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Phillips 66 Beats Estimates as Refining Margins Rebound From 2024 Lows
Houston, Texas-based refiner Phillips 66 (NYSE:PSX) has exceeded Wall Street estimates for the fourth quarter as U.S. refining margins posted a strong rebound from 2024 lows. Phillips posted Q4 EPS of $2.47, $0.32 above the Wall Street consensus, while fourth quarter earnings of $2.91 billion represented a big jump from third quarter earnings of $133 million, and also generated $2.8 billion of net operating cash flow. Refinery margins for the quarter, measured by the 3-2-1 crack spread, improved 45% Y/Y on average thanks to a rebound in product…
Categories: Oil news
Phillips 66 Beats Estimates as Refining Margins Rebound From 2024 Lows
Houston, Texas-based refiner Phillips 66 (NYSE:PSX) has exceeded Wall Street estimates for the fourth quarter as U.S. refining margins posted a strong rebound from 2024 lows. Phillips posted Q4 EPS of $2.47, $0.32 above the Wall Street consensus, while fourth quarter earnings of $2.91 billion represented a big jump from third quarter earnings of $133 million, and also generated $2.8 billion of net operating cash flow. Refinery margins for the quarter, measured by the 3-2-1 crack spread, improved 45% Y/Y on average thanks to a rebound in product…
Categories: Oil news
(VIDEO) Suhey Ochoa: se puede estar contra la ocupación gringa
Miércoles, 04 de febrero de 2026.- Estamos acá presentes, diferentes organizaciones, movimientos de izquierda, sociales y activistas feministas para pronunciarnos en contra de la intervención que está teniendo la política
neocolonial de Trump , en Venezuela.
El tres de...
Categories: Venezuelan news
Chevron Signs Initial Deal to Explore Syrian Waters
U.S. oil major Chevron Corp. (NYSE:CVX) has signed a memorandum of understanding with Qatari firm UCC Holding and Syria’s National Oil Company (NOC), the Syrian Petroleum Company, to explore for oil and gas in offshore Syria, a region lying between major gas discoveries in Israel and Egypt, Reuters has reported. Currently, Syria gets the lion’s share of its oil production from onshore fields in the northeast, including the Al-Omar field. Syria is geographically close to the prolific Leviathan gas field, as both are located in…
Categories: Oil news
Escándalo en Inglaterra: Policía de Londres abre investigación criminal contra Peter Mandelson por nexos con Jeffrey Epstein
La Policía Metropolitana de Londres ha iniciado formalmente una investigación criminal contra el veterano político laborista y exministro, Peter Mandelson, por presunta mala conducta en el ejercicio de un cargo público. El anuncio, realizado este martes, surge tras la publicación de más de 3 m...
Categories: Venezuelan news
Germany, France, and Italy Lead EU Push to Curb Reliance on China’s Minerals
The European Union’s biggest economies – Germany, France, and Italy – will lead the bloc’s efforts to build stockpiles of critical minerals to reduce dependence on China, sources familiar with the plans told Reuters on Wednesday. Germany will be responsible for overseeing the sourcing of the critical minerals, France will take charge of helping secure financing for the EU’s purchases, and Italy will oversee the storage of the key metals and minerals, sources who attended a meeting with EU officials in December…
Categories: Oil news
Germany, France, and Italy Lead EU Push to Curb Reliance on China’s Minerals
The European Union’s biggest economies – Germany, France, and Italy – will lead the bloc’s efforts to build stockpiles of critical minerals to reduce dependence on China, sources familiar with the plans told Reuters on Wednesday. Germany will be responsible for overseeing the sourcing of the critical minerals, France will take charge of helping secure financing for the EU’s purchases, and Italy will oversee the storage of the key metals and minerals, sources who attended a meeting with EU officials in December…
Categories: Oil news
Excombatientes conmemoran rebelión del 4F con llamados a la unidad, la conciencia y la dignidad
4 de febrero de 2026.- El político y militar venezolano Francisco José Ameliach Orta manifestó este día que la Revolución Bolivariana ha tenido grandes logros en estos 27 años y es fortalecer la conciencia histórica del pueblo, base sólida de la unidad, como se ha demostrado tras la agresión imperia...
Categories: Venezuelan news
(VIDEO) Antonio Guerrero, uno de los Cinco Héroes Cubanos: "Enfrentaremos al Imperio en las condiciones que sean"
Antonio Guerrero analiza la preparación de Cuba ante posibles agresiones y el nuevo orden global
En una entrevista para Cubainformación TV desde Madrid, Antonio Guerrero Rodríguez, uno de los Cinco Héroes Cubanos, abordó la capacidad de respuesta de Cuba frente a la...
Categories: Venezuelan news
Azerbaijan Breaks Ground on Power Line Linking the Caspian to Europe
Azerbaijan’s power transmission grid operator AzerEnergy, has begun construction of Azerbaijan’s sections of a planned line that ultimately can connect Azerbaijan and Europe via the TRIPP corridor and Turkey. The power line received a green light under the TRIPP corridor agreement signed last summer in Washington. According to AzerEnergy, work has started both on a 74-kilometer section of line inside Azerbaijan and a 105-kilometer-long section inside the country’s Nakhchivan enclave. Both lines are rated…
Categories: Oil news
Ejército israelí mató a 12 palestinos en Gaza, incluidos cuatro niños
4 de febrero de 2026.- Al menos 12 palestinos, incluidos cuatro niños, murieron y numerosos resultaron heridos hoy en la Franja de Gaza por una ola de ataques del Ejército israelí.
La agencia oficial de noticias Wafa denunció que nueve perdieron la vida, entre ellos tres menores, como resultado ...
Categories: Venezuelan news
Ministerio de Educación prohíbe a planteles exigir aportes económicos y disfraces costosos para Carnaval
4 de febrero de 2026.- Este martes, el ministro de Educación, Héctor Rodríguez, emitió un llamado a todos los docentes del país en el marco de la celebración del Carnaval 2026. En su mensaje, instó a los educadores a evitar la solicitud de contribuciones económicas a los estudiantes y a no promover ...
Categories: Venezuelan news
Uniper Shrugs Off Europe’s Growing Reliance on American LNG
Uniper is not concerned that Europe now gets more than half of its LNG supply from the United States, as it is the most economical solution while buyers seek to diversify imports from other global providers, according to Carsten Poppinga, the German utility giant’s chief commercial officer. In recent weeks, EU officials, including Energy Commissioner Dan Jorgensen, have said that moves by the U.S. Administration such as President Donald Trump’s promise to “own” Greenland, are a “wake-up call” for Europe…
Categories: Oil news
Autoridades conmemoran el 34° aniversario de la rebelión militar del 4F
4 de febrero de 2026.- Con motivo de conmemorarse el 34° aniversario de la rebelión cívico militar que dio un giro en la historia de Venezuela el 4 de febrero de 1992, autoridades del Gobierno han recordado aquel día que estremeció a la nación.
El secretario de Movilización de Calle del Partido S...
Categories: Venezuelan news
Conozca cómo cobrar el Bono Único Familiar de Febrero 2026
Desde este 4 de febrero, la Plataforma Patria ha comenzado la distribución del Bono Único Familiar, una asignación económica destinada a los hogares venezolanos. El monto establecido para este beneficio es de 4.800 bolívares.
La entrega se realizará de manera progresiva. Los benefic...
Categories: Venezuelan news
Crude Oil Inventories Continue To Fall: EIA
Crude oil inventories in the United States decreased by 3.5 million barrels during the week ending January 30, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday. The decrease brings commercial stockpiles to 420.3 million barrels according to government data, which is 4% below the five-year average for this time of year. Analysts had expected a 2 million barrel drop in inventory. The EIA’s data release follows API’s figures that were released a day earlier, which suggested that crude oil…
Categories: Oil news
Trafigura Calls for a Rethink of LNG Project Funding
The current financing model for most LNG export projects, where banks require a large part of the future volumes to be contracted in advance in long-term deals, needs to change, according to Richard Holtum, chief executive at major commodity trader Trafigura. Currently, projects in the Americas, for example, need to show the banks that 80-90% of their future annual supply is already locked in long-term contracts with buyers. “I feel sorry for LNG projects in the US,” Holtum said on a panel at the LNG2026 conference in Doha, Qatar, as…
Categories: Oil news
Presidentes de Rusia y China comprometidos con Cuba y Venezuela
El presidente ruso, Vladimir Putin, y su homólogo chino, Xi Jinping, manifestaron hoy estar a favor de mantener el nivel alcanzado en la colaboración con Cuba y Venezuela.
Tras finalizar la habitual videoconferencia de inicio de año entre los jefes de Estados, prevista para revisar ...
Categories: Venezuelan news
Sus refinerías pueden procesarlo: Marathon Petroleum compró 2 cargamentos de petróleo venezolano
La empresa energética estadounidense Marathon Petroleum informó este martes, que compró 2 cargamentos de petróleo crudo venezolano a finales del mes pasado y espera que sus refinerías puedan procesar más petróleo venezolano.
La directora ejecutiva Marathon Petroleum, Maryann Mannen,...
Categories: Venezuelan news

