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Why Supplying Europe With LNG Has a Best-Before Date
Canada’s proposed associate membership with the European Union is a first-of-its-kind political and economic partnership announced by Prime Minister Mark Carney and EU leaders during the October 2026 Canada-EU Summit in Montreal. The arrangement creates a multi-layered tie that goes well beyond a standard free-trade agreement (like CETA), while stopping short of full EU membership. The push is driven largely by a need to reduce economic and strategic reliance on the United States amid ongoing trade tensions, tariff disputes, and political…
Categories: Oil news
Venezuela firma 80 acuerdos de hidrocarburos con empresas internacionales
3 de noviembre de 2026.- Venezuela ha suscrito 80 acuerdos en el área de los hidrocarburos con múltiples corporaciones internacionales durante el presente año y mantiene su total apertura hacia nuevas inversiones, indicó este martes 3 de noviembre la ministra de Hidrocarburos, Paula Henao Vera, dura...
Categories: Venezuelan news
Houthi Fighters Launch Ground Incursions Into Saudi Arabia
Fresh reporting in Middle East regional outlets suggests a major escalation in Houthi attacks on Saudi Arabia. While drones and missiles have been launched on Saudi territory almost daily since September, a new report says that Houthi militants are actually conducting ground force incursions. In a development that's been largely unreported, "The Houthis have launched multiple cross-border raids into Saudi Arabia in recent months, in an expansion of the conflict beyond Yemen, a Western and Arab official with direct knowledge of the raids told Middle…
Categories: Oil news
Delcy Rodríguez traza la ruta económica de Venezuela hacia el 2040
3 de noviembre de 2026.- En el marco de la inauguración del Foro Empresarial Portugal-Venezuela, la presidenta de la República, Delcy Rodríguez, presentó un balance sobre la evolución de los principales indicadores financieros del país.
Durante su intervención ante las delegaciones diplomátic...
Categories: Venezuelan news
Why Higher Oil Prices Aren't Solving Saudi Aramco's Biggest Problems
The world’s largest listed oil company, Saudi Aramco, is again in the spotlight. The company’s results, released on 3 November, clearly offer an uncomfortable lesson in wartime economics. Yes, an oil company can post higher profits even as its physical operating position deteriorates. Higher prices can counter lost production; exceptional accounting gains can lift headline earnings. Still, none of these proves the underlying business is secure. Aramco reported third-quarter net income of $36.25 billion, up 34.5% year-on-year. However,…
Categories: Oil news
Iran War Triples Logistics Costs for Oil Services Firms
Oilfield services companies are paying as much as three times their usual logistics costs in the Middle East, with fuel expenses doubling and labor costs climbing by as much as 40%, as the Iran war continues to disrupt equipment deliveries and project operations. Executives speaking Tuesday at the ADIPEC energy conference in Abu Dhabi described mounting financial pressure from the nine-month conflict, which has damaged infrastructure, forced employee evacuations, and made moving equipment through the Strait of Hormuz increasingly difficult. Alessandro…
Categories: Oil news
Iran War Triples Logistics Costs for Oil Services Firms
Oilfield services companies are paying as much as three times their usual logistics costs in the Middle East, with fuel expenses doubling and labor costs climbing by as much as 40%, as the Iran war continues to disrupt equipment deliveries and project operations. Executives speaking Tuesday at the ADIPEC energy conference in Abu Dhabi described mounting financial pressure from the nine-month conflict, which has damaged infrastructure, forced employee evacuations, and made moving equipment through the Strait of Hormuz increasingly difficult. Alessandro…
Categories: Oil news
Iran War Triples Logistics Costs for Oil Services Firms
Oilfield services companies are paying as much as three times their usual logistics costs in the Middle East, with fuel expenses doubling and labor costs climbing by as much as 40%, as the Iran war continues to disrupt equipment deliveries and project operations. Executives speaking Tuesday at the ADIPEC energy conference in Abu Dhabi described mounting financial pressure from the nine-month conflict, which has damaged infrastructure, forced employee evacuations, and made moving equipment through the Strait of Hormuz increasingly difficult. Alessandro…
Categories: Oil news
República Checa: inusual huelga de los trabajadores de la radio y la televisión públicas
3 de noviembre de 2026.- “Un día sin precedentes en la historia de los medios públicos checos”: así comenzó el noticiero de medianoche de este 3 de noviembre en la televisión pública checa. En un país donde las huelgas son poco frecuentes, los métodos empleados recientemente por la coalición goberna...
Categories: Venezuelan news
Brazil's Data Center Push Hinges on Gas Rules, Grid Access and a New Congress
With the election settled, the presidency continuing for four more years and a newly elected Congress taking office in February, Brazil’s data center policy now hinges on execution, requiring tight coordination between parliament and the executive branch. Most clean tech policies can advance through decrees and agency rules, but data centers are an exception: Unlocking hyperscale investment requires Congress and the executive branch to align statutory tax incentive deadlines with regulatory definitions that are still to be written.At the…
Categories: Oil news
Encuentro sobre reivindicaciones al sector de las mujeres venezolanas con Mujeres por la Paz, Convivencia Democrática y Presidencia de la República
El encuentro se realizó con representantes de distintos entes e integrantes de la mesa de Mujeres por la Paz y la Convivencia Democrática, además de sectores políticos y sociales, con el objetivo de dar seguimiento y respaldo a las políticas de género impulsadas por el Estado venezolano
Categories: Venezuelan news
Hormuz Oil Flows Unlikely to Return to Pre-War Levels, Rystad Says
The United States and Iran could reach some form of a limited agreement by the middle of 2027, which would allow oil flows from the Strait of Hormuz to continue to gradually recover, but fundamental differences will remain, and the Middle East situation will remain far from normal next year, according to Rystad Energy. “Achieving a comprehensive settlement would require addressing issues related to Iran’s nuclear program, sanctions, Tehran-backed armed groups in the region, and the security of maritime shipping, while also taking into…
Categories: Oil news
Hormuz Oil Flows Unlikely to Return to Pre-War Levels, Rystad Says
The United States and Iran could reach some form of a limited agreement by the middle of 2027, which would allow oil flows from the Strait of Hormuz to continue to gradually recover, but fundamental differences will remain, and the Middle East situation will remain far from normal next year, according to Rystad Energy. “Achieving a comprehensive settlement would require addressing issues related to Iran’s nuclear program, sanctions, Tehran-backed armed groups in the region, and the security of maritime shipping, while also taking into…
Categories: Oil news
Casi cinco mil detenidos tras tres sábados de protestas en Francia
3 de noviembre de 2026.- La policía francesa arrestó a cuatro mil 914 personas durante los últimos tres sábados de movilizaciones nacionales, para protestar contra la carestía de la vida, informó hoy el ministro francés de Justicia, Gérarld Darmanin.
El 70 por ciento de los detenidos era mayor de...
Categories: Venezuelan news
Drax Unveils £20 Billion AI Data Centre Plans at UK Biomass Plant
Energy company Drax has unveiled plans to build a new data centre at the site of its North Yorkshire power plant, which uses wood as fuel. The FTSE 250 firm’s biomass plant is predominantly powered by wood pellets, but also uses straw and sunflower pellets. The company said it intends to use surplus energy capacity at the plant to power the new facility, in a new partnership with AI infrastructure business Radiant. Drax said it hoped the total capacity of the data centre would exceed one gigawatt, with the first phase to deliver up to 100…
Categories: Oil news
Abren los primeros colegios electorales en EEUU, en una jornada que marcará la presidencia
3 de noviembre de 2026.- Los primeros colegios electorales comenzaron a abrir a las 5.00 de la mañana (10.00 GMT) en el estado de Vermont, fronterizo con Canadá, para las elecciones de medio mandato que celebra este martes Estados Unidos en las que están llamados a votar más de 250 millones de elect...
Categories: Venezuelan news
Trump Bombs Iran, Talks Peace, and Sends Oil Prices Tumbling
Brent slipped below $105 this morning following a flurry of headlines suggesting growing momentum in U.S.-Iran peace talks, only for Tehran to subsequently dismiss the reports. US Midterms Give Oil Markets a Brief Diplomatic Reprieve - The steep backwardation seen across global crude oil benchmarks has started to flatten as markets sought to digest news of Qatar-mediated talks between the US and Iran, with Dubai M1-M3 structure nearing zero this week. - As the Dubai cash-to-futures spread is routinely used to set Middle Eastern…
Categories: Oil news
(VIDEO) Si pierde Trump, tambalea Milei | El editorial de Ari Lijalad
Martes, 03 de noviembre de 2026.- Si pierde Trump, tambalea Milei, El editorial de Ari Lijalad
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Categories: Venezuelan news
IEA Warns Global Gas Crunch Could Last Well into 2027
The global gas market could remain tight well into next year as Europe enters the heating season with the lowest levels of gas in storage in over a decade, the International Energy Agency (IEA) said in a new report on Tuesday. Despite the strengthened interconnectivity of the various regional gas markets in recent years, thanks to expanded spot trading and a higher number of destination-flexible LNG cargoes, the Strait of Hormuz crisis has seriously affected gas markets in Europe and Asia, according to the IEA’s Global Gas Security…
Categories: Oil news
IEA Warns Global Gas Crunch Could Last Well into 2027
The global gas market could remain tight well into next year as Europe enters the heating season with the lowest levels of gas in storage in over a decade, the International Energy Agency (IEA) said in a new report on Tuesday. Despite the strengthened interconnectivity of the various regional gas markets in recent years, thanks to expanded spot trading and a higher number of destination-flexible LNG cargoes, the Strait of Hormuz crisis has seriously affected gas markets in Europe and Asia, according to the IEA’s Global Gas Security…
Categories: Oil news

