As the dust settles on what has been tumultuous year of elections, geopolitical tension and global debates on emissions, 2025 looks set to be a pivotal year in the fight against climate change, securing energy stability, and fostering sustainable economic growth. For governments around the world, this moment marks a critical juncture to accelerate efforts that have been deliberated for years but largely remain unfulfilled. While issues such as the cost of living and geopolitical tensions have dominated headlines in 2024, it is clear the time to…

12 de diciembre de 2024.- Tras la dimisión del primer ministro, Michel Barnier, el Presidente de Francia, Emmanuel Macron, anunció que intentará nombrar a un nuevo primer ministro en las próximas 48 horas, en medio de una creciente tensión política en el país europeo. En este sentido, y apropósi...

The mood on Ukraine at the NATO foreign affairs ministerial in Brussels on December 3-4 can be described in one word: grim. Just listen to the normally chirpy NATO Secretary-General Mark Rutte: "This could be Ukraine's most difficult winter since 2022." Or Ukrainian Foreign Minister Andriy Sybiha, who told the press that the situation "is really very challenging. And I am [being] very diplomatic now." A senior NATO official, speaking anonymously because they weren't authorized to speak on the record, made clear to me what has been apparent for…

12 de diciembre de 2024.- El ministro para las Relaciones Interiores, Justicia y Paz, Diosdado Cabello, denunció que María Corina Machado, junto a Iván Simonovis, planean explotar una estación del Metro de Caracas, así como también carros, el próximo 10 de enero, fecha en la que se juramentará Nicol...

Deutsche Bank released a new note on coming 2025 themes, trends and top picks in the automotive industry this week. Among the standouts from the note were: Volkswagen (Europe): Volkswagen is addressing cost inefficiencies with bold restructuring efforts, such as plant closures and a canceled labor agreement in Germany. Its new product launches, particularly in premium brands Audi and Porsche, position it to have the youngest portfolio by year-end 2025, enhancing competitiveness. BMW (Europe): BMW leads German automakers in Battery Electric Vehicle…

12 de diciembre de 2024.- La producción petrolera venezolana produjo al cierre de noviembre 960.000 barriles diarios, informó la Organización de Países Exportadores de Petróleo (Opep). Cabe destacar que la producción en el penúltimo mes del año superó en 27.000 barriles por día el promedio de 933...

Russia's state oil firm Rosneft has agreed to supply nearly 500,000 barrels per day (bpd) of crude to India’s Reliance Industries in the biggest oil supply deal between the two countries, Reuters reported on Thursday. The 10-year agreement is worth roughly $13 billion a year at current prices. Under the deal, Rosneft will deliver 20-21 Aframax-sized cargoes (80,000 to 100,000 metric tons) of various Russian crude grades and three cargoes of about 100,000 tons each of fuel oil each month. Previously, we reported that India is likely to resort…

Russia's state oil firm Rosneft has agreed to supply nearly 500,000 barrels per day (bpd) of crude to India’s Reliance Industries in the biggest oil supply deal between the two countries, Reuters reported on Thursday. The 10-year agreement is worth roughly $13 billion a year at current prices. Under the deal, Rosneft will deliver 20-21 Aframax-sized cargoes (80,000 to 100,000 metric tons) of various Russian crude grades and three cargoes of about 100,000 tons each of fuel oil each month. Previously, we reported that India is likely to resort…

Several European oil and gas majors appear to be doubling down on their investments in fossil fuels, despite reports from earlier in the year warning that strict North Sea regulations could dampen interest in oil and gas. Shell and Equinor have just announced a new joint venture for their North Sea activities, while BP’s deal with Japan’s Jera will allow it to focus on continuing to exploit its oil and gas assets. While all three companies have expanded their renewable energy portfolios, it seems they are not yet ready to leave oil…

12 de diciembre de 2024.- El Gran Maestro indio Dommaraju Gukesh, de solo 18 años, se proclamó el campeón mundial de ajedrez más joven de la historia tras vencer en la final del torneo mundial al genio chino Liren Ding. Durante la liza, celebrada en Madrid, ambos finalistas, por primera vez dos a...

Norway’s ruling party and the opposition party leading in the polls ahead of next year’s election plan to campaign for cutting off an interconnector with Denmark and renegotiate electricity interconnections with the EU and the UK as Norwegian power prices have soared to multi-year highs.   While not a part of the European Union, Norway is a key EU partner and is party to many EU single market initiatives, including in electricity interconnection. But unlike most of the EU countries, Norway has abundant hydro resources and doesn’t…

12 de diciembre de 2024.- El defensor del Pueblo, Pedro Callisaya, recordó que la Justicia es un problema estructural en el país cuya reforma aún está pendientes. Advirtió de un posible “escenario de inseguridad jurídica y vulneración” de los derechos de acceso a la justicia. “La reforma judic...

Escalating trade hostilities between China and the United States are putting drone supplies critical to Ukraine’s war effort in the crosshairs. U.S. media reports suggest Chinese manufacturers are limiting the sale of vital drone components to companies in the United States and the European Union that supply the parts to Ukraine. The Chinese restrictions could hinder Ukraine on the battlefield, where drones have played a pivotal role. Kyiv’s arsenal of cheap but effective drones is used for reconnaissance, dropping explosives on targets,…

Diesel prices are set to rise next year from the currently depressed levels as several refineries in developed countries are scheduled to cease production of fuels, analysts and traders have told Reuters. After rising in November to multi-month highs, refining margins for diesel have dropped over the past two weeks in all regions, including in the United States, Europe, and Asia. Next year, an estimated 1 million barrels per day (bpd) of refining capacity across Europe and the U.S. is set to close permanently. But another 800,000 bpd or slightly…

Diesel prices are set to rise next year from the currently depressed levels as several refineries in developed countries are scheduled to cease production of fuels, analysts and traders have told Reuters. After rising in November to multi-month highs, refining margins for diesel have dropped over the past two weeks in all regions, including in the United States, Europe, and Asia. Next year, an estimated 1 million barrels per day (bpd) of refining capacity across Europe and the U.S. is set to close permanently. But another 800,000 bpd or slightly…

En un ambiente de fervor comunitario y compromiso ciudadano, el presidente Nicolás Maduro lideró una Asamblea Comunera en la parroquia 23 de Enero, donde se reunió con los candidatos y candidatas a Jueces de Paz Comunal de Caracas. Este encuentro se enmarca en el inminente proceso e...

Desde el día de ayer miércoles 11 del presente mes de diciembre comenzó la asignación del bono "Contra la Guerra Económica" dirigido a los trabajadores activos y jubilados y de la administración pública que perciban el Cestaticket. De acuerdo con el Canal Patria Digital en...

The global oil market will find itself in a large surplus next year, even as OPEC+ has decided to defer the start of production increases to April, the International Energy Agency (IEA) said on Thursday. The OPEC+ group last week decided to delay the start of the easing of the 2.2 million bpd cuts to April 2025, from January 2025. The group also extended the period in which it would unwind all these cuts into the following year, until September 2026. While the OPEC+ decision “has materially reduced the potential supply overhang…

En el marco de la 25º Edición del Foro Mundial de las Zonas Económicas Especiales (ZEE), la presidenta del Instituto de Altos Estudios de ZEE de Shenzhen, China, Tao Yitao, volvió al estado Falcón para verificar las condiciones y los ajustes recomendados durante su primera visita el pasad...

Saudi Arabia is expected to ship in January the highest crude oil volumes to China in three months, after the world’s top crude exporter cut its prices for Asia for next month, trade sources told Reuters on Thursday. Saudi Arabia plans to ship a total of 46 million barrels of crude oil to the world’s largest crude importer in January, the highest volume since October. January deliveries will be significantly higher than the 36.5 million barrels expected to be shipped from Saudi Arabia to China in December. This month will see a second…