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Russia’s Security and Trade Blocs Show Signs of Fracturing

Oil news - Wed, 07/01/2026 - 21:00
The signs are multiplying that Vladimir Putin’s powers of coercion are rapidly fading, and his chief instruments of regional leverage are dissolving. Not only have Ukrainian drones put Russian forces on their heels in the two countries’ long-running conflict, but they are also threatening to tear apart the Collective Security Treaty Organization (CSTO), Moscow’s version of NATO. Meanwhile, the Kremlin’s failure to prevent the reelection of Putin’s nemesis in Armenia, Prime Minister Nikol Pashinyan, is helping to expose…
Categories: Oil news

Decreto de duelo y vigilia nacional tras la catástrofe del doblete sísmico en Venezuela

Apporea noticias - Wed, 07/01/2026 - 20:43
CARACAS — En una respuesta institucional de máxima solemnidad ante la magnitud de la tragedia, el gobierno de Venezuela ha decretado oficialmente siete días de duelo y vigilia nacional en todo el territorio de la República. La medida oficial entró en vigor de manera formal a partir de la...
Categories: Venezuelan news

KKR Makes Largest Ever Clean Energy Investment With $4.2B EDF Purchase

Oil news - Wed, 07/01/2026 - 20:30
Global investment firm KKR has agreed to acquire EDF Power Solutions North America in a landmark $4.2-billion deal, marking the largest single renewable energy investment in the company’s history. The purchase gives KKR immediate control of one of North America’s largest clean power portfolios, adding more than 5.6 gigawatts of operating wind, solar, and battery storage assets as investors race to secure electricity generation for AI data centers and other fast-growing sources of power demand. The acquisition instantly makes KKR one…
Categories: Oil news

KKR Makes Largest Ever Clean Energy Investment With $4.2B EDF Purchase

Oil news - Wed, 07/01/2026 - 20:30
Global investment firm KKR has agreed to acquire EDF Power Solutions North America in a landmark $4.2-billion deal, marking the largest single renewable energy investment in the company’s history. The purchase gives KKR immediate control of one of North America’s largest clean power portfolios, adding more than 5.6 gigawatts of operating wind, solar, and battery storage assets as investors race to secure electricity generation for AI data centers and other fast-growing sources of power demand. The acquisition instantly makes KKR one…
Categories: Oil news

(VIDEOS) Alerta roja: Venezuela no quiere a comisiones de rescate israelíes en el país, ¡Fuera de Venezuela!

Apporea noticias - Wed, 07/01/2026 - 20:00
Tras el despliegue de ayuda internacional a consecuencia del doblete sísmico de magnitudes 7,2 y 7,5 ocurrido en la franja costera de Venezuela ha abierto un encendido e inmediato alerta roja y debate político en el país. Mientras miles de rescatistas e instituciones globales llegan al país ca...
Categories: Venezuelan news

Putin Admits Shortage of Fuel After Weeks of Refinery Strikes

Oil news - Wed, 07/01/2026 - 20:00
Russia has confirmed its government is currently in negotiations with other countries to purchase gasoline while desperately seeking to stabilize its domestic market after months drone mayhem out of Ukraine. "Discussions are actively being held," Kremlin spokesman Dmitry Peskov said at a press briefing Tuesday, though without specifying which countries. "If agreements can be reached at acceptable price points, then [imports] will move forward," he added. The development is surprising given that Russia remains the world's second-largest crude oil…
Categories: Oil news

146 venezolanos ''repatriados'' por Trump desde EEUU, entre las víctimas del doble terremoto

Apporea noticias - Wed, 07/01/2026 - 19:34
CARACAS / LA GUAIRA — Las luces del sector costero de Macuto, en el estado La Guaira, enmarcan las ruinas de lo que hasta hace una semana era uno de los sitios de hospedaje más importantes de Macuto, el Hotel Eduard's. El pasado miércoles 24 de junio, los pasillos y habitaciones de l...
Categories: Venezuelan news

BCV: reservas internacionales en $13.998 millones

Apporea noticias - Wed, 07/01/2026 - 19:31
1 de julio de 2026.- Las reservas internacionales del país cerraron en 13.998 millones de dólares al término del 26 de junio, lo cual representa un incremento de 9,23% en relación con la semana anterior, cuando se ubicó en 12.815 millones, según datos del Banco Central de Venezuela. De igual mane...
Categories: Venezuelan news

Ukraine’s Drone Campaign Forces Russia to Buy Gasoline From India

Oil news - Wed, 07/01/2026 - 19:30
Russia has started importing refined fuel from India by sea in a bid to mitigate critical domestic fuel shortages triggered by sustained Ukrainian drone attacks on its energy infrastructure. In an exclusive Reuters report, industry sources revealed that an initial shipment of at least 60,000 metric tons (510,000 barrels) of gasoline has been dispatched from India via two tankers destined for Russian ports.  Ukrainian drone strikes have knocked offline roughly 30% of Russia’s oil refining capacity, pushing domestic refining throughput…
Categories: Oil news

Ukraine’s Drone Campaign Forces Russia to Buy Gasoline From India

Oil news - Wed, 07/01/2026 - 19:30
Russia has started importing refined fuel from India by sea in a bid to mitigate critical domestic fuel shortages triggered by sustained Ukrainian drone attacks on its energy infrastructure. In an exclusive Reuters report, industry sources revealed that an initial shipment of at least 60,000 metric tons (510,000 barrels) of gasoline has been dispatched from India via two tankers destined for Russian ports.  Ukrainian drone strikes have knocked offline roughly 30% of Russia’s oil refining capacity, pushing domestic refining throughput…
Categories: Oil news

Ukraine’s Drone Campaign Forces Russia to Buy Gasoline From India

Oil news - Wed, 07/01/2026 - 19:30
Russia has started importing refined fuel from India by sea in a bid to mitigate critical domestic fuel shortages triggered by sustained Ukrainian drone attacks on its energy infrastructure. In an exclusive Reuters report, industry sources revealed that an initial shipment of at least 60,000 metric tons (510,000 barrels) of gasoline has been dispatched from India via two tankers destined for Russian ports.  Ukrainian drone strikes have knocked offline roughly 30% of Russia’s oil refining capacity, pushing domestic refining throughput…
Categories: Oil news

Saudi Aramco Slashes July LPG Prices as Global Supply Swells

Oil news - Wed, 07/01/2026 - 19:30
Saudi Arabia and Algeria have officially cut selling prices for liquefied petroleum ‌gas (LPG) for the month of July amid increased global market supply. Saudi Aramco, Saudi Arabia’s national oil company, has lowered its official selling prices (OSPs) for a metric ton of propane by $180 to $580 per ton and by $220 to $600 per ton for butane while Sonatrach, Algeria’s state-owned oil producer, has lowered July OSPs for propane by $57/ton to $518 and and for butane by $10/ton to $600, according to Reuters reporting on Wednesday.…
Categories: Oil news

Europe’s Nuclear Ambitions Drive New Interest in Italian Uranium Exploration

Oil news - Wed, 07/01/2026 - 19:00
A firm planning to mine uranium in northern Italy has drawn up plans for a London float as it seeks to capitalise on renewed interest in nuclear technology. Reveille Resources, which will be operated by Ippolito Ingo Cattaneo alongside his father, Andrea Cattaneo, is preparing to join London’s small-cap Aquis exchange as soon as this week. The firm said its initial focus will be on two historical uranium deposits in Lombardy, northern Italy, known as Novazza and Val Vedello, for which licence applications were submitted last year. Evidence…
Categories: Oil news

Renewables Hit Record 58% Share of Germany's Power Consumption

Oil news - Wed, 07/01/2026 - 18:30
Renewable energy accounted for a record-high 58% of Germany’s electricity consumption in the first half of 2026, up from 55.8% for the same period last year, the latest estimates by industry associations ZSW and BDEW showed on Wednesday. Germany is looking to boost its solar and wind power generation sectors with ambitious goals and legislative changes to ease and streamline the permitting processes. Europe’s biggest economy has a target to install 10 gigawatts (GW) of wind power capacity every year to have renewables account for 80%…
Categories: Oil news

Renewables Hit Record 58% Share of Germany's Power Consumption

Oil news - Wed, 07/01/2026 - 18:30
Renewable energy accounted for a record-high 58% of Germany’s electricity consumption in the first half of 2026, up from 55.8% for the same period last year, the latest estimates by industry associations ZSW and BDEW showed on Wednesday. Germany is looking to boost its solar and wind power generation sectors with ambitious goals and legislative changes to ease and streamline the permitting processes. Europe’s biggest economy has a target to install 10 gigawatts (GW) of wind power capacity every year to have renewables account for 80%…
Categories: Oil news

Afirman que las réplicas pueden mantenerse de dos a tres meses

Apporea noticias - Wed, 07/01/2026 - 18:11
Una fuerte réplica volvió a poner en alerta a la población la mañana de este lunes, al registrarse un movimiento telúrico de moderada intensidad. Según fuentes oficiales, el temblor, que alcanzó una magnitud de 5.1, se convirtió en uno de los más percibidos por los ciudadanos hasta ahora. ...
Categories: Venezuelan news

Dólar oficial se aceleró en mayo y junio para subir 108,97% en el primer semestre y 478,89% interanual

Apporea noticias - Wed, 07/01/2026 - 18:06
El valor oficial del dólar iniciará este miércoles 1 de julio en 633,36 bolívares, con un incremento interdiario de 1,66%. En junio, la cotización oficial de la divisa estadounidense registró un aumento mensual de 13,41%. La cotización oficial vigente del dólar terminó junio en 623,...
Categories: Venezuelan news

EIA: U.S. Crude Inventories Post Another Major Draw

Oil news - Wed, 07/01/2026 - 17:47
Crude oil inventories in the United States decreased by 3.8 million barrels during the week ending June 26, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday. The decrease brings commercial stockpiles to 408.4 million barrels, according to government data, which is now 7% below the five-year average for this time of year. The EIA’s data release follows API’s figures that were released a day earlier, which reported that crude oil inventories saw a draw of 6.072 million barrels in the period.…
Categories: Oil news

Japan's Biggest LNG Buyer Creates Standalone Trading Arm

Oil news - Wed, 07/01/2026 - 17:30
Japan’s JERA is creating a wholly-owned subsidiary to develop and manage its LNG, upstream, low-carbon fuels, and shipping businesses, the biggest Japanese LNG importer and largest power producer said on Wednesday. The new company, JERA Global Energy Solutions (JERA GES), will be the Japanese utility giant’s response to increasingly volatile and complex energy markets. JERA GES will be a vertically integrated LNG company which can quickly respond to the market needs while maintaining security of supply for Japan as its highest priority,…
Categories: Oil news

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