Gas peakers have always had one decisive economic advantage: they were relatively cheap to build. A peaking plant could sit idle for most of the year, then start when demand and electricity prices surged. Its fuel was expensive and its efficiency often mediocre, but low upfront costs made that acceptable. The owner did not need thousands of operating hours to recover an enormous initial investment. Australia has now crossed an important threshold. The country’s CSIRO, working with the Australian Energy Market Operator, finds that batteries…

5 de noviembre de 2026.- La jornada de movilizaciones y de huelga en defensa del poder adquisitivo y de los servicios públicos logró este jueves reunir a 600.000 manifestantes en Francia, según las autoridades, un millón más en base a cálculos sindicales, en un claro repunte del descontento social r...

ConocoPhillips more than doubled its third-quarter profit to $4 billion and raised its quarterly dividend by 11% on Thursday, joining a growing list of oil majors reporting enormous earnings gains as higher crude prices offset production disruptions caused by the Iran war. The Houston-based producer reported adjusted earnings of $3.27 per share, comfortably beating Wall Street's $2.97 estimate. Net income jumped from $1.7 billion a year earlier, despite a decline in production. The company's average realized price climbed 32% year over year to…

ConocoPhillips more than doubled its third-quarter profit to $4 billion and raised its quarterly dividend by 11% on Thursday, joining a growing list of oil majors reporting enormous earnings gains as higher crude prices offset production disruptions caused by the Iran war. The Houston-based producer reported adjusted earnings of $3.27 per share, comfortably beating Wall Street's $2.97 estimate. Net income jumped from $1.7 billion a year earlier, despite a decline in production. The company's average realized price climbed 32% year over year to…

ConocoPhillips more than doubled its third-quarter profit to $4 billion and raised its quarterly dividend by 11% on Thursday, joining a growing list of oil majors reporting enormous earnings gains as higher crude prices offset production disruptions caused by the Iran war. The Houston-based producer reported adjusted earnings of $3.27 per share, comfortably beating Wall Street's $2.97 estimate. Net income jumped from $1.7 billion a year earlier, despite a decline in production. The company's average realized price climbed 32% year over year to…

France’s present economic woes signal serious trouble ahead for the coherence of the European Union. On Wednesday evening, the French National Assembly unanimously rejected the government’s proposed budget, provoking further fears in the bond market. A couple of weeks ago, it was reported that the French government’s budget deficit now stood at 5.1 per cent, the worst it had been for nearly a quarter of a century. Its national debt now stands at over 115 percent of its GDP. Last Friday, the credit ratings agency Fitch downgraded…

5 de noviembre de 2026.- Desde la madrugada del pasado miércoles 4 de noviembre, trabajadores activos, jubilados, pensionados y personal de las empresas básicas de la Corporación Venezolana de Guayana (CVG) —que agrupa a los sectores siderúrgico, de aluminio y minero— mantienen paralizados los acces...

5 de noviembre de 2026.- La Confederación Francesa Democrática del Trabajo (CFDT) estima hoy en 800 mil los participantes en las movilizaciones en Francia, en el marco de una huelga general en defensa del poder adquisitivo y por mejoras salariales. La CFDT llamó a trabajadores del sector privado ...

Oil prices surged Thursday, recovering some of Wednesday's staggering losses as traders reconsidered whether the U.S. midterm election results would actually bring a swift end to the Iran war. Brent crude had climbed to $98.01 per barrel by early afternoon, gaining $3.39, or 3.58%, while West Texas Intermediate rose $2.21, or 2.51%, to $90.33. Both benchmarks continued climbing later in the session. The rebound followed Wednesday's extraordinary selloff, when Brent plunged $8.98, or 8.7%, to settle at $94.62. WTI shed $7.97, or 8.3%, closing at…

Oil prices surged Thursday, recovering some of Wednesday's staggering losses as traders reconsidered whether the U.S. midterm election results would actually bring a swift end to the Iran war. Brent crude had climbed to $98.01 per barrel by early afternoon, gaining $3.39, or 3.58%, while West Texas Intermediate rose $2.21, or 2.51%, to $90.33. Both benchmarks continued climbing later in the session. The rebound followed Wednesday's extraordinary selloff, when Brent plunged $8.98, or 8.7%, to settle at $94.62. WTI shed $7.97, or 8.3%, closing at…

Oil prices surged Thursday, recovering some of Wednesday's staggering losses as traders reconsidered whether the U.S. midterm election results would actually bring a swift end to the Iran war. Brent crude had climbed to $98.01 per barrel by early afternoon, gaining $3.39, or 3.58%, while West Texas Intermediate rose $2.21, or 2.51%, to $90.33. Both benchmarks continued climbing later in the session. The rebound followed Wednesday's extraordinary selloff, when Brent plunged $8.98, or 8.7%, to settle at $94.62. WTI shed $7.97, or 8.3%, closing at…

La presidenta de la República, Delcy Rodríguez, visitó este jueves 5 de noviembre la Planta de Producción Farmacéutica Leti, ubicada en Guarenas, estado Miranda. «Lo que estamos viendo aquí es el modelo que queremos para nuestro país, un modelo cuya capacidad industrial esté a...

5 de noviembre de 2026.- Durante su intervención en la quinta edición del Congreso Anual de Cavececo en Caracas, el superintendente del Servicio Nacional Integrado de Administración Aduanera y Tributaria (Seniat), Román Maniglia, anunció este jueves que el ente regulador eximirá de fiscalizaciones a...

US and Turkmen diplomats focused on expanding trans-Caspian connectivity and promoting energy export diversification during annual consultations in Ashgabat. Turkmen officials are signaling a strong desire to improve trade ties with both South Asia and the West, while maintaining the country’s long-standing status as a neutral state. Visiting US Assistant Secretary of State for South and Central Asia S. Paul Kapur met November 3 with Turkmenistan’s paramount leader, Gurbanguly Berdymukhamedov, before holding comprehensive discussions…

5 de noviembre de 2026.- Santiago Peña anunció este jueves su renuncia a la Presidencia de Paraguay, en medio de la crisis bancaria que se registra en el país, tras la intervención de Ueno Bank, una de las entidades financieras más populares del país. «He tomado la decisión de presentar mi renunc...

U.S. refineries are producing a smaller share of gasoline from every barrel of crude oil they process and shifting production efforts toward diesel and jet fuel as soaring margins on those products reshape the economics of American refining. Gasoline yields averaged below 45% during the first eight months of 2026, falling below the previous five-year low in every month, according to data published Thursday by the U.S. Energy Information Administration (EIA). That's a significant departure for a refining industry that typically produces 45 to 50…

Una Venezuela más estable, más democrática y más próspera, plenamente integrada a los mercados internacionales, contribuirá al desarrollo de toda Iberoamérica, afirmó el canciller del país caribeño, Oliver Blanco, durante su participación en la XXX Cumbre Iberoamericana que se celebra en Madri...

En sesión ordinaria prevista para este jueves 5 de noviembre a partir de las 2:30 p. m., la plenaria de la Asamblea Nacional (AN) abordará una agenda de trabajo centrada en tres puntos fundamentales del acontecer nacional, abarcando los sectores de transporte aéreo, el sistema eléctrico y la d...

Tight global oil supplies, compounded by fears of further U.S. strikes against Iran, are stoking concerns over a potential oil price super-spike. Global petroleum inventories are shrinking, while U.S. fuel prices surge to historic highs, fueling inflation and intensifying pressure on the economy. As Middle East tensions disrupt shipping through the Strait of Hormuz, a chokepoint for one-fifth of global oil supplies, Guyana’s petroleum output continues to expand, helping to mitigate supply constraints and the risk of significantly higher prices.…

Turkey targets total investments of $500 billion in energy infrastructure in its new energy plan to 2040, Minister of Energy and Natural Resources, Alparslan Bayraktar, said on Thursday, as the country looks to boost its energy independence and eventually become energy independent. In recent years, Turkey has been paying up to $70 billion to import energy, including coal, oil, and gas. The new energy plan looks to slash the import bill while strengthening the homegrown resources, including gas in the Black Sea and a fourfold jump in installed solar…