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

At present, oil extraction in the United States sits at record levels of roughly 13.2 million barrels per day. No wonder oil is so expensive. Wait, what’s that you say? U.S. extraction at record ...

Political instability in Iran, a major oil producer, together with US President Donald Trump's recent threats against the ...

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

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

The country’s oil industry has undergone major shifts and two waves of nationalization since its first well started pumping ...

President Trump has floated the idea of the U.S. reimbursing energy companies for expenses in Venezuela as he pushes for U.S.

The current is at work once more, this time as the industry faces deep difficulties. Complaints from north of the border—most ...