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Biden Administration Races to Approve Green Funding Ahead of Trump Presidency

Oil news - Thu, 12/19/2024 - 01:00
Following the recent election of Donald Trump as the next president of the U.S., the Biden administration is racing to approve huge quantities of green funding to ensure the U.S. gets the best chance possible at a green transition. The Biden government’s far-reaching climate policy, the Inflation Reduction Act (IRA), is under threat as President-elect Trump has repeatedly threatened to cut spending on renewable energy and clean tech in favour of greater fossil fuel production. The government is, therefore, racing to advance clean energy before…
Categories: Oil news

Copper Prices End 2024 Higher Despite Bearish Outlook

Oil news - Thu, 12/19/2024 - 00:00
Via Metal Miner Overall, the Copper Monthly Metals Index (MMI) remained bearish, with a 4.65% decline from November to December. Copper Prices to Close 2024 Up, But the Outlook is Down Often a bellwether for the global economy, the price of copper became a bellwether for market emotionality throughout 2024. Despite lackluster demand conditions, copper prices embarked on a volatile year, which had knock-on effects for the entire base metal category. Comex Copper Prices, Source: MetalMiner Insights Q1 2024 saw a rather auspicious start. Many believed…
Categories: Oil news

Efemérides 18 de diciembre: Día Internacional del Migrante – Anulan sentencia al obrero Rodney Álvarez

Apporea noticias - Wed, 12/18/2024 - 23:58
Es 18 de diciembre, mes 12 del 2024. Es el día úmero 353 del año (bisiesto) y faltan 13 días para su terminación, pues tiene 366 días. Hoy es miércoles. Los años bisiestos se presentan cada cuatro años en los que se añade un día más a febrero (29 F) y el año es de 366 días.
Categories: Venezuelan news

Día del Migrante: OIM pide respeto y empatía con venezolanos que viven en Colombia

Apporea noticias - Wed, 12/18/2024 - 23:03
18 de diciembre de 2024.- La Organización Internacional para las Migraciones (OIM) hizo un llamado, en el Día Internacional del Migrante, a la integración, la empatía y el respeto hacia los casi tres millones de venezolanos que viven en Colombia. La campaña "Entre-lazos: con derechos y diversidad...
Categories: Venezuelan news

UK's Energy Transmission Gets a £35 Billion Boost

Oil news - Wed, 12/18/2024 - 23:00
National Grid plans to nearly double the amount of energy it can transport across the country via an unprecedented £35bn investment over the next five years into its electricity transmission business. The grid operator on Wednesday said its business plan, which covers the period April 2026 to March 2031, would be the “most significant step forward in the UK’s transmission network for a generation.” “Through it we will nearly double the amount of energy that can be transported around the country, support the electrification…
Categories: Oil news

ONU aprueba resolución que pide la creación de un Estado palestino

Apporea noticias - Wed, 12/18/2024 - 22:12
18 de diciembre de 2024.- La Asamblea General de las Naciones Unidas aprobó una resolución que ratifica el derecho del pueblo palestino a la libre autodeterminación. Un total de 172 países votaron a favor de esta resolución, mientras que solo siete se opusieron: Estados Unidos, Micronesia, Argent...
Categories: Venezuelan news

Oil Spill Devastates Russian Coastline After Tanker Accident

Oil news - Wed, 12/18/2024 - 22:00
Dozens of kilometers of Black Sea coastline in Russia's Krasnodar region have been covered in heavy fuel oil, local authorities and residents reported on December 17, after two oil tankers were heavily damaged during a storm in the Kerch Strait. Regional Governor Veniamin Kondratyev said cleanup crews were being dispatched to the area as high winds helped spread large amounts of spilled oil along the coastline, raising concerns of an impending environmental disaster in the Black Sea. Social media photos and video showed wildlife covered in dark…
Categories: Oil news

Clima: Pronósticos apuntan a un episodio de La Niña probablemente débil y de corta duración

Apporea noticias - Wed, 12/18/2024 - 21:58
18 de diciembre de 2024.- En los próximos tres meses podrían darse las condiciones para un episodio de La Niña, aunque todo apunta a que este sería relativamente débil y de corta duración, según el último boletín El Niño/La Niña Hoy, publicado recientemente por la Organización Meteorológica Mundial ...
Categories: Venezuelan news

Nigeria Approves Shell's $2.4 Billion Asset Sale

Oil news - Wed, 12/18/2024 - 21:30
Nigeria's oil minister has finally approved Shell Plc’s (NYSE:SHEL) sale of $2.4 billion in assets to Renaissance Group, Renaissance has revealed. The greenlight comes just two months after Africa's biggest crude producer declined to approve the sale of Shell's onshore and shallow-water oil and gas in the Niger Delta region to a consortium of local companies. The rejection marked a setback for Shell, which has sought to exit the West African oil sector that’s currently plagued by significant oil spills and theft. The Nigerian assets…
Categories: Oil news

Nigeria Approves Shell's $2.4 Billion Asset Sale

Oil news - Wed, 12/18/2024 - 21:30
Nigeria's oil minister has finally approved Shell Plc’s (NYSE:SHEL) sale of $2.4 billion in assets to Renaissance Group, Renaissance has revealed. The greenlight comes just two months after Africa's biggest crude producer declined to approve the sale of Shell's onshore and shallow-water oil and gas in the Niger Delta region to a consortium of local companies. The rejection marked a setback for Shell, which has sought to exit the West African oil sector that’s currently plagued by significant oil spills and theft. The Nigerian assets…
Categories: Oil news

Desmantelan supuesta red de prostitución en el Congreso peruano

Apporea noticias - Wed, 12/18/2024 - 21:13
18 de diciembre de 2024.- El caso Vidal habría desmantelado una red de prostitución en este poder del Estado, que incluye también una acción de sicariato. Andrea Jazmín Vidal Gómez, exasesora en el Congreso de la República de Perú, murió el pasado martes después de siete días en la Unidad de Cuid...
Categories: Venezuelan news

Will Trump's Second Term Bring Lasting Peace to the Red Sea?

Oil news - Wed, 12/18/2024 - 21:00
Yemen's Houthi rebels have sparked turmoil across the Southern Red Sea and Gulf of Aden for over a year, targeting Western-linked container ships, tankers, and military vessels. The resulting supply chain snarls have had major implications on global trade, causing a surge in container rate prices and shipping diversions around the Cape of Good Hope. However, early indications suggest that President-elect Trump's strongman image could help de-escalate tensions and alleviate bottlenecks across this critical maritime chokepoint.  The incoming…
Categories: Oil news

EPA Approves California Ban Of Fossil-Fueled Cars Starting 2035

Oil news - Wed, 12/18/2024 - 20:30
The Environmental Protection Agency (EPA) has approved California’s bid to enforce a rule to end sales of new gasoline-powered vehicles in the state by 2035. California Gov. Gavin Newsom has applauded the decision, saying it will improve public health by slashing harmful air pollution as residents adopt cleaner electric or hybrid vehicles. “Clean cars are here to stay,” Newsom said in a written statement. “Automakers have made it clear they stand with California and consumers as we move toward clean cars that save money.…
Categories: Oil news

EPA Approves California Ban Of Fossil-Fueled Cars Starting 2035

Oil news - Wed, 12/18/2024 - 20:30
The Environmental Protection Agency (EPA) has approved California’s bid to enforce a rule to end sales of new gasoline-powered vehicles in the state by 2035. California Gov. Gavin Newsom has applauded the decision, saying it will improve public health by slashing harmful air pollution as residents adopt cleaner electric or hybrid vehicles. “Clean cars are here to stay,” Newsom said in a written statement. “Automakers have made it clear they stand with California and consumers as we move toward clean cars that save money.…
Categories: Oil news

EPA Approves California Ban Of Fossil-Fueled Cars Starting 2035

Oil news - Wed, 12/18/2024 - 20:30
The Environmental Protection Agency (EPA) has approved California’s bid to enforce a rule to end sales of new gasoline-powered vehicles in the state by 2035. California Gov. Gavin Newsom has applauded the decision, saying it will improve public health by slashing harmful air pollution as residents adopt cleaner electric or hybrid vehicles. “Clean cars are here to stay,” Newsom said in a written statement. “Automakers have made it clear they stand with California and consumers as we move toward clean cars that save money.…
Categories: Oil news

Gobierno pide liberación de Jorge Glas para otorgar salvoconductos a opositores en embajada argentina según las agencias

Apporea noticias - Wed, 12/18/2024 - 20:20
18 de diciembre de 2024.- Venezuela exigió salvoconductos para el encarcelado ex vicepresidente ecuatoriano Jorge Glas a cambio de otorgar la misma medida a seis opositores refugiados en la embajada de Argentina en Caracas, reveló este día el canciller de Colombia. Según el jefe de la diplomacia ...
Categories: Venezuelan news

China’s Push for 7% Growth Faces Big Challenges

Oil news - Wed, 12/18/2024 - 20:00
Amid ongoing domestic and international concern over the scale and sustainability of China’s economic rebound from its Covid years, Beijing announced on 9 December that it will adopt an “appropriately loose” monetary policy next year, the first such easing in 14 years, and a more proactive fiscal policy to boost economic growth. Although the measures already put into place earlier this year should enable China to achieve its growth target of “around 5%” for 2024, these new measures are aimed at recapturing the 7%+…
Categories: Oil news

Seguridad rusa detiene al autor del atentado en Moscú

Apporea noticias - Wed, 12/18/2024 - 19:40
18 de diciembre de 2024.- El Servicio Federal de Seguridad (FSB por sus siglas en ruso) informó hoy que detuvo al autor del atentado que costó la vida al teniente general Igor Kirílov. El FSB, en una operación conjunta con el Ministerio del Interior y el Comité de Investigación, estableció y detu...
Categories: Venezuelan news

Barclays Downgrades Energy Services Sector Amid Bearish Outlook

Oil news - Wed, 12/18/2024 - 19:30
Analysts at Barclays have downgraded the energy services sector on Wednesday, giving it a Neutral rating from Positive amid a bearish oil macro environment. The analysts have highlighted the absence of investor capital influx into the sector despite stable service and equipment markets and disciplined pricing, and see a potential risk for another cut to 2025 earnings. After posting three years of double-digit growth, the energy services sector is now facing a mid-cycle plateau in spending. “It's very difficult to see any of the "beta-driven"…
Categories: Oil news

Barclays Downgrades Energy Services Sector Amid Bearish Outlook

Oil news - Wed, 12/18/2024 - 19:30
Analysts at Barclays have downgraded the energy services sector on Wednesday, giving it a Neutral rating from Positive amid a bearish oil macro environment. The analysts have highlighted the absence of investor capital influx into the sector despite stable service and equipment markets and disciplined pricing, and see a potential risk for another cut to 2025 earnings. After posting three years of double-digit growth, the energy services sector is now facing a mid-cycle plateau in spending. “It's very difficult to see any of the "beta-driven"…
Categories: Oil news

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