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Shale Major Sees U.S. Oil Production Peaking
Onshore crude oil production in the United States has peaked, Diamondback Energy has said, expecting output to start declining later this year unless prices reverse course. At the release of its first-quarter results, the company said fracking crews in the shale patch had declined by 15% since the start of the year and are set for further declines amid the international oil price rout. Diamondback is one of the largest Permian operators and plans to curb its spending this year in response to the price developments that most analysts argue were…
Categories: Oil news
EEUU: Senadoras piden a Donald Trump que garantice la liberación de hombre de Washington detenido en Venezuela
5 de mayo de 2025.-Un hombre de Washington ha estado detenido en Venezuela durante más de tres meses, según funcionarios estadounidenses, y las senadoras Maria Cantwell y Patty Murray han solicitado a la Casa Blanca ayuda para lograr su liberació, informó Los Tiempos de Seatlle.com.
Categories: Venezuelan news
EEUU: Secretario de Defensa Pete Hegseth ordenó un recorte de generales y almirantes en el Pentágono
El plan prevé un recorte del 20 por ciento de los generales y almirantes de cuatro estrellas.
5 de mayo de 2025.-El secretario de Defensa, Pete Hegseth, ordenó el lunes una importante reestructuración del liderazgo militar, incluyendo un plan que pod...
Categories: Venezuelan news
Big Oil Isn’t Backing Down at $60 Oil
Big Oil majors have no plans to scale back their budgets despite oil prices softening and more barrels poised to hit the market. That may sound reckless in a bearish environment, but it’s anything but. With demand picking up in Asia and OPEC+ preparing to unwind production cuts faster than expected, Exxon, Chevron, Shell, and TotalEnergies are digging in—ready to pump more, not less. ExxonMobil reported a decline in net profits for the first quarter to $7.7 billion, down from $8.2 billion a year ago. Chevron’s earnings fell more…
Categories: Oil news
U.S. Locks in Rare Earth Deal with Ukraine, but Payoff May Take a Decade
Last week, the United States and Ukraine signed a long-awaited minerals deal, with Washington gaining access to Kyiv’s mineral resources in exchange for establishing an investment fund. The fund will be capitalized from future natural resource extraction, with Kyiv’s Economy Minister Yulia Svyrydenko saying the “full ownership and control” of the resources will stay with Ukraine. The agreement covers all sub-soil resources, including Ukraine’s oil and gas. The agreement also stipulates that future American military…
Categories: Oil news
Big Oil Holds Steady on Dividends Despite Oil Price Slump
The world’s biggest international oil and gas firms are sticking to their dividend distribution policies as most met or exceeded analyst expectations of first-quarter profits. BP and Chevron reduced the pace of their share buybacks for the second quarter, but the others, Exxon, Shell, and TotalEnergies, maintained their guidance on repurchases despite the slump in oil prices at the start of the second quarter. All five Big Oil firms touted their shareholder distributions and resilience in the earnings releases and conference calls. Some fared…
Categories: Oil news
Elecciones de México 2027: Morena prohíbe nepotismo, actos anticipados de campaña y lujos a sus militantes y aspirantes a candidaturas
Rumbo a las elecciones de 2027, integrantes del Consejo Nacional de Morena aprobaron por unanimidad las
Categories: Venezuelan news
Estados Unidos: Donald Trump ordena reapertura de la famosa prisión de Alcatraz
para los presos "más despiadados y violentos"
5 de mayo de 2025.-Donald Trump afirma que está ordenando a su gobierno reabrir y ampliar Alcatraz, la infame antigua prisión ubicada en una isla cerca del puente Golden Gate de San Francisco, i...
Categories: Venezuelan news
Russia Backs Iraqi Push To Reopen Key Oil Pipeline To Syria As Gateway To Europe
The multi-layered strategic importance of Syria to Russia was underlined in 2011 when President Vladimir Putin ordered his military to intervene to counter the popular uprising that threatened to depose then-President Bashar al-Assad at that time. A sustained and dramatic escalation of its armed forces there, working closely with Iraq’s key local sponsor Iran, ensured that Russia continued to benefit from the strategic advantages Syria offered it until the U.S.- and U.K.-backed overthrow of al-Assad in December 2024 by rebel groups led by…
Categories: Oil news
EEUU: Bolsa de New York cae tras aranceles del 100% al cine extranjero
5 de mayo de 2025.- La Bolsa de Nueva York abrió este lunes en números negativos, tras una nueva oleada de aranceles del 100% que fueron emitidos por el presidente. Donald Trump, hacia las producciones cinematográficas extranjeras. El Dow Jones de industriales perdió un 0,40 %, hasta los 41 mil 150 ...
Categories: Venezuelan news
Trump: Low Oil Prices Put U.S. In Good Negotiating Position With Russia
US President Donald Trump may have just said the quiet part out loud, answering analyst questions about the motivation behind OPEC’s decision to unwind its production cuts more than anticipated at a time when oil prices are already low. “We’re in a good position to settle with Russia as oil prices are down,” President Donald Trump said on Monday, May 5, referring to ongoing negotiations related to the war in Ukraine. The comment came just days after OPEC shocked markets by announcing it would unwind production cuts for June—three…
Categories: Oil news
Capturan más de 200 narcos del Clan del Golfo en operativos en Colombia
5 de mayo de 2025.- Autoridades de Colombia informaron el lunes la captura de más de 200 miembros del Clan del Golfo, la mayor banda narcotraficante del país y responsable de un "plan pistola" en el que han muerto una veintena de uniformados.
A fines de abril, el presidente Gustavo Petro denunció...
Categories: Venezuelan news
Europe's Hunt for Natural Resources in Central Asia
Prompted by the war in Ukraine and increasingly fraught trade relations with the United States, the European Union is on the hunt for natural resources. That search is increasingly focused on Central Asia, as the recent European Union-Central Asia summit in Samarkand showed. The summit, at which the EU announced nearly 12 billion euros in investments in Central Asia, opened a “new chapter” in the relationship between the two regions, European Commission President Ursula von der Leyen said. But now that…
Categories: Oil news
Cónclave: 133 cardenales electores ya están en Roma
5 de mayo de 2025.- Este miércoles 7 de mayo comenzará en la Capilla Sixtina el cónclave que definirá al nuevo Sumo Pontífice de la Iglesia Católica tras el fallecimiento del Papa Francisco. A pocas horas del inicio del proceso, los 133 cardenales con derecho a voto ya se encuentran en Roma y han pa...
Categories: Venezuelan news
BP’s Head of Sustainability Steps Down, No Successor Named
We think it's time we can officially present the ESG grift - which we have spoken out against and called a scam for the better part of the last decade - dead. The latest casualty? BP’s top sustainability executive, Giulia Chierchia, will leave the company on June 1, marking another high-profile exit and an obvious signpost in the oil giant’s sharp pivot away from green energy and environmental, social, and governance (ESG) goals, according to The Guardian. Chierchia, who joined BP in 2020 to help steer it toward a “net zero”…
Categories: Oil news
España: se paralizan trenes por robo de cables
5 de mayo de 2025.- España ingresó hoy en otra semana complicada, tras el sabotaje a las vías férreas por el robo de cobre, que afectó a más de 10 mil pasajeros con severas averías en el itinerario Madrid-Andalucía.
Aunque el hecho ocurrió ayer en la tarde, las máximas repercusiones tuvieron luga...
Categories: Venezuelan news
Saudi Arabia’s New Oil Play – Embracing the Glut to Win the Long Game
Oil markets took another hit this weekend as OPEC+ threw another curveball. In a virtual meeting Saturday, the group’s top producers—Saudi Arabia and Russia—announced a 411,000 barrels per day (bpd) output hike for June, nearly triple what had originally been planned. The move follows a similar surge for May and signals a stark strategic pivot from defending prices to flooding the market. At first glance, this looks like a crackdown on quota violators. Kazakhstan and Iraq have repeatedly overproduced despite OPEC+ curbs. Kazakhstan…
Categories: Oil news
Sunoco Continues Spending Spree With $9.1 Billion Parkland Acquisition
Sunoco LP (NYSE: SUN) is bulking up again—this time north of the border. The Dallas-based fuel distributor announced Monday it will acquire Parkland Corporation (TSX: PKI) in a $9.1 billion cash-and-stock deal, including assumed debt. The move expands Sunoco’s footprint deep into Canada and the Caribbean, while consolidating its position in North American fuel supply and distribution. As part of the deal, Sunoco will spin up a new Delaware-based entity, SUNCorp, whose units will trade in lockstep with Sunoco’s current units. Parkland…
Categories: Oil news
Guyana Should Hedge Against Oil Price Slumps, Ex Finance Minister Says
Guyana’s government should consider hedging its oil production against the falling oil prices as its booming oil revenues are set to decline with the slump in oil prices, former Guyanese Minister of Finance, Winston Jordan, told Stabroek News in an interview published on Monday. Oil prices have slumped since early April as U.S. President Donald Trump threatened tariffs on the rest of the world and slapped triple-digit tariffs on China, while OPEC+ is accelerating its production increase by triple volumes in each of May and June compared to…
Categories: Oil news
Guyana Should Hedge Against Oil Price Slumps, Ex Finance Minister Says
Guyana’s government should consider hedging its oil production against the falling oil prices as its booming oil revenues are set to decline with the slump in oil prices, former Guyanese Minister of Finance, Winston Jordan, told Stabroek News in an interview published on Monday. Oil prices have slumped since early April as U.S. President Donald Trump threatened tariffs on the rest of the world and slapped triple-digit tariffs on China, while OPEC+ is accelerating its production increase by triple volumes in each of May and June compared to…
Categories: Oil news