A boom-and-bust region is feeling the pinch from cheap oil, even as low prices help at the pump.

Venezuelan crude oil worth $2.8 billion could reach Texas refineries next week following Trump's announcement of 50 million barrels heading to Gulf Coast.

Today, Texas produces 5.7 million barrels of oil per day, the largest producing state ahead of North Dakota. This growth ...

President Trump said that U.S. energy companies are eager to invest in Venezuela, the nation with the largest oil reserves, and U.S. energy stocks rose Monday at the prospect. Still, it's not a simple ...

Latin America has lots of experience with private military contractors protecting foreign companies in lawless conflict zones ...

Chevron, for its part, is the only U.S. oil company that never left the South American nation. Following the arrest of ...

While any investment by US companies in rejuvenating Venezuelan oil production could take time, Gulf Coast refiners are well positioned to hoover up crude shipments as soon as sanctions are eased and ...

There's renewed focus on the oil industry since the U.S. seized Venezuela's president. The benefits for Texas, which has many ...

Texas leaders are divided along party lines after President Donald Trump ordered a strike in Venezuela capturing Nicolas ...

Proceeds from the oil sale are being stashed in Qatar, an arrangement critics say opens the door to more corruption.

An oil and gas refinery near La Porte, on Aug. 28, 2020. Texas refineries could see a boost from increased exports of Venezuelan oil. At a recent protest in Houston, demonstrators criticized the ...