Donald Trump, by dramatically seizing Nicolás Maduro and claiming dominion over Venezuela ’s vast oil reserves, has taken his ...

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 ...

Venezuela has the largest oil reserves of any country on Earth. But the type of oil it has is difficult, and dirty, to process. Experts say ramping up production would be expensive, and dangerous for ...

As the stock market digests the dramatic events in Venezuela over the weekend, in which the U.S. military captured President Nicolas Maduro, and U.S. President Donald Trump’s announcement that the U.S ...

While there's ample oil in the ground, the world economy struggles to maintain prices that make extraction economically viable, especially for heavy oil, crucial for diesel and jet fuel. Economic ...

According to the official website of the Russian Science Foundation, Kazanian scientists managed to find out that acetates—salts of acetic acid with transition metals—in combination with steam ...

Most of the reserves in the country are extra-heavy oil that’s tough to extract and generates more greenhouse gases. By Lisa Friedman Reporting from Washington Venezuela’s oil reserves, thought to be ...

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 Clustered along the US Gulf coast are some of ...