President Trump wants more U.S. oil companies to "go in" to Venezuela. But there are economic, historical, and climate ...

Realizing President Donald Trump’s plan for a US-led revival of Venezuela’s beleaguered oil industry could be a years-long ...

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

Exxon, Chevron, Phillips 66 and others already operate refineries capable of processing the kind of heavy crude that comes ...

The second-largest U.S. oil company, which kept pumping oil in the country after others left, could find it relatively easy ...

Phillips 66 said it aims to enhance fuel supply and energy security in the UK, while integrating Lindsey Oil Refinery assets ...

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Here are key facts about international oil companies in Venezuela, a country with the world's largest oil reserves thrown ...

South American nation’s tar-like oil is what many Gulf coast facilities were built for but ramping up production to 3m barrels a day will be a long game ...

Venezuela, ⁠once a major producer, last year pumped only around 900,000 barrels per day, accounting for less than 1% of ...

Realising President Donald Trump’s plan for a US-led revival of Venezuela’s beleaguered oil industry could be a years-long ...