Venezuela sits on 303 billion barrels of oil—more than Saudi Arabia. So why does it pump less than 1% of global supply? The answer involves nationalizations, sanctions and crude that's harder to extract than most.

US President Donald Trump says now that Nicolas Maduro is gone, more US oil companies will enter Venezuela and spend billions revitalizing its oil industry. Several key questions have to be answered.

Crude oil storage and transportation bridge production with refining and export, preserving quality, ensuring custody-transfer accuracy, and moving volumes safely, reliably, and cost-effectively from field or import points to refineries or export hubs.

A regime change in Venezuela could both help that country regain its former prominence as an oil producer and pose a threat to Canada’s industry, which is producing record amounts of oil and is expected to continue to grow for several more years.

For oil markets, Venezuela is a footnote in an age of abundance. For Middle East, the US move is a dangerous reminder.

Crude oil transport from FPSOs moves stabilized crude from offshore storage to market via shuttle tankers or pipelines, linking offshore production to midstream logistics and refining. II.2.1 Establish exclusion zone, confirm weather/sea state within ...

Ecuador's oil production has significantly decreased to multi-year lows due to the shutdown of its two largest crude pipelines, SOTE and OCP, caused by heavy rains and intensified erosion along the Coca River. The pipeline closures have led to the ...

Nigeria is closing the year with optimism around its upstream oil sector as a new licensing bid round raises expectations of improved crude oil output and