Oil markets got a jolt this week after an explosion and fire tore through part of Türkiye’s largest refinery, the Tupras Izmit complex, forcing evacuations and an emergency response. The blast reportedly hit a gasoline storage tank and spread quickly, sending flames across part of the facility. Officials have not yet said what caused the incident or how much damage was done, though workers were evacuated and no immediate injuries were reported. The global oil market is already dealing with tighter trade routes, shifting product flows,…

As Americans brave a brutal cold snap, households are facing higher heating bills this summer.  According to a report released last week by the National Energy Assistance Directors Association (NEADA), heating prices are expected to rise by 9.2% in the 2025-2026 winter vs. one year ago. According to the NEADA analysis, electricity costs are expected to rise $12.2%, or $133 this winter, while gas prices are projected to rise 8.4% or $54. Heating oil costs are expected to remain flat, while propane should be down 1.4%,…

After the Henry Hub natural gas price for February doubled, oil-and-gas producers aggressively locked in hedges. Cold weather caused the largest one-week rally since at least 1990. Oil and gas producers leaned into the historic rally in Nymex Henry Hub prices driven by Winter Storm Fern. The storm brought sub-freezing temperatures across much of the Lower 48, tightening balances and sending natural gas prices sharply higher in a ten-day period from January 19 to January 28. AEGIS client hedging activity for natural gas reached the most active levels…

Washington is starting to ask the quiet part out loud: who, exactly, is making money off Venezuela’s oil? This week, U.S. Representative Robert Garcia, the top Democrat on a House investigative committee, sent letters to Vitol and Trafigura demanding records of any communications they’ve had with the Trump administration since January of last year. The timing is not subtle. U.S. forces captured Venezuela’s longtime strongman Nicolás Maduro earlier this month, and Washington has since taken control of Venezuelan oil sales…

CARACAS/ENERO 29.-  ...

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The upstream sector is set to carry strong momentum into 2026, with high-impact wildcat drilling activity expected to remain elevated following a solid 2025. Last year, the success rate for high-impact wildcat wells rose to 38% from 23% in 2024, while total discovered volumes increased by 53% year on year to around 2.3 billion barrels of oil equivalent (boe), according to Rystad Energy’s research and analysis. Wells are designated as high-impact based on a variety of factors: the size of the potential resources, whether they could open new…

The finances of Latin America’s fourth-largest economy, Colombia, are in total disarray. Nearly four years of fiscal mismanagement by Colombia’s first elected leftist leader, President Gustavo Petro, sparked fears of a financial crisis engulfing the strife-torn Andean nation. A combination of dwindling tax revenue and excessive spending is rapidly depleting Bogota’s coffers. Even Petro’s tax hikes, which took on a worrying sense of regularity, did little to salvage government finances while sharply impacting economically…

CI.- Diversas organizaciones nacionales e internacionales propusieron al Estado colombiano la creación de una mesa amplia cuya función sea trazar una hoja de ruta para esclarecer los hechos relacionados con la muerte, la desaparición forzada y la posterior reaparición de los restos del revol...

Gold prices surged sharply on Thursday morning as energy markets jolted higher following fresh Iran-related rhetoric from U.S. President Donald Trump, briefly sending oil prices up by as much as 5% intraday and reigniting demand for hard-asset hedges. The move in gold came as Brent crude punched back above the $70 a barrel level earlier in the session, after Trump warned that military action against Iran remained on the table if tensions escalate further.  The remarks brought geopolitical risk back into oil markets that had recently been driven…

El nombre de Armando Fernández Larios fue incluido en el portal "Arrested: Worst of the Worst" (Arrestado: lo peor de lo peor) del Departamento de Seguridad Nacional (DHS), una plataforma que desglosa, por países, detenciones destacadas realizadas por el ICE. Imagen tomada de https://www.dhs.g...

Aunque mantiene el respaldo del presidente Donald Trump, la secretaria de Seguridad Nacional de Estados Unidos, Kristi Noem, enfrenta una creciente presión política tras una serie de hechos vinculados al accionar de fuerzas federales durante la represión contra inmigrantes en Minnesota &mdas...

Durante la sesión mensual del Órgano de Resolución de Diferencias de la Organización Mundial del Comercio (OMC), la delegación de Venezuela presentó una denuncia contra el Gobierno de Estados Unidos, acusándolo de utilizar su supuesta estrategia de seguridad para fragmentar el comercio globa...

China’s secret weapon in the global race to lead AI innovation is its enormous electricity resources. While China quietly plugs away at ramping up its development and integration of large language models, Western countries are facing increasing energy security tradeoffs to keep data centers running. The increased energy demand and grid capacity required to run AI’s ever-expanding computational load are putting enormous strain on power grids in Western countries. Power grids were already in a precarious position in the United States…

Nos acompaña el reconocido historiador Alfred McCoy para analizar las amenazas del presidente Trump contra Irán, Venezuela, México, Groenlandia y otros países. McCoy señala que Estados Unidos es "un imperio en declive" que, a medida que pierde poder e influencia en el escenario mundi...

Stronger refining margins and higher throughput volumes helped U.S. refining giant Valero Energy Corporation (NYSE: VLO) beat analyst estimates of fourth-quarter earnings. Valero on Thursday kicked off the earnings season for the U.S. refiners by reporting an adjusted net income attributable to Valero stockholders of $1.2 billion, or $3.82 per share, for the fourth quarter. This easily beat the analyst consensus estimate of $3.27 earnings per share in The Wall Street Journal. Strong refining margins boosted the net income, as the refining margin…

India’s largest private refiner, Reliance Industries, will import about 150,000 barrels per day (bpd) of non-sanctioned Russian crude from February, as it limits intake from Russia and complies with the U.S. sanctions, a source with knowledge of the procurement plans told Bloomberg on Thursday.   Before the U.S. sanctions on Russia’s top producers Rosneft and Lukoil, Reliance Industries of Indian billionaire Mukesh Ambani was the biggest buyer of Russian crude oil, importing more than 500,000 bpd thanks to a long-term deal…

India’s largest private refiner, Reliance Industries, will import about 150,000 barrels per day (bpd) of non-sanctioned Russian crude from February, as it limits intake from Russia and complies with the U.S. sanctions, a source with knowledge of the procurement plans told Bloomberg on Thursday.   Before the U.S. sanctions on Russia’s top producers Rosneft and Lukoil, Reliance Industries of Indian billionaire Mukesh Ambani was the biggest buyer of Russian crude oil, importing more than 500,000 bpd thanks to a long-term deal…

La importancia de establecer relaciones bilaterales sinceras y productivas, fue abordada por el ministro del Poder Popular para Relaciones Exteriores, Yván Gil, y el embajador de Noruega en Venezuela, Nils Martin Gunneng, durante una reunión sostenida en la Casa Amarilla Antonio José de Sucre,...

Jueves, 29 de enero de 2026.- Rechazo a la agresión y a la ofensiva imperialista. No a la colaboración neocolonialista del gobierno con Trump. Ofrecemos a aporreadores y aporreadoras la serie completa de las intervenciones secuenciales de los miembros pertenec...