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Oil and Gas Industry Anticipates Regulatory Rollbacks Under Trump
As President-elect Donald Trump outlines his priorities for the new administration – falling back on his old habit of announcing major policy initiatives and plans through social media – governments, think tanks and politicians have begun recalibrating their expectations for the next four years. His latest views on tariffs on the US’s three largest trading partners were shared on social media platform Truth Social. Policy action by the world’s most powerful nation has ramifications worldwide, and it will require other nations…
Categories: Oil news
AI and Chip Manufacturing Drive Japan's Nuclear Energy Expansion
The world continues to "warm" back up to nuclear, with the latest example coming out of Japan, where its Shimane nuclear power station in western Japan has been restarted for the first time since the 2011 Fukushima meltdown. Japan's long-delayed restart of the 820 MW No. 2 reactor at the Shimane plant, shut down since January 2012, raises the number of operational reactors to 14, with a total capacity of 13,253 MW, according to Reuters. Tohoku Electric Power also recently resumed operations of its 825 MW No. 2 reactor at the Onagawa plant, reducing…
Categories: Oil news
Zulia: detienen a estafador informático por anuncios publicitarios falsos del BDV
11 de diciembre de 2024.- Un sujeto quedó detenido por funcionarios del Cuerpo de Investigaciones Científicas, Penales y Criminalísticas del estado Zulia tras sustraer datos, a través de una plataforma, con anuncios falsos del Banco de Venezuela.
El ciberdelincuente está identificado como Marcos ...
Categories: Venezuelan news
Can Geothermal Power Solve Europe's Energy Crisis?
Back in 2020, the European Union gave the go-ahead to a project looking into the viability of extracting geothermal energy from oil wells. The idea: diversify low-carbon energy sources beyond wind and solar. Now, they are doubling down on heat from the ground. Reuters reported this week that the 27 members of the bloc had drafted a document demanding a commitment to the reduction of emissions from cooling and heating systems, and with it, a commitment to explore the potential of geothermal energy as a replacement for hydrocarbons in power generation…
Categories: Oil news
FIFA: Mundial 2030 será en España, Portugal y Marruecos
11 de diciembre de 2024.- El Mundial de fútbol 2030 será el primero en la historia que se dispute en tres continentes, luego de que el congreso de la FIFA aprobara la candidatura de España, Portugal y Marruecos.
Además, con motivo de la celebración del centenario de este torneo, cuya primera edic...
Categories: Venezuelan news
U.S. Inflation Rises, But Falling Gas Prices Bring Holiday Relief
The U.S. consumer price index (CPI) jumped 0.3% in November, the largest gain since April after increasing by 0.2% for four straight months. Most of the increase in inflation came from higher food prices as well as more expensive motel and hotel rooms. Meanwhile, rents defied their recent trend after increasing at the slowest pace since July 2021. Food prices increased 0.4% in November, up from 0.2% in October while grocery store food prices surged 0.5%, with the cost of eggs soaring 8.2% amid an avian flu outbreak. However, prices of cereals and…
Categories: Oil news
U.S. Inflation Rises, But Falling Gas Prices Bring Holiday Relief
The U.S. consumer price index (CPI) jumped 0.3% in November, the largest gain since April after increasing by 0.2% for four straight months. Most of the increase in inflation came from higher food prices as well as more expensive motel and hotel rooms. Meanwhile, rents defied their recent trend after increasing at the slowest pace since July 2021. Food prices increased 0.4% in November, up from 0.2% in October while grocery store food prices surged 0.5%, with the cost of eggs soaring 8.2% amid an avian flu outbreak. However, prices of cereals and…
Categories: Oil news
México: descubren por accidente una pirámide que permaneció oculta durante 14.000 años
11 de diciembre de 2024.- Un grupo de investigadores descubrió una pirámide durante las obras de ampliación de la ruta federal 105, dentro del municipio de San Agustín Metzquititlán, en Hidalgo, México.
Este hallazgo fue confirmado por el Instituto Nacional de Antropología e Historia (INAH) y ofr...
Categories: Venezuelan news
Trump's "America First" Agenda Threatens Global Trade Stability
President-elect Donald Trump’s plan to hit imports from China, Canada and Mexico with tariffs could deal a blow to companies across North America and trigger negative consequences for the global supply chain, according to experts. Trump said that on his first day back in office on Jan. 20, he will impose 25% tariffs on goods from Mexico and Canada. The tariffs are aimed at pressuring those countries to stop drugs and illegal migrants from crossing into the U.S., Trump posted on Truth Social on Nov. 25. He has also said he’ll impose…
Categories: Oil news
Efemérides del 11 de diciembre: Día del Juez en Venezuela (el de la Justicia es otro) - Día del Locutor, y del Tango
Es 11 de diciembre, mes 12 del 2024. Es el día úmero 346 del año (bisiesto) y faltan 20 días para su terminación, pues tiene 366 días. Hoy es miércoles.
Los años bisiestos se presentan cada cuatro años en los que se añade un día más a febrero (29 F) y el año es de 366 días.
Categories: Venezuelan news
Mueren alrededor de 100 personas en ataque aéreo en Sudán
11 de diciembre de 2024.- Desde el inicio del conflicto armado Kabkabiya ha sido escenario de combates significativos, lo que ha contribuido a una crisis humanitaria en la zona.
Un ataque en Sudán, atribuido al Ejército, y perpetrado contra un mercado en la localidad de Kabkabiya, en Darfur Norte...
Categories: Venezuelan news
Assad's Downfall Sends Ripples Through Beijing
The full effects from the swift collapse of Bashar al-Assad's regime in Syria is still playing out on the ground, but his sudden fall is set to shake up the Middle East and beyond. Here's what it means for China. Finding Perspective: China has been aligned with Assad since Syria's civil war began in 2011 but largely through its close ties to Russia and Iran, which backed the Syrian leader. At the United Nations, Beijing has often voted with Moscow, blocking condemnations of Assad as well as cross-border aid. Beijing supported the Assad regime with…
Categories: Oil news
Asegura mandatario húngaro fin del actual orden mundial
11 de diciembre de 2024.- El primer ministro húngaro, Viktor Orban, aseguró hoy que todos deben prepararse para un nuevo orden mundial, pues ha llegado el fin del reinante actualmente.
Durante una entrevista a la radio Kossuth, el político afirmó que no son los mejores tiempos para los liberales,...
Categories: Venezuelan news
Exxon to Increase Oil Production by 18% By 2030
U.S. oil and gas giant Exxon Mobil Corp. (NYSE:XOM) has unveiled plans to increase spending to $28-$33 billion annually with a goal of lifting oil and gas output by 18% by 2030. Exxon has set a target to increase overall oil and gas output to 5.4 million bpd by 2030, up about 18% from 4.58 million bpd currently. According to Exxon CEO Darren Woods, the increased project spending is expected "to generate returns of more than 30% over the life of the investments." Woods says that Exxon is focusing on growing production from low-cost fields…
Categories: Oil news
Exxon to Increase Oil Production by 18% By 2030
U.S. oil and gas giant Exxon Mobil Corp. (NYSE:XOM) has unveiled plans to increase spending to $28-$33 billion annually with a goal of lifting oil and gas output by 18% by 2030. Exxon has set a target to increase overall oil and gas output to 5.4 million bpd by 2030, up about 18% from 4.58 million bpd currently. According to Exxon CEO Darren Woods, the increased project spending is expected "to generate returns of more than 30% over the life of the investments." Woods says that Exxon is focusing on growing production from low-cost fields…
Categories: Oil news
Científicos venezolanos crean aleación metálica para uso aeroespacial
11 de diciembre de 2024.- La vicepresidenta sectorial para Ciencia, Tecnología y Salud, Gabriela Jiménez Ramírez, abordó el pasado martes un estudio realizado por investigadores venezolanos sobre el comportamiento de la aleación de aluminio en condiciones de microgravedad; investigación que citó dur...
Categories: Venezuelan news
Opep prorroga por tres años el mandato de su secretario general
11 de diciembre de 2024.- Los países miembros de la Organización de Países Exportadores de Petróleo (OPEP) acordaron renovar por tres años el mandato del secretario general, Haitham Al Ghais, a partir del 1 de agosto de 2025.
Así lo informó la ministra de Petróleo, Delcy Rodríguez, en su cuenta T...
Categories: Venezuelan news
OPEC’s Oil Production Rose in November as Libyan Output Jumped
Crude oil production from all OPEC members rose by 104,000 barrels per day (bpd) in November compared to October, the organization’s Monthly Oil Market Report (MOMR) showed on Wednesday. Total OPEC-12 crude oil production averaged 26.66 million bpd last month, as output in Libya, Iran, and Nigeria increased, according to OPEC’s secondary sources used to track supply to the market. Of the three countries where production rose the most in November from the previous month, two – Libya and Iran – are exempted from the OPEC+…
Categories: Oil news
OPEC Cuts Oil Demand Projections A 5th Straight Month
OPEC has cut oil demand growth forecasts for 2024 and 2025 for a fifth straight month, with the latest cut so far the deepest. OPEC has cut 2024 demand growth by 210,000 barrels a day to 1.6 million barrels a day, 27% below its first estimate made in July, Bloomberg reported. The OPEC secretariat said the revision takes “into account recently received bearish data” for the third quarter,” including “downward revisions to OECD Americas and OECD Asia Pacific.” Different energy agencies have been issuing varying…
Categories: Oil news
OPEC Cuts Oil Demand Projections A 5th Straight Month
OPEC has cut oil demand growth forecasts for 2024 and 2025 for a fifth straight month, with the latest cut so far the deepest. OPEC has cut 2024 demand growth by 210,000 barrels a day to 1.6 million barrels a day, 27% below its first estimate made in July, Bloomberg reported. The OPEC secretariat said the revision takes “into account recently received bearish data” for the third quarter,” including “downward revisions to OECD Americas and OECD Asia Pacific.” Different energy agencies have been issuing varying…
Categories: Oil news