Feed aggregator
Chinese Firm Moves Forward With This Strategically Critical Iraqi Gas Field
The exploration and production (E&P) contract for Iraq’s second biggest gas field – Mansuriya – has now been activated by China’s Jereh Group, according to local news sources. In practical energy terms, the Mansuriya field holds an estimated 4.5 trillion standard cubic feet (Tscf) of gas and is expected to produce around 300 million scf per day (Mmscf/d) of gas at its peak, although it will start running at about 100 Mmscf/d within 18 months, a senior energy source who works closely with Iraq’s Oil Ministry told…
Categories: Oil news
The Critical Metal That Has Soared 300% in 2024
An investment opportunity is unfolding that most investors are completely unaware of...We are on the brink of a potential global shortage of a critical resource that powers the world’s most important industries...It is essential to the U.S. military and is vital for manufacturing smartphones, tablets, high-definition TVs, semiconductors, kitchen appliances, solar panels and new cars. The critical mineral that is so essential to multiple industries is antimony – a shiny grey metalloid with a flaky texture.Antimony has been used for decades…
Categories: Oil news
Why Gas Markets Aren’t Scared of Mideast Conflict Right Now
U.S. natural gas futures dropped to $3.08/MMBtu on Tuesday, their lowest in over a week, after surging 20% in November. Gas prices have declined amid forecasts of milder weather in mid-December, following a brief cold spell that had driven earlier gains. Utilities have stopped drawing heavily from storage, despite colder-than-usual weather recently boosting consumption. Meanwhile, U.S. gas production clocked in at a robust 101.5 billion cubic feet per day in November, but below last year’s peak of 105.3 bcfd. In contrast, European natural…
Categories: Oil news
Oil and Gas Industry Enters New Investment Cycle with Focus on Sustainability
The upstream oil and gas sector stands on the cusp of entering a new investment cycle — one that Rystad Energy has dubbed the ‘deliver in uncertainty’ cycle — where there is set to be an increased focus among players to deliver on sustainability targets while remaining financially robust. The previous cycle, which started amid the Covid-19 pandemic in 2020 and is now ending, threw energy markets into turmoil. However, it accelerated the pace of energy transition as oil and gas companies were forced to re-invent themselves,…
Categories: Oil news
Texas Looks to Capitalize on Big Tech’s Nuclear Power Push
In the old ranchlands of South Texas, dormant uranium mines are coming back online. A collection of new ones hope to start production soon, extracting radioactive fuel from the region's shallow aquifers. Many more may follow. These mines are the leading edge of what government and industry leaders in Texas hope will be a nuclear renaissance, as America's latent nuclear sector begins to stir again. Texas is currently developing a host of high-tech industries that require enormous amounts of electricity, from crypto-currency mines and…
Categories: Oil news
Efemérides del 4 de diciembre: En 2002, resistencia popular al golpe petrolero en Venezuela
Es 4 de diciembre, mes 12 del 2024. Es el día úmero 339 del año (bisiesto) y faltan 27 días para su terminación, pues tiene 366 días. Hoy es miércoles.
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.
Categories: Venezuelan news
Oil Prices Predicted to Plummet Below $60 Under Trump
A new survey from law firm Haynes Boone LLC has revealed that banks are gearing up for oil prices to fall below $60 a barrel by the middle of President-elect Donald Trump’s new term, Bloomberg reported on Monday. The survey of 26 bankers showed that they expect WTI prices to drop to $58.62 a barrel by 2027, more than $10 lower than the intraday price of $69.87 at 11.00 am ET on Wednesday. Trump says he’ll push shale producers to ramp up output, even if it means operators “drill themselves out of business.” However,…
Categories: Oil news
Se inicia campaña para elección de Jueces de Paz
4 de diciembre de 2024.- La Comisión Nacional Electoral dio inicio a la campaña para la Elección de Jueces y Juezas de Paz Comunal que se desarrollará hasta el próximo 13 de diciembre.
“Desde Antímano damos por iniciada la campaña electoral para elegir las juezas y los jueces de paz comunal, desa...
Categories: Venezuelan news
Rare Earth Prices Surge as Myanmar Mines Fall Under Rebel Control
Via Metal Miner The Rare Earths MMI (Monthly Metals Index) trended sideways with a slightly downward movement of 2.59%. Numerous factors remain at play within the global rare earths market. One of the most significant factors rare earths buyers need to remain aware of is the ongoing conflict within Myanmar, one of the world’s key rare earth suppliers, regarding rebel mine takeovers. The Kachin Independence Army (KIA) caused numerous problems throughout November, including seizing control of Kanpaiti, a pinnacle rare earths trading point within…
Categories: Oil news
Parlamento de Francia debate moción de censura contra Primer Ministro
4 de diciembre de 2024.- La Asamblea Nacional (AN) de Francia debate este miércoles una moción de censura contra el Gabinete del primer ministro, el conservador Michael Barnier, luego de que fuesen rechazados los Presupuestos Generales de 2025.
Ante el pleno se presentaron dos propuestas de recha...
Categories: Venezuelan news
UK's £1 Billion Wind Power Waste Sparks Net-Zero Concerns
The clean Green energy fiasco has reached a new level of incompetence and waste... Totally Wasted Wind Power Bloomberg reports UK Is Paying £1 Billion to Waste a Record Amount of Wind Power Burgeoning capacity and blustery weather should have driven huge growth in output in 2024. But the grid can’t cope, forcing the operator to pay wind farms to turn off, a cost ultimately borne by consumers. It’s a situation that puts at risk plans to decarbonize the network by 2030 and makes it harder to cut bills. Crucial to the net zero grid…
Categories: Oil news
(VIDEO) Más de 150 policías y numerosos civiles heridos en las protestas en Georgia
4 de diciembre de 2024.- Como causa de las acciones violentas producidas durante las manifestaciones, más de 150 policías, así como numerosos ciudadanos y representantes de los medios de comunicación resultaron heridos, informó este miércoles el Ministerio del Interior de Georgia.
Asimismo, la pr...
Categories: Venezuelan news
Impuestos aportarán 33% de los ingresos corrientes del país, según la Ley de Presupuesto 2025
4 de diciembre de 2024.- Los impuestos aportarán un tercio -33,19 %- de los ingresos corrientes del presupuesto de gastos que la Asamblea Nacional aprobó, en primera discusión y por mayoría calificada, luego de que fuera presentado en sesión especial por la vicepresidenta Delcy Rodríguez.
En el p...
Categories: Venezuelan news
The Global Energy Transition Is at Risk After COP29 Pledges Fall Short
The 29th Conference of the Parties (COP29) in Baku, Azerbaijan concluded last week, with lengthy and challenging negotiations yielding an eleventh-hour deal on tackling climate change. At its core was a groundbreaking pledge by wealthy nations to provide $300 billion annually in climate finance by 2035—a tripling of the current target, but significantly lower than what is needed to support emerging and developing economies. Last year, energy end-users spent a staggering $10.5 trillion, with $6.3 trillion borne by non-OECD countries.…
Categories: Oil news
El Casabe es declarado Patrimonio Cultural Inmaterial de la Humanidad
4 de diciembre de 2024.- Este miércoles 4 de diciembre, el casabe fue declarado por la Organización de las Naciones Unidas para la Educación, la Ciencia y la Cultura (UNESCO), como Patrimonio Cultural Inmaterial de la Humanidad, inscripción realizada por Venezuela, Cuba, República Dominicana, Haití ...
Categories: Venezuelan news
NATO Pledges Urgent Support for Ukraine's Battered Infrastructure
NATO members have agreed to make protecting Ukraine's infrastructure a top priority, alliance chief Mark Rutte said on December 4, as Russia continues to pound Ukrainian cities and towns with drone and missile strikes. Speaking to reporters ahead of the second day of a meeting of foreign ministers from the 32-member military alliance, Rutte said the gathering discussed providing Ukraine with enough air defense systems to protect its infrastructure against Russian attacks. "There was a clear agreement around the table last night that to help Ukraine,…
Categories: Oil news
Namibia tiene su primera presidenta, veterana luchadora antiapartheid
4 de diciembre de 2024.- Namibia eligió a su primera presidenta, Netumbo Nandi-Ndaitwah, mujer de 72 años cuya edad indica que vivió los años de la ocupación de Sudáfrica racista y la lucha de la Organización del Pueblo de África Sudoccidental (SWAPO).
La futura mandataria, candidata por la Swapo...
Categories: Venezuelan news
Venezuela inscribe expediente del casabe en lista de patrimonios de la Unesco
4 de diciembre de 2024.- La Organización de las Naciones Unidas para la Educación, la Ciencia y la Cultura (Unesco) anunció este miércoles la inscripción de los “Conocimientos y prácticas tradicionales para la elaboración y el consumo del casabe” en la lista de Patrimonio Cultural Inmaterial de la H...
Categories: Venezuelan news
China's Export Ban Sends Antimony Prices Soaring 40% in One Day
Antimony prices soared 40% on Wednesday after China on Tuesday banned exports to the United States of several critical minerals. China enforced the existing limits on antimony, gallium, and germanium - critical minerals that have widespread military applications ahead of President-elect Donald Trump taking office next month. "In principle, the export of gallium, germanium, antimony, and superhard materials to the United States shall not be permitted," Chinese Commerce Ministry said. China is the world’s largest producer of antimony, accounting…
Categories: Oil news
China's Export Ban Sends Antimony Prices Soaring 40% in One Day
Antimony prices soared 40% on Wednesday after China on Tuesday banned exports to the United States of several critical minerals. China enforced the existing limits on antimony, gallium, and germanium - critical minerals that have widespread military applications ahead of President-elect Donald Trump taking office next month. "In principle, the export of gallium, germanium, antimony, and superhard materials to the United States shall not be permitted," Chinese Commerce Ministry said. China is the world’s largest producer of antimony, accounting…
Categories: Oil news