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Chevron Cuts Permian Capex for 2025
Chevron has reduced the amount of capital expenditure it will allocate for its operations in the Permian Basin next year, the company said in an update. The company said it planned to spend between $4.5 billion and $5 billion on production in the Permian, “as production growth is reduced in favor of free cash flow.” Total upstream spending for 2025 is planned at $13 billion, with the company’s total capex budget set in a range of between $14.5 billion to $15.5 billion. This would be a decline from this year’s capex budget…
Categories: Oil news
Autopista Gran Cacique Guaicaipuro estará parcialmente cerrada del 9 al 13 de diciembre en dos puntos
06-12-24.-El ministerio para el Transporte informó que la Autopista Gran Cacique Guaicaipuro estará cerrada desde el 9 hasta el 13 de diciembre.
La medida se dará en horario comprendido entre las 8pm hasta las 5am y obedece...
Categories: Venezuelan news
Gaceta Oficial 43.016 miércoles 27 de noviembre 2024
2024-11-27 Gaceta Oficial 43016
SUMARIO
ASAMBLEA NACIONAL
Acuerdo en conmemoración del Día Internacional de la Eliminación de la Violencia Contra la Mujer.
Acuerdo en repudio a las ilegitimas e ilegales medidas coercitivas uni...
Categories: Venezuelan news
Arrancó La Expo Bolívar "Transformación y Futuro 2024"
En el Gimnasio Hermanas González del municipio Caroní
Más de 100 expositores y emprendedores, 8 conferencias, conciertos en vivo y área gastronómica son algunas de las novedades
Categories: Venezuelan news
(Caricatura) Los Destrazos por Marquitos: La Sayona Maricori se declaró la propia VENECA.
Caracas, 5 de diciembre de 2024.-
...
Categories: Venezuelan news
EEUU: Texas podria transportar a inmigrantes directo a ICE (El Servicio de Inmigración) para su deportación
...No quieren enviarlos a las ciudades santuario según el plan propuesto
6 de diciembre de 2024.-Las autoridades también han advertido sobre la captura de niños migrantes no acompañados cerca de la frontera, informó Noticias de FOX.
Categories: Venezuelan news
EEUU: Se reportó terremoto de magnitud 7,0 frente a la costa del norte de California
SAN FRANCISCO, 5 de diciembre de 2024) -- El USGS dice que un terremoto de magnitud 7,0 azotó el norte de California en el condado de Humboldt, informó ABC7Noticias California,
El epicentro se produjo frente a la costa cerca de Petrolia, en el condado de Humboldt, dijo el USGS.
...
Categories: Venezuelan news
U.S. Gas Prices Climb as Europe Scrambles for Supply
Dropping temperatures in the United States and Europe have prompted a rally in U.S. natural gas prices. Although somewhat hesitant, this rally could help avoid a shortage in the not-too-distant future. Winter is peak demand season for natural gas as demand for readily available, baseload electricity shoots up. This year has been no exception. In Europe, Germany’s gas consumption surged by 79% in November from October—the biggest monthly increase in consumption ever recorded, Reuters’ Gavin Maguire reported. Germany, as the rest…
Categories: Oil news
The Doomsday Trade: These 3 Assets Could Skyrocket if WW3 Breaks Out
2024 was one of those years that will go into the books as one of great instability and upheaval. With fears of World War III looming, safe haven assets and critical minerals have seen prices soar. Central banks are rushing to buy gold, defense stocks are booming, and there’s even talk about starting a national strategic Bitcoin reserve in the U.S.First of all, gold continues to assert its status as the ultimate safe-haven asset, hitting a record price of $2790 in October amid escalating uncertainty. Bitcoin, often dubbed "digital gold,"…
Categories: Oil news
Gas Prices Set for a Breakout in 2025
Natural gas prices are on the climb and this climb is about to intensify in the first months of the new year as seasonal demand hits its peak in the northern hemisphere. That’s bad news for struggling economies. Gas prices in Europe, Asia, and North America have made solid gains this year. Reuters’ Gavin Maguire reported this week those fall in the range between 30% and 50%--and that’s not the end of the rally. Winter is just beginning, and the weather in Europe and Asia, as well as most of North America, is about to get a lot…
Categories: Oil news
Fortalecen dotación de los bomberos(as) del estado Lara
5 de diciembre de 2024.-Desde la ciudad de Barquisimeto en el estado Lara, autoridades del Sistema Nacional de Gestión de Riesgo entregaron materiales y dotación a 7 cuerpos de bomberos y bomberas de los estados Bolívar, Lara, Miranda y Nueva Esparta, informó Prensa Mpprijp.
La acti...
Categories: Venezuelan news
Beyond Oil: Saudi Arabia's $2.5 Trillion Mining Revolution
Via Metal Miner With the growing imperative of a global clean energy transition, many nations face deficits in reserves of mineral resources. In response to this, a significant number of them are turning their focus to the African continent, but that’s old news. For the last year or so, Saudi Arabia has taken major steps beyond its traditional oil sector, investing heavily in the exploration and development of its extensive domestic mineral resources. This effort is two-pronged. On the one hand, the country wants to develop…
Categories: Oil news
Putin Relaxes Gas Payment Rules, But European Energy Security Still Shaky
In a move aimed at stabilizing European energy markets, Russian President Vladimir Putin has scrapped the requirement for natural gas payments to be processed exclusively through the sanctioned Gazprombank. European buyers can now settle payments via other banks, a significant shift that briefly calmed markets, with European gas benchmark prices dropping by 2.3%. The decision comes amid heightened tensions after the U.S. sanctioned Gazprombank last month as part of broader measures against Moscow for its ongoing war in Ukraine. The market became…
Categories: Oil news
Putin Relaxes Gas Payment Rules, But European Energy Security Still Shaky
In a move aimed at stabilizing European energy markets, Russian President Vladimir Putin has scrapped the requirement for natural gas payments to be processed exclusively through the sanctioned Gazprombank. European buyers can now settle payments via other banks, a significant shift that briefly calmed markets, with European gas benchmark prices dropping by 2.3%. The decision comes amid heightened tensions after the U.S. sanctioned Gazprombank last month as part of broader measures against Moscow for its ongoing war in Ukraine. The market became…
Categories: Oil news
Rethinking Growth: The Case for a Simplified Global Economy
Economic growth and added complexity sound like they would be good, but at some point, the combination gets to be too much–simplification is needed. Too much of the world’s income starts going to non-working individuals and to high-earning workers in privileged fields. Ordinary working citizens start to say, “Wait a minute, there is not enough left for my everyday expenses. The system needs to change.” Elections lead to the selection of politicians who want war, or who want to overturn the current system. The system then…
Categories: Oil news
Kazakhstan's Ambitious Plan to Achieve Carbon Neutrality by 2060
Alim Sailybaev knows how to drive change: he is literally developing Kazakhstan’s voluntary carbon credit market from seed. And he is doing it on the parched bed of the Aral Sea. When we meet at a planting site in Aralkum, one of the planet’s youngest deserts, 31 miles northwest of the fishing village of Karateren, Sailybaev is brimming with ideas: micro-nurseries for seedlings, an eco-corridor, a green e-currency and a crowdfunding platform. His salt-and-pepper hair sways as he excitedly discusses concepts ranging from green ecology,…
Categories: Oil news
Oil Prices Steady After OPEC+ Pushes Back Output Hike
Oil prices were trading flat on Thursday afternoon, after OPEC+ delayed its planned output increase by three months to April 2025, and extended the full unwind of production cuts by a year until the end of 2026. Brent crude for February delivery rose a marginal 0.06% to trade at $72.35 per barrel at 14.06 ET, while WTI was trading flat at $68.54. The OPEC+ announcement comes days after commodity experts at Standard Chartered predicted that the oil ministers were likely to delay any unwinding of voluntary cuts to the end of Q1 and perhaps even further…
Categories: Oil news
Oil Prices Steady After OPEC+ Pushes Back Output Hike
Oil prices were trading flat on Thursday afternoon, after OPEC+ delayed its planned output increase by three months to April 2025, and extended the full unwind of production cuts by a year until the end of 2026. Brent crude for February delivery rose a marginal 0.06% to trade at $72.35 per barrel at 14.06 ET, while WTI was trading flat at $68.54. The OPEC+ announcement comes days after commodity experts at Standard Chartered predicted that the oil ministers were likely to delay any unwinding of voluntary cuts to the end of Q1 and perhaps even further…
Categories: Oil news
Oil Prices Steady After OPEC+ Pushes Back Output Hike
Oil prices were trading flat on Thursday afternoon, after OPEC+ delayed its planned output increase by three months to April 2025, and extended the full unwind of production cuts by a year until the end of 2026. Brent crude for February delivery rose a marginal 0.06% to trade at $72.35 per barrel at 14.06 ET, while WTI was trading flat at $68.54. The OPEC+ announcement comes days after commodity experts at Standard Chartered predicted that the oil ministers were likely to delay any unwinding of voluntary cuts to the end of Q1 and perhaps even further…
Categories: Oil news
Uruguay: Corte Electoral proclamó a Yamandú Orsi como presidente
5 de diciembre de 2024.- El presidente de la Corte Electoral, Wilfredo Penco, abrió la sesión extraordinaria de investidura para dar la bienvenida al presidente y la vicepresidenta "electos y proclamados". Penco recordó que 2024 tuvo tres instancias electorales, las elecciones intern...
Categories: Venezuelan news