While stocks are certainly moving in favor of these oil majors and refiners, those in the industry are skeptical that those gains will last.

President Donald Trump said big oil firms will either "get reimbursed by us, or through revenue" if they pay to rebuild ...

The U.S. will take control of the country's oil reserves. Trump said American companies will be recruited to invest billions to refurbish the country's oil industry.

Shares of major U.S. companies in the energy sector are sharply higher Monday after President Donald Trump announced plans to ...

Venezuela sits on 303 billion barrels of oil—more than Saudi Arabia. So why does it pump less than 1% of global supply? The ...

President Trump wants more U.S. oil companies to "go in" to Venezuela. But there are economic, historical, and climate ...

After the U.S. ouster of Venezuelan President Nicolás Maduro, President Donald Trump has consistently promised private U.S.

U.S. stock markets climbed after Maduro's capture, with South Florida Venezuelans and economists expressing cautious optimism ...

President Donald Trump wants to tap into Venezuela's oil reserves. Here's what to know about the country's oil industry.

Rebuilding Venezuela's degraded oil infrastructure and returning it to full capacity will likely take years, experts say.

Petroleum giants Chevron, ConocoPhillips and ExxonMobil are planning to meet with the Trump administration later this week, ...