oil reserves

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    Chevron, Shell Near First Major Oil Deals in Venezuela

    Chevron and Shell Near Major Oil Production Deals in Venezuela After Oil Law Reform Chevron and Shell are reportedly close to securing the first major oil production agreements in Venezuela since the United States captured President Nicolas Maduro in January. According to five sources familiar...
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    Global Oil Release Proposed to Counter Market Volatility

    IEA Considers Largest-Ever Oil Reserve Release as Middle East Tensions Push Prices Higher Emergency Meeting Discusses Major Market Intervention The International Energy Agency (IEA) is considering the largest release of strategic oil reserves in its history as governments confront rising crude...
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