Oil prices ticked up in early trading on Wednesday after rising more than 3% in the previous session as potential supply ...

The United States is preparing to grant new authorizations to key partners of Venezuela's state-run PDVSA, starting with ...

Chevron and other foreign partners are still awaiting authorizations from the US government following talks last week about ...

Market sentiment shifted dramatically after President Trump shortened his timeline for Russia to show progress in ending the ...

Chevron’s $53 billion acquisition of Hess gives it a major stake in Guyana’s booming Stabroek oil block, reshaping its global ...

Oil prices continued to climb in early Wednesday trading, extending gains from the previous session as supply fears ...

The permits are expected to mark a policy shift from a pressure strategy Washington adopted this year that led to oil license cancellations in March. The authorizations might not be made public this ...

The U.S. government is evaluating the possibility of authorizing Chevron and potentially other European partners of PDVSA to operate in Venezuela, marking a potential policy shift. This comes as the U ...

HOUSTON/WASHINGTON (Reuters) -U.S. President Donald Trump's administration is discussing authorizations to key partners of ...

Oil prices rose on Monday after the U.S. reached a trade deal with the EU and may extend a tariff pause with China, ...

Sanctions targeting oil are often ineffective at changing governmental policy and often impose additional costs on companies ...