Exxon CEO says Venezuela needs to transition to democracy for oil investment to make sense

ExxonMobil CEO Darren Woods in a CNBC interview stood by comments on Venezuela's oil industry that angered President Donald Trump.
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A Devon and Coterra Merger Could Become One of the Largest Shale Oil Deals Ever

Permian Basin shale oil may get a permanent change if Devon Energy and Coterra Energy proceed with a proposed $57 billion merger.

Venezuelan Lawmakers Approve Sweeping Overhaul of Oil Sector

Bowing to Trump administration pressure, the new legislation improves conditions for foreign oil companies and opens the way to slash the taxes they pay.

Chevron CEO says Venezuela is taking positive steps to protect private oil investment

Chevron is the only U.S. oil major operating in Venezuela through a special license issued by the Treasury Department.

Minnesota’s climate lawsuit against the oil industry survives latest challenge

A lawsuit from the state of Minnesota that aims to hold the oil industry accountable for allegedly misleading the public about climate change can move forward, a state appeals court ruled Monday. The ruling inches the case closer to trial after nearly six years of legal challenges.

Canada’s oil industry thrives as sales to China soar

Record production comes as analysts say Venezuelan output is not likely to significantly hit demand in short term