Fermi America announced their first potential tenant for the Project Matador data center campus terminated their $150 million Advance in Aid of Construction agreement (i.e., lease). The stock has plunged as much as 50% in premarket trading in what is a wild overreaction with unprecedented demand for data center space (especially data centers named after the president) still offset with limited supply. Several weeks ago, we documented Fermi's difficulties with signing their first major tenant last month for their President…

India’s government approved on Friday auctions for coal that buyers could use for industrial activity and exports in yet another reform in the vast coal sector.   The government endorsed the new policy for auction of Coal Linkage for Seamless, Efficient & Transparent Utilisation (CoalSETU)—supply that buyers can procure via auctions and use the coal for any industrial purpose and for exports.        Coal holders will be eligible to export coal up to 50% of their volumes, according to…

India’s government approved on Friday auctions for coal that buyers could use for industrial activity and exports in yet another reform in the vast coal sector.   The government endorsed the new policy for auction of Coal Linkage for Seamless, Efficient & Transparent Utilisation (CoalSETU)—supply that buyers can procure via auctions and use the coal for any industrial purpose and for exports.        Coal holders will be eligible to export coal up to 50% of their volumes, according to…

India’s government approved on Friday auctions for coal that buyers could use for industrial activity and exports in yet another reform in the vast coal sector.   The government endorsed the new policy for auction of Coal Linkage for Seamless, Efficient & Transparent Utilisation (CoalSETU)—supply that buyers can procure via auctions and use the coal for any industrial purpose and for exports.        Coal holders will be eligible to export coal up to 50% of their volumes, according to…

12 de diciembre de 2025.- El diputado a la Asamblea Nacional (AN), Franklin Rondón, aseguró que la constituyente instruida por el presidente de la República Bolivariana de Venezuela, Nicolás Maduro, ha otorgado un dinamismo al movimiento de los trabajadores, puesto que hasta este miércoles 10 de dic...

El Ministerio para Relaciones Exteriores, Yván Gil, se pronunció este jueves en referencia a la reciente intervención del senador británico Jeremy Corbyn, sobre las acciones hostiles de Estados Unidos contra Venezuela, indicando que "ni siquiera el Parlamento británico encuentra palabras ...

El presidente venezolano, Nicolás Maduro, denunció hoy jueves la desaparición de la tripulación del buque petrolero venezolano interceptado ayer por fuerzas militares de Estados Unidos, un caso que calificó como un acto de piratería que ha generado amplio rechazo nacional e internacional. ...

El embajador de China en Cuba, Hua Xin, afirmó hoy que la nueva política de Beijing hacia América Latina y el Caribe (ALC) constituye la única respuesta global, concreta y oportuna a la Estrategia de Seguridad Nacional estadounidense. En declaraciones exclusivas a Prensa Latina, el ...

India’s government on Friday approved the landmark Atomic Energy Bill, which would allow private companies to invest in its nuclear energy industry for the first time, as the country looks to boost its nuclear power capacity tenfold within two decades.   The so-called SHANTI (Sustainable Harnessing of Advancement of Nuclear Energy for Transforming India) bill passed the federal government approval on Friday. Later this month, the bill is expected to be submitted to Parliament for discussion and vote in the winter session. …

Oil sentiment has turned sour despite a Fed rate cut and the Trump administration’s aggressive tanker seizures. Friday, December 12, 2025 The US Federal Reserve has lowered the federal funds rate to 3.50-3.75%, the Trump administration has seized a Venezuelan VLCC and promised to take over more, yet the sentiment in the markets has soured this week, with ICE Brent trading slightly above $61 per barrel. It remains to be seen whether it’s trepidation before a potential Russia-Ukraine peace deal or another seasonal bout of depression induced…

India’s government on Friday approved the landmark Atomic Energy Bill, which would allow private companies to invest in its nuclear energy industry for the first time, as the country looks to boost its nuclear power capacity tenfold within two decades.   The so-called SHANTI (Sustainable Harnessing of Advancement of Nuclear Energy for Transforming India) bill passed the federal government approval on Friday. Later this month, the bill is expected to be submitted to Parliament for discussion and vote in the winter session. …

La famosa operación para sacar de Venezuela a la líder opositora de ultra derecha María Corina Machado, quien arribó esta semana a Oslo para recibir el Premio Nobel de la Paz, parece sacado de una fábula de espías, del programa venezolano, "Nuestro Insólito Universo". El cuento del p...

Politics, Geopolitics & Conflict This week, Washington has again increased the pressure on Venezuela with the first seizure of a sanctioned tanker off the Venezuelan coast, and preparations for more, in a bid to further disrupt PDVSA’s logistics by scaring the insurers. The effect reverberates by raising the risk premium. At the same time, Chevron is in active discussions with the Trump administration on how it can continue operations in Venezuela in compliance with sanctions, with the Chevron CEO emphasizing the supergiant’s “long…

The Rapid Support Forces (RSF), the paramilitary bloc that broke from the Sudanese army and now dominates most of Sudan’s western belt, has moved on the Balila facility in West Kordofan, and it is already affecting the energy corridor. Balila feeds directly into the GNPOC line carrying South Sudan’s Dar blend to Port Sudan, and operators now acknowledge disruptions along the corridor. South Sudan’s budget rests almost entirely on these flows. Any interruption tightens the margin immediately. By taking Balila, the RSF has positioned…

The US shale exploration and production (E&P) and Lower 48 midstream sectors experienced a volatile and challenging 2025, likely a far cry from what operators envisioned this time last year as the second Trump administration’s ‘energy dominance’ agenda was taking shape. With WTI languishing below $60 for much of the year, oil E&Ps moderated activity, with the oil-directed rig count dropping from 415 in January to 386 by Thanksgiving. In contrast, Henry Hub gas prices remained supported throughout much of the year, with…

El Gobierno de Donald Trump ha llevado la política exterior estadounidense a un nuevo y peligroso extremo, abandonando cualquier pretensión diplomática para abrazar abiertamente el saqueo como estrategia de Estado. La reciente incautación de un buque petrolero venezolano en aguas del Caribe ha...

El portavoz del Ministerio de Exteriores de Irán, Ismail Bagai, expresó que el secuestro de un barco petrolero venezolano por parte de Estados Unidos es un acto de «piratería estatal». «La intercepción de un mercante que transportaba petróleo cerca de las costas de...

El Gobierno de Estados Unidos (EE.UU.) ha intensificado su campaña de presión contra la República Bolivariana de Venezuela al confirmar el robo de facto de un buque petrolero en aguas del Caribe. Esta acción, que el presidente Donald Trump trató de disfrazar como una simple «incautación», marc...

Miles de manifestantes protestaron en Italia contra el recrudecimiento de la política agresiva de Estados Unidos contra Venezuela y la amenaza de ataques militares contra esa nación latinoamericana. La amplia movilización, convocada por organizaciones políticas, sociales y estudiant...

Falling oil prices and strengthening Russian currency are set to slash Russia’s oil and gas revenues by nearly 50% in December from a year earlier, to the lowest level since August 2020, according to Reuters calculations.  Revenues for the state from oil and gas are set to reach $5.15 billion (410 billion Russian rubles) this month, nearly halved from December last year, and the lowest in over five years. The last time Russia had this roughly level of oil and gas revenues, at $5.1 billion (405 billion rubles), was in August 2020, when…