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Skyrocketing Gas Prices Threaten Political Order Across the Globe
While energy prices stayed steady in February, the numbers show that they were already on the rise even before the United States waged war on Iran. As the Strait of Hormuz begins its third week of closure to its myriad political adversaries, extending what was already the single largest disruption to global oil trade in history, we can expect to see skyrocketing energy prices over the coming weeks and months. And that means that we can expect political disruptions that last a whole lot longer. As the United States and Israel continue a bombardment…
Categories: Oil news
Entregan 500 motores y financiamiento para 290 proyectos de pescadores
La presidenta encargada de la República, Delcy Rodríguez, resaltó la entrega de 500 motores a pescadores desde el estado Falcón, en ocasión de celebrarse el Día del Pescador Artesanal y el Día de la Alimentación.
"Impulsamos la pesca y la acuicultura con la entrega de 500 motor...
Categories: Venezuelan news
Independent Pubs Face 'Devastating' Energy Cost Spikes
Independent pubs could be left vulnerable to spikes in energy costs caused by the Iran war, while their larger competitors enjoy the security of fixed energy deals. Landlords across the UK could face “devastating” costs if energy prices continue to rise, trade body UKHospitality has warned. Blockages to the Strait of Hormuz, a crucial shipping channel, have caused oil and gas prices to surge and some businesses have said they may face higher energy costs as soon as April, when they renew their contracts with suppliers. The owner…
Categories: Oil news
Washington mira a Venezuela para asegurar fertilizantes en plena crisis del Golfo
La guerra entre Estados Unidos e Irán ha puesto bajo presión una de las cadenas de suministro más sensibles del mundo: la de los fertilizantes nitrogenados. Con el tráfico marítimo en el Golfo interrumpido y los precios disparados, la Casa Blanca ha comenzado a buscar proveedores alternativos ...
Categories: Venezuelan news
Reuters: PDVSA ratifica Asdrúbal Chávez como presidente de Citgo Petroleum
La empresa Petróleos de Venezuela S. A. (PDVSA) ratifica a Asdrúbal Chávez como presidente de las filiales PDV Holding, Citgo Holding y Citgo Petroleum.
El nombramiento lo realizó esta semana la Junta Directiva de la estatal petrolera venezolana, según un documento visto por la agen...
Categories: Venezuelan news
How the Iran War Could Trigger a Global Credit Crunch
The Iran war’s shock to oil and gas prices has, understandably, dominated much of the recent market news. Though the downstream effects have yet to be fully understood, there is no question that we are in the throes of the greatest energy crisis in modern history, with significant implications for every facet of the modern economy. One particular aspect that is just beginning to be appreciated is the financial one. The onset of this latest Persian Gulf war is poised to severely disrupt a channel of liquid investment, known as…
Categories: Oil news
(VIDEO) ¡Con el madero encendido! Venezuela va por la gloria ante Estados Unidos en la final del Clásico Mundial de Béisbol
La selección de Venezuela saldrá este martes a buscar la gloria cuando enfrente a Estados Unidos (EEUU) en la gran final del Clásico Mundial de Béisbol 2026, en un duelo que marcará un momento histórico para el béisbol nacional.
El conjunto venezolano llega encendido tras una campañ...
Categories: Venezuelan news
¿Accidente, ataque o Sabotaje?: El USS Gerald R. Ford se retira del Mar Rojo tras incendio de 30 horas
El portaaviones más avanzado de los Estados Unidos, el USS Gerald R. Ford (CVN-78), ha abandonado sus operaciones en el Mar Rojo para dirigirse de emergencia a la base de la OTAN en Souda Bay, Creta. Lo que inicialmente se presentó como un incidente menor, ha escalado a una crisis operativa qu...
Categories: Venezuelan news
Sin Respuesta de Contingencia: Ante el Paro de Transporte de Ayer, el Servicio de Metrobús Brilló por su Ausencia
La jornada de ayer dejó al descubierto una herida abierta en la movilidad de la capital. Ante el paro de transporte que paralizó las principales rutas, el gran ausente fue el sistema de contingencia del Estado. Lo que debió ser un auxilio vial para el ciudadano de a pie simplemente no llegó, o...
Categories: Venezuelan news
Why Taking Over Utilities Won’t Deliver Cheap Electricity
Renewable energy sources not only disrupt business relationships due to their low prices and rapid deployment, but they might also disrupt political movements as well, specifically efforts on the part of local governments to take over investor-owned utilities (municipalization), most prominently, recently, in San Francisco, Tucson, and the lower Hudson Valley, NY. Proponents of municipalization hope to reduce electricity rates to local consumers. We believe that because of the advent of newer, cheaper renewable technologies, they are going about…
Categories: Oil news
¿Qué pasó? Incertidumbre y Silencio: El CLAP en "Terapia Intensiva" tras meses de retrasos
Desde diciembre de 2025, un silencio administrativo envuelve el programa de los Comités Locales de Abastecimiento y Producción (CLAP). En distintas comunidades de Caracas y el interior del país, el consabido aviso del WhatsApp que anuncia la llegada del beneficio no llega, y la pregunta que se...
Categories: Venezuelan news
Japanese Refiner Idemitsu Moves Full-Scale into LNG Business
Japan’s petroleum refiner Idemitsu Kosan has committed $500 million to LNG investment company MidOcean Energy as part of MidOcean’s equity raise of $1.2 billion, as the Japanese refining giant is looking to enter the global LNG business on a full-scale basis. Through the deal, Idemitsu Kosan looks to invest globally in LNG projects and capture business opportunities in growth sectors through strategic partnerships, the Japanese company said on Tuesday. Idemitsu expects to finalize the contract for the investment in MidOcean by the end…
Categories: Oil news
Japanese Refiner Idemitsu Moves Full-Scale into LNG Business
Japan’s petroleum refiner Idemitsu Kosan has committed $500 million to LNG investment company MidOcean Energy as part of MidOcean’s equity raise of $1.2 billion, as the Japanese refining giant is looking to enter the global LNG business on a full-scale basis. Through the deal, Idemitsu Kosan looks to invest globally in LNG projects and capture business opportunities in growth sectors through strategic partnerships, the Japanese company said on Tuesday. Idemitsu expects to finalize the contract for the investment in MidOcean by the end…
Categories: Oil news
How This Historic Oil Disruption Could Reshape the Global Energy Markets
Last week, Iran’s new supreme leader vowed to continue the country’s blockade of the Strait of Hormuz as the United States and Israel continue to wage war in the Middle Eastern nation. The closure of the Strait, through which over one-third of the world’s crude oil trade passed in 2025, is causing oil prices to skyrocket at a global scale, surging over USD $100 per barrel. The economic fallout from this development will be enormous, throwing into sharp relief how petro-dependent global markets continue to be. At the same time,…
Categories: Oil news
U.S. Eyes $1 Billion Payout to Scrap TotalEnergies Wind Projects
The Trump administration is weighing a $1 billion payout to compensate TotalEnergies for canceled offshore wind leases, reports suggest, making what would be one of the clearest financial unwindings of Biden’s clean energy policy. According to a New York Times report cited by Reuters on Tuesday, U.S. officials are drafting agreements that would see the Interior Department cancel two offshore wind leases—Attentive Energy off New York and Carolina Long Bay off North Carolina—followed by a Justice Department payment of more than…
Categories: Oil news
"¿Dónde está mi hijo?": El clamor de Carmen Navas a 14 meses de la desaparición de Víctor Hugo Quero Navas
A sus 81 años, Carmen Teresa Navas no debería estar recorriendo despachos oficiales buscando respuestas que no llegan. Sin embargo, desde el 1 de enero de 2025, su vida se detuvo. Ese día, su hijo, Víctor Hugo Quero Navas (51), fue detenido en las inmediaciones de la Vicepresidencia d...
Categories: Venezuelan news
Convoy Europeo de Solidaridad con Cuba inició viaje a La Habana
17 de marzo de 2026.- El embajador de Cuba en Italia, Jorge Luis Cepero, acudió hoy al Aeropuerto Fiumicino, de Roma, para despedir a los integrantes del Convoy Europeo de Solidaridad con su país, que partió rumbo a La Habana.
El diplomático destacó en declaraciones a reporteros en esa terminal a...
Categories: Venezuelan news
China Moves to Broker Ceasefire in Pakistan-Afghanistan Conflict
There's actually another hot war in the Middle East that has been raging, quite apart from the Iran-US-Israel war. Pakistan and Afghanistan have been engaged in a tense border conflict for weeks at this point. The Associated Press on Monday described the latest developments in the following: Afghanistan's Taliban government on Monday accused Pakistan's military of targeting a Kabul hospital that treats drug addicts in airstrikes that killed four people and wounded several others. The attack came hours after Afghan officials said the two sides exchanged…
Categories: Oil news
Fijan en Bs 80 el pasaje del Metro y Metrobús de Caracas
17 de marzo de 2026.- Un incremento de pasaje a 80 bolívares se aprobó en el Metro de Caracas y en el sistema de transporte superficial Metrobús, según se pudo constatar en un recorrido efectuado por el equipo de Últimas Noticias.
Este constituye el primer incremento del año, que equivale a 33,33...
Categories: Venezuelan news
Airlines Push Back Against EU Synthetic Green Fuel Rules
The biggest airlines in Europe are seeking weaker EU rules on synthetic sustainable aviation fuel (SAF) amid very high costs and scarce supply of the fuel on the market, sources told Reuters on Tuesday. Airlines for Europe (A4E), a trade group including IAG, the owner of British Airways, as well as Air France-KLM, Lufthansa, Ryanair, and EasyJet, is set to call for at least a delay to the planned EU rules on the share of eSAF, as the synthetic SAF is known. Synthetic fuels (or e-fuels) will play a major role in the…
Categories: Oil news

