Canadian pipeline giant Enbridge reported record-high core earnings for 2025 and consensus-beating earnings for the fourth quarter amid growing demand for oil and gas egress from production centers to consumption and export hubs. Enbridge on Friday reported full-year adjusted earnings before interest, income taxes and depreciation and amortization (EBITDA) of US$14.7 billion (C$20.0 billion) for 2025, up by 7% from 2024.   Full-year adjusted earnings also rose, by 9%, compared to 2024.  For the fourth quarter, adjusted earnings per…

La viceministra para Europa y América del Norte, Andrea Corao, sostuvo un encuentro oficial con el embajador de la Federación de Rusia en Venezuela, Sergey Mélik-Bagdasárov. La reunión tuvo como propósito fundamental fortalecer la histórica cooperación política y económica entre ambas naciones...

Los equipos Navegantes del Magallanes (Venezuela) y Caimanes de Barranquilla (Colombia) resultaron ganadores en la jornada de este jueves en las semifinales de la Serie de las Américas. La gran final se llevará a cabo este viernes a partir de las 7 de la noche en el espectacular Estadio Monume...

Dos buques con un total de 800 toneladas de ayuda humanitaria procedentes de México arribaron a Cuba, como parte del fortalecimiento de los lazos de solidaridad entre ambos gobiernos frente el complejo escenario en realidad cubana. El cargamento fue recibido en la tarde del miércole...

Caracas, 13 de febrero de 2026. En el marco del Día de la Juventud, estudiantes universitarios protagonizaron una jornada de protesta nacional para exigir la libertad de los presos políticos y ''la restitución democrática". Las movilizaciones, que tuvieron como epicentro la Univer...

This week, I find myself in a bit of a quandary. As a rule, I dislike having a large cash position, but that is where I find myself right now. And try as I might, I can’t find anywhere to set it to work. To anyone trained in a dealing room, money is the tool you use to make money, so sitting on a lot of undeployed cash shows either a lack of imagination or just basic laziness. I would like to think that neither of those things apply to me, but I genuinely think that cash is not a bad option right now, even for an energy investor.  Nor…

IEA’s Forecast Takes a Chill Pill as Weather Cuts Into Supply Alleviating its oversupply doom and gloom, the International Energy Agency (IEA) has revised its outlook for the magnitude of this year’s production glut, citing weather-related outages in Q1 2026. In the January 2026 edition of the IEA’s monthly report, the international organization found that global supply dipped by a surprise 1.2 million b/day, defying expectations of oversupply. Cold snaps across the United States and a power outage-driven closure of Kazakhstan’s…

Ahead of the monthly meeting on March 1, the OPEC+ alliance is leaning toward resuming production increases from April following a pause in the first quarter, Reuters reported on Friday, quoting sources within the group. Early this month, the eight OPEC+ members that have been implementing cuts since 2023 – Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman – reaffirmed the decision to pause monthly increments during the first quarter of the year. The decision was first taken in November 2025 and was confirmed…

Iran’s leadership is trying to put down nationwide protests with sustained force while the U.S. keeps negotiations open under sanctions pressure. Activist groups estimate more than 7,000 people have been killed, including many minors. Security forces remain cohesive and active across the country, but unrest has not fully subsided. The government controls territory, but not sentiment.  Sanctions and unrest are now fully intertwined. Oil exports are restricted, banking channels are limited, the currency remains weak, and inflation has…

Politics, Geopolitics & Conflict It’s time for DC to evaluate whether Venezuela’s new hydrocarbons law can produce actual supply gains, and with that in mind, the U.S. energy secretary traveled to Caracas this week, touring Chevron-PDVSA joint operations. The new law allows broader private operating control and more flexible terms, a break with the past deterrents. The Trump administration is engaging, but on a results basis: sanctions relief depends on measurable production increases and contractual stability. The core issue is…

West Texas Intermediate (WTI) crude oil futures are trading sharply lower this week, with nearby contracts at $62.87 as of Thursday night, down $0.68 or -1.07% for the session. The weekly range spans from a high of $65.83 to a low of $62.39, reflecting the market's struggle to balance geopolitical risk against mounting supply concerns. Wednesday's EIA Report: Massive Build, Muted Response Wednesday's Energy Information Administration (EIA) report revealed a staggering 8.5 million barrel build in U.S. crude oil inventories, far exceeding analyst…

India considers boosting the run rates of its gas-fired power plants during evening peak hours to support the grid amid the surge in renewable power generation, India’s Power Secretary Pankaj Agarwal said on Friday.   “For the last three years we have been studying whether gas plants can run for eight hours in the evening and remain shut during the rest of the day,” Agarwal said at a meeting with power plant executives, as carried by Reuters.  India has reduced in recent years its gas-fired power fleet from 25 gigawatts…

Este jueves 12 de febrero, la presidenta (e) Delcy Rodríguez, afirmó que «Chevron tiene más de 100 años en Venezuela y estamos haciendo un trabajo extraordinario, como socios que somos, mejorando producción, mejorando las instalaciones, la infraestructura y el mantenimiento». ...

Momentos antes de partir de Venezuela, el secretario de Energía de Estados Unidos (EEUU), Christopher Wright, declaró a la prensa que su relación con ...

Agentes militares de la Fuerza Armada Nacional Bolivariana (Fanb) han destruido un campamento construido por grupos irregulares en la frontera entre Venezuela y Colombia. El procedimiento fue reportado en la cuenta de Telegram del general en jefe Domingo Hernández Lárez, quien lidera el Comand...

El presidente de Venezuela, Nicolás Maduro, actualmente secuestrado por EE.UU. desde el pasado 3 de enero luego de la invasión militar del Pentágono en Caracas, envió un mensaje a su país y a la dirigencia política que ha quedado a cargo debido a su retención por órdenes del mandatario estadou...

India’s largest private refiner, Reliance Industries, has been authorized by the United States to buy, export, and sell Venezuelan crude oil, Reuters reported on Friday, citing sources with knowledge of the situation.  Reliance last month applied with the U.S. Treasury’s Office of Foreign Assets Control (OFAC) for a general license to be able buy Venezuelan crude without violating the sanctions, according to Reuters sources.    The license would give India’s top private refiner, which operates the largest refining…

Este viernes prevalece cielo de nubosidad parcial y despejado en buena parte del territorio nacional; sin embargo, no se descarta formación de mantos nubosos con posibles lluvias o lloviznas dispersas en el norte de la Guayana Esequiba, Delta Amacuro, este de Sucre, este de Miranda, La Guaira ...

La presidenta encargada de la República, Delcy Rodríguez, visitó este jueves junto al Secretario de Energía de EEUU Chris Wright, las instalaciones del Complejo Industrial José Antonio Anzoátegui. La mandataria encargada realizó un recorrido en las instalaciones del Mejorador de Pet...

At least three vessels sanctioned by the United States have arrived in recent weeks at the demolition hub of Alang on India’s west coast, following a record 15 dark fleet tankers sent to these scrapyards last year, as the business rebounds despite concerns about dealing with sanctioned ships.   The Woodchip, built in 1993 and sanctioned by the U.S. in 2021 under one of its previous names, is the third tanker to have arrived at Alang in less than a month, Bloomberg reported on Friday, citing vessel-tracking data, agent reports, and…