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Libya’s Rival Govt Draws Up $13B Budget Amid Oil Revenue Clash

Oil news - Thu, 06/05/2025 - 22:30
Libya's eastern-based parliament has approved a 69 billion Libyan dinar ($12.7 billion) budget for its Development and Reconstruction Fund, overseen by Belgassim Haftar, son of eastern military commander Khalifa Haftar.  The fund is intended to finance infrastructure projects over the next three years, but is sparking major political backlash in the midst of a brewing crisis that has seen armed clashes in Tripoli in May and June, risking all-out civil war.  A group of 113 members of the House of Representatives (HoR) have urged Speaker…
Categories: Oil news

Libya’s Rival Govt Draws Up $13B Budget Amid Oil Revenue Clash

Oil news - Thu, 06/05/2025 - 22:30
Libya's eastern-based parliament has approved a 69 billion Libyan dinar ($12.7 billion) budget for its Development and Reconstruction Fund, overseen by Belgassim Haftar, son of eastern military commander Khalifa Haftar.  The fund is intended to finance infrastructure projects over the next three years, but is sparking major political backlash in the midst of a brewing crisis that has seen armed clashes in Tripoli in May and June, risking all-out civil war.  A group of 113 members of the House of Representatives (HoR) have urged Speaker…
Categories: Oil news

Libya’s Rival Govt Draws Up $13B Budget Amid Oil Revenue Clash

Oil news - Thu, 06/05/2025 - 22:30
Libya's eastern-based parliament has approved a 69 billion Libyan dinar ($12.7 billion) budget for its Development and Reconstruction Fund, overseen by Belgassim Haftar, son of eastern military commander Khalifa Haftar.  The fund is intended to finance infrastructure projects over the next three years, but is sparking major political backlash in the midst of a brewing crisis that has seen armed clashes in Tripoli in May and June, risking all-out civil war.  A group of 113 members of the House of Representatives (HoR) have urged Speaker…
Categories: Oil news

Panamá: convocan a paro general contra ley del seguro

Apporea noticias - Thu, 06/05/2025 - 22:15
5 de junio de 2025.- Gremios docentes y sindicales convocaron para hoy a la ciudadanía a un paro generalizado en Panamá para exigir la derogación de la Ley 462 de la Caja de Seguro Social (CSS). La medida de presión también demanda la liberación de dirigentes de las organizaciones, apresados por ...
Categories: Venezuelan news

Consecuencias de la prohibición del aborto: un caso que evidencia la urgencia de políticas reproductivas en Venezuela

Apporea noticias - Thu, 06/05/2025 - 22:04
5 de junio de 2025.- Una mujer fue condenada a 23 años de prisión por el homicidio de su hija recién nacida, ocurrido el 5 de febrero de 2016 en el estado Mérida. Según la investigación, Yolanda Rujano Bustamante, de 31 años, dio a luz en su vivienda durante la madrugada y, tras cortar el cord...
Categories: Venezuelan news

UK Businesses Struggle with High Energy Costs Due to Net Zero Policies

Oil news - Thu, 06/05/2025 - 22:00
Net zero costs which push up energy prices and “anchor” businesses’ ambitions to grow must end, the boss of the Confederation of British Industry (CBI) will tell government officials at an event in London on Thursday evening.  Rain Newton-Smith, the chief executive of the Confederation of British Industry (CBI), is set to urge the Treasury and Department for Business and Trade to roll out an industrial strategy that tackles high UK energy costs which currently far surpass prices seen in competing economies such as France,…
Categories: Oil news

Bulgaria Set to Join Eurozone in 2026

Oil news - Thu, 06/05/2025 - 22:00
The European Commission has given Bulgaria the go-ahead to join the eurozone single currency region as of January 1, 2026, the country's second major step in just one year on its path to full integration into the European Union. The commission, which met on June 4 to convey its decision on the issue, said Bulgaria fulfils the four nominal convergence criteria that are used to evaluate whether a country is ready for euro adoption. "The euro is a tangible symbol of European strength and unity," said European Commission President Ursula von der Leyen.…
Categories: Oil news

Trasladan al periodista Carlos Marcano al penal de Tocuyito tras días de incertidumbre sobre su paradero

Apporea noticias - Thu, 06/05/2025 - 21:57
El periodista Carlos Marcano, quien fue detenido el 23 de mayo en su residencia por funcionarios de la Policía Nacional Bolivariana, está siendo trasladado este jueves 5 de junio desde Caracas al penal de Tocuyito, en el estado Carabobo. La información fue confirmada por diversas organizacione...
Categories: Venezuelan news

Japan's Refinery Woes Expose Fragile Crude Demand and Supplier Risk

Oil news - Thu, 06/05/2025 - 21:30
Japan’s top refiner, Eneos Corp, has reported an unplanned shutdown at its 77,000 bpd No.3 crude distillation unit (CDU) at the Kawasaki refinery near Tokyo. The outage began June 4 with no timeline given for a restart. While the scale of the disruption is relatively modest in global terms, the implications run far deeper. This is the latest in a string of outages for Eneos—one CDU was just brought back online in Mizushima after planned maintenance, while another in Sakai remains offline until July. But more critically, it reflects…
Categories: Oil news

Venezuela denuncia nueva operación de odio y estigmatización impulsada por EEUU

Apporea noticias - Thu, 06/05/2025 - 21:22
5 de junio de 2025.- El ministro del Poder Popular para Relaciones Exteriores, Yván Gil, informó que Venezuela condena y rechaza de manera categórica la nueva campaña de odio y estigmatización contra el pueblo venezolano, promovida por el gobierno de Donald Trump, al restringir sin ningún tipo de ju...
Categories: Venezuelan news

U.S. Industrial Exports Surge $10.4B in April, Crude Shipments Slip

Oil news - Thu, 06/05/2025 - 20:30
The United States posted a record surge in industrial exports in April, driven by strong global demand for materials such as chemicals, metals, and petroleum byproducts — even as crude oil exports fell by over $1.1 billion, highlighting volatility in energy trade patterns. According to U.S. Census Bureau data released Thursday, total exports of industrial supplies and materials rose by $10.4 billion month-over-month — a key driver behind the U.S. trade deficit narrowing to $74.6 billion. However, crude oil exports, which usually serve…
Categories: Oil news

Campaña internacional exige justicia para Líbano y denuncia crímenes de Israel

Apporea noticias - Thu, 06/05/2025 - 20:23
5 de junio de 2025.- El Movimiento de la Ruta Revolucionaria Alternativa Palestina puso en marcha una campaña internacional que denuncia las agresiones israelíes contra Líbano y exige que los responsables de los crímenes de guerra sean juzgados. La iniciativa surge en respuesta a las reiteradas i...
Categories: Venezuelan news

Energy Promises Fade as Iraq Faces a Long Hot Summer

Oil news - Thu, 06/05/2025 - 20:00
The ambitious plans of Iraqi Prime Minister Al-Sudani to reinvigorate paused agreements and forge new initiatives in the state’s vitality sectors with the world’s energy giants—from Eastern Asia to Europe and the U.S.—were seen as potential drivers for achieving energy independence and rapid development. These moves also seemed to bolster his bid for a second term as Prime Minister. However, recent developments show a difficult road ahead, despite significant steps taken toward his goal. Iraq’s energy infrastructure,…
Categories: Oil news

Una región decidida: soluciones circulares para un planeta sin contaminación por plásticos

Apporea noticias - Thu, 06/05/2025 - 19:23
5 de junio de 2025.- Encontrar residuos plásticos en las playas, márgenes de ríos y carreteras, áreas naturales y calles de las ciudades de nuestra región, se ha vuelto cada vez más frecuente. Es el reflejo de un problema global que va en aumento. Se estima que desde la década de 1950, se han ...
Categories: Venezuelan news

Sustainable Aviation Fuel Faces Uphill Battle To Become Mainstream

Oil news - Thu, 06/05/2025 - 19:00
Sustainable aviation fuel (SAF) is the most promising lever known today to accelerate progress toward a net zero future, says Delta Air Lines. The clean jet fuel, which can be made from used cooking oil, wastes, or plants, reduces carbon dioxide (CO2) emissions by up to 80%, the aviation industry says. However, SAF faces many challenges on the runway to take off. Scale and cost are the two biggest and interconnected challenges for the industry to begin replacing petroleum-based kerosene. High Costs, Low Availability “Unfortunately, there…
Categories: Oil news

Casa Blanca aclara alcance de prohibición de viajes: venezolanos con visas vigentes no serán afectados

Apporea noticias - Thu, 06/05/2025 - 18:49
5 de junio de 2025.- Este jueves, la Casa Blanca publicó una aclaratoria sobre la proclamación de la prohibición de viajes, en la cual explica el alcance de la medida y que aquellas personas con visas ya vigentes no se verán afectadas. (Lea también: Trump prohíbe la entrada a EEUU de venezolanos ...
Categories: Venezuelan news

Canada’s Vermilion Energy Exits U.S.

Oil news - Thu, 06/05/2025 - 18:30
Calgary-based Vermilion Energy Inc. will sell its assets in the United States for $88 million (C$120 million), which will complete its exit from the U.S. and allow it to reduce debt and focus on natural gas assets in Canada and Europe. The assets in the sale consist of about 5,500 barrels of oil equivalent per day boe/d of production, of which 81% is oil and liquids, as well as 10 million barrels of oil equivalent of proved developed producing reserves, Vermilion Energy said on Thursday. Vermilion Energy expects to close the transaction in the…
Categories: Oil news

Canada’s Vermilion Energy Exits U.S.

Oil news - Thu, 06/05/2025 - 18:30
Calgary-based Vermilion Energy Inc. will sell its assets in the United States for $88 million (C$120 million), which will complete its exit from the U.S. and allow it to reduce debt and focus on natural gas assets in Canada and Europe. The assets in the sale consist of about 5,500 barrels of oil equivalent per day boe/d of production, of which 81% is oil and liquids, as well as 10 million barrels of oil equivalent of proved developed producing reserves, Vermilion Energy said on Thursday. Vermilion Energy expects to close the transaction in the…
Categories: Oil news

Canada’s Vermilion Energy Exits U.S.

Oil news - Thu, 06/05/2025 - 18:30
Calgary-based Vermilion Energy Inc. will sell its assets in the United States for $88 million (C$120 million), which will complete its exit from the U.S. and allow it to reduce debt and focus on natural gas assets in Canada and Europe. The assets in the sale consist of about 5,500 barrels of oil equivalent per day boe/d of production, of which 81% is oil and liquids, as well as 10 million barrels of oil equivalent of proved developed producing reserves, Vermilion Energy said on Thursday. Vermilion Energy expects to close the transaction in the…
Categories: Oil news

(VIDEO) Consideran que Venezuela debería cerrar este año con una producción petrolera de 2 millones de barriles diarios

Apporea noticias - Thu, 06/05/2025 - 18:16
El presidente de la Asociación Latinoamericana de Petróleos en Texas, Alejandro Terán, consideró que es necesario incrementar la producción de crudo en el país y llegar a los 2 millones de barriles diarios, con el fin de aumentar el suministro energético mundial y poder abastecer a la comunida...
Categories: Venezuelan news

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