BP, XRG Partner on Venezuelan Offshore Gas Development as Oil Majors Tentatively Return

The companies received an exploration and production license that could give them access to an estimated 4 trillion cubic feet of recoverable gas.

Crude Futures Mixed in Choppy Trade

Oil futures were little changed as the market sees little movement toward settling the dispute over control of the Strait of Hormuz.

Rick Perry's Fermi Finally Finds a Customer for Its Giant Texas AI Power Bet