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Cotización del Dólar en Venezuela este martes 27 de enero 2025
29-01-25.-El precio del dólar en el Banco Central de Venezuela (BCV) se cotizó este martes 27 de enero 2025 en Bs.57,29 por unidad según la última actualización en su página web oficial y redes sociales.
El euro se cotizó en Bs....
Categories: Venezuelan news
The Dust Has Not Settled on Trump’s Canadian Oil Threat
Oil prices retreated on Monday after the Trump administration pulled back from sanctions threats against Colombia over illegal immigration, alleviating concern about oil supply disruptions. Washington swiftly reversed plans to impose tariffs and sanctions on Colombia after the South American country agreed to accept deported migrants from the United States. While the issue has been settled for now, it has left the market jittery about Trump’s ongoing muscle-flexing. To wit, Trump has repeatedly threatened to impose 25% tariffs on all…
Categories: Oil news
Chinese Companies Set New Records in Overseas Renewable Deployment
China installed a record amount of wind and solar capacity at home last year, data showed earlier this month. Yet, the country did not stop there. Chinese companies also installed record power generation capacity abroad as well—and half of it was neither wind nor solar. Wood Mackenzie reported this week that Chinese power generation capacity developers completed some 24 GW of new capacity across more than 150 countries that are part of China’s Belt and Road Initiative. The number compared with just 10 GW installed in 2023 and 22 GW…
Categories: Oil news
Does A Rush Of New Agreements Mean The West Is Regaining Its Influence In Iraq?
In the simple terms of power politics, the West won the Israel-Iran conflict centred this time around Gaza and the East lost, at least for now. In the process, the U.S. and its key allies proved to China and Russia that they can prevail while working on two conflicts at the same time -- the Russia-Ukraine War and the Israel-Hamas War. It looks highly likely that they could do the same in three if required, especially if the third was centered on Taiwan. Additionally, the unexpected and lightning-fast removal of Syria’s President Bashar al-Assad…
Categories: Oil news
Crude Inventories Rise With Mixed Results For Fuel Inventories
The American Petroleum Institute (API) estimated that crude oil inventories in the United rose by 2.86 million barrels for the week ending January 17. Analysts had expected a 3.7-million-barrel build. For the week prior, the API reported a 1 million barrel build in U.S. crude oil inventories, while product inventories saw a hefty build for multiple weeks in a row. In 2024, crude oil inventories dropped by more than 12 million barrels, according to the API’s inventory data, with the downward trend continuing beyond the new year. Earlier…
Categories: Oil news
Cocaine Outpaces Oil as Colombia's Most Valuable Export
In a shocking development, Colombia’s cocaine production, for the 10th year straight, soared to a new record high. The UN Office on Drugs and Crime (UNODC) estimates that the year’s annual output grew 52% year over year to a startling 2,664 metric tons, the largest amount ever produced. Despite the government in the capital Bogota, with U.S. backing, committing substantial resources to disrupt what is now an economically crucial illicit industry in rural Colombia coca cultivation and cocaine manufacturing keeps spiraling higher. The…
Categories: Oil news
Crude, Gasoline Inventories Rise as Distillates See Large Decline
The American Petroleum Institute (API) estimated that crude oil inventories in the United rose by 2.86 million barrels for the week ending January 17. Analysts had expected a 3.7-million-barrel build. For the week prior, the API reported a 1 million barrel build in U.S. crude oil inventories, while product inventories saw a hefty build for multiple weeks in a row. In 2024, crude oil inventories dropped by more than 12 million barrels, according to the API’s inventory data, with the downward trend continuing beyond the new year. Earlier…
Categories: Oil news
Crude, Gasoline Inventories Rise as Distillates See Large Decline
The American Petroleum Institute (API) estimated that crude oil inventories in the United rose by 2.86 million barrels for the week ending January 17. Analysts had expected a 3.7-million-barrel build. For the week prior, the API reported a 1 million barrel build in U.S. crude oil inventories, while product inventories saw a hefty build for multiple weeks in a row. In 2024, crude oil inventories dropped by more than 12 million barrels, according to the API’s inventory data, with the downward trend continuing beyond the new year. Earlier…
Categories: Oil news
The Small Nuclear Reactor Revolution Is Underway
Small modular reactor (SMR) technology has improved immensely in recent years, as several nuclear power companies around the globe aim to launch small-scale nuclear projects to provide clean energy within the next decade. SMRs are advanced nuclear reactors with a power capacity of up to 300 MW(e) per unit, equivalent to about one-third the generating capacity of a conventional nuclear reactor. SMRs are much smaller than traditional reactors and are modular, making it easier to assemble them in factories and transport them to the site. Because of…
Categories: Oil news
Incendian las embajadas de Francia y Estados Unidos en Congo
28 de enero de 2025.- Insurgentes atacan a las embajadas de Estados Unidos y Francia, entre otros centros diplomáticos, en Kinshasa, capital del país africano Congo.
Según ha informado el corresponsal de la cadena catarí Al Jazeera en la la República Democrática del Congo, los indignados prendier...
Categories: Venezuelan news
Hungary Drops Opposition to EU Sanctions After Energy Assurances
The European Union has renewed its wide-ranging sanctions against Russia after it overcame the objections of the government of Moscow-friendly Hungarian leader Viktor Orban by providing assurances on energy-related issues. “Europe delivers: EU Foreign Ministers just agreed to extend again the sanctions on Russia,” EU foreign policy chief Kaia Kallas wrote on X on January 27. “This will continue to deprive Moscow of revenues to finance its war. Russia needs to pay for the damage they are causing,” she added. The developments…
Categories: Oil news
Nigeria To Attract $15 Billion From Private Investors To Prop Up Power Sector
Nigeria is taking bold steps to revive its faltering power sector, aiming to attract $15 billion in private investments while keeping its most vulnerable citizens in mind. At a World Bank energy summit in Tanzania, the government outlined a plan that combines higher electricity tariffs with fresh subsidies to ease the burden on households. Under the proposal, households will receive 50 kilowatt hours of subsidized electricity monthly, either through direct consumption or vouchers. This is part of a broader effort to address a massive $23 billion…
Categories: Oil news
EEUU: despiden a funcionarios implicados en casos contra Trump
28 de enero de 2025.- El Departamento de Justicia de Estados Unidos dijo el lunes (27.01.2025) que había despedido a más de una docena de empleados que trabajaron en procesos penales contra el presidente Donald Trump, en una rápida movida que busca represalias contra los abogados involucrados en las...
Categories: Venezuelan news
Tesla's Shanghai Unit Takes EU to Court Over EV Import Duties
Elon Musk's Tesla filed a lawsuit against the European Commission in Luxembourg, challenging tariffs imposed on imported made-in-China electric vehicles. The lawsuit marks the latest friction between Musk and Brussels, further intensifying tensions following his public support for Germany's AfD party that has infuriated EU progressives. Financial Times reports that the European Court of Justice published confirmation of a lawsuit filed by Tesla's Shanghai subsidiary on its website early Monday. No further details were provided about the lawsuit,…
Categories: Oil news
Russia Tests Sanctions with Oil Shipments to India
Russia seems to be having little difficulty skirting US Treasury sanctions when it comes to its oil industry, with the country managing to send shipments of sanctioned oil aboard sanctioned tankers to India. The U.S. Treasury’s January crackdown on Russian crude exports doesn’t appear to be a problem for Moscow, with at least five tankers carrying Arctic and Pacific oil seemingly bound for India—despite falling outside the official exemptions. India had previously stated that it would accept oil from sanctioned ships only if loaded…
Categories: Oil news
Paro de trenes afecta a un millón de personas en Argentina
28 de enero de 2025.- Al menos un millón de pasajeros del Área Metropolitana de Buenos Aires y de otras regiones de Argentina se han visto afectados por el llamado a huelga convocado por el gremio La Fraternidad, que agrupa a sindicatos del sector.
La medida de fuerza tenía previsto aplicarse a p...
Categories: Venezuelan news
Iran Signals Openness to Renewed U.S. Negotiations
Last year was one to forget for Iran as it saw its regional influence wane, its military deterrence against Israel and the United States crumble, and its economy continue its free fall. But Iran's top decision-maker, Khamenei, has been trying to project strength. On January 22, he told a crowd of supporters in Tehran that it would be "delusional" to suggest Iran has become weak. Pezeshkian made a similar comment, insisting the West "can dream" about Iran's strength diminishing. On the same day, Zarif, a former foreign minister who currently serves…
Categories: Oil news
Efemérides 28 de enero: Día de Acción para la Reducción de Emisiones de CO2... Día de la Zulianidad
Es 28 de enero de 2025 y faltan 337 días del nuevo año 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 ciencia, ocurridos en una mi...
Categories: Venezuelan news
U.S. Fracking Services Sector Braces Itself for Lower Demand
Efficiency gains, flat capital budgets, and consolidation among U.S. oil and gas producers have started to affect oilfield services companies which expect weaker demand for their fleets and products and increasing pricing pressure this year. The total U.S. rig count is now at 576, according to the latest data from Baker Hughes, down by 45 from this same time last year. “Day rates are not great,” Jasen Gast, chief executive at Houston-based Oilfield Service Professionals (OSP), told Reuters. Even the biggest oilfield services firms say…
Categories: Oil news
U.S. Fracking Services Sector Braces Itself for Lower Demand
Efficiency gains, flat capital budgets, and consolidation among U.S. oil and gas producers have started to affect oilfield services companies which expect weaker demand for their fleets and products and increasing pricing pressure this year. The total U.S. rig count is now at 576, according to the latest data from Baker Hughes, down by 45 from this same time last year. “Day rates are not great,” Jasen Gast, chief executive at Houston-based Oilfield Service Professionals (OSP), told Reuters. Even the biggest oilfield services firms say…
Categories: Oil news