Venezuela, home of one world’s largest oil reserves, has long been a key player in the global energy market. However, years of U.S. led economic sanctions have severely impacted its oil sector, restricting production, exports, and foreign investment. Despite these challenges, the Venezuelan government has maintained a steadfast commitment to revitalizing its oil industry while […]

On Monday, Namibia’s state-owned oil company and Chevron have signed an agreement granting the U.S. oil firm an 80 percent operating working interest in an offshore block in the southern African country. RELATED: Namibia: Workshop to Address Agricultural Crisis Under the deal between Namibia’s National Petroleum Corporation (NAMCOR) and Chevron Namibia Exploration Limited (CNEL), a […]