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Global Crude Exports Set To Hit All-Time High In October
Previously, we reported that U.S. oil production has maintained its upward trajectory in the current year even as oil prices have remained depressed. According to data from the Energy Information Administration (EIA), U.S. crude oil production hit an all-time high of 13.58 million barrels per day (mb/d) in June 2025, exceeding the previous record set in October 2024 by 50 thousand barrels per day (kb/d), and the pre-COVID November 2019 high by 582kb/d. Commodity experts at Standard Chartered have predicted that U.S. production will continue to…
Categories: Oil news
Wall Street Rediscovers Oil and Gas
Encouraged by the U-turn in the U.S. energy policies under President Trump, investors are back to backing oil and gas majors as the self-righteous ESG hype is waning, especially in corporate America. For all the environmental, social, and governance craze of the past few years in markets, ESG has done value investors one big favor—it has helped sink the valuations of oil and gas companies to bargain levels, alongside the oil price crash of 2020, of course. These super-low valuations of Big Oil and other oil and gas firms have encouraged bargain…
Categories: Oil news
BP Approves $5B Offshore Project in Gulf of Mexico
BP (NYSE:BP) is moving forward with plans to develop an offshore drilling project in the Gulf of Mexico worth $5 billion. It is expected to take five years for the Tiber-Guadalupe oil and gas project to come online. In 2030, the floating platform will have the capacity to produce 80,000 barrels of oil per day, en route to BP increasing its US upstream output to more than 1 million barrels of oil equivalent per day. Reuters said the announcement underscores the British energy major’s commitment to the US region to rebuild its oil and gas business,…
Categories: Oil news
Trump Mulls More Direct Investment in Critical Minerals
Three months ago, shares of rare earths companies ripped higher after MP Materials (NYSE:MP) unveiled a game-changing deal with the U.S. Department of Defense that marks the most aggressive federal intervention in the rare earths space in decades. The DoD-backed investment package will see the Nevada-based producer build out a fully domestic magnet supply chain and lock in long-term pricing support for neodymium-praseodymium, the critical alloy used in everything from fighter jets to iPhones. MP shares doubled in a matter of days, with the…
Categories: Oil news
Canada's TRQ System Reshapes Oil Country Tubular Goods Market
Recent months have underscored how Canada’s implementation of its tariff rate quota (TRQ) system is reshaping the market for oil country tubular goods (OCTG) and linepipe. The system, rolled out this summer, is already influencing procurement strategies as companies adapt to tighter import channels and higher costs. Rystad Energy expects mild upward pressure on Canadian OCTG and linepipe prices in the medium term as demand from pipeline projects grows and competition for limited import quotas intensifies. The TRQ system took effect in two…
Categories: Oil news
Crude Oil Inventories Continue to Fall
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by another 3.674 million barrels in the week ending September 30. This is on top of last week’s 3.821 million barrel draw. So far this year, net crude oil inventories are have swung to a loss this week of 2.22 million barrels, according to Oilprice calculations of API data. Earlier this week, the Department of Energy (DoE) reported that crude oil inventories in the Strategic Petroleum Reserve (SPR) rose by 700,000 barrels to 406.7 million…
Categories: Oil news
(VIDEO) Milei: el pato rengo que se quedó solo
Martes, 30 de septiembre de 2025.- Y el presidente Milei no puede caminar por la calle, afirmó en el inicio de su editorial Roberto Navarro, el Presidente no puede un acto en ningún lado, ni en el congreso, ni en el conurbano, ni en Tierra del Fuego, ni en Provincia de Buenos Aires.
¿Cómo sigue ...
Categories: Venezuelan news
Alerta en Portuguesa por presunta intoxicación en escuela Guanare
30 de septiembre de 2025.- Un presunto caso de intoxicación masiva se registró este martes en la Escuela Básica Diego Ibarra del Toro, ubicada en Guanare, estado Portuguesa, donde varios niños presentaron síntomas como vómitos, mareos y dolor de cabeza.
Alumnos con edades comprendidas entre los 5...
Categories: Venezuelan news
India's Energy Tightrope: Balancing Decarbonization and Development
India is facing considerable international pressure to decarbonize its energy sector, but balancing energy security and a just transition with international climate accords is no easy feat. While India has historically adopted an ‘all of the above’ approach to energy policy, a more organized and comprehensive strategy is needed to walk the tightrope of the energy trilemma – establishing an energy mix that is sufficient, affordable, and sustainable. As energy demand rapidly increases, Indian electric grids require more and more…
Categories: Oil news
El embajador de Sudáfrica en Francia hallado muerto en un hotel parisino
30 de septiembre de 2025.- El embajador de Sudáfrica en Francia, Nathi Mthethwa, fue hallado muerto en el techo de la entrada del Hôtel Hyatt, según informó el martes la fiscalía de París. Varios indicios apuntan a que se suicidó, según fuentes cercanas al caso, citadas por el diario 'Le Parisien'. ...
Categories: Venezuelan news
Perú: 40 heridos y fuerte represión en la marcha de la Generación Z contra la reforma previsional
30 de septiembre de 2025.- La Coordinadora Nacional de Derechos Humanos (CNDDHH) registró 44 personas heridas durante las movilizaciones realizadas entre el 20 y el 28 de septiembre por la denominada “Generación Z”. Además, reportó más de 99 casos de agresiones, no solo contra manifestantes, sino t...
Categories: Venezuelan news
U.S. Treasury's Gold Stash Surpasses $1 Trillion
On the back of a 45% surge in the price of gold this year, the US Treasury's hoard of the barbarous relic has surpassed $1 trillion in value for the first time in history. That is more than 90 times what's stated on the government's balance sheet and is reigniting speculation that Treasury Secretary Bessent could revalue (mark to market) the massive pile of precious metal. Unlike most countries, the US’s gold is held by the government directly, rather than the central bank. The Fed instead holds gold certificates corresponding to the…
Categories: Oil news
EIA Data Shows Record U.S. Oil Output After Major Upward Revision
The U.S. Energy Information Administration just delivered a statistical shock: July’s monthly data shows U.S. total liquids output hitting a record 21.218 million barrels per day, nearly 500,000 bpd higher than the agency’s weekly estimates had implied. Crude production came in at 13.642 million bpd, with natural gas liquids at 7.577 million bpd—both stronger than traders had been working with. The upward revision wasn’t just on the supply side. EIA pegged total product supplied, its proxy for demand, at 20.984 mb/d, some…
Categories: Oil news
The US Environmental Protection Agency says Coal is Cool, Again
This past June, the US EPA revised its views on power plant emissions, particularly of coal-fired plants. In short, EPA is now in favor of emissions. OK, we’re kidding, but not by much. The agency proposed to rollback: 1) the Clean Air and Water Act, section 111, and 2) MATS, the Mercury and Air Toxics Standards for power plants, back levels established in 2012. (Both rules, the Biden administration strengthened in 2024, to the dismay of coal-fired power plant owners.) The proposed revisions to the CAA are based on two statements of…
Categories: Oil news
Inflación y devaluación, los enemigos reales de la economía venezolana
Buques de guerra estadounidenses en el Caribe amenazan al gobierno de Nicolás Maduro. Pero para muchos venezolanos, los enemigos verdaderos en la vida diaria son la devaluación del bolívar y la inflación, que se dispararon.
El bolívar cayó más del 70% frente al dólar en el año. El F...
Categories: Venezuelan news
Muere mexicano herido bajo custodia de ICE en Texas y Sheinbaum exige investigación
La presidenta de México, Claudia Sheinbaum, exigió este martes una investigación a fondo por la muerte de Miguel Ángel García-Hernández, un migrante mexicano de 32 años que perdió la vida tras un tiroteo el miércoles pasado en las instalaciones del Servicio de Inmigración y Control de Aduanas ...
Categories: Venezuelan news
La Flotilla humanitaria entra en zona de intercepción de la ocupación israelí
30 de septiembre de 2025.- La flotilla internacional Global Sumud, compuesta por más de medio centenar de embarcaciones civiles, ha ingresado este martes 30 de septiembre en la zona marítima que Israel considera de intercepción, marcando un nuevo punto de tensión en la ruta hacia la Franja de Gaza.
...
Categories: Venezuelan news
UK Economy Sees Sluggish Growth in Second Quarter
The UK economy grew at a sluggish pace of 0.3 per cent in the second quarter of the year, official data has shown, another major setback for Chancellor Rachel Reeves’ as she hopes to oversee higher growth. The Office for National Statistics left its growth figure unchanged from a previous estimate as it confirmed its figures for growth in the second quarter, which is likely to be viewed cautiously by Treasury officials. The figure is much smaller than 0.7 per cennt growth seen in the first three months of the year, with firms reporting they…
Categories: Oil news
Jóvenes venezolanos participan en la primera Olimpiada Internacional de Nanotecnología en Irán
Seis jóvenes venezolanos participan en la primera Olimpiada Internacional de Nanotecnología, que se lleva a cabo en la República Islámica de Irán, la delegación venezolana del Programa Nacional Semilleros Científicos dio inicio a su participación en la Olimpiada Internacional de Nanotecnología...
Categories: Venezuelan news
Efemérides del 30 de septiembre: Día de la Secretaria en Venezuela - Girardot cae en batalla – Bandera de Palestina en la ONU
Es 30 de septiembre de 2025. Han transcurrido 273 días del año y faltan 92 días para su terminación. Hoy es martes.
Las efemérides se refieren a sucesos, celebraciones o conmemoraciones significativas para un área del conocimiento, la cultura y las artes, la historia o la cie...
Categories: Venezuelan news