gas. This hydrogen gas is obtained from natural gas, which is also used for ...