First-quarter earnings at ExxonMobil (NYSE: XOM) topped analyst estimates as higher production in the Permian and offshore Guyana offset part of the lower realizations due to falling oil prices.  Despite the lower earnings compared to a year ago, Exxon expressed confidence that the structural and cost-saving measures of the past few years have prepared it to weather the uncertain market environment.  Exxon reported on Friday first-quarter earnings of $7.7 billion, down from $8.2 billion in the first quarter of 2024. Earnings per share…

Chevron (NYSE: CVX) reported on Friday adjusted earnings for the first quarter in line with analyst estimates as the U.S. supermajor’s downstream business recovered from a loss for the prior quarter. Chevron booked adjusted earnings of $3.8 billion, or $2.18 per share, for the first quarter 2025, down from adjusted earnings of $5.4 billion, or $2.93 per share, for the same period of 2024. Despite the year-over-year slump in profits, the first-quarter EPS was slightly above the $2.16 earnings per share expected by the analyst consensus in…

Este viernes 2 de may...

El presidente de la República Bolivariana de Venezuela, Nicolás Maduro, durante la Gran Marcha por el Día Internacional de los Trabajadores, exigió al gobierno de Estados Unidos, la liberación de la niña Maikelys Espinoza y de los 252 connacionales secuestrados en cárcel de El Salvador.

Indian state-held refiner and fuel retailer Bharat Petroleum Corporation Ltd (BPCL) is in discussions with suppliers to swap a Middle East cargo with liquefied petroleum gas (LPG) with cheaper supply from the United States, the refiner’s head of finance, Vetsa Ramakrishna Gupta, said on Friday. “We are approaching suppliers. We see little bit of opportunity in terms of U.S. LPG. We are expecting a net benefit of $20 to $30 per ton,” Reuters quoted Gupta as telling analysts today.  The U.S.-China trade war has widened the…

02-05-25.-Trabajadores venezolanos se movilizaron este jueves 1 de mayo en diferentes ciudades del país para conmemorar el Día del Trabajador y alzar su voz en demanda de salarios justos y condiciones laborales dignas. Las protestas evidenciaron un profundo rechazo a la política de bonificaciones im...

02-05-25.-Datos difundidos por el Banco Central de Venezuela (BCV) indican que, en los tres primeros meses del año, el Producto Interno Bruto (PIB) reportó un crecimiento del 9,32%, «mayor al registrado en el mismo período de 2024 que alcanzó el 9,13%». La entidad financiera destacó, a través de ...

02-05-25.-En San Salvador con motivo del Día Internacional del Trabajador, participan diversas organizaciones, incluyendo el partido Frente Farabundo Martí para la Liberación Nacional (FMLN). Las demandas incluyen la libertad de detenidos bajo el régimen de excepción, la reinstalación de emplead...

Shell (NYSE: SHEL) is launching another $3.5-billion buyback, keeping the pace of its share repurchases, after posting consensus-beating earnings for the first quarter.   Shell reported on Friday adjusted earnings of $5.58 billion for the first quarter of 2025, down by 28% from a year earlier, but higher than the analyst consensus estimate of $5.1 billion.   “Our strong performance and resilient balance sheet give us the confidence to commence another $3.5 billion of buybacks for the next three months, consistent with…

02-05-25.-ACNUR informa de nuevos cierres de programas por su crisis financiera, agravada por EEUU La crisis de financiación que sufre la Agencia de la ONU para los Refugiados (ACNUR), agravada por el parón en la ayuda que recibía de uno de sus principales contribuyentes, EEUU, ha obligado a detene...

02-05-25.-El anuncio realizado por el presidente Nicolás Maduro la noche del 30 de abril sobre un aumento en el bono de guerra desató una ola de indignación en diferentes sectores de la población, quienes califican como una "burla" el valor del salario mínimo, que se mantiene en 130 bolívares desde ...

02-05-25.-Durante la concentración de este jueves, 1° de mayo, el ministro para el Trabajo, Eduardo Piñate, aseguró el incremento del ingreso mensual fortalecerá el poder de compra de los venezolanos. "Medidas fundamentales para seguir defendiendo el ingreso, la capacidad de consumo, la capacidad...

02-05-25.-La Encuesta Nacional de Condiciones de Vida (Encovi), elaborada por el Instituto de Investigaciones Económicas y Sociales (IIES) de la Universidad Católica Andrés Bello (Ucab), reveló que en 2024, unos 3,4 millones de hogares vivieron en pobreza extrema, lo que representa 600.000 menos que...

The U.S. Justice Department is suing the states of New York, Vermont, Michigan, and Hawaii over state climate actions it described as unconstitutional.   The DOJ on Thursday filed complaints against the states of New York and Vermont over their “climate superfund laws.” In separate actions, the Justice Department also filed lawsuits against the states of Hawaii and Michigan to prevent each state from suing fossil fuel companies in state court to seek damages for alleged climate change harms.  Last year, the state of Vermont…

02-05-25.-Venezuela denunció este jueves «un nuevo ataque terrorista» contra el Sistema Eléctrico Nacional (SEN) en el estado Aragua (centro), del que responsabilizó a la «derecha extremista». En un comunicado difundido por el canal estatal Venezolana de Televisión (VTV), el Ministerio para la En...

02-05-25.-La Corte Internacional de Justicia (CIJ) reafirmó este jueves por unanimidad sus medidas provisionales otorgadas en diciembre de 2023 y ordenó a Venezuela abstenerse de celebrar o preparar elecciones en la región del Esequibo, en disputa con Guyana. «Una vez más, la postura de Guyana ha...

QatarEnergy is in talks with Japanese energy companies over a long-term supply deal for liquefied natural gas from the expanded North Field. According to an exclusive Reuters report that cited unnamed sources, the volume under discussion is a minimum of 3 million tons annually, to be split between several Japanese companies, which include heavyweights JERA and Mitsui & Co. Qatar is already the largest supplier of LNG to resource-scarce Japan. The deal, over the Reuters sources, would strengthen the Gulf state’s dominant position on the…

02-05-25.-Los diferentes gremios de trabjadores se concentraron este 1 de mayo en la Plaza Venezuela en Caracas para protestar comtra las políticas laborales del gobierno de Nicolás Maduro en el marco del Día Internacional del Trabajador. Consideran que el «ajuste»...

Crude oil prices staged a rebound earlier today on reports that China had signaled it wants to negotiate with the Trump administration on tariffs. The country’s commerce ministry said it was considering a proposal made by Washington to discuss the tariffs. Even this slim chance of a de-escalation in the tariff war energized oil traders, leading to Brent crude rising to $62.53 per barrel at the time of writing, with West Texas Intermediate at $59.67 per barrel. Despite the rise, both benchmarks are set to end the week lower than they started…

Republicans in Congress have drafted plans for a significant increase in oil, gas, and coal lease sales in order to foot the bill for President Trump’s tax cut plans, Bloomberg has reported, citing the draft. Per that document, the House Natural Resources Committee is eyeing at least four lease sales for the coastal plain of the Alaska Arctic National Wildlife Refuge over the next ten years. The plan also envisages a restart of the lease sales in the National Petroleum Reserve of Alaska plus quarterly onshore oil and gas lease sales and new…