How big is Venezuela’s oil industry? Venezuela’s oil industry is about a quarter of the size it used to be. Venezuela has the world’s biggest proven reserves of oil, estimated at more than 300 billion ...

Many Americans are surprised to learn that the US imports oil even though it produces enough to meet its own needs. The reason comes down to money and chemistry. The reason comes down to money and ...

Venezuela has the world’s largest oil reserves—but history, costs, and political risk raise questions about whether U.S. oil companies are ready to invest. Tapping into Venezuela’s oil reserves has ...

Venezuela has the world’s largest oil reserves—but history, costs, and political risk raise questions about whether U.S. oil companies are ready to invest. Venezuela has the world’s largest oil ...