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Global EV Industry Faces Outsized Risk From Cobalt Supply Disruptions
Back in 2020, the electric vehicle sector witnessed a major evolutionary change after leading EV makers started using cobalt-free batteries at scale. Back then, Tesla Inc. (NASDAQ:TSLA) officially shifted to Lithium Iron Phosphate (LFP) for its standard-range vehicles while its leading Chinese rival, BYD Company (OTCPK:BYDDF), introduced its famous "Blade" batteries, triggering mass adoption of LFP batteries for electric vehicles by other automakers. LFP batteries have helped EV manufacturers to lower production costs, eliminate reliance on expensive…
Categories: Oil news
The Hormuz Threat Oil Markets Are Ignoring
Threats from President Trump to bomb Iran again and Iranian negotiators leaving the talks in Switzerland once again clouded the outlook for one of the world’s busiest oil chokepoints. Talks are progressing, but the degree of uncertainty about global oil supply security remains high—because of the risk environment in the strait, of which most appear to be oblivious. Social media users have started calling Hormuz the Strait of Schrodinger, and with good reason. It is not only about whether the passage of vessels is unobstructed by Iranian…
Categories: Oil news
(VIDEO) ¿Qué se está haciendo con los ingresos que Venezuela recibe por el petróleo?
El economista y consultor empresarial Asdrúbal Oliveros afirmó que la mayor parte de los ingresos petroleros que está recibiendo Venezuela este año se destina a cubrir necesidades internas de la industria y a sostener el mercado cambiario, lo que deja un margen reducido para otros usos fiscale...
Categories: Venezuelan news
Denmark and Germany Launch Europe’s First Hydrogen Superhighway
For the past few years, hydrogen has suffered from a credibility problem. Not because the technology itself stopped making sense, but because expectations ran too far ahead of reality. Governments announced hydrogen strategies worth hundreds of billions of euros. Companies unveiled ambitious projects stretching from Portugal to Poland. Analysts forecast a future hydrogen economy that would decarbonize everything from steel and chemicals to shipping and aviation. Then came the inevitable correction. Costs remained higher than expected. Financing…
Categories: Oil news
Venezuela reelecta como Vicepresidente del Consejo de Ministros de la AEC
Panamá, 22 de junio de 2026. La República Bolivariana de Venezuela, en ejercicio de la Diplomacia Bolivariana de Paz, participó en la 31ª R...
Categories: Venezuelan news
Avanzan labores de rehabilitación y mantenimiento preventivo de 30 puentes en todo el territorio nacional
Durante una jornada de trabajo llevada a cabo este fin de semana en el estado Sucre, la ministra de Transporte, Jacqueline Faría, en compañía de la gobernadora Jhoanna Carrillo, inspeccionaron los avances en las obras del puente Aricagua, en el municipio Montes, como parte de las orientaciones...
Categories: Venezuelan news
London Mayor: UK Tops Green Finance Rankings for Eighth Straight Year
As the City of London Corporation marks the fifth instalment of the Net Zero Delivery Summit this week, I reflect on the world we were in back in 2022. Only four years ago businesses and communities were recovering from Covid, war had returned to the European continent with the invasion of Ukraine, and surging fuel and food prices were driving global inflation to historic levels. Since then, global instability has only deepened, with conflict in the Middle East and tariff wars disrupting global trade. We have to face a difficult truth that…
Categories: Oil news
Greek Energy Pulls In $26B As Europe Scrambles To Replace Russian Gas
Billions of dollars in investments are flowing into Greece’s energy sector as the country tries to establish itself as a vital energy transit hub for Central, Eastern, and Southeastern Europe as the European Union prepares to completely phase out Russian gas imports by 2027. According to To Vima Finance, over €23 billion (~$26.3B) from major international investment funds and high-profile global entities including BlackRock, Capital, Covalis, QIA and K Group has poured into Greece's energy sector over the past one month alone as they…
Categories: Oil news
Greek Energy Pulls In $26B As Europe Scrambles To Replace Russian Gas
Billions of dollars in investments are flowing into Greece’s energy sector as the country tries to establish itself as a vital energy transit hub for Central, Eastern, and Southeastern Europe as the European Union prepares to completely phase out Russian gas imports by 2027. According to To Vima Finance, over €23 billion (~$26.3B) from major international investment funds and high-profile global entities including BlackRock, Capital, Covalis, QIA and K Group has poured into Greece's energy sector over the past one month alone as they…
Categories: Oil news
The Oil Crisis Is Far From Over
The outline of conditions and topics for a negotiated settlement of the U.S.-Iran conflict, called a Memorandum of Understanding (MOU) and signed by both sides last week, in all probability won't prevent the approaching energy cliff. That cliff will be the result of fast-depleting commercial and strategic inventories of oil and oil products around the world that have acted as buffers in the wake of the suspension of almost all tanker traffic through the Strait of Hormuz during the conflict - tankers believed to carry about 20 percent of the world's…
Categories: Oil news
Saudis Turn to Russian Fuel Oil as Iran War Saps Fossil Power Supplies
Saudi Arabia continues to snap up high volumes of Russia’s fuel oil as the Hormuz crisis has forced shut oil and gas wells and reduced domestic supply for power generation amid rising temperatures. Russia’s vessel shipments of fuel oil and vacuum gasoil (VGO) slumped in May by some 6% from April, due to the continued Ukrainian strikes on Russian energy infrastructure, Reuters reported on Monday, quoting shipment data on LSEG and traders. Despite the overall decline in Russian fuel oil exports, to about 3.2 million metric tons last month,…
Categories: Oil news
The Race to Revive Venezuela’s Vast Oil Wealth Is Underway
After Washington snatched Venezuela’s authoritarian president, Nicolas Maduro, in a daring January 2026 night raid, the country’s long road to recovery began. Under the leadership of Maduro’s former vice-president, Delcy Rodriguez, economically crucial oil production and exports are rising. President Trump is pressing Caracas to raise output, all while the U.S. president urges big oil to invest in the near-failed state. While doubts linger over whether production can return to historic highs, Venezuela recently recorded its highest…
Categories: Oil news
(VIDEO) Vehículo Tesla bajo conducción automatizada se estrella contra una vivienda en Texas y causa la muerte de una mujer de 76 años
HOUSTON — Las autoridades policiales del condado de Harris, en el estado de Texas, iniciaron una investigación técnica tras registrarse un accidente vial de consecuencias fatales. Un automóvil de la empresa Tesla que presuntamente operaba bajo la modalidad de piloto automático se salió d...
Categories: Venezuelan news
U.S. Airlines Set To Pocket $40 Billion As Jet Fuel Prices Crash
U.S. airlines stand to save billions in dollars on jet fuel costs after the US-Iran peace deal sent oil prices sharply lower. Brent crude was trading at $79.22 per barrel at 6.05 am ET on Monday, nearly $20/bbl lower after Washington and Tehran agreed to a ceasefire and committed to 60 days of negotiations, while jet fuel spot prices fell to $2.85 a gallon, down sharply from $4.88. The dip in fuel costs could slash the U.S. airline industry’s annual fuel bill by more than $40 billion, easing the pressure on carriers who were facing…
Categories: Oil news
Celebran en Caracas el bicentenario del Congreso de Panamá
22 de junio de 2026.- Venezuela celebra el primer intento histórico de integración regional con la conmemoración de los 200 años del Congreso Anfictiónico de Panamá, que fue convocado por Simón Bolívar y celebrado en 1826.
En la Escuela Venezolana de Planificación de Caracas se realiza el coloqui...
Categories: Venezuelan news
EEUU: Fallece Alan Greenspan a los 100 años de edad
El expresidente de la Reserva Federal de los Estados Unidos,
Categories: Venezuelan news
Entrevista: Eric Schmidt habla sobre la mayor revolución en la historia de la guerra, Primero, que entren los robots. Solo después, los humanos
Eric Schmidt es el ex director ejecutivo de Google y expresidente de la Comisión Nacional de Seguridad sobre Inteligencia Artificial (NSCAI) de EEUU. Actualmente es director ejecutivo de Relativity Space y ha participado activamente en el desarrollo de tecnología de drones militares con inteli...
Categories: Venezuelan news
Lista de bonos del Sistema Patria que caen del 22 al 27 de junio: conozca los montos
Los beneficiarios del Sistema Patria esperan recibir nuevos depósitos durante la
Categories: Venezuelan news
Aeropuerto de Maiquetía implementará plan piloto de Gobernanza Visual junto a Marca País
-El Instituto Aeropuerto Internacional de Maiquetía (Iaim), en una alianza estratégica con la Fundación Instituto Marca País Venezuela, implementará próximamente el plan piloto de Gobernanza Visual, una iniciativa de vanguardia diseñada especí...
Categories: Venezuelan news
ExxonMobil "ha decidido no regresar a Venezuela" porque no siente que hay seguridad jurídica
El economista y profesor universitario, José Manuel Puente, señaló que no «queremos que el Fondo Monetario Internacional (FMI) tome el control de nuestro país y de nuestra política, somos los venezolanos con nuestros cuerpos técnicos, con nuestros economistas, con nuestros políticos elec...
Categories: Venezuelan news

