Saudi Aramco shut its 400,000-barrel-per-day Jazan refinery on July 27 after a Houthi attack damaged the facility, according to an IIR note seen by Reuters. IIR said the strike damaged the refinery’s Integrated Gasification Combined Cycle complex and tank farm. Repairs are tentatively expected to be completed by August 15. Tentatively is doing some fairly heroic work there. The attack took place Saturday, and video verified by Reuters showed a large plume of smoke rising from the refinery. Houthi military spokesman Yahya Saree said the group…

At the beginning of Donald Trump’s first term as U.S. President in 2017, a senior White House official commented off-the-record to OilPrice.com that: “We’re not going to put up with any more crap from the Saudis.” The comment had followed the end of the 2014-2016 Oil Price War that had seen the Kingdom rally its fellow OPEC members to ramp up their collective oil production in order to crash oil prices to cause the bankruptcy of as many American shale oil producers as possible, as analysed in depth in my latest book…

Una persona murió y más de un centenar resultaron heridas tras un fuerte terremoto de magnitud 7,1 en el suroeste de Japón, que provocó el colapso de varios edificios, entre ellos en un centro comercial donde se teme que "muchas personas" estén atrapadas. Según la cadena de televisi...

Investment in defence tech start-ups has reached a record high this year as the world’s biggest arms companies step up spending on new military technology. New figures from Dealroom show defence contractors including BAE Systems, Lockheed Martin and Airbus have participated in $4.1bn (£3bn) of venture capital funding rounds so far this year, the highest figure on record. Meanwhile, separate research from White & Case found 42 defence mergers and acquisitions were completed globally in the first half of 2026, up 56 per cent from…

Daniela Villarroel prefería quitarse las botas y el uniforme en el jardín. Quería evitar que las estancias de su casa quedaran impregnadas del olor a muerte que la acompañaba después de buscar sobrevivientes del doble terremoto en Venezuela. Antes de acariciar a sus perros, se sacud...

The European Union could save a lot on LNG imports by 2030 if it achieves its heat pump, solar, and wind installation targets…so much so that the bloc could save twice the gas it imports from Qatar, the Institute for Energy Economics and Financial Analysis (IEEFA) said on Tuesday. IEEFA, which advocates for an accelerated energy transition, estimates that heat pump deployment and increased solar and wind generation reduced the EU's natural gas demand by 8.8 bcm in 2024. That's equivalent to about two-thirds of EU imports of Qatari LNG that…

Trump's latest comments cooled oil prices, but talks over ending the Strait of Hormuz blockade could prove far more consequential. Hedge Funds Pile Back into Oil as Chokepoint Risks Return - The signing of the US-Iran Memorandum of Understanding triggered one of the largest hedge fund sell-offs for crude futures and options, however the closure of the Strait of Hormuz (and now of Bab el-Mandeb) has made bullishness in vogue again.   - Net positions held by hedge funds and other money managers in ICE Brent futures and options rebounded…

El presidente de Estados Unidos, Donald Trump, aseguró este lunes durante una conversación con periodistas a bordo del avión presidencial Air Force One que su administración está recibiendo "miles de millones y miles de millones de dólares" provenientes de Venezuela, al tiempo que af...

Las operaciones en el Aeropuerto Internacional Simón Bolívar de Maiquetía se restablecerán de forma parcial. La reapertura ocurrirá en un lapso estimado entre 10 y 12 semanas. Así lo informó este lunes el ministro del Poder Popular para el Transporte, Francisco Garcés. Los trabajos avanzan en ...

Laura Luengo Mata llegó hasta una rotonda y ahí se terminó el camino. Agentes de la Guardia Civil le cerraron el paso: el pueblo estaba evacuado, nadie podía entrar. Ella les explicó que del otro lado, en su santuario, quedaban 200

Tata Power, one of India’s biggest integrated power utilities, plans to build its first nuclear power plant by 2032 as the country opens the civil nuclear sector to private companies, CEO Praveer Sinha told Bloomberg Television in an interview on Tuesday. “What we can expect is that early part of 2028 we will start possibly the construction activity,” Sinha told Bloomberg. “We are targeting that 2032-2033, we will have the first of the nuclear plants ready in the private sector,” the executive added. Tata Power, which…

Tata Power, one of India’s biggest integrated power utilities, plans to build its first nuclear power plant by 2032 as the country opens the civil nuclear sector to private companies, CEO Praveer Sinha told Bloomberg Television in an interview on Tuesday. “What we can expect is that early part of 2028 we will start possibly the construction activity,” Sinha told Bloomberg. “We are targeting that 2032-2033, we will have the first of the nuclear plants ready in the private sector,” the executive added. Tata Power, which…

Tata Power, one of India’s biggest integrated power utilities, plans to build its first nuclear power plant by 2032 as the country opens the civil nuclear sector to private companies, CEO Praveer Sinha told Bloomberg Television in an interview on Tuesday. “What we can expect is that early part of 2028 we will start possibly the construction activity,” Sinha told Bloomberg. “We are targeting that 2032-2033, we will have the first of the nuclear plants ready in the private sector,” the executive added. Tata Power, which…

Los movimientos telúricos registrados en el país el pasado 24 de junio de 2026 no solo dejaron un lamentable balance en pérdidas humanas y daños residenciales, sino que asestaron un duro golpe a la memoria histórica de la nación. Un diagnóstico preliminar publicado por la organizaci...

President Volodymyr Zelensky met British Prime Minister Andy Burnham on July 27 as he kicked off a key week of talks with officials around the world to bolster Ukraine's defenses amid a rising civilian death toll from Russian air strikes back home. Zelensky became the first foreign leader hosted by Burnham since he took office one week ago following the resignation of fellow Labour Party member Keir Starmer. The two leaders met at the Portsmouth Naval Base on England's southern coast as Burnham pledged his country's "unwavering" support for Kyiv…

WASHINGTON (IPS) Estados Unidos y Ecuador profundizan su cooperación en materia de seguridad en un contexto marcado por graves violaciones de derechos humanos cometidas por fuerzas ecuatorianas, denunció

El Aeropuerto Internacional Simón Bolívar de Maiquetía prevé retomar progresivamente las operaciones comerciales a partir del 24 de agosto, una vez culminen los trabajos de reasfaltado de la pista 10 Derecha/28 Izquierda, la única habilitada para operaciones aeronáuticas tras el doble terremot...

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The spike in oil prices and slowing private investments have been weighing on India’s economic growth, which is now seen at 6.6% in the fiscal year to March 2027, a full percentage-point drop from the 7.7% GDP growth in the prior fiscal year, a Reuters poll of economists showed on Tuesday. Nearly three dozen economists were surveyed between July 21 and 27 for the poll, in which some experts flagged weaker real economic activity than the headline figures have suggested in the past five months since the Middle East crisis erupted. The Indian…