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Why the AI Boom May Extend the Reign of Natural Gas

Oil news - 13 hours 57 min ago
Artificial intelligence is often viewed as a catalyst for electrification and subsequently decarbonization. Yet one of its most immediate effects may be the opposite of what many assume. The rapid buildout of AI infrastructure is increasing demand for reliable power, and that reality could strengthen the role of natural gas and other dispatchable energy sources for many years. Investors focused on semiconductors and software valuations may be overlooking a key constraint. AI runs on electricity, and those electricity systems operate within physical…
Categories: Oil news

U.S. Strategy in Armenia and Azerbaijan Includes Nuclear and AI

Oil news - Thu, 02/12/2026 - 23:00
Vice President JD Vance’s visit to Armenia and Azerbaijan succeeded in widening the scope of US economic engagement with the two South Caucasus nations. In the months immediately after Armenia and Azerbaijan signed a provisional peace deal in Washington last August, the Trump administration’s focus was on the development of the Middle Corridor trade and logistics network. But now other sectors, including civilian nuclear energy, arms sales and artificial intelligence, are part of the discussion. Vance’s stop in Baku on February…
Categories: Oil news

Delcy Rodríguez en entrevista de NBC: Celebrar elecciones libres y justas en Venezuela significa también tener que estar libre de sanciones

Apporea noticias - Thu, 02/12/2026 - 22:45
En una entrevista exclusiva concedida a la cadena estadounidense NBC, la presidenta encargada de Venezuela, Delcy Rodríguez, ofreció una visión contundente sobre la situación actual del país y la hoja de ruta para su recuperación como potencia soberana. El Secuestro del Pres...
Categories: Venezuelan news

Oil Prices Drop 3% After IEA Cuts Demand Growth Outlook

Oil news - Thu, 02/12/2026 - 22:17
Oil prices dropped Thursday after the International Energy Agency cut its demand growth outlook, a revision that landed in a market already uneasy about how quickly supply is said to be rising. Brent crude traded near $67 a barrel in the afternoon, down roughly 3% on the session. U.S. WTI slipped into the $62s. Selling accelerated after the IEA trimmed its 2026 global demand growth forecast to 850,000 barrels per day. A month ago, it was expecting 930,000. The number itself is not as dramatic as the context. The agency still sees global supply…
Categories: Oil news

Oil Prices Drop 3% After IEA Cuts Demand Growth Outlook

Oil news - Thu, 02/12/2026 - 22:17
Oil prices dropped Thursday after the International Energy Agency cut its demand growth outlook, a revision that landed in a market already uneasy about how quickly supply is said to be rising. Brent crude traded near $67 a barrel in the afternoon, down roughly 3% on the session. U.S. WTI slipped into the $62s. Selling accelerated after the IEA trimmed its 2026 global demand growth forecast to 850,000 barrels per day. A month ago, it was expecting 930,000. The number itself is not as dramatic as the context. The agency still sees global supply…
Categories: Oil news

Trump Disavows Oil Executive’s Role in Venezuela Talks

Oil news - Thu, 02/12/2026 - 21:38
President Donald Trump on Thursday rejected any suggestion that a private U.S. oil executive is shaping Washington’s approach to Venezuela, stepping into a sensitive debate over who gets influence in the future of the world’s largest stranded crude reserves. In a post on Truth Social, Trump said Florida fuel trader Harry Sargeant III has no authority to act on behalf of the United States and that only State Department-approved officials conduct diplomacy with Caracas. He described current relations with Venezuela as strong and credited…
Categories: Oil news

Trump Disavows Oil Executive’s Role in Venezuela Talks

Oil news - Thu, 02/12/2026 - 21:38
President Donald Trump on Thursday rejected any suggestion that a private U.S. oil executive is shaping Washington’s approach to Venezuela, stepping into a sensitive debate over who gets influence in the future of the world’s largest stranded crude reserves. In a post on Truth Social, Trump said Florida fuel trader Harry Sargeant III has no authority to act on behalf of the United States and that only State Department-approved officials conduct diplomacy with Caracas. He described current relations with Venezuela as strong and credited…
Categories: Oil news

Trump Disavows Oil Executive’s Role in Venezuela Talks

Oil news - Thu, 02/12/2026 - 21:38
President Donald Trump on Thursday rejected any suggestion that a private U.S. oil executive is shaping Washington’s approach to Venezuela, stepping into a sensitive debate over who gets influence in the future of the world’s largest stranded crude reserves. In a post on Truth Social, Trump said Florida fuel trader Harry Sargeant III has no authority to act on behalf of the United States and that only State Department-approved officials conduct diplomacy with Caracas. He described current relations with Venezuela as strong and credited…
Categories: Oil news

Cuba’s Energy Crisis Deepens Amid U.S. Tariffs

Oil news - Thu, 02/12/2026 - 21:00
Cubans are struggling with blackouts and fuel rationing amid President Trump’s campaign to provoke regime change by choking off the energy supply of the island nation, which is heavily dependent on fuel imports. Trump last month threatened to impose tariffs on any country that sends oil to Cuba, labelling the island “an unusual and extraordinary threat” to U.S. national security. He noted the Cuban government’s relations with Russia, China, and Iran as evidence of that threat, which, Trump suggested, would present as “migration…
Categories: Oil news

En Los Teques quienes vendan o usen tangana (espuma en aerosol) en carnaval pagarán multas

Apporea noticias - Thu, 02/12/2026 - 20:34
"Impondremos medidas pecuniarias, osea le vamos a tocar el bolsillo a la gente que no cumpla con el decreto", afirmó el alcalde Farith Fraija. En el municipio Guaicaipuro, en la ciudad de los Teques del estado Miranda, a través del decreto número 003-2026, suscrito por el ...
Categories: Venezuelan news

Ukrainian Drone Strike Halts Major Russian Refinery in Volgograd

Oil news - Thu, 02/12/2026 - 20:27
Russia’s Volgograd oil refinery suspended oil processing on Wednesday after a Ukrainian drone attack triggered a fire at the plant. The Lukoil-owned refinery is a major Russian oil processing facility in Volgograd City in southern Russia. The refinery has been operating since 1957 with a capacity of ~300,000 bpd (14.5 million tons/year), and processed an estimated 13.5–13.7 million metric tons of oil in 2024.  The facility produces gasoline, diesel, kerosene, and lubricants, with recent modernizations focused on increasing efficiency…
Categories: Oil news

El frío extremo dispara las facturas de calefacción y consumo energético en Estados Unidos

Apporea noticias - Thu, 02/12/2026 - 20:22
Laura Kotting calculó que su factura de calefacción sería más alta de lo habitual debido a las recientes temperaturas polares. Pero no estaba preparada para que el cobro mensual más reciente aumentara casi 30 % hasta los US$ 200 en comparación con el año pasado. "Lo primero que...
Categories: Venezuelan news

Trump and Xi Seek Short Term Wins as Summit Nears

Oil news - Thu, 02/12/2026 - 20:00
The United States and China are seeking to preserve their fragile trade truce before President Donald Trump visits Chinese President Xi Jinping for a high-stakes summit in Beijing this spring, according to the South China Morning Post. On the sidelines of the 2025 APEC summit in Busan, South Korea, Trump and Xi held a pivotal meeting that produced a significant—though temporary—trade agreement. Following months of escalating tariffs, curbs on rare-earth exports, and agricultural boycotts, the two leaders agreed to a one-year truce that…
Categories: Oil news

Top Trader Sees Sanctions Tightening Market and Lifting Oil Prices

Oil news - Thu, 02/12/2026 - 19:30
The sanctions squeeze on oil supply from Russia and Iran are tightening the oil market and supporting crude prices as buyers look for additional legit barrels while sanctioned supply is piling in floating storage, according to the world’s biggest independent oil trader, Vitol.   “The traditional buyers of those two supply sources are reaching for more Western or Saudi supply sources, which is then in turn tightening the real market,” Vitol’s CEO Russell Hardy said at the International Energy Week conference in London…
Categories: Oil news

Top Trader Sees Sanctions Tightening Market and Lifting Oil Prices

Oil news - Thu, 02/12/2026 - 19:30
The sanctions squeeze on oil supply from Russia and Iran are tightening the oil market and supporting crude prices as buyers look for additional legit barrels while sanctioned supply is piling in floating storage, according to the world’s biggest independent oil trader, Vitol.   “The traditional buyers of those two supply sources are reaching for more Western or Saudi supply sources, which is then in turn tightening the real market,” Vitol’s CEO Russell Hardy said at the International Energy Week conference in London…
Categories: Oil news

Poderosos vientos causan estragos en España por borrasca

Apporea noticias - Thu, 02/12/2026 - 19:11
12 de febrero de 2026.- Ráfagas de viento que pueden superar los 100 kilómetros por hora, golpearon hoy a España, principalmente en Cataluña, y con amenazas en el norte y suroeste del país. La Agencia Estatal de Meteorología (Aemet) activó este jueves avisos de ‘peligro extraordinario’ para Canta...
Categories: Venezuelan news

Dos buques de la Armada de EE.UU. chocan en aguas cercanas a Sudamérica

Apporea noticias - Thu, 02/12/2026 - 19:09
Un buque de guerra y otro de abastecimiento de la Armada de Estados Unidos colisionaron este miércoles durante una operación de reabastecimiento en el Caribe, lo que dejó a dos miembros de la tripulación con heridas leves, 
Categories: Venezuelan news

OPEC+ Oil Production Falls by 439,9000 Bpd

Oil news - Thu, 02/12/2026 - 19:00
Crude oil production from the OPEC+ alliance slumped by as much as 439,000 barrels per day in January compared to December as a major supply disruption in Kazakhstan added to lower output from Iran and Venezuela, OPEC data showed in its Monthly Oil Market Report (MOMR).  Total OPEC+ crude oil production averaged 42.45 million barrels per day (bpd) in January 2026, down by 439,000 bpd versus December, as Kazakhstan’s output plummeted by 249,000 bpd, according to the OPEC estimates based on secondary sources.   Kazakhstan’s…
Categories: Oil news

Inpex Warns Of Looming LNG Crunch in Asia

Oil news - Thu, 02/12/2026 - 18:30
Japan’s Inpex expects an LNG supply shortfall in the Pacific coastal region, including Asia, in 2035, as demand will nearly double from current levels, the oil and gas major said in its 2025 earnings report on Thursday.  Global LNG demand is expected to increase to about 700 million tons per year in 2035, up from the current level of around 400 million tons annually, according to the Japanese company, which operates the Ichthys LNG project offshore Western Australia.   “Demand will be concentrated in the Asia–Oceania…
Categories: Oil news

Diputado Maduro Guerra habló por teléfono con su padre Nicolás Maduro

Apporea noticias - Thu, 02/12/2026 - 18:29
El diputado Nicolás Maduro Guerra informó al país sobre una llamada telefónica que mantuvo con su padre, el presidente Nicolás Maduro, quien permanece secuestrado en Estados Unidos. El mandata...
Categories: Venezuelan news

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