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IEA Chief Says Oil, Gas Recovery Could Take Two Years After War Damage
It could take up to two years to restore a meaningful share of oil and gas production lost in the Iran war, according to International Energy Agency chief Fatih Birol. That timeline matters because markets are still treating the disruption as temporary. It isn’t. Oil fields, refineries, and pipelines have sustained damage across the Persian Gulf. The Strait of Hormuz has also been largely shut, cutting off a key export route for crude and fuels. Together, those disruptions have removed hundreds of millions of barrels from the market. In an…
Categories: Oil news
IEA Chief Says Oil, Gas Recovery Could Take Two Years After War Damage
It could take up to two years to restore a meaningful share of oil and gas production lost in the Iran war, according to International Energy Agency chief Fatih Birol. That timeline matters because markets are still treating the disruption as temporary. It isn’t. Oil fields, refineries, and pipelines have sustained damage across the Persian Gulf. The Strait of Hormuz has also been largely shut, cutting off a key export route for crude and fuels. Together, those disruptions have removed hundreds of millions of barrels from the market. In an…
Categories: Oil news
India’s Central Bank Tells Oil Refiners To Stop Buying Dollars On Spot Market
India’s central bank has told state-run oil refiners to stop buying dollars in the spot market and instead use a government-backed credit line. That matters because oil is priced in dollars, and refiners are some of the biggest buyers of dollars in the country. When they all go into the market at once to pay for crude, it puts direct pressure on the rupee. That pressure has been building for weeks. The Reserve Bank of India is now stepping in to manage the demand. State refiners, including Indian Oil Corporation, Hindustan Petroleum Corporation,…
Categories: Oil news
Big Tech Is Rushing Into Nuclear Energy, and Bypassing Safety Oversight
While most countries manage their nuclear energy as a public sector, controlled and maintained by the state, the United States takes a uniquely American – which is to say, privatized – approach. As the tech sector becomes increasingly involved in nuclear energy and in the energy industry as a whole thanks to the insatiable energy needs of the AI boom, the nuclear energy landscape is changing. While there are some benefits to letting private interests compete in the nuclear energy sector in significant numbers, there are also considerable…
Categories: Oil news
Instalan mesa nacional para la atención de los servicios públicos
16 de abril de 2026.- El vicepresidente sectorial de Obras Públicas y Servicios, Juan José Ramírez Luces, lideró la instalación de una mesa nacional de servicios públicos, con el objetivo de definir lineamientos estratégicos para la atención integral de las necesidades de la población.
Durante el...
Categories: Venezuelan news
Hormuz Crisis Forces Rethink on Alternative Marine Fuels Investment
The escalation of conflict across the Middle East and the disruption to energy flows through the Strait of Hormuz have introduced a variable into the maritime energy transition that regulatory frameworks were never designed to handle: the possibility that conventional marine fuel becomes unavailable because competing domestic priorities absorb the available supply. This changes the analytical framing for clean shipping in a big way. Until now, the investment case for alternative marine fuels has been driven by compliance – organized around…
Categories: Oil news
(VIDEO) El celebrado discurso de Rufián sobre Trump: "El capitalismo tiene que robar a un país socialista"
Jueves, 16 de abril de 2026.- Rufián ha criticado en el Congreso el "vasallaje" de PP, Vox y Aliança Catalana a Donald Trump. "Aplauden como focas", ha afirmado.
En el minuto 8,40 del presente video hace referencia a Venezuela: son ustedes unos hipócritas (directo a los parlamentarios derechista...
Categories: Venezuelan news
Dirigentes sindicales consignaron petitorio ante embajada de EEUU en Caracas
16 de abril de 2026.- Trabajadores jubilados, pensionados y dirigentes sindicales mantienen su “lucha” en las calles para exigir al Gobierno venezolano que dicte medidas algunas medidas para paliar la crisis económica que se vive en la nación y, además, cree condiciones para llevar adelante eleccion...
Categories: Venezuelan news
Norway Risks Leaving 700 million Barrels Behind as Time Runs Out
Norway could unlock volumes comparable to the Johan Sverdrup field from its existing oil and gas assets—but only if it moves quickly. In a tightening global market, advanced recovery may represent one of the few scalable sources of new supply. Norway’s mature continental shelf still holds hundreds of millions of barrels of recoverable oil and gas—but the window to extract them is closing. New analysis backed by the Norwegian Offshore Directorate suggests that advanced Enhanced Oil and Gas Recovery (EOGR) methods could unlock between…
Categories: Oil news

