Reliance Industries is leading a major rebound in Indian crude oil imports from Venezuela, with more than three-quarters of all purchases from the South American country going to India’s biggest private refiner.   Reliance Industries, owned by Indian billionaire Mukesh Ambani, operates the world’s largest crude oil processing complex at Jamnagar, which has the capacity to process 1.4 million barrels per day (bpd) of crude oil.  Following years of abstention from Venezuelan crude while U.S. sanctions were in place, Reliance…

Reliance Industries is leading a major rebound in Indian crude oil imports from Venezuela, with more than three-quarters of all purchases from the South American country going to India’s biggest private refiner.   Reliance Industries, owned by Indian billionaire Mukesh Ambani, operates the world’s largest crude oil processing complex at Jamnagar, which has the capacity to process 1.4 million barrels per day (bpd) of crude oil.  Following years of abstention from Venezuelan crude while U.S. sanctions were in place, Reliance…

Equinor and its partners have discovered an estimated 3.3 million to 10.3 million barrels of recoverable oil equivalent in gas at Norway’s Gullfaks South field, using an exploration sidetrack drilled during work on a production well. The discovery, announced on October 8, highlights the role of targeted exploration in sustaining production from mature North Sea assets. Its commercial appeal lies in finding additional resources through drilling linked to an existing production campaign. Located about 190 kilometers northwest of Bergen, the…

8 de octubre de 2026.- La Academia Sueca entregó este día el Premio Nobel de Literatura 2026 a la canadiense Anne Carson, poeta y ensayista por su «obra audaz e inventiva» que ha permitido crear nuevas formas para la literatura contemporánea. «Sus colaboraciones con artistas visuales y coreógrafo...

Estados Unidos aceleró las compras de petróleo venezolano hasta alcanzar en julio los 701.000 barriles diarios, el mayor volumen mensual registrado desde 2017, según datos oficiales de la Administración de Información Energética de Estados Unidos (EIA) citados por

En los próximos días la firma Centerview Partners presentará un documento con los principales lineamientos del programa de reestructuración de la deuda de Venezuela. De acuerdo con el economista Alejandro Grisanti, este documento detallará cifras fiscales, de deuda y del sector real que &laquo...

Paramount Skydance ha completado la adquisición de Warner Bros Discovery por unos 110.000 mil...

Movimientos sociales convocados por el Partido Socialista Unido de Venezuela (Psuv) se movilizaron este miércoles y la lluvia no fue obstáculo para recordar el 14 aniversario de la victoria electoral del comandante Hugo Chávez en las elecciones presidenciales de 2012. Diversas aveni...

Chinese longer duration batteries undercut the rationale for our present electricity grid. At the same time, foreign hackers and domestic-but-berserk AI programs could also accelerate the grid’s demise. Sounds extreme? Well, here’s the story. The long-distance, high-voltage transmission network developed: To bring low-cost power from distant resources (such as Niagara Falls or mine-mouth coal-fired stations) to the consumers. To promote load diversity. By tying together customers who used electricity at different times (such as rural…

India is reducing its imports of crude oil from Russia, but mostly not because of the U.S. tariff threat for buying Russian oil. Economics have always been driving Indian refiners’ purchases, and the past few weeks haven’t been different.  Russia is scaling back imports of Russian oil as the price of Russia’s flagship Urals grade loaded in the Baltic ports has jumped and now nearly equals the prices of Middle Eastern crudes, whose availability has increased in recent weeks as flows through the Strait of Hormuz have rebounded,…

India is reducing its imports of crude oil from Russia, but mostly not because of the U.S. tariff threat for buying Russian oil. Economics have always been driving Indian refiners’ purchases, and the past few weeks haven’t been different.  Russia is scaling back imports of Russian oil as the price of Russia’s flagship Urals grade loaded in the Baltic ports has jumped and now nearly equals the prices of Middle Eastern crudes, whose availability has increased in recent weeks as flows through the Strait of Hormuz have rebounded,…

El Gobierno de Cuba expresó su rechazo al decomiso hecho por Estados Unidos (EE.UU.) de más de dos millones de litros de biodiésel que, según indicó, habían sido adquiridos por entidades estatales y privadas y se encontraban en tránsito hacia la isla a través de aguas internacionales...

 El Sistema Eléctrico Nacional (SEN) vuelve a estar en el centro de las prioridades del país. El Gobierno nacional adelanta inversiones, recuperación de plantas termoeléctricas, incorporación de nuevos equipos, obras de transmisión y alianzas con empresas nacionales e internacionales para...

Táchira, 07/10/26. Durante la clausura del 2do Congreso Internacional de Aviturismo Venezuela 2026, el ministro del Poder Popular para el Ecosocialismo y presidente de Inparques, Nelson Rodríguez, anunció la creación de un Registro Nacional dirigido a guías y organizadores de expedici...

It appears Kazakhstan and Uzbekistan may have found a way to finance a trans-Afghan railway that would enable Central Asian exports to gain access to seaports in Pakistan.  Transport officials from the two Central Asian states have signed a memorandum of understanding with the United Arab Emirates covering “the practical development” of the railway, according to a Kazakh government statement.  Astana and Tashkent have been strong advocates for a trans-Afghan railway but lack the financial resources and technical expertise…

La firma petrolera Pacific Coast Energy Co. inició sus actividades operativas en Venezuela, mientras proyecta duplicar su nivel de extracción de

Cerveceros derrotó a Padres y nuevamente se encontrará en la serie de campeonato de la Liga Nacional con Dodgers, mientras en el joven circuito Rayas barrió a Yankees y espera por el ganador entre Guardianes y Medias Blancas

El canciller de la República Bolivariana de Venezuela, Félix Plasencia, sostuvo un encuentro de trabajo con el subsecretario del Departamento de Comercio de Estados Unidos, David L. Fogel, con el propósito de evaluar las oportunidades de crecimiento en el intercambio comercial y económico bila...

The oil crisis has extended into the shipping sector with a large tanker fleet tied up in ship-to-ship transfers outside the Strait of Hormuz, pushing global freight rates to record highs and reducing vessel availability for other routes.  Supertanker rates have soared in recent weeks, and hit a record-high of $1.4 million per day on the Gulf to East Asia trip, according to data compiled by Bloomberg. Rates on the U.S. Gulf-to-Japan route are also skyrocketing and one supertanker, the so-called very large crude carrier (VLCC) capable of shipping…

The oil crisis has extended into the shipping sector with a large tanker fleet tied up in ship-to-ship transfers outside the Strait of Hormuz, pushing global freight rates to record highs and reducing vessel availability for other routes.  Supertanker rates have soared in recent weeks, and hit a record-high of $1.4 million per day on the Gulf to East Asia trip, according to data compiled by Bloomberg. Rates on the U.S. Gulf-to-Japan route are also skyrocketing and one supertanker, the so-called very large crude carrier (VLCC) capable of shipping…