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LNG Canada Doubles Capacity as Asia Looks Beyond the Gulf

Oil news - Fri, 10/23/2026 - 03:00
Last month, Shell (NYSE:SHEL), alongside Malaysia's PETRONAS, China's PetroChina, Mitsubishi Corporation and KOGAS, officially approved the Final Investment Decision (FID) for the LNG Canada Phase 2 expansion project, doubling the facility's capacity to 28 million tons per annum (mtpa) and reinforcing the country's potential as a significant long-term supplier to Asian markets. Together with Cedar LNG and Woodfibre, both currently under construction, Canada is expected to export 33 mtpa of LNG by the end of the current decade.  According to…
Categories: Oil news

Renuncia todo un cuerpo de policia de Georgia en medio de acusaciones contra el alcalde

Apporea noticias - Fri, 10/23/2026 - 02:00
Todo el cuerpo de policía a tiempo completo y el administrador municipal de una localidad de Georgia renuncian en medio de acusaciones contra el alcalde 22 de octubre de 2026.-El jefe de policía, Lamar Bunn, acusó al ayuntamiento de haber colocado en...
Categories: Venezuelan news

Rising Crude Oil Imports Reduce China’s Need to Draw from Stocks

Oil news - Fri, 10/23/2026 - 02:00
China has relied on its huge crude oil inventories since the Iran war hiked oil prices to above $100 per barrel. The world’s biggest crude importer has drawn from its 1.3-billion-barrel stash for most of the months after March as it slashed imports amid soaring prices. The stock draws, and the reduced imports in the spring and summer, have even kept benchmark crude oil prices in check despite the major disruption to flows from the Middle East, as China’s crude supply management was one of the key buffers the market has had since the…
Categories: Oil news

Gobernación de Mérida entrega financiamientos a 62 emprendedores

Apporea noticias - Fri, 10/23/2026 - 01:00
El otorgamiento de créditos busca convertir a los pequeños productores merideños en grandes comercializadores con proyecciones al mercado internacional 22 de octubre de 2026.-La Gobernación del estado Mérida, bajo la gestión del gobernador Arnaldo Sánchez, fue sede de una exp...
Categories: Venezuelan news

EU’s Arctic Strategy Excludes Oil and Gas

Oil news - Fri, 10/23/2026 - 01:00
The European Union will shun crude oil and natural gas produced from fields in the Arctic, recommending that these “stay in the ground” under its new Arctic strategy released this week. The reiteration of the EU’s stance on Arctic hydrocarbons comes amid a severe fuel crisis and soaring gas prices ahead of winter peak demand season. The update on the Arctic strategy of the bloc that has quite limited geographical exposure to the Arctic comes five years after the last one, as the Arctic draws increasing attention, notably from…
Categories: Oil news

En la COP17: Venezuela entre los primeros 10 países megadiversos del mundo

Apporea noticias - Fri, 10/23/2026 - 00:00
22 de octubre de 2026.- La Conferencia Mundial de la Diversidad Biológica (COP17), ya arrancó en Eraván, Armenia, desde donde el ministro del Poder Popular para el Ecosocialismo, Nelson Rodríguez, destacó la condición ecológica del territorio venezolano. "Para nosotros es conocido que, Venezue...
Categories: Venezuelan news

Electric Giants Say They Already Have the Tools to Fix the AI Power Crunch

Oil news - Fri, 10/23/2026 - 00:00
The energy demand boom being driven by the artificial intelligence era is placing unprecedented strain on global energy infrastructure. Not only are the world’s energy production capacities – and especially clean energy production capacities – dwarfed by projected data center energy demand curves in coming years, the physical infrastructure needed to build and sustain never-before-seen rates of electrification and energy consumption growth is woefully underdeveloped. At present, the world’s energy grids and transmission…
Categories: Oil news

Seniat aclara procesos tras eliminar obligatoriedad de máquinas fiscales

Apporea noticias - Thu, 10/22/2026 - 23:06
22 de octubre de 2026.- El superintendente del Servicio Nacional Integrado de Administración Aduanera y Tributaria (SENIAT), Román Maniglia, anunció la eliminación de la obligatoriedad del uso de máquinas fiscales para los procesos de facturación en el país, dejando la adopción de estos equipos a cr...
Categories: Venezuelan news

Asia Needs $1 Trillion a Year to Secure Energy Supplies

Oil news - Thu, 10/22/2026 - 23:00
Asia will need as much as $1 trillion annually in energy investment over the next 15 years to meet rising demand and reduce its exposure to supply disruptions, according to a McKinsey report released Thursday. That amounts to $15 trillion through 2040, with the Iran war exposing just how vulnerable the region remains to disruptions in oil and gas shipments through the Strait of Hormuz. McKinsey now expects Asian energy demand to reach 370 million terajoules by 2040, a 15% increase over its forecast from just a year ago. The region is expected to…
Categories: Oil news

Asia Needs $1 Trillion a Year to Secure Energy Supplies

Oil news - Thu, 10/22/2026 - 23:00
Asia will need as much as $1 trillion annually in energy investment over the next 15 years to meet rising demand and reduce its exposure to supply disruptions, according to a McKinsey report released Thursday. That amounts to $15 trillion through 2040, with the Iran war exposing just how vulnerable the region remains to disruptions in oil and gas shipments through the Strait of Hormuz. McKinsey now expects Asian energy demand to reach 370 million terajoules by 2040, a 15% increase over its forecast from just a year ago. The region is expected to…
Categories: Oil news

Why Fossil Fuel Demand Can Rise Even as Clean Energy Wins Terrain

Oil news - Thu, 10/22/2026 - 23:00
French historian Jean-Baptiste Fressoz has offered energy-transition skeptics an appealing historical argument. In More and More and More, he argues that humanity has never really moved from one energy source to another. Wood was joined by coal, coal by oil, oil by gas and all of them by renewables. Energy sources accumulate rather than replace one another. Global primary-energy charts make the argument look convincing. Fossil use remains near record levels after trillions in clean-energy investment. Biomass did not disappear when coal arrived,…
Categories: Oil news

Asia Needs $1 Trillion a Year to Secure Energy Supplies

Oil news - Thu, 10/22/2026 - 23:00
Asia will need as much as $1 trillion annually in energy investment over the next 15 years to meet rising demand and reduce its exposure to supply disruptions, according to a McKinsey report released Thursday. That amounts to $15 trillion through 2040, with the Iran war exposing just how vulnerable the region remains to disruptions in oil and gas shipments through the Strait of Hormuz. McKinsey now expects Asian energy demand to reach 370 million terajoules by 2040, a 15% increase over its forecast from just a year ago. The region is expected to…
Categories: Oil news

AN designa a los 12 integrantes de la sociedad civil para el Comité de Postulaciones Judiciales

Apporea noticias - Thu, 10/22/2026 - 22:17
22 de octubre de 2026.- En sesión ordinaria, la Asamblea Nacional aprobó este jueves 22 de octubre, por unanimidad la designación de los 12 ciudadanos seleccionados por la Comisión Preliminar para integrar el Comité de Postulaciones Judiciales, quienes sumarán sus capacidades junto a los diputados d...
Categories: Venezuelan news

Strathcona Pitches 250,000-Bpd Oil Export Route to Asia

Oil news - Thu, 10/22/2026 - 22:00
Canadian oil producer Strathcona Resources wants to export up to 250,000 barrels per day of crude from British Columbia’s northern coast using rail shipments and a new marine terminal to reach Asian markets. But first, it needs Ottawa to make an exception to its oil tanker ban. Strathcona Chairman Adam Waterous told Bloomberg that the company plans to approach Prime Minister Mark Carney’s government as early as next week with a proposal to move crude by rail to a new export terminal in Prince Rupert. Waterous believes exports could…
Categories: Oil news

Más de 280 organizaciones convocan movilizaciones en España contra el racismo hacia los migrantes

Apporea noticias - Thu, 10/22/2026 - 21:30
22 de octubre de 2026.- Las protestas, previstas entre este jueves y el 27 de octubre, se enmarcan en la polémica por la situación en Ceuta tras la llegada masiva de migrantes a finales de julio. Amnistía Internacional, CEAR, Oxfam Intermón, Red Acoge, No Name Kitchen y la Plataforma de Infancia ...
Categories: Venezuelan news

Francia: miles salen a las calles pese a prohibición de protestas tras violento fin de semana

Apporea noticias - Thu, 10/22/2026 - 21:29
22 de octubre de 2026.- Miles de manifestantes salieron a las calles de París el jueves pese a las prohibiciones de protestas que se ordenaron en varias ciudades francesas tras un fin de semana de enfrentamientos y saqueos generalizados que marcó el episodio de disturbios más violento en Francia en ...
Categories: Venezuelan news

EU’s Proposed Shipping Subsidies Could Make BioLNG Cheaper Than Fuel Oil

Oil news - Thu, 10/22/2026 - 21:00
Europe’s carbon market could soon start paying shipowners to switch fuels, but the support on offer is far from equal. In July, the European Commission proposed a revision of the European Union’s Emissions Trading System that would reserve up to 110 million allowances between 2028 and 2040 for a new Sustainable Maritime Alternative Propulsion (SMAP) mechanism, which is meant to cover part of the price gap between fossil marine fuels and sustainable alternatives. Rystad Energy’s analysis shows that, combined with the EU ETS…
Categories: Oil news

Citi’s $60 Oil Call Meets $112 Brent

Oil news - Thu, 10/22/2026 - 20:30
Citi sees more upside risk for oil prices despite recovering Middle Eastern crude exports, a considerably less bearish assessment from the bank that predicted $60-to-$65 Brent by year-end just three months ago. Brent December futures traded at $111.70 on Thursday, up $2.88, or 2.65%, after touching $112.68 earlier in the session. The problem, Citi says, is that getting crude out of the Gulf and getting it to buyers at a reasonable cost are two different things. More than 1 million barrels per day of Gulf crude was transferred between vessels in…
Categories: Oil news

Citi’s $60 Oil Call Meets $112 Brent

Oil news - Thu, 10/22/2026 - 20:30
Citi sees more upside risk for oil prices despite recovering Middle Eastern crude exports, a considerably less bearish assessment from the bank that predicted $60-to-$65 Brent by year-end just three months ago. Brent December futures traded at $111.70 on Thursday, up $2.88, or 2.65%, after touching $112.68 earlier in the session. The problem, Citi says, is that getting crude out of the Gulf and getting it to buyers at a reasonable cost are two different things. More than 1 million barrels per day of Gulf crude was transferred between vessels in…
Categories: Oil news

Citi’s $60 Oil Call Meets $112 Brent

Oil news - Thu, 10/22/2026 - 20:30
Citi sees more upside risk for oil prices despite recovering Middle Eastern crude exports, a considerably less bearish assessment from the bank that predicted $60-to-$65 Brent by year-end just three months ago. Brent December futures traded at $111.70 on Thursday, up $2.88, or 2.65%, after touching $112.68 earlier in the session. The problem, Citi says, is that getting crude out of the Gulf and getting it to buyers at a reasonable cost are two different things. More than 1 million barrels per day of Gulf crude was transferred between vessels in…
Categories: Oil news

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