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Many exhibitors and speakers at CES highlighted the shift toward software-defined vehicles that can be upgraded over time through remote updates without requiring hardware changes.

Oil companies are wary of spending tens of billions of dollars into the country over the next decade and are looking for guarantees of physical and financial security amid stability concerns.

Freight costs have dropped sharply and the cheaper shipping environment is encouraging U.S. crude to move offshore, supporting physical crude prices.

Trump's administration intends to control the distribution of Venezuela’s oil products globally following its ouster of President Nicolás Maduro in a surprise nighttime raid.

Exxon Mobil said lower oil prices reduced fourth-quarter results by $800 million to $1.2 billion, one of the first signs that Big Oil is facing a tough earnings season. 

American Truck Dealers President Jacqueline Gelb during her first year on the job saw her members score major regulatory wins, and she’s eyeing another Capitol Hill victory in the year ahead.

Valero plans to begin shutting some of the Benicia refinery operating units in February before fully winding it down by the end of April.

U.S. European Command announced the seizure of the Bella 1. Secretary of 91ÊÓƵland Security Kristi Noem revealed that U.S. forces also took control of the tanker Sophia in the Caribbean.

The White House is organizing a meeting Jan. 9 with U.S. oil company executives to discuss Venezuela. Representatives of Exxon, Chevron and ConocoPhillips are expected to attend.