Brent crude nears $110 as Trump warns the Iran ceasefire is on “life support,” while Gulf producers signal oil infrastructure repairs may stretch into 2027. China’s Oil Machine Hits the Brakes: Imports Sink, Margins Tank, Pressure Rises - With Gulf supply still stranded, China’s crude imports posted a hefty 2.4 million b/d month-over-month decline in April, averaging only 9.25 million b/d and marking the lowest pace of inflows since July 2022. - Apart from the obvious sourcing problems all Asian refiners face nowadays, Chinese…

The tiny impoverished South American country of Suriname has been battling for six years to launch a petroleum boom, which pundits believe will replicate neighboring Guyana’s oil rush. A combination of poor drilling results, high gas-to-oil ratio, and mismatched seismic data delayed the emergence of what could be South America’s last great offshore oil boom. Suriname’s favorable regulatory environment and low break-even prices, coupled with the recent price shock following U.S. and Israeli strikes on Iran, will drive greater investment…

Londres, 11 de mayo. Los precios del petróleo se dispararon hoy por encima del tres por ciento luego del fracaso de las negociaciones de paz entre los Estados Unidos e Irán. Operadores de materias primas señalaron que los valores del crudo iniciaron la semana con una fuerte tendenci...

Spiking LNG prices and reduced supply from the Middle East have prompted Japan and South Korea to raise coal power generation and coal imports in recent weeks. Gas-fired power generation in Japan and South Korea, the world’s second- and third-largest LNG importers after China, slumped to multi-month lows in April and early May. That’s because supply from the Middle East crashed with no Qatari shipment passing through the Strait of Hormuz between February 28 and this past weekend, when the first cargo cleared the chokepoint bound for…

La República Bolivariana de Venezuela expresa su firme protesta ante las declaraciones, relativas al Estado venezolano, del Secretario General de la Organización de las Naciones Unidas, António Guterres, por considerar que contienen afirmaciones impropias de su alta investidura y contrarias a ...

As the world grapples with the most serious oil and gas supply crunch in history, energy security has come front and center for every government on the planet. Some have touted electrification as a way of weathering the crisis and avoiding future ones. Realists, both in politics and industry, however, are focusing on what the oil and gas industry has been warning about for years: the need for more investment in exploration.  “Production and recovery represent the most immediate path to incremental barrels, and as customers continue to…

Qatar has requested LNG vessels near its Ras Laffan LNG port to switch off their transponders as part of safety measures at the key export port of the world’s second-largest LNG exporter before the war, anonymous sources with knowledge of the plan told Bloomberg on Tuesday.   The de facto closure of the Strait of Hormuz has trapped about 20% of daily global LNG flows, mostly those previously shipping out of Qatar and part of the UAE’s LNG flows.  In addition, Iranian drone and missile strikes on energy infrastructure…

Qatar has requested LNG vessels near its Ras Laffan LNG port to switch off their transponders as part of safety measures at the key export port of the world’s second-largest LNG exporter before the war, anonymous sources with knowledge of the plan told Bloomberg on Tuesday.   The de facto closure of the Strait of Hormuz has trapped about 20% of daily global LNG flows, mostly those previously shipping out of Qatar and part of the UAE’s LNG flows.  In addition, Iranian drone and missile strikes on energy infrastructure…

La Organización Mundial de la Salud (OMS) informó este lunes sobre el registro de nueve casos de infección por el virus Andes, una cepa de hantavirus relacionada con la situación del crucero MV Hondius. Así lo declaró el jefe de la Unidad de Epidemiología y Análisis para la Respuest...

El Gobierno de Venezuela lanzó duras críticas este lunes contra el secretario general de Naciones Unidas, António Guterres, tras sus declaraciones en las que sugirió la existencia de «grandes complicidades internas» en la política venezolana durante la detención de Nicolás Maduro p...

En el marco de la campaña de solidaridad «Amor con amor se paga», coordinada de manera conjunta por el Instituto Simón Bolívar y el Movimiento de Amistad y Solidaridad Venezuela-Cuba, la patria bolivariana ha enviado más de 34 toneladas de alimentos, medicinas e insumos a la mayor ...

The latest exchange between Washington and Tehran over a proposed path toward de-escalation has raised new questions about what comes next in the growing crisis around the Strait of Hormuz. President Donald Trump described Iran’s latest response to a US-backed proposal as “totally unacceptable,” even as both sides continue to signal interest in negotiations over sanctions relief, nuclear restrictions, and the future of shipping through the strategic waterway. Analysts in Washington say the standoff is increasingly testing assumptions…

Este lunes, 11de mayo, el secretario general del Partido Socialista Unido de Venezuela (PSUV), Diosdado Cabello Rondón, aseveró que el tema eléctrico está golpeando duro al país debido a las condiciones meteorológicas. "El sistema eléctrico es un tema que nos está golpeando, go...

La Habana, 11 de mayo. La embajada de Japón en Cuba y el Pnud proveerán de equipos de fuentes renovables con un presupuesto de 6,5 millones de dólares a 10 hospitales cubanos, cuatro de ellos en la capital, informaron hoy fuentes oficiales. El proyecto, que se prevé llevar a cabo en...

La diputada de la Asamblea Nacional (AN), Iris Varela, aseguró que la Constitución de la República Bolivariana de Venezuela es taxativa al señalar que la presidenta (E) Delcy Rodríguez es la única persona responsable de dirigir al país. Tal afirmación tuvo lugar durante el programa "A Pul...

El director ejecutivo de la empresa petrolera Saudi Aramco, Amin Nasser, afirmó este lunes que la actual crisis de suministro energético, producida por el conflicto en Oriente Medio, es "la mayor que el mundo haya experimentado jamás". "Cuanto más se prolonguen las in...

Brazil more than doubled the volume of its oil exports to China, with export values also nearly doubling, in the first quarter of 2026 from a year earlier, as the Middle East conflict and the closed Strait of Hormuz are re-arranging global commodity flows.  The value of Brazil’s crude oil exports to China surged by 94.6% to $7.2 billion in the first quarter, per Brazilian government data compiled by the Brazil-China Business Council. The volume of oil exports, 16 million metric tons, was 122% higher compared to the first quarter of 2025,…

Este martes, en horas de la mañana, se prevé nubosidad fragmentada y zonas parcialmente nubladas en gran parte del territorio nacional; sin embargo, se espera la formación de núcleos convectivos con precipitaciones de intensidad variable y descargas eléctricas en áreas de la Guayana Esequiba, ...

India may have to eventually reckon with how long its major state-owned fuel retailers could sustain losses amid soaring international prices and artificially lowered prices at home, according to Oil Minister Hardeep Singh Puri. India’s oil marketing companies (OMCs) are selling gasoline and diesel below market prices, as the world’s third-largest crude importer looks to shield consumers in the world’s most populous country from soaring prices at the pump. Eventually, the authorities may have to assess how long these fuel retailers…

El encargado de negocios de EE.UU. en Caracas, John Barrett, informó este lunes que sostuvo una reunión con la ministra de Transporte, Jacqueline Faría, sobre la "ampliación de las exportaciones de energía". Mediante su cuenta en Instagram, el diplomático estadounidense in...