ConocoPhillips and other energy companies that lost billions of dollars after Venezuela nationalized its oil industry decades ago are in talks with acting Venezuela President Delcy Rodríguez over recouping some ground, according to US Energy Secretary Chris Wright.
ConocoPhillips and other energy companies that lost billions of dollars after Venezuela nationalized its oil industry decades ago are in talks with acting Venezuela President Delcy Rodríguez over recouping some ground, according to US Energy Secretary Chris Wright.
A refinery in Puerto Cabello, Carabobo state, Venezuela.
The US government issued a general license to allow oilfield-service companies to work in Venezuela as the Trump administration eases sanctions and pushes to rebuild the nation’s crude infrastructure.
The US government issued a general license to allow oilfield-service companies to work in Venezuela as the Trump administration eases sanctions and pushes to rebuild the nation’s crude infrastructure.
An oil pumpjack on Lake Maracaibo in Cabimas, Zulia state, Venezuela, on Nov. 15, 2023.
Billionaire Harold Hamm’s Continental Resources reached an agreement to buy assets in Argentina from Pan American Energy, expanding its push into the Vaca Muerta shale basin.
Billionaire Harold Hamm’s Continental Resources reached an agreement to buy assets in Argentina from Pan American Energy, expanding its push into the Vaca Muerta shale basin.
An oil drilling rig at Vaca Muerta Shale oil reservoir in Neuquen province.
US natural gas futures rose as trading resumed on the Chicago Mercantile Exchange and wintry weather hits parts of the Midwest and East, with forecasts showing below-normal temperatures in the coming weeks for the Northeast and Great Lakes.
US natural gas futures rose as trading resumed on the Chicago Mercantile Exchange and wintry weather hits parts of the Midwest and East, with forecasts showing below-normal temperatures in the coming weeks for the Northeast and Great Lakes.
Flares burn off excess natural gas at the Endeavor Energy Resources LP oil and gas wells near Tarzan, Texas, US, on Saturday, March 15, 2025. The Permian Basin, a sprawling shale patch that lies beneath Texas and New Mexico, is North America's most prolific shale patch. Photographer: Justin Hamel/Bloomberg
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