Not to sound like a parody of Jerry Seinfeld here, but what's the deal with all these identical-displacement V8s from different manufacturers? We've talked about the Ford 427 vs. the Chevy 427 before, ...

Pemex remains financially strained, with nearly $100 billion in debt, weak cash flow, and ongoing production declines. New joint venture contracts have failed to attract Big Oil, with recent awards ...

GM has filed a patent application a variable displacement valvetrain system with rocker shaft porting and insert sleeves for ...

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. Kazakhstan expects a court ruling on its $3.5-billion lawsuit against ...

HOUSTON, Dec 16 (Reuters) - Venezuela's oil customers, including Chinese refiners, are demanding deeper discounts and changes to spot contracts from state-run company PDVSA, following the U.S. seizure ...

The U.S. seizure of a vessel off Venezuela is likely to squeeze the country’s government, but do little to counter the tankers that secretively move oil from sanctioned countries. By Rebecca F.

Both West Texas Intermediate crude and the key benchmark for international oil prices are in position to close at the lowest levels in nearly five years. Renewed hopes for a cease-fire between Russia ...

Chevron CVX-0.11%decrease; red down pointing triangle stands as one of the last big shippers of Venezuelan oil after the U.S. seized a sanctioned tanker last week allegedly carrying the country’s ...

TotalEnergies closed a deal to divest to PTTEP a 9.998% indirect interest in the SK408 block in Malaysia. TotalEnergies has closed a deal to divest to PTT Exploration and Production Public Co. Ltd.

RIO DE JANEIRO, Brazil — Venezuelans are once again bracing for uncertainty as President Donald Trump threatens a blockade that could cut off the country's ability to sell oil — its main source of ...

The Bureau of Ocean Energy Management offered about 80 million acres in federal waters offshore Texas, Louisiana, Mississippi, Alabama, and Florida. Chevron submitted the sale’s single highest bid of ...