End of Assad Regime Raises Risks of Syrian Fuel Shortages - The fall of the Assad regime in Syria after Bashar al-Assad fled the country and ended his 24-year tenure as president might engender a widespread fuel shortage across the Middle Eastern country.   - The Syrian port of Baniyas was dependent on Iranian fuel supplies and the approximately 60,000 b/d of oil that Tehran was sending to Syria kept the country’s two existing refineries operational. - As representatives of Hayat Tahrir al-Sham rose to prominence in Syria, Iranian crude…

Light crude oil futures climbed 4.52% this week as of Thursday, reflecting a mix of supportive and limiting factors that shaped market activity. Key drivers included Chinese economic policy changes, Middle Eastern unrest, U.S. inventory levels, and global supply forecasts. China’s Economic Policies Stoke Demand Optimism China’s announcement of a "moderately loose" monetary policy boosted expectations for higher crude demand. This marked the country’s first easing of monetary policy in over a decade, aimed at addressing weak economic…

Politics, Geopolitics & Conflict The Iraqi parliament has delayed a decision on Kurdish crude oil exports until January, prolonging a year-long suspension of deliveries amid disputes over authority and compensation. The deadlock stems from disagreements over the costs of oil production and transport in Kurdistan, prompting Kurdish parliamentarians to withdraw from discussions. An ICC ruling in March 2023 in favor of Iraq barred Turkey from authorizing Kurdish exports via the Iraq-Turkey pipeline without Baghdad's approval, further complicating…

After a 54-year rule, the Assad regime was toppled last weekend by a rebel advance that managed to overthrow the regime without much of a fight, largely because Assad’s forces deserted as the rebels advanced, while allies Russia, Iran, and Iranian proxy Hezbollah failed to come to Assad’s rescue (in Syria, at least). Israel followed up in a clean sweep operation, conducting nearly 500 airstrikes in 48 hours, taking out strategic Syrian military targets to avoid them falling into the hands of whatever new leadership emerges from the…

U.S.-based Kosmos Energy said it is in early preliminary discussions to potentially buy Tullow Oil in an all-share transaction that could create an oil producer focused on Africa. “There can be no certainty that any offer will be made, nor as to the terms on which any offer might be made,” Kosmos Energy said, confirming an earlier statement from Tullow Oil that it had been approached for talks by Kosmos. The U.S.-based oil and gas company reserves the right to vary the form and/or mix of the offer consideration and vary the transaction…

Alrededor de 1,1 millones de personas se han tenido que desplazar en toda Siria desde que comenzaron a intensificarse las hostilidades el 27 de noviembre, en su mayoría mujeres y niños, recoge la Oficina de las Naciones Unidas para la Coordinación de Asuntos Humanitarios (OCHA, por sus siglas ...

El presidente de la República, Nicolás Maduro afirmó que la industria farmacéutica venezolana está en condiciones de producir casi en un 100 %. Esta declaración fue emitida durante la inauguración de la Universidad Nacional de las Ciencias Dr. Humberto Fernández-Morán. Esto a propós...

Un estudio revela el temor generalizado a la muerte que la guerra israelí en Gaza ha infundido en corazones de los niños de esa franja costera. La investigación, cuyos resultados se publicaron el miércoles en el diario británico The Guardian, fue realizada por el Centro Comunitario ...

Nigerian firm Seplat Energy plans to revive output from hundreds of currently idle oil wells after completing the purchase of ExxonMobil’s onshore operations in the biggest African oil producer, senior Seplat executives told Bloomberg. After two years of regulatory checks and reviews, Nigerian authorities finally approved in October the $1.3-billion sale of Exxon’s onshore assets to Seplat. The Nigerian company, which is listed in Lagos and London, said on Thursday that had completed its acquisition of Mobil Producing Nigeria Unlimited…

Nigerian firm Seplat Energy plans to revive output from hundreds of currently idle oil wells after completing the purchase of ExxonMobil’s onshore operations in the biggest African oil producer, senior Seplat executives told Bloomberg. After two years of regulatory checks and reviews, Nigerian authorities finally approved in October the $1.3-billion sale of Exxon’s onshore assets to Seplat. The Nigerian company, which is listed in Lagos and London, said on Thursday that had completed its acquisition of Mobil Producing Nigeria Unlimited…

La vicepresidenta Ejecutiva, Delcy Rodríguez, aseguró este jueves que el "bloqueo" de Estados Unidos busca "torturar y asfixiar" la economía venezolana. La alta funcionaria afirmó durante la XXV edición del Foro Mundial de Zonas Económicas Especiales y la Transic...

Fracking techniques perfected in the U.S. shale patch could help drill for deeper and hotter geothermal energy resources and slash geothermal costs to make this low-carbon energy source competitive to other clean energy solutions, the International Energy Agency (IEA) said on Friday. Recent advances in horizontal drilling and hydraulic fracturing, “honed through oil and gas developments in North America,” are now opening a new potential for global geothermal energy, the agency said in its report ‘The Future of Geothermal Energy’.…

El Instituto Nacional de Meteorología e Hidrología (Inameh), en su reporte matutino, detalló que, para este viernes 13 de diciembre de 2024, se prevé nubosidad parcial y zonas despejadas en gran parte del país. Sin embargo, el ente indicó que prevalecerán lluvias o lloviznas dispersas en Guaya...

El presidente electo de Estados Unidos, Donald Trump, celebró un momento simbólico este jueves al participar en el toque de campana en la Bolsa de Nueva York, un acto tradicionalmente reservado para empresarios que comienzan su inversión en el país. Este evento coincidió con su reco...

13-12-24.-El precio del dólar en el Banco Central de Venezuela (BCV) se cotizó este jueves 12 de diciembre 2024 en Bs.49,90 por unidad según la última actualización en su página web oficial y redes sociales. El euro se co...

U.S. LNG developer and producer Venture Global is set to produce the first liquefied natural gas from its newest project, Plaquemines LNG, as soon as this week, but the commissioning phase will last up to two years during which Venture Global will keep all revenues. The first production at Plaquemines LNG, possibly this week, would be the first new LNG output from a U.S. facility in two years, according to data from LSEG cited by Reuters. While the plant will soon begin producing LNG, its buyers under long-term contracts – including ExxonMobil,…

13-12-24.-El presidente de Brasil, Luiz Inácio Lula da Silva, se encuentra «neurológicamente perfecto» luego de una cirugía urgente a la que fue sometido esta semana por una hemorragia intracraneal, informó este jueves su equipo médico tras una nueva intervención. Lula, de 79 años, fue operado co...

13-12-24.-En el foro, que tenía por título "Ley contra el odio, marco legal de la represión", participaron como ponentes María Alejandra Díaz, abogada constitucionalista y miembro del Frente Democrático Popular (FDP); Luis Gustavo Zapata, integrante del Comité por la Libertad de lxs Trabajador...

13-12-24.-El gobierno de Venezuela formuló y publicó en gaceta oficial la Ley Orgánica de Justicia de Paz Comunal al ser sancionada por la asamblea nacional el pasado 12 de noviembre. Tras esta normativa, el próximo 15 de diciembre se efectuará elecciones para elegir a los cargos de jueces de paz...

13-12-24.-El miércoles 11 de diciembre fueron excarcelados cuatro menores de edad en el estado Carabobo que habían sido arbitrariamente detenidos en el contexto de las protestas populares que siguieron al anuncio de los resultados de las elecciones presidenciales el 28 de julio. Se trata de lo...