How much oil does Venezuela have?

The proven oil reserves in Venezuela are recognized as the largest in the world, totaling 300 billion barrels Venezuela's crude oil is very heavy, and as a result, much...

North Dakota Landowners vs Continental Resources

Continental Resources filed a complaint last September in U.S. District Court against Landowners Rick and Rosella Fisher related to a saltwater disposal well in...

Millennials and Generation Zs want Oil and Gas Jobs – But are they lazy?

The oil and gas industry is facing strong competition in attracting science, technology, engineering and mathematics (STEM) talent, with 44% of STEM Millennials and...

Vietnam’s Multi-Million Dollar Oilfield Loss in Venezuela

The U.S sanctions causing economic collapse in Venezuela and in turn cause a  multi-million dollar loss for Vietnam. The Vietnam - Venezuela $12 billion oilfield...

How Would Venezuela’s Oil-rich Country Look After U.S Oil Companies Take Over?

The focus is shifting now to slow and steady strangulation of Venezuela’s oil-rich economy, with mounting U.S. sanctions against the state-run petroleum company, PDVSA,...

Vietsovpetro starts oil field offshore Vietnam

JV Vietsovpetro reported the start of production from Ca Tam (Beluga) oil field offshore Vietnam with commissioning of the CTC-1 wellhead platform. Initial flow from...

Former chief executive of Knight Oil Tools has been sentenced to one year in...

Mark Knight, the former chief executive of Knight Oil Tools, has been sentenced to one year in jail for framing his brother in a...

4 activists arrested in oil pipeline shutdown attempt

The four broke into a fenced area southeast of Grand Rapids that contains shut-off valves for three Enbridge pipelines around noon Monday, said their...

Rachel Notley’s call for new oil refineries is unlikely to persuade Canadian oil industry

Alberta Premier Rachel Notley’s call for new oil refineries is unlikely to persuade an industry that is already skeptical about such projects, according to...

Colorado weighs new rules for oil, gas drilling near schools

Colorado oil and gas regulators are considering enlarging the mandatory buffer zone between new oil wells and school property. A proposal released by the...

The U.S oil boom is now hitting the market / Justices to Decide Whether...

The U.S oil boom is now hitting the market, thanks to (frac) fracking, it has stunned global energy markets. The U.S. has already leapfrogged...

The Ex Chief executive of Calvin Klein ‘Tom Murry’ Talks about his time...

Business Lessons Learned On An Oil Rig It’s not every day that you get to hear about a CEO who oversees a fashion brand which...

The Oil cartel wouldn’t allow the market to become oversupplied

The Oil cartel wouldn't allow the market to become oversupplied UAE energy minister Suhail Al Mazrouei, who is also OPEC president, said . The energy...

Oil prices climb after 10 days of losses

Demand for Saudi oil is “tapering off” in part because of seasonal factors, so the kingdom will ship less Oil climbed after a record run...