The two largest U.S. oil companies, Chevron and Exxon Mobil, reported their lowest annual profits in years.

The companies that turn oil into gasoline and diesel are likely to benefit more, right away, than the businesses that pump oil out of the…

President Trump met with oil and gas executives on Friday in an effort to push them to invest money in Venezuela, a plan many of…

The amounts of money, time and political uncertainty trouble executives at large Western oil companies, who plan to meet with President Trump on Friday.

Chris Wright said the Trump administration was in “active dialogue” with Venezuela’s government about the plan.

The second-largest U.S. oil company, which kept pumping oil in the country after others left, could find it relatively easy to expand its operations if…

It will take years and billions in investment to revitalize Venezuela’s oil industry, and energy producers will likely be cautious before stepping in.

Companies like Phoenix Tailings, which recently began producing metal in New Hampshire, are using new processing methods to compete with Chinese suppliers.

But the companies and other large oil producers are continuing to increase production because drilling still remains profitable.

Oil prices have fallen sharply this year as global supply remains strong and demand has been slow to grow.