The major oil companies operating the giant Kashagan oilfield in Kazakhstan have initiated an international arbitration process to challenge a $5B fine for allegedly exceeding sulfur storage limits at ...

US broadly authorizes transactions with Venezuela's oil company PDVSA The U.S. issued a general license on Wednesday broadly authorizing U.S. companies to do business with Venezuela's state-run oil ...

HOUSTON — Lucas Ramirez wasted little time making his presence felt in the World Baseball Classic, launching Team USA starter Logan Webb's second pitch of Friday’s contest into the stands in right ...