MIAMI — Cuba has begun suffering a dire fuel shortage as the United States cuts off the country’s oil supply. The streets of Cuba were at a near-total blackout over the weekend. The Cuban government ...
Carabobo, in the heart of Venezuela’s Orinoco belt, is one of the world’s largest oilfields and was expected to pump 325,000 barrels of crude a day this month – more than a third of the country’s ...
President Donald Trump told NBC News he could launch a second military operation into Venezuela if its acting president stops cooperating. This live blog has now ended. Vance said in his interview ...
Venezuela is a unique case in the global energy landscape. By the country’s own estimates, it possesses the world’s largest proven oil reserves — about 303bn barrels, roughly 17 per cent of the global ...
US President Donald Trump said on Saturday that the US would run Venezuela until a “safe, proper and judicious transition” could take place, and US companies would heavily invest in boosting the South ...
For the most part, GM is in the business of selling new cars, not producing parts to keep the old ones running. This creates quite a headache for hot rodders and those who want to track, or even just ...
The U.S. Energy Information Administration quietly rewrote a key assumption about the global oil market this week: OPEC can produce more oil than previously thought. In its December Short-Term Energy ...
Texas is about to deploy a potential solution to the oil industry’s toxic wastewater problem — but it’s a move that carries environmental risks of its own. State regulators are working to issue ...
Previously, we reported that the national average price of gasoline in the United States has dropped below $3 a gallon for the first time in years, in large part due to OPEC+ returning more barrels to ...
LONDON (Reuters) -World oil supply is expected to closely match demand next year as the wider OPEC+ group increases production, an OPEC report showed on Monday, marking a change from last month's ...