Sales of electric vehicles have been slowing down across markets, but one man believes the future remains bright. That man is Kazakh millionaire Kenges Rakishev, who made his money from oil and gas and metals, and now wants a piece of the EV pie. “The West is lagging behind China when it comes to the EV race,” Rakishev, chairman of Fincraft Group, told the South China Morning Post in an interview. “China started to secure supplies of lithium, cobalt, and graphite decades ago, and they are racing ahead when it comes to the price…

The current year’s CERAWeek by S&P Global conference kicked off in U.S. metropolis of Houston on Monday, with the energy sector’s most influential annual forum expected to convene over 450 C-Suite executives, 80 ministers and top officials and more than 10,000 participants from over 2,050 companies across 80 countries and regions. With the theme of "Moving Ahead: Energy strategies for a complex world," CERAWeek 2025 will address challenges related to energy security, supply, developments in markets, infrastructure, policy direction,…

President Donald Trump’s newly imposed 25% tariffs on goods from Mexico and a 10% tariff on energy products from Canada have the potential to send ripples through the U.S. oil and gas market.  These tariffs, effective March 4, come after last-minute negotiations failed, raising concerns about higher costs for refiners and potential disruptions to North America’s tightly integrated energy supply chains. How Canadian Oil Tariffs Could Disrupt U.S. Refiners The U.S. imports approximately 4.4 million barrels per day (MMb/d) of crude…

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 4.247 million barrels for the week ending March 7. Analysts had expected a 2.1 million-barrel build. So far this year, crude oil inventories have climbed nearly 17 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) climbed 0.3 million barrels to 395.6 million barrels in the week ending March 7. Inventory…

11 de marzo de 2025.- El Ministerio para Ciencia y Tecnología informó sobre la designación de una comisión que se encargará de las actividades de exhumación y traslado al Panteón Nacional del doctor Humberto Fernández-Morán, quien falleció en Estocolmo el 17 de marzo de 1999. En una nota de prens...

In a time of extreme contention and relentless flux in United States politics, at least one thing appears to be a consistent bipartisan priority: defending the nation’s position as the world’s premier nuclear energy producer and expanding the nation’s presence in the global nuclear energy marketplace. Nuclear energy is currently undergoing an international renaissance as energy demand continues to balloon and decarbonization goalposts draw nearer. As developing countries continue to electrify and expand their economies in the…

11 de marzo de 2025.- Ucrania expresó su disposición a aceptar la propuesta de EE.UU. de introducir un alto el fuego temporal de 30 días con Rusia que puede extenderse por acuerdo mutuo de las partes del conflicto, según el comunicado emitido como resultado de la reunión celebrada este martes entre ...

The first half of 2025 is shaping up to be a squeeze play for global oil markets. Supply is tightening thanks to ongoing production declines in Iran and Venezuela. The result? Brent crude prices are inching up from $70 per barrel to a newly forecasted $75/b by Q3, the EIA has said in its latest Short Term Energy Outlook released on Tuesday. But don’t get too cozy with those numbers—by late 2025, oil inventories are expected to build, courtesy of OPEC+ unwinding its production cuts and non-OPEC countries pumping more. That means prices…

Martes, 11 de marzo de 2025.- Ucrania ha lanzado el mayor ataque con drones contra Moscú, la capital de Rusia. Un ataque con al menos 91 aviones no tripulados apuntando a Moscú, que ha obligado a cerrar aeropuertos, causando la muerte de una persona. 337 drones ucranianos han sido derribados s...

11 de marzo de 2025.- La agencia Salud Pública Francia señaló hoy que las altas temperaturas del verano del 2024 provocaron tres mil 711 fallecimientos, más de las tres cuartas partes de esas personas con al menos 75 años.

There's no telling exactly where the Trump administration's trade war is going as the president authorizes tariffs and then quickly suspends them, only to authorize them again and suspend them again or provide waivers for certain industries. While tariffs on narrowly defined categories of goods to guard against unfair competition may be workable, the administration's shotgun approach to tariffs risks a cutoff of strategic minerals that could strangle America's tech industry. As I've written before, the United States is dangerously dependent on…

11 de marzo de 2025.- «Las condiciones clínicas del Santo Padre siguen siendo estables, señala la oficina de prensa de la Santa Sede. En este sentido, señala que esta mañana el Papa continuó con las terapias prescritas, farmacológicas, respiratorias y motoras activas. Asimismo, siguió por vide...

Uzbekistan has announced a $2.6-billion initiative to develop the country’s substantial mineral resources, setting the Central Asian nation up to potentially become an important source of rare earths for US businesses.  During a March 7 presentation in Tashkent, President Shavkat Mirziyoyev announced a three-year investment plan to develop 76 projects covering 28 different elements used in the production of durable goods. Uzbekistan has identified significant deposits of critical minerals, such as tungsten, lithium, titanium and vanadium,…

Ukrainian forces hit and damaged the Moscow Oil Refinery and a Druzhba oil pipeline facility in Oryol Oblast in a fierce overnight drone attack on Monday, the General Staff of Ukraine's Armed Forces has reported. According to Ukrainian officials, the giant refinery--capable of processing 11 million metric tons of oil per year and covers nearly half of Moscow's gasoline and diesel supplies--was hit multiple times, although Gazprom Neft, which owns the refinery, didn’t respond to a Bloomberg request for a comment.  According to the General…

Las autoridades federales de inmigración de Estados Unidos arrestaron a un activista palestino el sábado que desempeñó un papel destacado en las

11 de marzo de 2025.- El experto en políticas públicas energéticas, David Paravisini, afirmó que la Organización de las Naciones Unidas (ONU) le ha dado legitimidad «a una acción de venganza y de odio de la ExxonMobil contra Venezuela en un plan estrictamente político para liquidar al gobierno y las...

El actor Gene Hackman murió de una enfermedad cardiaca en su casa de Nuevo México, muy probablemente una semana después de que su esposa, Betsy Arakawa, falleciera en otra habitación de su casa de Nuevo México a causa de un virus relacionado con roedores, según dijeron el viernes las autoridad...

Science secretary Peter Kyle has hailed the UK space sector‘s recent achievement as proof that the UK is a “launchpad for innovation and investment”. The field has secured £80m more in European Space Agency (ESA) contracts than government contributions in late 2024, the highest return for any ESA member state. This success is set to add over £1bn to the UK economy and create 3,800 high skilled jobs, positioning Britain as a global leader in space innovation. Kyle said that the sector attracting top contracts is driving…

Oil prices rebounded and gained 1.6% early on Tuesday amid weakening U.S. dollar, following the broad market selloff on Monday triggered by fears of a recession in the United States. As of 9:56 a.m. ET, the front-month futures of the U.S. benchmark WTI Crude were trading 1.64% higher at $66.98 per barrel. The international benchmark, Brent Crude, was up by 1.5% to move back up above the $70 a barrel mark, at $70.24. On Monday, Brent prices slid below $70 amid the wider global meltdown in markets amid fears of a recession with the Trump Administration’s…

Oil prices rebounded and gained 1.6% early on Tuesday amid weakening U.S. dollar, following the broad market selloff on Monday triggered by fears of a recession in the United States. As of 9:56 a.m. ET, the front-month futures of the U.S. benchmark WTI Crude were trading 1.64% higher at $66.98 per barrel. The international benchmark, Brent Crude, was up by 1.5% to move back up above the $70 a barrel mark, at $70.24. On Monday, Brent prices slid below $70 amid the wider global meltdown in markets amid fears of a recession with the Trump Administration’s…