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Middle East Energy Infrastructure Damage Close to $60 Billion

Oil news - Fri, 04/17/2026 - 01:00
Damage caused to energy infrastructure in Gulf states would cost $58 billion to repair, Rystad Energy estimated this week, suggesting the fallout of the war between the U.S. and Israel, and Iran is more severe than futures market-focused observers would assume, because just two weeks ago, Rystad had calculated the damage at less than half that amount. According to the International Energy Agency’s head, Fatih Birol, more than 80 oil and gas facilities in Gulf states have been damaged in U.S. and Israeli attacks on Iran's oil and gas facilities…
Categories: Oil news

IEA Chief Says Oil, Gas Recovery Could Take Two Years After War Damage

Oil news - Fri, 04/17/2026 - 00:30
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

Oil news - Fri, 04/17/2026 - 00:30
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

Oil news - Fri, 04/17/2026 - 00:00
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

Oil news - Fri, 04/17/2026 - 00:00
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

Apporea noticias - Thu, 04/16/2026 - 23:03
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

Oil news - Thu, 04/16/2026 - 23:00
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"

Apporea noticias - Thu, 04/16/2026 - 22:44
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

Apporea noticias - Thu, 04/16/2026 - 22:24
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

Oil news - Thu, 04/16/2026 - 22:00
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

US-Iran Talks to Span Past Summer As Oil Flows Remain Disrupted

Oil news - Thu, 04/16/2026 - 21:15
A U.S.-Iran peace deal is not weeks away. Officials in the Gulf region are bracing for a timeline closer to six months. The Strait of Hormuz remains effectively shut. Flows are nowhere near normal. Gulf exporters are unable to move crude, LNG, and refined products at scale. That is already showing up in prices. Brent climbed nearly 5% on Thursday to trade above $99 per barrel and remains roughly 36% higher since the war began in late February. Leaders in the region want the Strait reopened immediately, and their concern goes well beyond energy.…
Categories: Oil news

Trump anunció alto al fuego de 10 días entre Israel y Líbano

Apporea noticias - Thu, 04/16/2026 - 21:08
16 de abril de 2026.- El presidente de Estados Unidos, Donald Trump, anunció que Israel y el Líbano han acordado a partir de hoy un alto el fuego de diez días para lograr la paz, después de sostener «excelentes» llamadas telefónicas con los líderes de ambas naciones. «Acabo de mantener excelentes...
Categories: Venezuelan news

Wartime Surge in Iran-Tajikistan Trade Draws Scrutiny

Oil news - Thu, 04/16/2026 - 21:00
Bilateral trade between Iran and Tajikistan has skyrocketed during the first quarter of 2026, a timeframe coinciding with the start of the US/Israeli-Iran war. The jump in trade raises questions about whether Iran is trying to open a conduit via Tajikistan to procure technology and goods with military applications, and/or obtain essential goods for civilian use. Iran’s ambassador in Dushanbe, Alirizo Hakikiyon, met with top Tajik Transport Ministry officials on April 14 for discussions on expanding and expediting overland trade between the…
Categories: Oil news

Eduardo Sánchez: ‘El pueblo ha dicho basta y se ha echado a andar’

Apporea noticias - Thu, 04/16/2026 - 20:13
16 de abril de 2026.- El 8 de abril la Presidenta Encargada Delcy Rodríguez anunció varias medidas económicas, incluyendo un aumento del salario mínimo para los trabajadores venezolanos ...
Categories: Venezuelan news

Paraguay: sindicatos convocan a movilización del 1 de mayo por pérdida del poder adquisitivo y reclamos salariales

Apporea noticias - Thu, 04/16/2026 - 20:03
16 de abril de 2026.- Centrales sindicales convocan a una manifestación para el próximo 1 de mayo, en el marco del Día del Trabajador, ante la pérdida del poder adquisitivo en torno al 20% del salario mínimo y la suba de precios de productos básicos. El vicepresidente de la CUT-A (Central Unitari...
Categories: Venezuelan news

Iraq’s Gas Capture Plan Signals a Strategic Shift

Oil news - Thu, 04/16/2026 - 20:00
Iraq’s perennial unwillingness to reduce the vast amount of gas that it burns while drilling for oil (‘associated gas’) caused it three major problems over the years. To begin with, by failing to capture this gas for domestic power generation, the country was left reliant on Iran for as much as 40 percent of those needs, supplied through imported gas and electricity. That dependence gave Tehran an enormous lever over Baghdad, reinforcing the political, economic, and security influence it already wielded through its various proxy…
Categories: Oil news

Ley de Amnistía suma 14.368 solicitudes: Arreaza

Apporea noticias - Thu, 04/16/2026 - 19:39
16 de abril de 2026.- El diputado a la AN y presidente de la Comisión de Seguimiento de la Ley de Amnistía para la Convivencia Democrática, Jorge Arreaza, afirmó que el objetivo de esta ley de 2026 es romper el “círculo vicioso” de conspiraciones y perdones, sentando las bases de una paz que logre d...
Categories: Venezuelan news

U.K. Industry Chief Urges Approval of North Sea Oil Projects

Oil news - Thu, 04/16/2026 - 19:00
The boss of Britain’s largest industry body has called on the government to green-light extraction from two major North Sea oil fields and slash the windfall tax on domestic oil production in a bid to revitalise the country’s ailing oil and gas industry. CBI chief Rain Newton Smith said the North Sea was a “critical part” of the UK’s energy transition and that removing the additional tax on domestic producer profits and waving through the Jackdaw and Rosebank projects would encourage investment and economic activity.…
Categories: Oil news

Porto Alegre 2026: una convergencia antifascista y antiimperialista entre un éxito sin precedentes y grandes obstáculos

Apporea noticias - Thu, 04/16/2026 - 18:56
La conferencia antifascista y antiimperialista celebrada en Porto Alegre del 26 al 29 de marzo de 2026 constituyó un momento clave de recomposición internacionalista en un contexto mundial marcado por el auge de la extrema derecha y la multiplicación de los conflictos. Al reunir a m...
Categories: Venezuelan news

Iran Suspends Petrochemical Exports to Avoid Domestic Shortages

Oil news - Thu, 04/16/2026 - 18:30
Iran has suspended all its petrochemical exports to ensure domestic supply amid reduced local availability following Israeli strikes early this month. The Islamic Republic is halting all exports to prevent a supply crunch for its domestic industries and raw materials, local economic newspaper Donya-e-Eqtesad reported on Thursday. A senior official at the National Petrochemical Company issued the order earlier this week, the Iranian media report. Exports would be halted until further notice, according to the directive. The export halt is intended…
Categories: Oil news

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