The OPEC+ producers raised their combined crude oil production by 335,000 barrels per day (bpd) in July, below the 411,000 bpd output hike eight of the 22 producers have pledged for last month.  OPEC-only production from the 12-member cartel increased by 263,000 bpd—and most of the rise came from two major producers, Saudi Arabia and the United Arab Emirates (UAE), according to data from secondary sources in OPEC’s Monthly Oil Market Report published on Tuesday.  Saudi Arabia accounted for half of the OPEC+ production hike…

Este lunes, La Federación de Cámaras y Empresas de Venezuela (Fedeindustria) emitió un comunicado oficial en el que manifestó su rechazo a las recientes acciones unilaterales del gobierno de Estados Unidos contra la República Bolivariana de Venezuela y su presidente constitucional, Nicolás Mad...

The upcoming Trump-Putin meeting is sparking speculation over a potential deal that could ease sanctions and reshape oil markets. Ending a Four-Year Oil Bull Run, Hedge Funds Are Now Betting on Renewables - Hedge funds are increasingly giving up on oil as the most profitable commodity play out there, with a Bloomberg analysis of some 700 funds’ strategies indicating that money managers have been betting against oil throughout 2025.  - Post-COVID recovery was the main engine of hedge funds’ oil craze, further boosted by the Russia-Ukraine…

Oswaldo Felizzola, coordinador del Centro Internacional de Energía y Ambiente (CIEA) de Venezuela, explicó que la nueva licencia restringida otorgada a Chevron tendría un lapso de renovación de sesenta días. El coordinador del Centro Internacional de Energía y Ambiente (CIEA) de Ven...

TotalEnergies is proposing to drill up to 7 exploration wells offshore South Africa, in the Orange Basin straddling South African and Namibian waters in southwest Africa.   With the planned campaign offshore South Africa, which still needs environmental authorization, the French supermajor looks to tap potentially more resources in the Orange Basin, after making a substantial discovery, Venus, in the same basin offshore Namibia.  “We have some attractive licenses just across the border and we have actually two or three prospects,…

TotalEnergies is proposing to drill up to 7 exploration wells offshore South Africa, in the Orange Basin straddling South African and Namibian waters in southwest Africa.   With the planned campaign offshore South Africa, which still needs environmental authorization, the French supermajor looks to tap potentially more resources in the Orange Basin, after making a substantial discovery, Venus, in the same basin offshore Namibia.  “We have some attractive licenses just across the border and we have actually two or three prospects,…

El presidente de Venezuela, Nicolás Maduro, respondió este lunes a las amenazas provenientes de autoridades estadounidenses con un firme mensaje: "No se atrevan a agredir a Venezuela, porque la reacción podría significar el inicio del declive del imperio norteamericano". Estas declar...

Global oil demand is set to grow by 1.38 million barrels per day (bpd) in 2026, OPEC said on Tuesday as it raised its forecast for next year by 100,000 bpd on the back of expected stronger economies in key oil-consuming regions.  In its closely-watched monthly report out of Tuesday, OPEC said that the upward revision for 2026 was “on the back of expected better economic performance in OECD America, OECD Europe, as well as the Middle East and Africa.”  The cartel left its demand growth estimate for this year unchanged at 1.29…

Este lunes 11 de agosto, las autoridades del Tribunal Supremo de Justicia, repudiaron y rechazaron de manera categórica

Con el mensaje #Venezuela: "Preocupación por la detención de Martha Lía Grajales de @SurgentesDDHH , reportada por organizaciones en el país al finalizar un acto de solidaridad f...

The world’s biggest sovereign wealth fund, Norway’s $1.9 trillion oil fund, cut its equity stakes in the biggest international oil and gas companies in the first half of the year as oil prices fell.    Government Pension Fund Global, which is commonly referred to as ‘Norway’s oil fund’ because it was created with oil and gas revenues, is a shareholder in many large companies in the world, including Big Oil.  Government Pension Fund Global, as the Norwegian fund is officially known, trimmed its stake…

Este martes, prevén c...

Sinochem has delivered its first cargo of Middle East crude as the Chinese state-owned energy and chemicals giant looks to boost its oil trading business in Asia, Reuters reported on Tuesday, citing trade sources.    Sinochem delivered a cargo of Oman crude for October loading to commodity trading giant Trafigura during the S&P Global Platts Market on Close process on Monday, according to Reuters’ sources.   The Market on Close process, or window, is used by Platts to set the daily price of the Dubai benchmark,…

12-08-25.-La Asociación de Profesores de la Universidad Central de Venezuela (APUCV) informó que el salario de un profesor universitario en agosto de 2025, oscila entre US$ 1 y US$ 4 al mes. La tabla publicad...

12-.08-25.-A propósito del aumento de la recompensa de Estados Unidos contra el presidente Nicolás Maduro, el economista José Guerra dijo este lunes que “ponerle precio a la cabeza de un ciudadano en el mundo es el método menos civilizado para resolver un conflicto”. Durante una entrevista realiz...

12-08-25.-El ministro de Interior, Justicia y Paz, Diosdado Cabello, informó que las investigaciones del Servicio Bolivariano de Inteligencia Nacional (Sebin) permitieron localizar un nuevo lote de explosivos en el oriente del país. "Encontramos, gracias a los trabajos de inteligencia, en este ca...

The world’s biggest coal exporter, Indonesia, is looking to diversify in more Asian markets as it faces declining import demand from the top regional – and global – buyers, China and India.   Indonesian coal exporters want to grow their sales on the markets in the Association of Southeast Asian Nations (ASEAN), as well as south Asian importers Bangladesh and Pakistan which struggle to keep up with rising power demand, Fathul Nugroho, vice chair of the Association of Indonesian Energy, Mineral, and Coal Suppliers (Aspebindo),…

12-08-25.-Al comentar sobre la decisión del presidente estadounidense Donald Trump de reunirse con el presidente ruso Vladimir Putin en Alaska el 15 de agosto, el presidente ucraniano Volodímir Zelenski declaró el sábado que Ucrania no podía violar su constitución en cuestiones territoriales, y añad...

12-08-25.-En la Cámara de Diputados de la Nación, un grupo de legisladores del Frente de Izquierda presentó un proyecto de resolución para expresar su rechazo a la persecución y criminalización de la protesta en Venezuela y exigir la liberación de la activista de derechos humanos Marta Lia Grajales,...

12-08-25.-La batalla por el control de PDV Holding, matriz de Citgo Petroleum, entra en su fase decisiva. Filiales de la minera Gold Reserve y del gigante de comercio de materias primas Vitol compiten cabeza a cabeza en una subasta judicial en Delaware que definirá el futuro del activo más valioso d...