Feed aggregator
Oil Prices Tick Higher as Markets Balance Geopolitics and Demand
Oil prices made a modest recovery as June closed and July began, giving investors something to watch after weeks of sharp ups and downs. West Texas Intermediate (WTI) crude rose by $1.68, or about 2.5%, to end at $67.20 per barrel, reflecting a market that shifted from bearish to cautiously optimistic. Middle East Tensions Ease, but Risks Remain One of the main reasons for the recent swings in oil prices was the tension between Israel and Iran. In June, Israel launched air strikes on Iranian nuclear sites, a rare move that raised concerns about…
Categories: Oil news
Trade Deals in the Spotlight as Tariff Deadline Looms
Politics, Geopolitics & Conflict Washington is shifting from enforcement to diplomacy where it concerns China’s purchases of Iranian oil. Trump has decided to tolerate record Chinese imports of Iranian crude (now above 1.8?million?bpd) while using selective sanctions and diplomatic channels to manage the flows. Trump has signaled Beijing is free to keep buying, as long as it increases U.S. crude intake in return. With the July 9 tariff deadline looming, the U.S. has struck its first bilateral deal, cutting a tariff agreement with Vietnam…
Categories: Oil news
Geopolitical Tensions Shift to the Red Sea
The temperature has dropped noticeably on the Iran-Israel-U.S. front. What dominated headlines with shock and awe just two weeks ago is now receding into the background, replaced not by resolution, but by a quieter, more calculated equilibrium. Iran’s missile strike on Al Udeid was the loudest part of this cycle, but it was a fleeting burst of noise. What’s followed has been strategic restraint. No follow-up barrage, no mass mobilizations, no new sanctions of major consequence. On the U.S. side, the administration seems content to leave…
Categories: Oil news
Saudi Aramco Could Raise $4 Billion From Power Plant Sales
Under pressure to increase payouts to Saudi Arabia, the Kingdom’s state oil giant Aramco is considering selling up to five gas-fired power plants in deals that could raise some $4 billion, sources familiar with the plans told Reuters on Friday. Aramco has seen profits – and payouts to the Kingdom – decline this year with the slide in oil prices compared to last year’s levels. Saudi Arabia relies on income from oil exports and Aramco’s dividend payouts to finance an ambitious Vision 2030 program, with which the Saudi…
Categories: Oil news
"Buscan atentar contra el pueblo": FBI y oposición están detrás de 'fake news' contra Venezuela e Irán
El 1 de julio, el ministro del Poder Popular para Relaciones Interiores, Justicia y Paz, Diosdado Cabello, denunció la existencia de un plan para crear un falso positivo que relacionase al Gobierno venezolano con acciones terroristas, presuntamente coordinadas con Irán, contra Estados Unidos.
Categories: Venezuelan news
Venezuela y China celebrarán 51 años de amistad con gran mega feria
En el marco de la conmemoración del 51.º aniversario del establecimiento de relaciones diplomáticas entre la República Bolivariana de Venezuela y la República Popular China, se realizará en el país la Gran Expo China-Venezuela “Construyendo un Futuro Espléndido” que se celebra...
Categories: Venezuelan news
(VIDEO) Conozca el caso de Gladys Caricote, la venezolana a la que EEUU le arrebató sus 3 hijos
Gladys Caricote es otra madre venezolana a la que Estados Unidos (EEUU) le arrebató a sus 3 hijos tras su deportación arbitraria de suelo norteamericano. Este caso se une a una lamentable lista de situaciones similares, todas ellas consecuencias directas de las políticas antiinmigratorias impu...
Categories: Venezuelan news
Head of Brazil Climate Summit Defends Petrobras Oil Output Hike
The president-designate of this year’s climate summit in Brazil played down accusations from campaigners that the South American country’s plans to boost oil and gas production is in conflict with the drive to reach net zero. “We are thinking of a ‘net zero’ that incorporates some years continuing to use oil,” André Corrêa do Lago, president-designate for the UN Climate Change Conference (COP30) in November told the Financial Times in an interview published on Friday. The pledge for transitioning…
Categories: Oil news
(VIDEO) Padrino López: EEUU usa todas sus fuerzas para evitar la consolidación de un orden mundial multipolar
El ministro de la Defensa, Vladimir Padrino López, denunció que "el imperialismo estadounidense está utilizando toda su fuerza y mecanismos para evitar la consolidación de un nuevo orden mundial multipolar".
A través de la red social Instagram, Padrino aseguró que por esta...
Categories: Venezuelan news
OPEC Set to Move Up Meeting to July 5 and Hike Output Again
The OPEC+ producers unwinding their oil production cuts may bring forward their meeting to Saturday instead of on Sunday, with another accelerated output hike likely to be agreed, delegates and sources from the group tell various news outlets ahead of the weekend. The eight OPEC+ members, which have been cutting production and are now returning supply to the market in monthly increments, may bring forward the meeting to July 5 from July 6, as it was originally planned, delegates from the group told Argus Media. The potential change in plans follows…
Categories: Oil news
(AUDIO) Cielo nublado con precipitaciones para este viernes en gran parte del territorio nacional
Venezuela amanece este viernes con nubosidad fragmentada en gran parte del país con desarrollo de precipitaciones y actividad eléctrica en áreas de Bolívar, Amazonas, Monagas, Anzoátegui, Gran Caracas, Aragua, Guárico, Cojedes, Barinas, Apure, Portuguesa, Falcón y Zulia.
Categories: Venezuelan news
UK Launches Onshore Wind Strategy to Boost Clean Power Output
The UK government is launching its first onshore wind strategy, aiming to deliver up to 29 gigawatts (GW) of onshore wind power by the end of the decade. In the newly minted Onshore Wind Taskforce Strategy, the UK has set out more than 40 steps government and industry will take to help deliver the goal. That includes driving ambitious reforms to planning, grid connections, and routes to market, while building the supply chains and skilled workforce the UK needs. Last year, the UK removed the de facto ban on onshore wind in England, in place since…
Categories: Oil news
(VIDEO) Venezuela y Colombia revisan la agenda energética bilateral
Este jueves, la ministra de Hidrocarburos, Delcy Rodríguez, se reunió con el ministro de Minas y Energía de Colombia, Edwin Palma revisaron la agenda bilateral energética y otros temas de interés común como explorar nuevas oportunidades de cooperación en materia de hidrocarburos.
Du...
Categories: Venezuelan news
Comité por la Libertad de los Presos Políticos respalda al Alto Comisionado: "Ha sido una voz crucial para visibilizar impunidad"
04-07-25.-El Comité por la Libertad de los Presos Políticos rechazó este jueves las «amenazas» contra el Alto Comisionado de Naciones Unidas para los Derechos Humanos, Volker Türk, y su oficina en el país, luego de que el funcionario de la ONU fuese declarado «persona no grata» por la Asamblea Nacio...
Categories: Venezuelan news
13 entidades públicas deben transferir 70% de sus ingresos propios a fondo de obras comunitarias
04-07-25.-El gobierno nacional ordenó a un grupo de 13 instituciones públicas que entreguen 70% de los ingresos que perciban «por concepto de contribuciones parafiscales, aportes, tarifas, comisiones, recargos y precios públicos al Servicio Desconcentrado FONDO ESPECIAL CIUDAD HUMANA«, como parte de...
Categories: Venezuelan news
Wildfires Cripple Alberta’s Oil Production
Oil production from Canada’s oil heartland, Alberta, slumped to a two-year low in May as wildfires in the province and maintenance on some oil sands operations dragged oil output to a two-year low. Alberta produced on average 3.61 million barrels per day (bpd) of crude oil in May, according to provincial data cited by Bloomberg. Output plunged by 397,000 bpd from April, and stood at the lowest level since May 202 Production at oil sands projects plummeted by 384,000 bpd, to the lowest level seen in over four years, according to the data.…
Categories: Oil news
Oscar Figuera (PCV): “Respetamos lo que el PC chileno piensa, pero no lo compartimos y les llamamos a reflexionar”
04-07-25.-El dirigente, opositor a Nicolás Maduro, señala que en Venezuela se "secuestra a dirigentes sociales y políticos" que tienen "opiniones distintas al gobierno", y en ese sentido, cuestionó que el colectivo chileno no reconozca estas violaciones a los derechos humanos.
Categories: Venezuelan news
(VIDEO) Venezolana suplica desde una cárcel en Texas que la deporten con su hijo: fue arrestada en abril
04-07-25.-Una madre venezolana residente en Houston ha hecho un emotivo llamado para evitar su deportación sin antes ser reunida con su hijo de 13 años. Yusmari Galindez, de 27 años, fue detenida en abril por agentes de inmigración y aduanas (ICE) tras una infracción de tránsito y desde entonces per...
Categories: Venezuelan news
Provea denuncia que cinco defensores de DDHH están "encarcelados injustamente" en Venezuela
04-07-25.-La ONG Provea aseguró este jueves que al menos cinco defensores de derechos humanos están «encarcelados injustamente» en Venezuela y exigió al Estado liberar «inmediatamente a todas estas personas, garantizar juicios justos, el contacto con familiares y asistencia legal», así como «cumplir...
Categories: Venezuelan news
Australia Backs Green Hydrogen Project as Industry Struggles
Australia’s government is supporting with grant funding the development of a green hydrogen project in the country, which has recently seen setbacks in the sector with major projects canceled or halted. Australia, via the Hydrogen Headstart Program of Australian Renewable Energy Agency (ARENA), will back Orica’s Hunter Valley Hydrogen Hub with grant funding of $283 million (AUS$432 million), the government said on Friday. The Hunter Valley Hydrogen Hub (HVHH) project will produce renewable hydrogen using a 50-megawatt electrolyzer powered…
Categories: Oil news