heavy crude

(Newser) - President Trump is pitching regime change in Venezuela as an energy opportunity, but the path from military operation to meaningful oil production is anything but straightforward, the Wall Street Journal reports. At a Mar-a-Lago press conference, Trump said the ouster of Nicolás Maduro would clear the way for "...

(Newser) - Saudi Arabia and Kuwait have embarked on a risky, expensive hunt for heavy crude—and that might be a bad sign for global oil supplies. For decades these countries have fueled the world with its easy-to-drill light oil supply, but now those reserves are drying up, one Middle East energy...