GOA, India, Jan 27 (Reuters) - India's state-run Hindustan Petroleum Corp Ltd is seeking Venezuelan crude for the first time ...

Venezuela claims the world’s largest oil reserves, but most of that oil is extra-heavy, expensive to produce, and highly ...

(Bloomberg) -- US President Donald Trump’s trade wars and sanctions are tightening the market for heavy crude, boosting prices for the sludgy oil and raising costs for the largest American refining ...

The Trump administration says it has completed the first sale of Venezuelan oil to the U.S. Will it mean lower prices at the ...

The highly complex refineries located on the U.S. Gulf Coast could resume processing heavy Venezuelan crude oil in the years following the capture of President Nicolás Maduro, possibly pushing out ...

Forbes contributors publish independent expert analyses and insights. Ian writes on fossil energies, climate, and transition to renewables. US President Donald Trump, alongside (L/R) Deputy Chief of ...

Glencore (GLNCY) could gain from renewed Venezuelan oil flows and heavy crude demand. Read the latest analysis on the stock ...

Alberta’s Premier Danielle Smith has discussed potential overseas sales of Alberta-owned heavy oil with a global oil and petrochemical firm, the Canadian oil-producing province said this week. The ...

The Narwhal examines how U.S. actions in Venezuela could impact Canada's oil market, highlighting concerns over pricing and ...

At-a-Glance: Heavy oil is most commonly found in shallow to moderate-depth reservoirs (cooler formations) that have undergone biodegradation—dominantly in clastic (sandstone) settings within foreland ...

Brazil’s heavy and extra-heavy oil—from mature offshore hubs in the Campos Basin to onshore clusters in Rio Grande do Norte and Bahia—continues to reinforce national energy self-sufficiency. Advances ...

The current supply-demand situation for crude oil shows a market that is well supplied. So well supplied in fact, that oil prices have sunk below $60 per barrel. But this fact highlights a distinction ...