Colombia’s state-controlled oil giant Ecopetrol may increase spending and boost output if elevated oil prices persist amid the escalating Middle East conflict, the company’s chief executive said Thursday. Benchmark Brent crude has surged to its highest level in more than a year following U.S.-Israel strikes on Iran and disruptions to exports from the Persian Gulf. Brent climbed to more than $85 per barrel this week, up from roughly $70 before the conflict erupted on February 28. Ecopetrol CEO Ricardo Roa told analysts during the company’s…

El presidente Donald Trump anunció el jueves en redes sociales la destitución de la secretaria de Seguridad Nacional, Kristi Noem, Trump decide expulsar a Noem tras aumentar la frustración entre funcionarios de la Casa Blanca y legisladores republicanos, anunciando el nombramiento del senador ...

El gobierno de Venezuela firmó nuevos acuerdos petroleros con la multinacional Shell, según informó la televisión estatal venezolana, en un acto encabezado por la presidenta encargada Delcy Rodríguez. Las autoridades no ofrecieron detalles sobre el contenido o alcance de los convenios.

In the wake of U.S. and Israeli strikes on Iranian military infrastructure, the financial press has reflexively focused on oil. Tanker traffic, Brent crude, and the risk of triple-digit prices dominate the discussion. But oil is not the only commodity posing a serious long-term risk. Another deep vulnerability runs through natural gas—and from there into nitrogen fertilizer. If commercial shipping through the Strait of Hormuz were significantly restricted, the impact would extend beyond fuel markets. It would reach directly into global food…

Irán justifica estos golpes en Dubái y el Golfo como un acto legítimo de defensa soberana frente al terrorismo de Estado y la agresión imperialista de Washington Un ataque combinado de las fuerzas navales del Cuerpo de la Guardia Revolucionaria Islámica de Irán (CGRI), dejó este mar...

It's been a wild ride in crude over the past few days, with Brent crude futures were capped near $84 a barrel on Tuesday afternoon before sliding down to the $81 level late Wednesday afternoon, only to surge back up to $84 this morning... ...as shipping industry insiders and Wall Street analysts await exact details on the Trump administration's proposal to keep tankers transiting the Strait of Hormuz. The critical maritime chokepoint remains paralyzed, raising the risk of an energy shock in parts of the world that rely heavily on those flows, particularly…

Sobre el cielo nocturno de Caracas, se perfilaba en enero una silueta luminosa de Nicolás Maduro y su esposa, Cilia Flores. La luz de cientos de drones, en un espectáculo aéreo organizado por el gobierno de Venezuela, dejaba la imagen de ambos suspendida frente a las nubes antes de cambiar de ...

El Senado de Estados Unidos rechazó el miércoles una resolución para limitar los poderes del presidente Donald Trump en la guerra con Irán, gracias al respaldo mayoritario de los republicanos a la ofensiva lanzada junto a Israel. La iniciativa fue rechazada con una votación de 53 a ...

Octopus founder and government adviser Greg Jackson has urged Labour to “use what’s available” in the North Sea and rethink its key net zero policies.  Jackson said the county was “staring down the barrel” of an energy price shock in light of the conflict in the Middle East.  The Octopus chief executive who is also a member of the industrial strategy advisory council and has shared close ties with key government figures including business secretary Peter Kyle, warned “economic damage” from the…

The crisis around the Strait of Hormuz has become a severe stress test for both Gulf crude suppliers and their key buyers. Despite repeated assurances from U.S. officials that the waterway was never formally blocked, satellite tracking suggests that no oil or product tankers transited the strait since March 1. The disruption immediately placed the world’s largest importers under pressure. China and India together consume tens of millions of barrels per day, and both remain structurally dependent on Gulf crude. China has steadily expanded…

Jueves, 05 de marzo de 2026.- Para Ängel Arias, trabajador del sector público y quien forma parte del la Liga de Trabajadores Socialistas (LTS), quien estuvo presente en la protesta por un salario justo y el respeto por los derechos de los trabajadores que se efectuó el jueves 26, frente a la ...

A drone strike hit oil infrastructure in Bahrain’s Ma’ameer industrial area, according to multiple early reports Thursday morning, raising  concerns about the vulnerability of Gulf refining assets as regional tensions escalate. The Ma’ameer area is home to infrastructure connected to BAPCO’s refining operations. While full details remain limited, early reports indicate an Iranian ballistic missile attack targeted energy infrastructure in the industrial zone rather than upstream production. Authorities have not yet released…

A drone strike hit oil infrastructure in Bahrain’s Ma’ameer industrial area, according to multiple early reports Thursday morning, raising  concerns about the vulnerability of Gulf refining assets as regional tensions escalate. The Ma’ameer area is home to infrastructure connected to BAPCO’s refining operations. While full details remain limited, early reports indicate an Iranian ballistic missile attack targeted energy infrastructure in the industrial zone rather than upstream production. Authorities have not yet released…

A drone strike hit oil infrastructure in Bahrain’s Ma’ameer industrial area, according to multiple early reports Thursday morning, raising  concerns about the vulnerability of Gulf refining assets as regional tensions escalate. The Ma’ameer area is home to infrastructure connected to BAPCO’s refining operations. While full details remain limited, early reports indicate an Iranian ballistic missile attack targeted energy infrastructure in the industrial zone rather than upstream production. Authorities have not yet released…

Shell and Kazakhstan have signed an agreement for oil and gas exploration in the Zhanaturmys block in western Kazakhstan, the Kazakh Energy Ministry said on Thursday. The agreement – signed by Kazakhstan’s Deputy Energy Minister Yerlan Akbarov and Suzanne Coogan, Senior Vice President and Country Chair at Shell Kazakhstan – entails seismic exploration, data collection, and technical assessment of potential oil and gas resources in the Zhanaturmys block. The contract will run until 2032, considering the scale and technical complexity…

The world’s top crude importer, China, plans to further boost its undisclosed strategic oil reserves and expand storage capacity under its newly-unveiled five-year development plan. China will build more projects to expand its oil reserves, according to the authorities, who did not provide figures or details about the expected jump in crude reserve buildups and capacities. The country is also betting on growing its domestic natural gas production and keeping its crude oil output steady at about 4 million barrels per day (bpd), or 200 million…

El Cuerpo de la Guardia Revolucionaria Islámica (IRGC) afirmó este jueves haber atacado un petrolero estadounidense en el golfo Pérsico, recoge la agencia Tasnim. De acuerdo con la información com...

Japan’s oil refiners, which source about 95% of their crude supply from the Middle East, are calling on the Japanese government to tap the strategic petroleum reserves to ensure smooth operations and crude for refineries as the Middle East war escalates.      Japanese refiners are in talks with the government to potentially access strategic stockpiles and oil stored in tanks that are leased to producing countries, anonymous sources with knowledge of the development told Bloomberg on Thursday.   On Tuesday,…

Japan’s oil refiners, which source about 95% of their crude supply from the Middle East, are calling on the Japanese government to tap the strategic petroleum reserves to ensure smooth operations and crude for refineries as the Middle East war escalates.      Japanese refiners are in talks with the government to potentially access strategic stockpiles and oil stored in tanks that are leased to producing countries, anonymous sources with knowledge of the development told Bloomberg on Thursday.   On Tuesday,…

El mes de marzo comenzó con la asignación del Bono Único Familiar, cuyo monto es de 6.300 bolívares, el cual va dirigido a jefes de hogar registrados en el Sistema Patria, según informó el canal Patria Digital. El mensaje difundido a través de Telegram señala que "inicia la ent...