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How Soaring Energy Demand Helped Push Bitcoin Below $90,000

Oil news - 1 hour 17 min ago
Bitcoin dropped below $90,000 on Monday for the first time since April, touching an intraday low of $89,426 before closing near $91,200. The decline marked a more-than 20% retreat from the cryptocurrency’s October peak above $126,000 and has erased all of its gains for 2025. While broader market factors — including $2.3 billion of outflows from U.S. spot Bitcoin ETFs in the first half of November and rising Treasury yields — have contributed to the sell-off, an important supply-side pressure has come from Bitcoin miners themselves.…
Categories: Oil news

AI’s Energy Appetite Is Forcing a Grid Transformation

Oil news - 2 hours 17 min ago
Artificial Intelligence, electrification, and the exponential growth of renewable energies are transforming electric grids around the world. In order to keep up with these massive changes, electric grids and the supply chains that support them are due for some critical updates and adaptations. Utility-scale grid storage is becoming increasingly critical, as are long-duration storage solutions that won’t fall pretty to geopolitical disruptions.  AI is driving an energy-production frenzy as experts try to predict how much electricity the…
Categories: Oil news

China Tests Floating Devices That Turn Raindrops into Electricity

Oil news - 3 hours 17 min ago
Chinese scientists have built and tested a floating droplet electricity generator (DEG) to turn the kinetic energy of raindrops into renewable power. Unlike conventional DEGs, which are used on land and are heavier and costlier, the floating device developed by researchers at the Nanjing University of Aeronautics and Astronautics (NUAA), with the support of Chinese state and provincial funding and programs, uses water for both structural and electric-generation components. In the research, published in the November issue of National Science Review,…
Categories: Oil news

Efemérides 18 noviembre: Día de la Alimentación (Venezuela) – Protección y sanación frente al abuso sexual infantil

Apporea noticias - Tue, 11/18/2025 - 23:27
Es 18 de noviembre de 2025. Han transcurrido 318 días del año y faltan 43 días para su terminación. Hoy es martes. Las efemérides se refieren a sucesos, celebraciones o con...
Categories: Venezuelan news

Ecuador: renuncian 2 ministros de Noboa tras derrota en consulta popular y referéndum

Apporea noticias - Tue, 11/18/2025 - 23:06
18 de noviembre de 2025.- Tras la derrota del presidente Daniel Noboa en la consulta popular y referéndum en Ecuador, celebrados el domingo, la ministra de Trabajo, Ivonne Núñez, y el de Agricultura, Ganadería y Pesca, Danilo Palacios, anunciaron el lunes su dimisión a sus cargos. "Gracias a todo...
Categories: Venezuelan news

New Tech Drives Renaissance in Offshore Drilling

Oil news - Tue, 11/18/2025 - 23:00
Technology improvements are driving a renaissance in offshore drilling in the United States. And it’s not a moment too soon, as many analysts believe shale is nearing its peak. Also, with the energy transition not going as fast as hoped, some new oil and gas supply would come in quite handy. Earlier this year, the U.S. Energy Information Administration said that it expected crude oil output from Gulf of Mexico fields to rise from the current 1.8 million barrels daily to 2.4 million barrels daily as early as 2027. “We believe that offshore…
Categories: Oil news

Exxon Joins Chevron in Eyeing Lukoil’s Global Fire Sale

Oil news - Tue, 11/18/2025 - 22:30
Exxon is now circling the same distressed prize Chevron has been eyeing: chunks of Lukoil’s global portfolio, suddenly up for grabs after Washington loosened the legal chokehold on the sanctioned Russian major. Multiple sources say Exxon is actively weighing options to acquire Lukoil assets in Kazakhstan, where both companies already sit alongside the Russian firm in the Karachaganak and Tengiz projects. Chevron, a partner in both fields, has been running its own valuation process since last week’s Treasury move cracked the door open.…
Categories: Oil news

Exxon Joins Chevron in Eyeing Lukoil’s Global Fire Sale

Oil news - Tue, 11/18/2025 - 22:30
Exxon is now circling the same distressed prize Chevron has been eyeing: chunks of Lukoil’s global portfolio, suddenly up for grabs after Washington loosened the legal chokehold on the sanctioned Russian major. Multiple sources say Exxon is actively weighing options to acquire Lukoil assets in Kazakhstan, where both companies already sit alongside the Russian firm in the Karachaganak and Tengiz projects. Chevron, a partner in both fields, has been running its own valuation process since last week’s Treasury move cracked the door open.…
Categories: Oil news

Crece envío de remesas de Venezuela al exterior

Apporea noticias - Tue, 11/18/2025 - 22:11
18 de noviembre de 2025.- El presidente de la Cámara Venezolana de Comercio Electrónico (Cavecom-e), Richard Ujueta, informó que, según cifras oficiales, se ha registrado un incremento en la salida de remesas en criptomonedas, especialmente Usdt, desde Venezuela hacia Colombia, Ecuador y Perú. As...
Categories: Venezuelan news

Solar Energy Market Set To Grow to $1.6 Trillion by 2034

Oil news - Tue, 11/18/2025 - 22:00
The global solar energy market, driven by a push for carbon reduction and sustainable power generation, is projected to quadruple its valuation over the next decade, despite persistent challenges related to power generation variability, according to a new report from Allied Market Research. The report estimates the market was valued at $0.4 trillion in 2024 and is forecast to reach $1.6 trillion by 2034. This growth trajectory reflects a compound annual growth rate of 15.2% from 2025 to 2034, fueled by technological advancements in photovoltaic…
Categories: Oil news

Syria’s Gas Gambit Brings ConocoPhillips Back Into Play

Oil news - Tue, 11/18/2025 - 21:42
Syria has just put a big Western flag in its gas patch. The state-owned Syrian Petroleum Company has signed a memorandum of understanding with ConocoPhillips and U.S.-based Novaterra to develop existing gas fields and hunt for new ones, in a bid to drag the country’s power sector out of wartime ruin. Damascus says the deal could lift gas output by 4–5 million cubic meters per day within a year from today’s battered base. That target is not trivial. Syria’s domestic gas production has collapsed from 8.7 bcm in 2011 to about…
Categories: Oil news

Alemania llama a desescalar tensiones de Washington hacia Venezuela

Apporea noticias - Tue, 11/18/2025 - 21:17
18 de noviembre de 2025.- La creciente presencia militar estadounidense en aguas cercanas a Venezuela, entre los que se destaca un submarino nuclear y el portaviones más avanzado de la Armada estadounidense, el USS Gerald Ford, obtiene llamados a la moderación por parte de la Unión Europea. Frente a...
Categories: Venezuelan news

De-Dollarisation Strategy Fuels Massive Unreported Gold Purchases

Oil news - Tue, 11/18/2025 - 21:00
One year ago, Goldman's precious metal analyst Lina Thomas made the case that gold would rise to $3000 by the end of 2025 (it ended up rising more than $1000 higher) as a result of relentless central bank purchases in general, and thanks to China's ravenous appetite for gold in particular. The bank promptly got pushback on this thesis, with skeptics countering that it is unlikely that gold will manage to keep its ascent at the same time as the dollar rises to new record highs, one of the largest consensus Trump trades. In response, Thomas also…
Categories: Oil news

EEUU: Congreso prevé votar sobre ley que divulgará archivos del caso Epstein

Apporea noticias - Tue, 11/18/2025 - 20:49
18 de noviembre de 2025.- El Congreso de Estados Unidos prevé votar este día un proyecto de ley que exige la divulgación de los archivos del caso Epstein, un desafío al presidente Donald Trump, que ejerció fuertes presiones para impedirlo antes de ceder. Jeffrey Epstein era un magnate y delincuen...
Categories: Venezuelan news

Argentina: Sindicatos comienzan a movilizarse contra reforma laboral

Apporea noticias - Tue, 11/18/2025 - 20:02
18 de noviembre de 2025.- Empleados estatales, aceiteros y desmotadores ultiman hoy los preparativos para la movilización mañana hacia la Secretaría del Trabajo en protesta contra la reforma laboral que propone el gobierno de Javier Milei que consideran perjudicial a los derechos laborales. Una d...
Categories: Venezuelan news

Ukrainian Drone Strike Halts Russia’s Fourth-Largest Oil Refinery

Oil news - Tue, 11/18/2025 - 20:00
Rosneft’s oil refinery at Ryazan, Russia’s fourth-largest, has suspended crude processing after a Ukrainian drone attack this weekend, industry sources told Reuters on Tuesday.   The Ryazan refinery, which has been targeted – and hit – by drone strikes all year, has now halted its main crude distillation unit.   “The plant is ‌expected to remain idle until the end of the month. No (oil product) loadings are planned ‌before December 1,” according to one of Reuters’ sources. …
Categories: Oil news

ONU: miles de desplazados en Gaza se enfrentan a tercer invierno sin refugio

Apporea noticias - Tue, 11/18/2025 - 19:59
18 de noviembre de 2025.- La Agencia de Naciones Unidas para los Refugiados de Palestina (Unrwa, por su sigla en inglés) advirtió que cientos de miles de desplazados en Gaza se enfrentan a un tercer invierno sin refugio y sin los bienes más básicos. «Cientos de miles de personas desplazadas en Ga...
Categories: Venezuelan news

Ukraine Diversifies U.S. LNG Import Routes with Lithuania Shipments

Oil news - Tue, 11/18/2025 - 19:30
Ukraine’s largest private energy company, DTEK, said on Tuesday it imported the first U.S. LNG cargo via the northern route from Lithuania as Ukraine looks to diversify its gas import routes.  DTEK, through its trading arm D.TRADING, has delivered its first cargo of U.S.-sourced liquefied natural gas via Lithuania—as the Gaslog Houston vessel delivered 160,000 cubic meters of LNG – equivalent to roughly 100 million cubic meters of natural gas or 1 TWh of energy – late on Monday.  Once re-gasified, the gas…
Categories: Oil news

Ukraine Diversifies U.S. LNG Import Routes with Lithuania Shipments

Oil news - Tue, 11/18/2025 - 19:30
Ukraine’s largest private energy company, DTEK, said on Tuesday it imported the first U.S. LNG cargo via the northern route from Lithuania as Ukraine looks to diversify its gas import routes.  DTEK, through its trading arm D.TRADING, has delivered its first cargo of U.S.-sourced liquefied natural gas via Lithuania—as the Gaslog Houston vessel delivered 160,000 cubic meters of LNG – equivalent to roughly 100 million cubic meters of natural gas or 1 TWh of energy – late on Monday.  Once re-gasified, the gas…
Categories: Oil news

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