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Saudi Arabia, UAE Pour Over $130 B Into AI To Offset Oil Price Risks

Oil news - Thu, 10/30/2025 - 23:00
Previously, we reported that Saudi Arabia is digging in for a "long and shallow" oil price war as it looks to regain market share from rivals like U.S. shale producers and OPEC+ members who have been exceeding their production quotas. This comes after Saudi Arabia made significant production sacrifices to support prices for over three years, which allowed competitors to increase their output. Saudi Arabia has also been hedging its oil price bets by rapidly diversifying its economy away from fossil fuels in recent years, expanding into areas such…
Categories: Oil news

Enbridge Wins U.S. Government Approval To Re-Route Wisconsin Oil Pipeline

Oil news - Thu, 10/30/2025 - 23:00
The U.S. Army Corps of Engineers has approved a controversial proposal by Canadian oil and gas giant Enbridge (NYSE:ENB), to reroute an aging oil pipeline around a Wisconsin tribal reservation, saying the project "complied with all applicable federal laws and regulations." Enbridge proposed the 41-mile reroute to remove the pipeline off land held by the Bad River Band after a court ordered in 2023 that the pipeline should be removed from the tribal land by June 2026.  The judge also ordered Enbridge to pay the tribe over $5 million for trespassing.…
Categories: Oil news

El huracán Melissa tocó tierra en Cuba después de su paso devastador por Jamaica

Apporea noticias - Thu, 10/30/2025 - 22:49
Tras su paso devastador por Jamaica, el poderoso huracán Melissa tocó tierra en el este de Cuba este miércoles, con vientos máximos sostenidos de 195 km/h, después de haberse debilitado a categoría 3. Pese a que bajó su intensidad, el Centro Nacional de Huracanes estadounidense (CNH) lo califi...
Categories: Venezuelan news

Ministro Padrino López: Venezuela no servirá de ruta para el narcotráfico

Apporea noticias - Thu, 10/30/2025 - 22:22
30 de octubre de 2025.- El vicepresidente sectorial de Defensa y Soberanía, Vladimir Padrino López, aseguró que Venezuela no servirá como ruta del narcotráfico y cuestionó la presencia militar de Estados Unidos (EEUU), en el Caribe. «El narcotráfico, por Venezuela, ¡NO PASARÁ! El creciente consum...
Categories: Venezuelan news

$110 Billion Hydrogen Boom Meets Bureaucratic Bottlenecks in Europe

Oil news - Thu, 10/30/2025 - 22:00
The global hydrogen industry came into view, specifically from importing countries’ perspective, at European Hydrogen Week earlier this month in Brussels. There was a palpable sense of frustration with what many consider an overbearing regulatory framework causing delays. But also a sense of inevitability, with hydrogen mandates in place and pipeline construction now underway. Europe is set to be the world’s largest demand center for low-carbon hydrogen. There was also a sense of determination in the face of a growing number of project…
Categories: Oil news

Kazakhstan and Exxon Eye Next Phase of Kashagan—Despite Legal Crossfire

Oil news - Thu, 10/30/2025 - 21:30
Kazakhstan’s government has reopened talks with ExxonMobil about expanding the Kashagan oil field—the massive Caspian Sea development once hailed as the world’s biggest oil discovery in 30 years. The discussions reportedly include tapping undeveloped western sections of the reservoir and could be linked to Exxon’s Tengiz license, which expires in 2033. The timing is interesting. Kazakhstan just spent the better part of this year in court with the same group of Western oil majors that operate Kashagan—Eni, Shell, Exxon,…
Categories: Oil news

Operación Fénix: revelan plan de la CIA para infiltrar agentes en Venezuela

Apporea noticias - Thu, 10/30/2025 - 21:12
30 de octubre de 2025.- El Gobierno venezolano lanzó una serie de acusaciones de alto perfil contra Estados Unidos, que incluyen la desarticulación de múltiples planes de la Agencia Central de Inteligencia (CIA) destinados a promover la destitución del presidente constitucional Nicolás Maduro. La...
Categories: Venezuelan news

Global Power Surge Pushes Out 2050 Net Zero By A Decade

Oil news - Thu, 10/30/2025 - 21:00
Joe Biden famously declared that he wanted the US to be zero emissions by 2050. According to an AI Overview, zero emissions means a process or vehicle produces no waste products or pollutants, such as no tailpipe emissions from a car. The more conservative “net-zero emissions" means all human-caused greenhouse gas emissions are balanced by removing an equivalent amount from the atmosphere through methods like reforestation or carbon capture technology. The Guardian colorfully describes what an America that achieves this goal could…
Categories: Oil news

Russian Missile Strikes On Ukraine’s Energy Grid Kills 3

Oil news - Thu, 10/30/2025 - 20:30
A barrage of Russian missile and drone strikes on Ukraine’s energy infrastructure left three people dead on Wednesday, forcing nationwide power restrictions. Ukrainian officials reported that two men in the city of Zaporizhzhia were killed in the overnight strikes, while a seven-year-old girl from the central Vinnytsia region also lost her life from injuries sustained in the attacks. "Its goal is to plunge Ukraine into darkness. Ours is to preserve the light," Prime Minister Yulia Svyrydenko said on Telegram. "To stop the terror, we need…
Categories: Oil news

Russian Missile Strikes On Ukraine’s Energy Grid Kills 3

Oil news - Thu, 10/30/2025 - 20:30
A barrage of Russian missile and drone strikes on Ukraine’s energy infrastructure left three people dead on Wednesday, forcing nationwide power restrictions. Ukrainian officials reported that two men in the city of Zaporizhzhia were killed in the overnight strikes, while a seven-year-old girl from the central Vinnytsia region also lost her life from injuries sustained in the attacks. "Its goal is to plunge Ukraine into darkness. Ours is to preserve the light," Prime Minister Yulia Svyrydenko said on Telegram. "To stop the terror, we need…
Categories: Oil news

Russian Missile Strikes On Ukraine’s Energy Grid Kills 3

Oil news - Thu, 10/30/2025 - 20:30
A barrage of Russian missile and drone strikes on Ukraine’s energy infrastructure left three people dead on Wednesday, forcing nationwide power restrictions. Ukrainian officials reported that two men in the city of Zaporizhzhia were killed in the overnight strikes, while a seven-year-old girl from the central Vinnytsia region also lost her life from injuries sustained in the attacks. "Its goal is to plunge Ukraine into darkness. Ours is to preserve the light," Prime Minister Yulia Svyrydenko said on Telegram. "To stop the terror, we need…
Categories: Oil news

Rusia, dispuesta a responder a las peticiones de Venezuela ante las amenazas

Apporea noticias - Thu, 10/30/2025 - 20:21
30 de octubre de 2025.- Rusia está dispuesta a responder a las peticiones de Venezuela teniendo en cuenta las amenazas existentes y potenciales, declaró este jueves la portavoz del Ministerio de Relaciones Exteriores ruso, María Zajárova. "Estamos en contacto con nuestros socios. Estamos preparad...
Categories: Venezuelan news

U.S. Pushes Forward With the Trump Route for International Peace and Prosperity

Oil news - Thu, 10/30/2025 - 20:00
US diplomats intend to set up working groups with their Armenian and Azerbaijani counterparts to accelerate implementation of the US-brokered provisional peace plan signed in August in Washington, according to a state-connected media outlet in Azerbaijan. The Report.az outlet queried the State Department about the status of the peace deal, the centerpiece of which is the establishment of a corridor connecting the Azerbaijani mainland with its Nakhchivan exclave across Armenian territory, dubbed the Trump Route for International Peace…
Categories: Oil news

Venezuela envía ayuda a Cuba y Jamaica tras paso de huracán Melissa

Apporea noticias - Thu, 10/30/2025 - 19:59
30 de octubre de 2025.- El gobierno de Venezuela envió 26 toneladas de ayuda humanitaria a Cuba y 20 a Jamaica como parte de la ayuda por las afectaciones provocadas por el huracán Melissa que azotó con fuerza a las islas del Caribe. Desde el aeropuerto internacional Simón Bolívar de Maiquetía, e...
Categories: Venezuelan news

Lower Oil Prices Drag Down Profits at Chinese Giant CNOOC

Oil news - Thu, 10/30/2025 - 19:30
CNOOC Ltd, China’s top offshore crude oil and gas producer, on Thursday said its net profit fell by 12.2% from a year earlier in the third quarter, amid a decline in oil prices.  CNOOC, which specializes in offshore oil and gas developments in China and internationally, reported a third-quarter net profit of $4.6 billion (32.4 billion Chinese yuan) for the July-September quarter, down by 12.2% on the year.  The lower Brent crude prices this year couldn’t offset the rise in CNOOC’s oil and gas production in China and…
Categories: Oil news

Lower Oil Prices Drag Down Profits at Chinese Giant CNOOC

Oil news - Thu, 10/30/2025 - 19:30
CNOOC Ltd, China’s top offshore crude oil and gas producer, on Thursday said its net profit fell by 12.2% from a year earlier in the third quarter, amid a decline in oil prices.  CNOOC, which specializes in offshore oil and gas developments in China and internationally, reported a third-quarter net profit of $4.6 billion (32.4 billion Chinese yuan) for the July-September quarter, down by 12.2% on the year.  The lower Brent crude prices this year couldn’t offset the rise in CNOOC’s oil and gas production in China and…
Categories: Oil news

Alí Rojas: Pensamiento de Simón Rodríguez es esencial contra la guerra cognitiva

Apporea noticias - Thu, 10/30/2025 - 19:19
30 de octubre de 2025.- El profesor de la Universidad Internacional de las Comunicaciones (Uicom) y de la Universidad Nacional de las Comunas (Unacom), Alí Rojas Olaya destacó la vigencia del pensamiento del maestro Simón Rodríguez como herramienta esencial para enfrentar los desafíos contemporáneos...
Categories: Venezuelan news

Zimbabwe Opens $9 Billion Power Sector To Private Investors

Oil news - Thu, 10/30/2025 - 19:00
The Zimbabwe government has finally approved the involvement of independent power producers (IPPs) and private companies to generate, sell, and distribute electricity in the country, marking a significant policy shift for a country that has been struggling with high power demand but low supply. The government also plans to launch a competitive bidding process in 2026, further liberalizing the sector.  According to a public notice issued by the Zimbabwe Energy Regulatory Authority (ZERA), the move will help attract more investments into the…
Categories: Oil news

(VIDEO) Quieren prohibir el peronismo, editorial de Nico Lantos

Apporea noticias - Thu, 10/30/2025 - 18:56
Jueves, 30 de octubre de 2025.- Con el discurso de que hay gobiernos que apoyan a los narcos, los Estados Unidos pretender etiquetar todos aquellos gobiernos en Latinoamérica que no le son sumisos. En este interesante editorial de Nico Lantos, plantea toda la maniobra que lleva a cabo el gobie...
Categories: Venezuelan news

Global Power Demand to Skyrocket 30% by 2035

Oil news - Thu, 10/30/2025 - 18:30
The world’s electricity demand is expected to surge by 30% over the next decade as data centers, electric vehicles, and demand for heating and cooling drive increased consumption, a new report by Rystad Energy says.  Renewable power generation, especially solar energy, is expected to be crucial to meeting the electricity demand growth, found the report cited by Bloomberg.   Renewable energy is forecast to provide 55% of all electricity globally by 2035, raising its share from 34% today, according to the energy intelligence…
Categories: Oil news

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