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Saudi Arabia, UAE Pour Over $130 B Into AI To Offset Oil Price Risks
Previously, we reported that Saudi Arabia is digging in for a "long and shallow" oil price war as it looks to regain market share from rivals like U.S. shale producers and OPEC+ members who have been exceeding their production quotas. This comes after Saudi Arabia made significant production sacrifices to support prices for over three years, which allowed competitors to increase their output. Saudi Arabia has also been hedging its oil price bets by rapidly diversifying its economy away from fossil fuels in recent years, expanding into areas such…
Categories: Oil news
Enbridge Wins U.S. Government Approval To Re-Route Wisconsin Oil Pipeline
The U.S. Army Corps of Engineers has approved a controversial proposal by Canadian oil and gas giant Enbridge (NYSE:ENB), to reroute an aging oil pipeline around a Wisconsin tribal reservation, saying the project "complied with all applicable federal laws and regulations." Enbridge proposed the 41-mile reroute to remove the pipeline off land held by the Bad River Band after a court ordered in 2023 that the pipeline should be removed from the tribal land by June 2026. The judge also ordered Enbridge to pay the tribe over $5 million for trespassing.…
Categories: Oil news
El huracán Melissa tocó tierra en Cuba después de su paso devastador por Jamaica
Tras su paso devastador por Jamaica, el poderoso huracán Melissa tocó tierra en el este de Cuba este miércoles, con vientos máximos sostenidos de 195 km/h, después de haberse debilitado a categoría 3. Pese a que bajó su intensidad, el Centro Nacional de Huracanes estadounidense (CNH) lo califi...
Categories: Venezuelan news
Ministro Padrino López: Venezuela no servirá de ruta para el narcotráfico
30 de octubre de 2025.- El vicepresidente sectorial de Defensa y Soberanía, Vladimir Padrino López, aseguró que Venezuela no servirá como ruta del narcotráfico y cuestionó la presencia militar de Estados Unidos (EEUU), en el Caribe.
«El narcotráfico, por Venezuela, ¡NO PASARÁ! El creciente consum...
Categories: Venezuelan news
$110 Billion Hydrogen Boom Meets Bureaucratic Bottlenecks in Europe
The global hydrogen industry came into view, specifically from importing countries’ perspective, at European Hydrogen Week earlier this month in Brussels. There was a palpable sense of frustration with what many consider an overbearing regulatory framework causing delays. But also a sense of inevitability, with hydrogen mandates in place and pipeline construction now underway. Europe is set to be the world’s largest demand center for low-carbon hydrogen. There was also a sense of determination in the face of a growing number of project…
Categories: Oil news
Kazakhstan and Exxon Eye Next Phase of Kashagan—Despite Legal Crossfire
Kazakhstan’s government has reopened talks with ExxonMobil about expanding the Kashagan oil field—the massive Caspian Sea development once hailed as the world’s biggest oil discovery in 30 years. The discussions reportedly include tapping undeveloped western sections of the reservoir and could be linked to Exxon’s Tengiz license, which expires in 2033. The timing is interesting. Kazakhstan just spent the better part of this year in court with the same group of Western oil majors that operate Kashagan—Eni, Shell, Exxon,…
Categories: Oil news
Operación Fénix: revelan plan de la CIA para infiltrar agentes en Venezuela
30 de octubre de 2025.- El Gobierno venezolano lanzó una serie de acusaciones de alto perfil contra Estados Unidos, que incluyen la desarticulación de múltiples planes de la Agencia Central de Inteligencia (CIA) destinados a promover la destitución del presidente constitucional Nicolás Maduro.
La...
Categories: Venezuelan news

