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U.S. Crude Oil Output Set New Record in May: EIA
U.S. crude oil production hit a new monthly record in May 2025, averaging 13.488 million barrels per day (bpd), according to new EIA data released Thursday. That’s a modest 0.2% rise from April’s 13.464 million bpd, but a respectable 2.2% increase year-over-year. The biggest contributor remains Texas, which churned out 5.752 million bpd, up from 5.751 million bpd in April. New Mexico, home to part of the prolific Permian Basin, saw production tick up to 2.199 million bpd, a marginal 0.1% month-on-month rise but a robust 8.9% jump compared…
Categories: Oil news
U.S. Crude Oil Output Set New Record in May: EIA
U.S. crude oil production hit a new monthly record in May 2025, averaging 13.488 million barrels per day (bpd), according to new EIA data released Thursday. That’s a modest 0.2% rise from April’s 13.464 million bpd, but a respectable 2.2% increase year-over-year. The biggest contributor remains Texas, which churned out 5.752 million bpd, up from 5.751 million bpd in April. New Mexico, home to part of the prolific Permian Basin, saw production tick up to 2.199 million bpd, a marginal 0.1% month-on-month rise but a robust 8.9% jump compared…
Categories: Oil news
U.S. Crude Oil Output Set New Record in May: EIA
U.S. crude oil production hit a new monthly record in May 2025, averaging 13.488 million barrels per day (bpd), according to new EIA data released Thursday. That’s a modest 0.2% rise from April’s 13.464 million bpd, but a respectable 2.2% increase year-over-year. The biggest contributor remains Texas, which churned out 5.752 million bpd, up from 5.751 million bpd in April. New Mexico, home to part of the prolific Permian Basin, saw production tick up to 2.199 million bpd, a marginal 0.1% month-on-month rise but a robust 8.9% jump compared…
Categories: Oil news
Trump’s Chevron Deal Is a Win for America
The Trump administration has taken the decision to reinstate Chevron’s licence to operate in Venezuela, marking a decisive and long-overdue shift in its Venezuela policy. The decision, which will see Chevron resume operations in the world’s largest proven oil reserves after being barred in May 2025, is more than an economic arrangement. It is a significant foreign policy recalibration. For too long, US engagement in Venezuela has been driven by a neoconservative agenda and the false promise of regime change - an approach that has only…
Categories: Oil news
U.S. Crude Oil Output Set New Record in May: EIA
U.S. crude oil production hit a new monthly record in May 2025, averaging 13.488 million barrels per day (bpd), according to new EIA data released Thursday. That’s a modest 0.2% rise from April’s 13.464 million bpd, but a respectable 2.2% increase year-over-year. The biggest contributor remains Texas, which churned out 5.752 million bpd, up from 5.751 million bpd in April. New Mexico, home to part of the prolific Permian Basin, saw production tick up to 2.199 million bpd, a marginal 0.1% month-on-month rise but a robust 8.9% jump compared…
Categories: Oil news
Apure: Gobernador anunció pronta reconexión terrrestre por Bruzual y la llegada de combustible
31 de julio de 2025.- El gobernador de Apure, Wilmer Rodríguez, se dirigió a la población a través de sus redes sociales, para informar que desde hace tres días han estado disminuyendo los niveles de los ríos.
Sobre el río Apure que ha sido el causante de inundaciones en municipios que limitan co...
Categories: Venezuelan news
The Great Geothermal Talent Shortage
Geothermal energy is poised for a breakthrough in the United States. One of the vanishingly few clean energy forms that made it through the Trump administration’s One Big Beautiful Bill unscathed, the time is right for the carbon-free energy source to take center stage. With a positive policy environment and rapid advancements in technology, there’s only one critical hurdle in geothermal energy’s way – an exceedingly shallow talent pool. The geothermal revolution will need a whole lot of geologists – but a huge number…
Categories: Oil news
Fiscal general insta a la justicia internacional a cooperar para sancionar a Bukele
31 de julio de 2025.- El fiscal general de la República, Tarek William Saab, realizó un llamado a que el sistema internacional de justicia coordine con la estructura judicial y penal de Venezuela para que el presidente de El Salvador, Nayib Bukele, sea sancionado y penado por el secuestro y abuso de...
Categories: Venezuelan news
EU Eyes Group LNG Buys To Meet US Commitments
The European Commission is considering pooling demand from European companies to collectively purchase more U.S. liquefied natural gas—part of an effort to meet its $750 billion energy trade deal with Washington. The initiative, announced Thursday, would be modeled after the EU’s 2022 AggregateEU program, which coordinated gas purchases following Russia’s invasion of Ukraine. A Commission spokesperson said a U.S.-focused version of the program could launch as early as September if enough interest emerges. “We are ready to…
Categories: Oil news
EU Eyes Group LNG Buys To Meet US Commitments
The European Commission is considering pooling demand from European companies to collectively purchase more U.S. liquefied natural gas—part of an effort to meet its $750 billion energy trade deal with Washington. The initiative, announced Thursday, would be modeled after the EU’s 2022 AggregateEU program, which coordinated gas purchases following Russia’s invasion of Ukraine. A Commission spokesperson said a U.S.-focused version of the program could launch as early as September if enough interest emerges. “We are ready to…
Categories: Oil news
EU Eyes Group LNG Buys To Meet US Commitments
The European Commission is considering pooling demand from European companies to collectively purchase more U.S. liquefied natural gas—part of an effort to meet its $750 billion energy trade deal with Washington. The initiative, announced Thursday, would be modeled after the EU’s 2022 AggregateEU program, which coordinated gas purchases following Russia’s invasion of Ukraine. A Commission spokesperson said a U.S.-focused version of the program could launch as early as September if enough interest emerges. “We are ready to…
Categories: Oil news
Disminuye el hambre en América Latina y el Caribe según informe de Naciones Unidas
31 de julio de 2025.- En América Latina y el Caribe hay al menos 34 millones de personas que padecen hambre, aunque la región registra avances en la lucha contra ese flagelo que en todo el mundo castiga a unos 673 millones de sus habitantes, indicó un informe divulgado este martes 29 por agencias de...
Categories: Venezuelan news
Efemérides 31 de julio: Arranque de la producción petrolera (1914) – Choques y controversias tras elecciones de 2024
Es 31 de julio de 2025. Han transcurrido 212 días del año y faltan 153 días para su terminación. Hoy es jueves.
Las efemérides se refieren a sucesos, ...
Categories: Venezuelan news
Oil Giant Sinopec Opens New Shale Play in China
China has certified 147 million barrels of oil reserves in a new shale play operated by state energy giant Sinopec in the southwestern part of the country, as the world’s top crude oil importer look to boost domestic output. China Petroleum & Chemical Corporation, or Sinopec, as it is more commonly known, announced on Thursday that the Chinese Ministry of Natural Resources certified 20.1 million metric tons, or 147 million barrels of oil, in the Fuxing shale play, as well as 12.35 billion cubic meters of natural gas reserves. The Fuxing…
Categories: Oil news
Oil Giant Sinopec Opens New Shale Play in China
China has certified 147 million barrels of oil reserves in a new shale play operated by state energy giant Sinopec in the southwestern part of the country, as the world’s top crude oil importer look to boost domestic output. China Petroleum & Chemical Corporation, or Sinopec, as it is more commonly known, announced on Thursday that the Chinese Ministry of Natural Resources certified 20.1 million metric tons, or 147 million barrels of oil, in the Fuxing shale play, as well as 12.35 billion cubic meters of natural gas reserves. The Fuxing…
Categories: Oil news
Ottawa and BC Bet Big on Second Canadian LNG Terminal
The British Columbia government has agreed to invest CAD$200 million in the Cedar liquefied natural gas project — the second Canadian LNG project expected to come online after LNG Canada, the first, shipped its first cargo from its LNG export terminal in Kitimat in early July. Cedar LNG, jointly owned by the Haisla First Nation and Pembina Pipeline Corp, has an in-service date of late 2028. The project consists of a floating natural gas liquefaction plant and marine export terminal located in the Douglas Channel near Kitimaat Village,…
Categories: Oil news
Tailandia reporta tranquilidad en frontera con Camboya
31 de julio de 2025.- El gobierno de Tailandia reportó hoy tranquilidad en la frontera con Camboya, en cumplimiento del acuerdo de alto el fuego convenido por los dos países el 28 de julio anterior, en Malasia.
Al momento de entrar en vigor el pacto, ambas naciones se acusaron mutuamente de trasg...
Categories: Venezuelan news
Nueva masacre de Israel en la Franja de Gaza deja más de 50 muertos
31 de julio de 2025.- La urgente búsqueda de alimentos por parte de los desplazados internos en la Franja de Gaza se convirtió este miércoles en un trágico escenario que cobró la vida de más de 50 personas mientras esperaban asistencia alimentaria, a manos de las fuerzas armadas de la ocupación isra...
Categories: Venezuelan news
Sanctions Push Russian Money into Kyrgyz Crypto Markets
There are signs that western measures and a domestic crackdown on Kyrgyzstan’s traditional banking sector are starting to bite, hindering Russian efforts to evade sanctions. Yet, booming transactions of a Kyrgyzstan-registered, ruble-linked cryptocurrency on a Kyrgyz exchange this spring indicate that sanctions-busters are still very active in the Central Asian nation. Russian entrepreneurs have complained in recent months that their transactions have grown more expensive or slowed after the United States and United Kingdom sanctioned a Kyrgyz…
Categories: Oil news
Cantv restablece servicios de telecomunicaciones en Apure, Guárico y Amazonas
31 de julio de 2025.- Cantv restableció los servicios de telecomunicaciones en los estados Apure, Guárico y Amazonas, luego de la afectación causada por la reciente crecida y desbordamiento del río Portuguesa en el sector La Negra, municipio Camaguán de la entidad guariqueña.
El per...
Categories: Venezuelan news