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Tight Now, Loose Later: Oil Futures Flash Warning
Last week, OPEC+ announced it will once again accelerate the pace of unwinding of production cuts, with output targets for June increasing by 411,000 barrels per day, equivalent to three monthly increments. This follows a similar move in April, with the organization appearing willing to stay the course amid low oil prices and fears of weakening demand. We reported that global crude inventories remain low enough, thus giving OPEC+ a window to scale back its voluntary cuts until the market surplus finally arrives. Saudi Arabia appears intent…
Categories: Oil news
La administración Trump invoca el privilegio de secretos de Estado en el caso de Kilmar Abrego García
WASHINGTON, 8 de mayo de 2025.— El gobierno de Trump invoca el "privilegio de secreto de estado" en un aparente intento de evitar responder a las preguntas de un juez sobre la deportación errónea de Kilmar Ábrego García a El Salvador, informó Prensa Asociada.
La juez...
Categories: Venezuelan news
How Turkey Could Thwart the EU's Plan to Ban Russian Gas
The European Union wants to quit all forms of Russian energy imports by the end of 2027. The EU has spoken a lot about this, but action has been mostly absent, with Russia still the second-biggest supplier of gas to the bloc. Now, a non-EU country’s gas ambitions could make Brussels’ task of quitting Russian gas even harder. The European Commission this week announced plans to bring Russian natural gas imports to zero. This will, apparently, happen by the central government of the EU banning member states from signing new supply contracts…
Categories: Oil news
Llegan a Venezuela 315 migrantes en un vuelo de repatriación desde México
Un grupo de 315 compatriotas venezolanos fue repatriado este jueves en un vuelo procedente de México, el vigésimo con migrantes que aterriza en Venezuela desde el pasado mes de febrero, informó en sus redes sociales el Ministerio para Relaciones Interiores, Justicia y Paz.
"En ...
Categories: Venezuelan news
¿Y los Bonos pa´cuándo? Ya vamos a 8 de mayo y la gente sigue esperando sin respuestas
Los famosos bonos que entrega el gobierno nacional‚ a través de su plataforma Patria.org, a principios de cada mes no se han generado aún a estas fechas de la segunda semana del mes de mayo. Son muchas las personas que dependen de estas pequeños beneficios de dinero que sirven para compl...
Categories: Venezuelan news
Europe’s $2 Trillion Energy Reality Check
Last week’s worst blackout Europe has ever seen in modern times was a wake-up call for the EU – and the rest of the world – that regardless of booming renewable energy capacity installations, power supply will not be secure unless grids are capable and flexible enough to accommodate clean energy and meet rising demand. Renewable energy proponents have been touting for years the record-breaking solar and wind capacity additions in Europe and elsewhere, calling at the same time for more investments in grids. With headline-grabbing…
Categories: Oil news
Zulia: 44 litros de lluvia por metro cuadrado azotaron a Maracaibo, un fallecido y una vivienda colapsada
8 de mayo de 2025.- Un aguacero azotó a Maracaibo, el cual dejó una adulta mayor fallecida y la caída de 44 litros de agua por metro cuadrado.
Marcos Acevedo, director de Protección Civil, informó sobre el fallecimiento de la adulta mayor fue a consecuencia de una descarga eléctrica. La occisa fu...
Categories: Venezuelan news
U.S., Russia In Quiet Talks to Bring Russian Gas Back to Europe
U.S. and Russian officials are quietly exploring pathways to restore Russian natural gas flows to Europe—an initiative that, if realized, would mark a seismic shift in post-Ukraine war energy dynamics, according to an exclusive report by Reuters on Thursday. The talks, still in preliminary stages, are reportedly linked to ongoing peace negotiations and could involve U.S.-backed intermediary arrangements to facilitate pipeline transit through Ukraine or even Nord Stream infrastructure, Reuters reported. Europe's Russian gas dependency…
Categories: Oil news
Cómo la minería ilegal se extendió por Perú hasta llevar a la matanza de 13 mineros en una mina de Pataz
La matanza de 13 personas en una mina de Pataz generó conmoción en Perú y puso el foco en el alarmante auge de la actividad criminal en torno a la minería ilegal en el país.
Los cadáveres de los trabajadores fueron hallados este domingo con indicios de haber sido ejecutados en una g...
Categories: Venezuelan news
Más sectores sociales se unen a protestas antineoliberales en Panamá
8 de mayo de 2025.- Diversos sectores sociales, incluyendo docentes y trabajadores de la construcción, iniciaron su tercera semana de huelga general en oposición a la Ley 462, que modifica el sistema de pensiones en Panamá, a la reactivación de la minería, la construcción de embalses en el río Indio...
Categories: Venezuelan news
Fiscalía de México pide cárcel para un alcalde ligado al narcorrancho de Jalisco
El fiscal General de la República, Alejandro Gertz Manero, confirmó este jueves que a José Ascensión Murguía Santiago, alcalde del municipio de Teuchitlán, estado de Jalisco, oeste de México, le fue dictada prisión formal por su presunta responsabilidad en el caso del narcorrancho Izaguirre.
Categories: Venezuelan news
UK Net-Zero Goal at Risk as Ørsted Cancels Offshore Wind Project
There are growing doubts over the government’s ability to meet its net zero targets after the company behind one of Britain’s biggest-ever wind farms abruptly pulled the plug on the project, citing overwhelming cost pressures. Denmark-based Ørsted, which won the contract to develop the 2.4GW Hornsea 4 offshore windfarm last year, said it took the decision due to “supply chain costs, higher interest rates, and an increase in the risk to construct and operate Hornsea 4 on the planned timeline.” The move marks the latest…
Categories: Oil news
U.S. Nat Gas Liquids Exports Hit Record—Even With China Playing Hardball
As it turns out, a trade war with your biggest customer isn’t the death knell some made it out to be. U.S. exports of natural gas liquids (NGLs) hit an all-time high in April, defying concerns that the escalating trade war with China would choke off demand. Ship tracking data from Kpler and Vortexa pegged NGL exports at 2.9 million barrels per day (bpd)—a record level—even as exports to China tumbled 35% month-over-month. NGLs like ethane, propane, and butane—key inputs for everything from plastics to home heating—have…
Categories: Oil news
U.S. Nat Gas Liquids Exports Hit Record—Even With China Playing Hardball
As it turns out, a trade war with your biggest customer isn’t the death knell some made it out to be. U.S. exports of natural gas liquids (NGLs) hit an all-time high in April, defying concerns that the escalating trade war with China would choke off demand. Ship tracking data from Kpler and Vortexa pegged NGL exports at 2.9 million barrels per day (bpd)—a record level—even as exports to China tumbled 35% month-over-month. NGLs like ethane, propane, and butane—key inputs for everything from plastics to home heating—have…
Categories: Oil news
CNE habilita centros electorales para el simulacro de este 10 de mayo
8 de mayo de 2025.- El Consejo Nacional Electoral (CNE) publicó este jueves los centros de votaciones habilitados para el simulacro electoral que se realizará este sábado 10 de mayo.
“¡Participa y conoce cómo ejercer tu derecho al voto! El CNE te invita a ser parte...
Categories: Venezuelan news
Taiwan's Energy Crisis Could Prove to Be Existential
Taiwan is walking an energy tightrope. The island nation’s isolated energy grid supports a population the size of Australia’s at 23 million and one of the most advanced and energy-intensive tech sectors in the world. And not only is it being pushed to its absolute limit by economic factors, it’s also facing an existential threat from potential Chinese aggression. “As the age of energy-hungry artificial intelligence dawns, Taiwan is facing a multifaceted energy crisis: It depends heavily on imported fossil fuels; It…
Categories: Oil news
León XIV‚ el nuevo papa‚ también tiene la nacionalidad peruana
Robert Prevost fue elegido como el nuevo papa en el cónclave que se celebró en el Vaticano. Asumirá el nombre de León XIV. El hasta hoy cardenal estadounidense también tiene la nacionalidad peruana, que obtuvo en 2015 tras pasar gran parte de su vida religiosa en el país andino, informó el reg...
Categories: Venezuelan news
Las fuerzas israelíes cierran las escuelas de la ONU en Jerusalén Este‚ en territorio anexado a su favor
Las fuerzas israelíes cerraron este jueves las seis escuelas de Naciones Unidas en Jerusalén Este, un territorio anexado por Israel, indicó la agencia de la ONU para los refugiados palestinos (Unrwa).
El cierre llega tres meses después de que Israel aprobara la prohibición de las ac...
Categories: Venezuelan news
Refiners Defy Oil Price Slump With Strong Q1 Profits on Solid Margins
Despite slumping oil prices, global refiners are turning in strong first-quarter earnings, thanks to a sharp rebound in profit margins, Reuters reports, with U.S. Gulf Coast refiners processing Mars crude enjoying a doubling of margins to some $16 per barrel, $7 margins in Singapore for Dubai crude, and a 36% margin jump in Asia for Arab Light crude. All in all, we’re looking at refining margins for the first-quarter of this year that are better than 2024, even as upstream margins weaken and the industry at large expresses concern over…
Categories: Oil news
Refiners Defy Oil Price Slump With Strong Q1 Profits on Solid Margins
Despite slumping oil prices, global refiners are turning in strong first-quarter earnings, thanks to a sharp rebound in profit margins, Reuters reports, with U.S. Gulf Coast refiners processing Mars crude enjoying a doubling of margins to some $16 per barrel, $7 margins in Singapore for Dubai crude, and a 36% margin jump in Asia for Arab Light crude. All in all, we’re looking at refining margins for the first-quarter of this year that are better than 2024, even as upstream margins weaken and the industry at large expresses concern over…
Categories: Oil news