While the shale drilling boom has unleashed a flood of oil from places like West Texas and North Dakota, it is often not the right kind of crude for American refiners.

Energy secretary reveals Venezuelan oil export plan as Trump administration seeks to restart flow from world's largest oil reserves to the U.S. market.

Texas' oil and gas industry paid a near-record $27 billion in local and state taxes in 2025, according to TXOGA data.

The country’s “extra heavy” oil packs some of the highest associated greenhouse gas emissions of any crude oil.

Texas-based oil companies have largely been silent on Trump’s assertion that they would help to rebuild Venezuela’s oil infrastructure.

Despite holding the world’s largest proven oil reserves, Venezuela’s oil industry collapsed after expropriations, mismanagement, and the loss of foreign expertise left it unable to produce its technically demanding heavy crude at scale.

Kolibri Global Energy Inc. faces heightened downside risk due to falling oil prices and a 28% share price decline. See why I rate the KGEI stock a Hold.

As the US threatened Nicolás Maduro's grip on power in recent months, a cadre of executives, lawyers and investors tied to the oil industry made their case to anyone who would listen — the Trump administration,

Nigeria’s oil production rebounded strongly in 2025 under sector reforms and rising investment, but output still fell well short of the government’s ambitious targets.