Previously, U.S. President-elect Donald Trump threatened to impose 25% tariffs on all imports from Canada and Mexico for failure to clamp down on drugs and migrants crossing the border, with Canadian oil imports not exempt. Analysts have pointed out that imposing tariffs on Canada would drive up fuel prices for Americans, throwing into turmoil the biggest supplier of crude to the U.S. According to GasBuddy analyst Patrick De Haan, more than 20% of the oil processed by U.S. refiners is imported from Canada. According to De Haan, consumers in the…

17 de diciembre de 2024.- El Consulado General de la República Bolivariana de Venezuela en Milán, Italia, realizó un evento que consistió en llevar a esa sede diplomática una flor, en un acto especial para conmemorar los 194 años de la siembra del más grande hombre de América: Simón Bolívar, el 17 d...

India’s second-largest fuel retailer, Bharat Petroleum Corporation Limited (BPCL), plans to raise its refining capacity by 10 million tons per year by 2028, as the biggest Indian refiners consider a massive expansion to processing capacity to meet growing demand. State-controlled BPCL expects to raise its total refining capacity to 45 million tons per year by 2028 from the current 35.3 million tons per year, BPCL’s head of refining Sanjay Khanna said on Tuesday, as carried by Reuters. The increase in refining capacity is expected to…

17 de diciembre de 2024.- El Ministerio Público (MP) informó que fueron condenados de 15 a 20 años de prisión Gilbert Cruz, Edgar Trillo, Teresa Pinto, Solangela Mendoza y Marcos Pratolongo, quienes fueron acusados por el delito de complicidad en el asesinato del cantante Tirone González, mejor cono...

Russian crude oil exports by sea have dropped by 11% from a recent high in October, due to maintenance at the Baltic port of Primorsk, pressure for Russia to align with its OPEC+ quota, and increased sanctions pressure. In the four weeks to December 15, Russia’s seaborne crude exports averaged 3.06 million barrels per day (bpd), tanker-tracking data monitored by Bloomberg showed on Tuesday. That’s 11% lower compared to a recent peak of a four-week average volume of 3.46 million bpd in early October, according to the data reported by…

Este lunes, el viceministro ruso de Asuntos Exteriores, Serguéi Riabkov, anunció que el grupo de los BRICS, compuesto por Brasil, Rusia, India, China y Sudáfrica, celebrará una reunión de urgencia para discutir la crisis en Siria después del reciente golpe de Estado. “En los B...

La vicepresidenta sectorial de Ciencia, Tecnología y Salud, Gabriela Jiménez resaltó este lunes que Venezuela debe promover y desarrollar con tecnología e innovación propia los sistemas de Inteligencia Artificial (IA), que responden a los valores e intereses de la patria. La afirmac...

Spare oil production capacity at the highest quartile in history is weighing on Brent crude prices, and time spreads have looked undervalued since the summer, according to Goldman Sachs. The expectations for a large surplus next year are also likely weighing on the deferred time spreads, the investment bank said in a recent note. “Nevertheless, we believe neither currently low inventory levels nor our expected 2025 surplus of 0.37mb/d warrant the oversupply priced in the futures curve,” the Wall Street bank’s analysts wrote. “Deferred…

Spare oil production capacity at the highest quartile in history is weighing on Brent crude prices, and time spreads have looked undervalued since the summer, according to Goldman Sachs. The expectations for a large surplus next year are also likely weighing on the deferred time spreads, the investment bank said in a recent note. “Nevertheless, we believe neither currently low inventory levels nor our expected 2025 surplus of 0.37mb/d warrant the oversupply priced in the futures curve,” the Wall Street bank’s analysts wrote. “Deferred…

El Fiscal General de Venezuela, Tarek William Saab, emitió un comunicado a través del Ministerio Público donde informa que entre los días 10 y 14 de diciembre se solicitó, acordado con el Poder Judicial, la revisión de 179 medidas a procesados por los hechos violentos postelectorales del 28 de...

El Ejecutivo nacional, representado por la Vicepresidencia Ejecutiva, el Ministerio de Desarrollo Minero Ecológico y la Corporación Venezolana de Minas (CVM), suscribió el contrato de concesión de la planta "Loma de Níquel" con una multinacional con 25 años de experiencia en el secto...

The U.S. Department of Energy has agreed to extend a record $15 billion low-interest loan to California’s utility giant PG&E to fund grid infrastructure improvements and resilience, The Wall Street Journal reported on Tuesday, quoting sources with knowledge of the plan. The DOE’s Loan Program Office is expected to extend the loan in several cash installments over several years and the funding cannot be withdrawn by subsequent U.S. Administrations, according to the Journal’s report. The loan is aimed at helping PG&E, the…

The U.S. Department of Energy has agreed to extend a record $15 billion low-interest loan to California’s utility giant PG&E to fund grid infrastructure improvements and resilience, The Wall Street Journal reported on Tuesday, quoting sources with knowledge of the plan. The DOE’s Loan Program Office is expected to extend the loan in several cash installments over several years and the funding cannot be withdrawn by subsequent U.S. Administrations, according to the Journal’s report. The loan is aimed at helping PG&E, the…

The U.S. Department of Energy has agreed to extend a record $15 billion low-interest loan to California’s utility giant PG&E to fund grid infrastructure improvements and resilience, The Wall Street Journal reported on Tuesday, quoting sources with knowledge of the plan. The DOE’s Loan Program Office is expected to extend the loan in several cash installments over several years and the funding cannot be withdrawn by subsequent U.S. Administrations, according to the Journal’s report. The loan is aimed at helping PG&E, the…

The U.S. Department of Energy has agreed to extend a record $15 billion low-interest loan to California’s utility giant PG&E to fund grid infrastructure improvements and resilience, The Wall Street Journal reported on Tuesday, quoting sources with knowledge of the plan. The DOE’s Loan Program Office is expected to extend the loan in several cash installments over several years and the funding cannot be withdrawn by subsequent U.S. Administrations, according to the Journal’s report. The loan is aimed at helping PG&E, the…

Oil prices are under pressure ahead of the next Federal Reserve meeting, with demand concerns continuing to weigh on both WTI and Brent.- The huge price volatility of the past couple of months has made European natural gas futures one of the favorite trading instruments of hedge funds as TTF futures continue to trade above €40 per MWh.- The combination of rapidly depleting European gas inventories and a still unclear outlook for Russian pipeline gas into Europe next year have lifted total long positions of institutional investors to almost…

Equinor has made an oil and gas discovery next to the giant Troll field in the North Sea and will continue to explore the area for further potential resources close to existing infrastructure. The discovery, provisionally named Ringand, is currently estimated to contain between 2 and 12 million barrels of oil equivalent and is only 10 miles (17 kilometers) west of the Troll field, Equinor said on Tuesday. “It's a small discovery, but in an interesting area that we plan to further explore with much existing infrastructure,” said Geir…

El presidente electo de Estados Unidos, Donald Trump, en reciente rueda de prensa, que "todos los migrantes venezolanos tendrán que regresar a su país". "Los llevarán de vuelta. Todos serán llevados de vuelta. Y si no lo hacen, serán enfrentados muy duramente económic...

El Banco de Venezuela (BDV) cerró noviembre con un total de captaciones del público de 94.995,4 millones de bolívares (1.995,7 millones de dólares), lo que representa un alza 105,2% en bolívares y de 53% en dólares, en contraste con el mismo mes del año pasado, de acuerdo con cifras de la cons...

El Instituto Nacional de Meteorología e Hidrología (Inameh), en su reporte matutino, detalló que, para este martes 17 de diciembre de 2024, se prevé nubosidad fragmentada al alternar con zonas despejadas y baja probabilidad de precipitaciones en gran parte del país.