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Ecuador’s Broken Oil Industry Faces Violent Headwinds

Oil news - 2 hours 17 min ago
The once peaceful South American nation of Ecuador is being rocked by cocaine related violence. Since the 2020 pandemic, the tiny country’s murder rate has spiraled higher, hitting an all-time high of nearly 51 murders per 100,000 people during 2025. The tiny impoverished country of less than 20 million is regularly affected by extreme bloodshed, conflict, and lawlessness despite frequent security crackdowns. The rapid rise of cocaine trafficking and related brutality is sharply impacting government finances and Ecuador’s broken oil…
Categories: Oil news

Are Markets Underestimating the Risk of a Prolonged Energy Crisis?

Oil news - Mon, 03/23/2026 - 23:00
Shortly before the war with Iran began, I wrote that the seeming complacency among government officials and financial market participants was based on two assumptions which I argued were unlikely to turn out to be true: 1) President Donald Trump would make a last-minute deal with the Iranians and declare victory and 2) even if Trump didn't make such a deal, the Iranians would not do all the things which they threatened to do if attacked. Here we are, three weeks into the conflict between the United States, Israel, and Iran. There was, of course,…
Categories: Oil news

U.S. Energy Dominance Agenda Can't Shield Driver From Higher Gasoline Prices

Oil news - Mon, 03/23/2026 - 22:00
The United States is the world’s biggest crude oil producer—it has been for years, and it has been pumping more than 13.6 million barrels per day of oil for the past few months. Then why, some would ask, are U.S. gasoline prices surging because of a conflict half a world away? First and foremost, the price of crude oil carries the biggest weight in the formation of gasoline prices in America. And the price of crude oil has soared in the past three weeks since the war in the Middle East began. Second, the U.S. – even with the highest…
Categories: Oil news

(VIDEO) Líderes mundiales arremeten contra Trump tras un insulto demoledor: “Atroz y falso”

Apporea noticias - Mon, 03/23/2026 - 21:54
Domingo, 22 de marzo de 2026.- Líderes mundiales arremeten contra Trump tras un insulto demoledor: “Atroz y falso” Crisis diplomática internacional tras las últimas declaraciones de Donald Trump. Varios líderes mundiales han reaccionado con dureza después de que el expresidente de Estados Uni...
Categories: Venezuelan news

Zulia: Muere una niña en accidente de piques fangueros en san José de Perijá

Apporea noticias - Mon, 03/23/2026 - 21:24
Machiques de Perijá.- La tarde de este domingo 22 de marzo, aproximadamente a las 6:30 de la tarde, durante el cierre de las fiestas de la celebración de San José de Perijá, una unidad de alta potencia que participaba en una exhibición de piques fangueros en las adyacencias de la granja "...
Categories: Venezuelan news

El descontento y rechazo crece contra Trump entre las tropas de Estados Unidos tras inicio de la guerra contra Irán

Apporea noticias - Mon, 03/23/2026 - 21:09
Tropas estadounidenses denuncian falta de estrategia y vulnerabilidad crítica tras un mes de hostilidades en Oriente Medio. Trump enfrenta actualmente un rechazo sin precedentes dentro de las fuerzas militares y las tropas de Estados Unidos.  La estrategia de la administración ...
Categories: Venezuelan news

UK Faces Calls for Temporary Cap on Energy Company Profits

Oil news - Mon, 03/23/2026 - 21:00
Richard Walker has urged the government to consider imposing a temporary cap on energy company profits, warning that households risk bearing the brunt of another price shock linked to the Middle East conflict. The Iceland boss, recently appointed as a Labour peer and cost-of-living adviser, said ministers should examine limiting earnings for producers and retailers during periods of extreme volatility. “I have asked the government to consider a temporary profit cap … to stop producers and retailers exploiting the crisis to make windfall…
Categories: Oil news

Se estrella un avión de la Fuerza Aérea de Colombia

Apporea noticias - Mon, 03/23/2026 - 20:30
Un avión C-130 Hércules de la Fuerza Aérea colombiana sufrió un accidente cuando despegaba de Puerto Leguízamo, en el suroeste del país, anunció el ministro de Defensa, Pedro Arnulfo Sánchez. "Con profundo dolor informo que un avión Hércules de nuestra Fuerza Aérea sufrió un tr...
Categories: Venezuelan news

China’s Sinopec not Buying Iranian Crude despite U.S. Waiver

Oil news - Mon, 03/23/2026 - 20:30
Chinese state oil giant Sinopec, Asia’s biggest refiner by capacity, will not buy Iranian oil even after the U.S. waiver on purchases of crude from Iran loaded on tankers as of March 20, a senior Sinopec executive said on Monday.      Sinopec, officially known as China Petroleum & Chemical Corporation, is weighing the potential risks of Iranian oil trade and “basically won't buy” Iranian crude, the company’s president Zhao Dong said, as carried by Reuters.   The U.S. Treasury Department’s…
Categories: Oil news

China’s Sinopec not Buying Iranian Crude despite U.S. Waiver

Oil news - Mon, 03/23/2026 - 20:30
Chinese state oil giant Sinopec, Asia’s biggest refiner by capacity, will not buy Iranian oil even after the U.S. waiver on purchases of crude from Iran loaded on tankers as of March 20, a senior Sinopec executive said on Monday.      Sinopec, officially known as China Petroleum & Chemical Corporation, is weighing the potential risks of Iranian oil trade and “basically won't buy” Iranian crude, the company’s president Zhao Dong said, as carried by Reuters.   The U.S. Treasury Department’s…
Categories: Oil news

(VIDEO) ¿Quién manda en Venezuela?

Apporea noticias - Mon, 03/23/2026 - 20:01
Lunes, 23 de marzo de 2026.- ¿Quién manda en Venezuela? De acuerdo a la Constitución de la República Bolivariana de Venezuela, (CRBV) ante las ausencias temporales del Presidente de la República, debe encargarse de la presidencia el vicepresidente o vicepresidenta por 90 días, prolongables a 90 ...
Categories: Venezuelan news

The Energy Trilemma Matters More Than Ever

Oil news - Mon, 03/23/2026 - 20:00
With events in the Middle East once again disrupting global energy markets, we need to revisit one of our favorite energy policy concepts, the energy trilemma, a simple variant of the trolley problem with an added variable. The three variables are 1) affordability, 2) security of energy supply (can a hostile government cut off your supply?), and sustainability (are your energy sources heavy polluters or consumers of finite resources?).  The trilemma says that policymakers can only enjoy two out of three of these variables, with the third one…
Categories: Oil news

Escalada de ataques violentos de colonos israelíes contra aldeas palestinas en territorio ocupado

Apporea noticias - Mon, 03/23/2026 - 19:39
Mientras el mundo mira hacia el conflicto con Irán, en las tierras de Cisjordania se ha desatado una cacería humana de proporciones alarmantes. Lo que comenzó como un trágico incidente vial —la muerte del joven Yehuda Sherman (18) en su cuatrimoto— se ha transformado en el detonant...
Categories: Venezuelan news

Europe’s Gasoline Exports Shift to Asia as War Roils Fuel Markets

Oil news - Mon, 03/23/2026 - 19:30
Europe’s gasoline exports have started to increasingly shift to Asia in recent weeks as the crude supply shock in the Middle East is tightening Asian fuel supply.  Europe usually ships most of its exported gasoline to the United States, West Africa, and South America. But in these unusual times of the biggest disruption in the oil market ever, more European gasoline cargoes are bound for Asia.   Over the past week, at least 1.6 million barrels of gasoline, carried by three tankers, have loaded from Europe and are en route to…
Categories: Oil news

Europe’s Gasoline Exports Shift to Asia as War Roils Fuel Markets

Oil news - Mon, 03/23/2026 - 19:30
Europe’s gasoline exports have started to increasingly shift to Asia in recent weeks as the crude supply shock in the Middle East is tightening Asian fuel supply.  Europe usually ships most of its exported gasoline to the United States, West Africa, and South America. But in these unusual times of the biggest disruption in the oil market ever, more European gasoline cargoes are bound for Asia.   Over the past week, at least 1.6 million barrels of gasoline, carried by three tankers, have loaded from Europe and are en route to…
Categories: Oil news

(VIDEO) Palestina 11 mil años de historia: No habrá mujer árabe-persa libre mientras exista el colonialismo israelí en El Levante

Apporea noticias - Mon, 03/23/2026 - 19:14
23 de marzo de 2026.- La Asociación CANAÁN en su Canal YouTube: Palestina 11 mil años de historia, reitera cuál es la razón de ser y raíz de la lucha del pueblo nativo semita Palestino, esta reiteración es a fin de sacarla de tanta confusión y abstracción que sirve a que el público no conozca el...
Categories: Venezuelan news

Who Really Benefits From the Iran Conflict? Follow the Oil

Oil news - Mon, 03/23/2026 - 19:00
Whilst most people will have seen the virtue of stopping Iran from ever developing nuclear weapons, many may now regard U.S. President Donald Trump’s plan to achieve this as being in the same vein as the famous business plan of the South Park gnomes to ‘make profit by stealing underpants’. This ran as follows -- ‘Phase 1: Collect underpants, Phase 2: ?, Phase 3: Profit’. Trump’s variation seems to have been -- ‘Phase 1: Kill Supreme Leader, Phase 2: ?, Phase 3: Iran never develops nuclear weapons’.…
Categories: Oil news

President Petro is Killing Colombia’s Oil Industry

Oil news - Mon, 03/23/2026 - 19:00
Colombia’s economically vital oil industry is caught in a death spiral. Production recently collapsed to multi-year lows as foreign energy investment dries up. Once South America’s third-largest oil producer, Colombia slipped to fifth place after being overtaken by Argentina and Guyana. The reforms implemented by Colombia’s first leftist President, Gustavo Petro, including tax hikes, a ban on hydraulic fracturing, and the cessation of issuing exploration contracts, are deterring foreign investors. This is sharply impacting the…
Categories: Oil news

LNG Exports Plunge to 6-Month Low as War Throttles Supply

Oil news - Mon, 03/23/2026 - 18:30
Worldwide LNG exports have plunged in the past week to a six-month low as Middle Eastern supply collapsed with the de facto closed Strait of Hormuz and the outage at the world’s biggest LNG complex in Qatar.  Global LNG shipments have plunged to about 1.1 million tons over the 10-day moving average, down by 20% since the war began, a Bloomberg analysis of Kpler vessel-tracking data showed.  Qatar is the primary driver of the lost LNG supply following the halt of production and exports. Supply is also lost from the United Arab Emirates…
Categories: Oil news

Israel ataca infraestructura en Teherán, Irán

Apporea noticias - Mon, 03/23/2026 - 18:15
Israel lanzó una nueva ola de ataques contra infraestructuras energéticas y tecnológicas en Teherán, capital de Irán, durante la noche del domingo y las primeras horas de este lunes, según informó la Fuerza de Defensa de Israel. El operativo provocó cortes eléctricos ...
Categories: Venezuelan news

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