2024-12-05 Gaceta Oficial 43022 SUMARIO  MINISTERIO DEL PODER POPULAR PARA LA DEFENSA  Resolución que aprueba la Estructura para la Ejecución Financiera del Presupuesto de Gastos del Ministerio del Poder Popular para la Defensa, para el año 2025...

Enhanced Geothermal Systems, or EGS, are quietly transforming how we think about renewable energy, turning one of the Earth’s most underutilized resources—its internal heat—into a reliable and sustainable power source. The DOE Department of Energy (DOE) has estimated that there is approximately 100,000 megawatts of clean, baseload power possible through EGS technology in the United States The beauty of this technology, which extracts thermal energy from deep beneath the surface, is that it is widely applicable, and may be of particular…

Via Metal Miner  The Construction MMI (Monthly Metals Index) held its sideways trend, dropping by a slight 1.09%. Despite a torrent of construction news, the index didn’t budge much month-over-month and had a minimal reaction to recent interest rate drops. The Fed will likely need to drop interest rates more aggressively for the construction index to display any type of significant reaction to this macroeconomic price driver. Despite the lackluster reaction to The Fed’s more recent, dovish stance, the construction market witnessed…

13 de diciembre de 2024.- Las fuerzas de Israel realizaron este viernes varios ataques contra instalaciones del Ejército sirio, reporta Al Mayadeen con referencia a uno de sus corresponsales. De acuerdo con su información, los bombardeos se llevaron a cabo en las provincias de Latakia y Tartús. A...

General Motors is winding down its Cruise robotaxi division, according to a new report from Bloomberg.  GM's exit from the market leaves Google's Waymo and Tesla as the two main names in autonomous driving. The division "proved costly and full of reputational pitfalls" for General Motors, the report said. GM and Cruise will merge technical teams to focus on autonomous tech for future GM vehicles, halting robotaxi development due to high costs and stiff competition, the company announced Tuesday. This marks a significant shift after Cruise…

13 de diciembre de 2024.- El embajador de Venezuela en China, Remigio Ceballos, entregó Cartas Credenciales al presidente chino Xi Jinping, en un solemne acto celebrado en el Gran Palacio del Pueblo, en la ciudad de Beijing. Unos 28 embajadores, presentaron el documento oficial en la ceremonia do...

China, the world’s heavyweight oil consumer, has officially hit its peak. According to CNPC’s Economics & Technology Research Institute, the country’s refined oil consumption maxed out in 2023 at 399 million metric tons (roughly 8 million barrels per day) and is set to decline by 1.3% in 2024. For an economy that’s been a relentless driver of global oil demand for decades, this news is striking. As for the reasons behind the shift, they can be chalked up in part to electric vehicles, which are taking over Chinese roads.…

China, the world’s heavyweight oil consumer, has officially hit its peak. According to CNPC’s Economics & Technology Research Institute, the country’s refined oil consumption maxed out in 2023 at 399 million metric tons (roughly 8 million barrels per day) and is set to decline by 1.3% in 2024. For an economy that’s been a relentless driver of global oil demand for decades, this news is striking. As for the reasons behind the shift, they can be chalked up in part to electric vehicles, which are taking over Chinese roads.…

Es 13 de diciembre, mes 12 del 2024. Es el día úmero 348 del año (bisiesto) y faltan 18 días para su terminación, pues tiene 366 días. Hoy es viernes. Los años bisiestos se presentan cada cuatro años en los que se añade un día más a febrero (29 F) y el año es de 366 días....

13 de diciembre de 2024.- El presidente de la República inauguró la Universidad para las Ciencias Dr. Humberto Fernández Morán, ubicada en la sede del IVIC en el estado Miranda. “La entregamos a la juventud genial y que muestra sus capacidades al mundo”, expresó. Recordó que la Universidad se ina...

13 de diciembre de 2024.- François Bayrou, centrista de 73 años y líder del partido Movimiento Demócrata (MoDem), fue nombrado como nuevo primer ministro de Francia, informan desde el Palacio del Elíseo. Bayrou ejerció como ministro de Educación y fue candidato presidencial en las elecciones de 2002...

The total number of active drilling rigs for oil and gas in the United States stayed the same this week, according to new data that Baker Hughes published on Friday, after rising in the week prior. The total rig count remained flat at 589 total rigs, according to Baker Hughes, down 34 from this same time last year. The number of oil rigs stayed the same at 482—down by 19 compared to this time last year. The number of gas rigs rose by one rig, landing at 103, a loss of 16 active gas rigs from this time last year. Miscellaneous rigs fell by…

Hungary and Bulgaria are in a bind. With U.S. sanctions hitting Gazprombank—the go-to middleman for Russian gas payments—the two are scrambling to figure out how to keep the gas moving without breaking the rules. Hungarian Foreign Minister Peter Szijjarto claims they have cracked the code with a “legal-financial solution.” Meanwhile, Bulgaria is keeping its cards close to the vest, simply saying they’ve discussed an “option” that could work for everyone. For Hungary, Russian gas is a lifeline they’re…

Hungary and Bulgaria are in a bind. With U.S. sanctions hitting Gazprombank—the go-to middleman for Russian gas payments—the two are scrambling to figure out how to keep the gas moving without breaking the rules. Hungarian Foreign Minister Peter Szijjarto claims they have cracked the code with a “legal-financial solution.” Meanwhile, Bulgaria is keeping its cards close to the vest, simply saying they’ve discussed an “option” that could work for everyone. For Hungary, Russian gas is a lifeline they’re…

Hungary and Bulgaria are in a bind. With U.S. sanctions hitting Gazprombank—the go-to middleman for Russian gas payments—the two are scrambling to figure out how to keep the gas moving without breaking the rules. Hungarian Foreign Minister Peter Szijjarto claims they have cracked the code with a “legal-financial solution.” Meanwhile, Bulgaria is keeping its cards close to the vest, simply saying they’ve discussed an “option” that could work for everyone. For Hungary, Russian gas is a lifeline they’re…

13 de diciembre de 2024.- El Servicio Administrativo de Identificación, Migración y Extranjería (Saime) anunció el pasado jueves que se habilitaron cinco nuevas oficinas para la atención de ciudadanos extranjeros que residen en Venezuela. «Desde este 12 de diciembre todos los ciudadanos extranjeros ...

The energy sector has endured yet another lackluster year, with the S&P 500 Energy Sector having returned 7.1% in the year-to-date, the fourth lowest among the 11 market sectors in the S&P 500. Both Oil & Gas as well as renewable energy stocks have underperformed, with the Energy Select Sector SPDR Fund (NYSEARCA:XLE), the famous oil and gas benchmark, having gained 7.3% YTD compared to -22.6% return by the iShares Global Clean Energy ETF (NASDAQ:ICLN) and 27.6% by the S&P 500. Unfortunately, both fossil fuel and clean energy sectors…

12 de diciembre de 2024.- La Guardia Nacional Bolivariana (GNB) detuvo a dos personas que transportaban material de guerra, según reportes. Tales detenciones se realizaron en las entidades fronterizas de Táchira y Zulia. En el punto de atención al ciudadano ubicado en Capacho (Táchira), los milit...

Trafigura saw its net profit for the financial year 2023/2024 ended on September 30 plunge by 62% as the commodity trading giant recorded a loss of $1.1 billion related to serious misconduct by individuals in its Mongolian oil business. Trafigura booked a net profit of $2.8 billion for FY2024, down from a $7.3 billion profit in FY2023 and $6.8 billion for FY 2022, the oil and metals trading house said on Friday. The underlying performance was strong, with strong contributions from all three core businesses – Oil and Petroleum Products; Metals,…

Even though Russia’s grand military plans are increasingly failing, as seen in Syria and the developments in Ukraine, leaving Putin’s grand strategy in disarray, Western critical infrastructure is currently under an onslaught of Russian hackers. A major report by Cyble Research, dated December 6, indicated that Russian hackers are intensifying their attacks on critical infrastructure, evolving from Distributed-Denial-of-Service (DDoS) attacks and website defacement to tampering with operational technology (OT) controls on critical systems.…