OPEC Secretary General Haitham Al Ghais said in a statement on Wednesday that the group is looking forward to the prospect of a partnership with Namibia, the hottest new oil frontier after Guyana, with new discoveries lining up and first production of 2.6 billion barrels planned for 2030.  "We are excited about the potential of the Namibian OPEC partnership and stand ready to offer support at this crucial juncture," Al Ghais said in a pre-recorded message at an international energy conference in Namibia. "We are enthused by the discoveries…

OPEC Secretary General Haitham Al Ghais said in a statement on Wednesday that the group is looking forward to the prospect of a partnership with Namibia, the hottest new oil frontier after Guyana, with new discoveries lining up and first production of 2.6 billion barrels planned for 2030.  "We are excited about the potential of the Namibian OPEC partnership and stand ready to offer support at this crucial juncture," Al Ghais said in a pre-recorded message at an international energy conference in Namibia. "We are enthused by the discoveries…

24 de abril de 2024.- El Consejo Nacional Electoral (CNE) comenzó el proceso de notificación a electores seleccionados como miembros de mesa y juntas electorales. Los seleccionados están recibiendo un mensaje vía texto (SMS), en el que se les notifica su escogencia para participar activamente el ...

China’s fiscal woes are likely to drag on economies across the Caucasus and Central Asia over the next two years, the World Bank is forecasting.  The Bank’s economic update for 2024-25 says the entire area spanning Europe and Central Asia faces “multiple headwinds,” including China’s “lackluster recovery” and “moderating” commodity prices. “With heightened geopolitical risks and substantial policy uncertainty, investment growth … could weaken further, especially if progress…

China's coal market is poised for a significant uptick in prices, according to fresh insights from the China Coal Transportation and Distribution Association (CCTD). General Manager Han Lei of CCTD's research department highlighted that domestic thermal coal prices have surpassed 800 yuan ($110.41) per metric ton, which is seen by many in the industry as marking the bottom for the year. Current coal market dynamics suggest a trend of stabilization and resurgence in prices. Despite expectations for relatively flat coal output this year compared…

China's coal market is poised for a significant uptick in prices, according to fresh insights from the China Coal Transportation and Distribution Association (CCTD). General Manager Han Lei of CCTD's research department highlighted that domestic thermal coal prices have surpassed 800 yuan ($110.41) per metric ton, which is seen by many in the industry as marking the bottom for the year. Current coal market dynamics suggest a trend of stabilization and resurgence in prices. Despite expectations for relatively flat coal output this year compared…

24 de abril de 2024.- La Plataforma de Solidaridad con la Causa Palestina publicó su pedido de condenar la barbarie sionista dentro de la Ley Contra el Fascismo, Neofascismo y Expresiones Similares, en proceso de aprobación en el seno de la Asamblea Nacional bolivariana. La Plataforma de Solidari...

Last October, when we pointed out that China's FX outflows had just hit a whopping $75BN - the single biggest monthly outflow since the 2015 currency devaluation - we concluded that the "unfavorable interest rate spread between China and the US will "likely imply persistent depreciation and outflow pressures in coming months", or in other words, September's biggest FX outflow in years is just the beginning, and very soon - in addition to geopolitics and central banks - the world will also be freaking out about the capital flight out of China...…

Just a day after announcing it would restate the past two years of financial results, beleaguered SunPower Corp. (NASDAQ:SPWR) on Wednesday said it would reduce its workforce, cut a selection of residential installation locations, and halt direct sales, Reuters reports.  With shares down nearly 60% year-to-date, SunPower says it is seeking to simplify its business structure and move away from areas that are not sustainability profitable. In a letter to employees seen by Reuters, SunPower Principal Executive Officer, Tom Werner, said some 1,000…

Just a day after announcing it would restate the past two years of financial results, beleaguered SunPower Corp. (NASDAQ:SPWR) on Wednesday said it would reduce its workforce, cut a selection of residential installation locations, and halt direct sales, Reuters reports.  With shares down nearly 60% year-to-date, SunPower says it is seeking to simplify its business structure and move away from areas that are not sustainability profitable. In a letter to employees seen by Reuters, SunPower Principal Executive Officer, Tom Werner, said some 1,000…

24 de abril de 2024.- El sistema de transporte subterráneo, Metro de Caracas, informó que culminaron los trabajos que se realizaban en la línea 1 que va desde Propatria hasta Palo Verde. A través de la cuenta de la red social X, anunciaron que se realizó con éxito las labores de alto impacto de l...

Higher oil prices are expected to double Russia’s oil and gas revenues in April compared to the same month last year, according to Reuters calculations based on data from industry sources and official statistics on oil and gas production and supply.   This month, Russia is expected to pocket $14 billion (1.292 trillion Russian rubles) from oil and gas, according to the estimates. That’s double compared to the $7 billion (648 billion rubles) Russia received from oil and gas in April last year. This month’s Russian…

24 de abril de 2024.- El genocidio sionista contra la Franja de Gaza en las últimas 24 horas ha dejado al menos 79 muertos y 86 heridos, según los datos proporcionados este miércoles por el Ministerio de Sanidad de ese territorio palestino. De esta forma, de acuerdo a la autoridad de salud, la ci...

As well productivity in the U.S. shale patch has declined in the past two years, producers are looking to deploy new technology to reverse these declines, but small companies often cannot afford the high upfront costs, industry executives and analysts have told Reuters. While shale production pushed U.S. crude oil output to record highs in recent months to above 13 million barrels per day (bpd), the rate of productivity declines has steepened since 2020 as the fracking of closely located wells has interfered with geology and pressure, resulting…

As well productivity in the U.S. shale patch has declined in the past two years, producers are looking to deploy new technology to reverse these declines, but small companies often cannot afford the high upfront costs, industry executives and analysts have told Reuters. While shale production pushed U.S. crude oil output to record highs in recent months to above 13 million barrels per day (bpd), the rate of productivity declines has steepened since 2020 as the fracking of closely located wells has interfered with geology and pressure, resulting…

As well productivity in the U.S. shale patch has declined in the past two years, producers are looking to deploy new technology to reverse these declines, but small companies often cannot afford the high upfront costs, industry executives and analysts have told Reuters. While shale production pushed U.S. crude oil output to record highs in recent months to above 13 million barrels per day (bpd), the rate of productivity declines has steepened since 2020 as the fracking of closely located wells has interfered with geology and pressure, resulting…

24 de abril de 2024.- El sindicato nacional de controladores aéreos de Francia (SNCTA) había convocado una jornada de protesta en los aeropuertos franceses para el 25 de abril. La huelga, que podría haberse saldado con una factura de "decenas de millones de euros" finalmente se ha cancelado tras las...

A quien tenga a bien leerme:   Mi nombre es Greti Richard, fui publicadora y reportera de aporrea.org durante varios años y a punto de retomar mi actividad como reporter...

24 de abril de 2024.- El plazo para la modificación de las candidaturas presidenciales ha cerrado este martes, luego de la prórroga dada por el Consejo Nacional Electoral (CNE), que permitió a los partidos políticos hacer algunos movimientos en los últimos tres días, de cara a los comicios del próxi...

Crude oil prices ticked higher today after the U.S. Energy Information Administration reported an estimated decline of 6.4 million barrels in inventories for the week to April 19. This compared with an inventory build of 2.7 million barrels for the previous week, which pressured prices last week. It also compared with an inventory draw of 3.23 million barrels as estimated by the American Petroleum Institute on Tuesday, with the group also reporting a gasoline inventory decline of about half a million barrels. Analysts had expected…