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Beijing Quietly Recalibrates Decarbonization Targets to 2030

Oil news - 2 hours 44 min ago
In China’s new five-year plan, released Thursday, the world’s second-largest economy declared its aim to “lead global climate governance.” However, the targets laid out in the nation’s 15th five-year plan mark a cautious turn in China’s approach to energy strategy, reflecting the global cool-off on climate-related policy and a general sense of unease in energy markets. China is set to continue full-speed ahead in its renewable energy additions, but is fundamentally changing the way that it tracks progress on…
Categories: Oil news

Venezuela avanza en su hoja de ruta para establecer alianzas de producción petrolera

Apporea noticias - Tue, 03/10/2026 - 23:45
El Gobierno de Venezuela avanza en su hoja de ruta para establecer alianzas internacionales con el objetivo de fortalecer su producción petrolera y crecer en el sector petroquímico, informó la estatal Petróleos de Venezuela (PDVSA). En una publicación en Telegram, indicó que la pres...
Categories: Venezuelan news

Three Physical Constraints That Will Govern The Price of Oil

Oil news - Tue, 03/10/2026 - 23:00
Oil prices are notoriously difficult to forecast. The market has a long history of humbling anyone who speaks with too much certainty. There are just too many complex variables involved. At the end of 2025, the prevailing narrative was that a surplus of oil was in store for 2026. Several major banks and forecasting agencies expected global supply to exceed demand by multiple millions of barrels per day. Some projections—including those from JPMorgan Chase—anticipated Brent crude drifting into the $60 range by mid-2026. How quickly things…
Categories: Oil news

Oil Supply Risks Mount as Iran Lays Mines in Strait of Hormuz

Oil news - Tue, 03/10/2026 - 22:37
Iran has begun laying naval mines in the strategically vital Strait of Hormuz, according to two people familiar with U.S. intelligence reporting, in what analysts warn could extend the effective blockade of the world’s most critical energy chokepoint and deepen disruption to global oil flows. The mining activity — currently limited to a few dozen mines laid in recent days — represents an escalation in Iran’s campaign to assert control over the narrow waterway, sources said. Tehran still possesses roughly 80%–90% of…
Categories: Oil news

Renewables May Break the Century-Old Utility Rulebook

Oil news - Tue, 03/10/2026 - 22:00
Renewable sources of power generation, such as solar, wind, and batteries, are displacing fossil fired power generation. The reason? Price. They produce power more cheaply. This is also a little more complicated because this is also a technology transition away from fossil fuels, and its assimilation rate throughout the economy is accelerating. But when competing businesses, which produce the identical commodity,  such as electricity, begin to diverge radically in terms of their underlying cost structures, winners and losers emerge. One of…
Categories: Oil news

Cuba llama a la defensa del derecho de libre determinación

Apporea noticias - Tue, 03/10/2026 - 21:59
La Habana, 10 mar (Prensa Latina) El titular de Relaciones Exteriores de Cuba, Bruno Rodríguez, realizó hoy un llamado a la defensa firme del derecho de los pueblos a la libre determinación. Igualmente instó a respetar la elección a un sistema político, económico y cultural sin inje...
Categories: Venezuelan news

Salas de Autogobierno se encuentran desplegadas en 5.336 comunas y circuitos comunales

Apporea noticias - Tue, 03/10/2026 - 21:54
El ministro del Poder Popular para las Comunas y Movimientos Sociales, Ángel Prado, informó que las Salas de Autogobierno Comunal se han consolidado como el espacio fundamental de encuentro y organización popular en el territorio nacional, estando presentes en las 5.336 comunas y circuitos com...
Categories: Venezuelan news

Canciller iraní: "Volver a negociar con EEUU no está sobre la mesa"

Apporea noticias - Tue, 03/10/2026 - 21:50
El canciller iraní, Seyed Abbas Araghchi, declaró que no cree que volver a las negociaciones con la parte de EEUU vaya a estar sobre la mesa, debido a la experiencia
Categories: Venezuelan news

IEA Mulls Emergency Action To Unleash Oil Reserves

Oil news - Tue, 03/10/2026 - 21:30
Global energy leaders are gathering to decide whether to release emergency oil reserves as production and export disruptions tied to the Middle East conflict continue to strain global markets. The International Energy Agency hosted G7 energy ministers at its Paris headquarters on Tuesday, where Executive Director Fatih Birol warned that conditions in oil markets have deteriorated in recent days. Shipments through the Strait of Hormuz have been disrupted, forcing some producers in the region to curtail output, creating what the agency described…
Categories: Oil news

Middle East Conflict Threatens to Derail the Region’s Carbon Capture Boom

Oil news - Tue, 03/10/2026 - 21:00
The escalation of conflict in the Middle East is a stress test for the region’s carbon capture, utilization and storage (CCUS) projects and how bankable they remain when hydrocarbon operations are disrupted. Because most CCUS projects are linked to oil and gas value chains, the regional pipeline is being repriced as higher risk. Our base case of 20 million tonnes per annum (Mtpa) of capture capacity by 2030 now looks unlikely; we expect delays as priorities shift and capital is reallocated, leaving the region tracking closer to our low case…
Categories: Oil news

Oil Shock Lifts EIA Price Outlook as Hormuz Crisis Reshapes Forecast

Oil news - Tue, 03/10/2026 - 20:30
The U.S. Energy Information Administration sharply revised its oil price outlook in its latest Short-Term Energy Outlook (STEO) based on the growing impact of the Middle East conflict and the near standstill in tanker traffic through the Strait of Hormuz. Brent crude settled at $94 per barrel on March 9, according to the EIA— a roughly 50% surge since the start of the year and the highest level since September 2023. Prices have climbed rapidly as shipments through the Strait of Hormuz slowed dramatically and some Middle East producers began…
Categories: Oil news

Fujairah Bunker Hub Disrupted as Drone Debris Damages Oil Storage

Oil news - Tue, 03/10/2026 - 20:10
Marine fuel supply at the major Middle East bunkering hub of Fujairah has been disrupted after debris from an intercepted drone sparked a fire at an oil storage facility, forcing terminals to halt bunker barge loadings and tightening fuel availability in regional shipping markets. The incident occurred on March 9 when debris from a drone intercepted by UAE air defence systems fell inside the Fujairah Oil Industry Zone, triggering a fire that damaged storage infrastructure. Authorities later said the blaze had been contained, but bunker terminals…
Categories: Oil news

Gas 90% más caro: el conflicto en Oriente Medio ya pasa factura a Europa

Apporea noticias - Tue, 03/10/2026 - 20:00
10 de marzo de 2026.- El director general del Mecanismo Europeo de Estabilidad, Pierre Gramegna, ha alertado de que el actual conflicto en Oriente Medio, desencadenado por el ataque de EE.UU. e Israel a Irán, ya está afectando a la economía europea, durante una rueda de prensa celebrada este lunes e...
Categories: Venezuelan news

88% Spike in Gas Prices Forces Utilities to Coal

Oil news - Tue, 03/10/2026 - 20:00
Asian benchmark Newcastle coal prices jumped more than 9% to $150/ton (as per BBG data) at the start of the week, as energy flows across the Gulf area remain disrupted and transit through the Strait of Hormuz has significantly slowed. The rise in coal prices is being driven by a broader energy shock, with surging gas prices making coal a more economical substitute fuel for power generators. Last week's IRGC kamikaze drone attack, which shuttered Qatar's massive LNG export facility - responsible for roughly 20% of global supply - has been the driving…
Categories: Oil news

Las cancelaciones de vuelos en Oriente Medio superan las 27.000, Israel sólo permite vuelos de evacuación

Apporea noticias - Tue, 03/10/2026 - 19:05
La industria de la aviación global enfrenta una parálisis sin precedentes en la región del Medio oriente. Según datos de seguimiento de vuelos analizados por Bloomberg, el total de vuelos cancelados ha escalado a 27.000 operaciones desde finales de febrero. El Aeropuerto Ben Gurión ...
Categories: Venezuelan news

Ámgel Prado: contamos con 1000 circuitos comunales y 4100 comunas

Apporea noticias - Tue, 03/10/2026 - 19:02
10 de marzo de 2026.- El ministro para las Comunas, Movimientos Sociales y Agricultura Urbana, Ángel Prado, destacó que en Venezuela existen más de 1.000 circuitos comunales que trabajan para adecuarse a la Ley de Comunas. Durante una entrevista, expresó que en la actualidad la nación cuenta con ...
Categories: Venezuelan news

U.K. Warns Oil Price Spike Could Stoke Inflation

Oil news - Tue, 03/10/2026 - 19:00
Chancellor Rachel Reeves has warned that a recent spike in oil prices will translate into higher inflation in the UK, with her economic approach centring on calls for the US, Israel and Iran to de-escalate the conflict in the Middle East. In a statement to MPs, Reeves said she called on G7 finance minister, which includes the US administration’s Scott Bessent, for “immediate de-escalation” of the conflict and that she wanted to see vessels safely pass through the Strait of Hormuz after days of disruption.  However, she appeared…
Categories: Oil news

(VIDEO) Veedora mexicana: "Venezuela ejemplo de democracia directa"

Apporea noticias - Tue, 03/10/2026 - 18:18
Afirmó la veedora internacional Georgette Kuri, que la población venezolana sigue apostando por el poder popular, por la democracia directa, "están defendiendo este proceso que construyen desde hace muchos años" A propósito de la primera Consulta Popular Nacional 2026, la ...
Categories: Venezuelan news

Lula: “si no nos preparamos para la defensa, cualquiera nos invade”

Apporea noticias - Tue, 03/10/2026 - 18:12
El presidente de Brasil, Luiz Inácio Lula da Silva, hizo un llamado urgente a fortalecer las capacidades de defensa de su nación para evitar la vulnerabilidad ante potencias externas. Durante un encuentro estratégico en Brasilia con su homólogo sudafricano, Cyril Ramaphosa, el mandatario brasi...
Categories: Venezuelan news

El planeta se calienta casi el doble de rápido advierten científicos

Apporea noticias - Tue, 03/10/2026 - 18:11
10 de marzo de 2026.- El planeta se calienta casi el doble de rápido que hace una década, y estaría en riesgo el compromiso global sobre frenar el aumento de las temperaturas por encima de los 2 grados Celsius, advierten hoy científicos. El límite del Acuerdo de París podría superarse antes de 2...
Categories: Venezuelan news

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