If you think LNG is America’s energy darling, think again. Two major Gulf Coast projects—Venture Global's CP2 and Commonwealth LNG—are stuck in limbo as the U.S. Department of Energy (DOE) says its hands are tied until the Federal Energy Regulatory Commission (FERC) finishes environmental reviews. This isn’t just bureaucratic red tape; it’s a tug-of-war between energy expansion and environmental scrutiny. FERC recently yanked Venture Global’s construction go-ahead for CP2, demanding another environmental review.…

If you think LNG is America’s energy darling, think again. Two major Gulf Coast projects—Venture Global's CP2 and Commonwealth LNG—are stuck in limbo as the U.S. Department of Energy (DOE) says its hands are tied until the Federal Energy Regulatory Commission (FERC) finishes environmental reviews. This isn’t just bureaucratic red tape; it’s a tug-of-war between energy expansion and environmental scrutiny. FERC recently yanked Venture Global’s construction go-ahead for CP2, demanding another environmental review.…

10 de diciembre de 2024.- En la avenida Libertador de Caracas se movilizó una marcha en memoria de los 165 años de la batalla de Santa Inés del año 1859, en la cual las comunas y el Poder Popular de la capital venezolana se movilizaron para alzar su voz en tributo a la lucha liberadora. En dicha bat...

President-elect Donald Trump said Russia and Iran are in a "weakened state" and called on Kremlin leader Vladimir Putin to end the nearly three-year war in Ukraine. Trump made the comments in a post on Truth Social on December 8 as Syrian rebels captured Damascus, ending the half-century rule of the Russia- and Iran-backed Assad family. The incoming U.S. president said Russia and Iran couldn't come to the support of Syrian dictator Assad because they were in a "weakened state right now, one because of Ukraine and a bad economy, the other because…

The price of battery packs for electric vehicles has dropped this year by the most since 2017 as oversupply from China and cheaper lithium prices have driven the decline, the annual battery price survey by BNEF showed on Tuesday. The average price of a lithium-ion EV battery pack has declined by 20% annually to $115 per kilowatt-hour (kWh) this year, BNEF’s survey found. A price of $100 per kWh is generally considered by industry observers as the inflection point at which electric vehicles (EVs) would reach price parity with conventional…

The price of battery packs for electric vehicles has dropped this year by the most since 2017 as oversupply from China and cheaper lithium prices have driven the decline, the annual battery price survey by BNEF showed on Tuesday. The average price of a lithium-ion EV battery pack has declined by 20% annually to $115 per kilowatt-hour (kWh) this year, BNEF’s survey found. A price of $100 per kWh is generally considered by industry observers as the inflection point at which electric vehicles (EVs) would reach price parity with conventional…

10/12/24.- Este martes 10 de diciembre, Día Internacional de los Derechos Humanos, nuevamente se esperan diferentes manifestaciones ante las delegaciones diplomáticas del Ecuador en todo el mundo para exigir la libertad inmediata de Jorge Glas y se le conceda el salvoconducto para viajar a México en...

In is exceptionally difficult to imagine Saudi Arabia’s Crown Prince Mohammed bin Salman and his United Arab Emirates (UAE) counterpart Sheikh Mohammed bin Zayed al Nahyan disdaining to take an urgent telephone call from President Donald Trump, as they did from President Joe Biden at the height on the energy crisis just after Russia had invaded Ukraine in 2022. However, at its 5 December meeting, selected members of the OPEC+ oil cartel decided to delay the rollback of 2.2 million barrels per day (bpd) of oil production cuts (supposedly being…

10 de diciembre de 2024.- Los frentes Brasil Popular y Pueblo Sin Miedo convocaron a protestas para hoy en 18 estados y el Distrito Federal bajo el lema Sin amnistía para golpistas, a propósito del Día Internacional de los Derechos Humanos. Los movimientos piden además el arresto del exmandatario...

Just five states produced more than 70% of the record U.S. natural gas marketed output last year, with Texas accounting for over one-fourth, the Energy Information Administration (EIA) said on Tuesday. The U.S. produced a record-breaking 113.1 billion cubic feet per day (Bcf/d) natural gas volumes in 2023. Texas accounted for 28% of all gas production last year, followed by Pennsylvania, Louisiana, West Virginia, and New Mexico, according to the EIA’s Natural Gas Monthly publications. Pennsylvania’s share of U.S. natural gas production…

Just five states produced more than 70% of the record U.S. natural gas marketed output last year, with Texas accounting for over one-fourth, the Energy Information Administration (EIA) said on Tuesday. The U.S. produced a record-breaking 113.1 billion cubic feet per day (Bcf/d) natural gas volumes in 2023. Texas accounted for 28% of all gas production last year, followed by Pennsylvania, Louisiana, West Virginia, and New Mexico, according to the EIA’s Natural Gas Monthly publications. Pennsylvania’s share of U.S. natural gas production…

After enjoying a rare budget surplus in 2022 amid high oil prices, most Gulf Cooperation Council (GCC) economies have seen their budget deficits widen with current oil prices still well below what they require to balance their budgets.  According to the IMF, Saudi Arabia, the GCC’s biggest economy, needs an oil price of $96.20 per barrel to balance its books, more than $20 above current oil prices. The situation is not helped by the fact that over the past two years, the oil-rich nation has borne the lion’s share of OPEC+ production…

El pueblo ecuatoriano conmemoró el bicentenario de la Batalla de Ayacucho, rindiendo homenaje a Antonio José de Sucre por su papel clave en la Batalla de Pichincha, precursora de la victoria definitiva. La batalla de Pichincha marcó el fin del dominio español en la región hoy conoci...

As the EU and the UK are looking to reset their post-Brexit relationship, the European Union’s executive arm, the European Commission, has told EU member states not to give the UK greater access to the EU electricity markets, the Financial Times reports, quoting a working paper it has seen. The advice aligns with the EU’s “no cherry-picking” stance regarding trade and market relations with the UK after Britain left the bloc. But it also goes contrary to what industry in both the EU and the UK want. In the document circulated…

Este lunes la vicepresidenta Ejecutiva, Delcy Rodríguez, sostuvo un encuentro con el alcalde de la ciudad de Shenzhen, Qin Weizhong, el cual marca un paso significativo hacia la consolidación de una colaboración más profunda entre Venezuela y China, reseña nota de la Vicepresidencia. ...

El emblemático rockero venezolano Trino Mora murió a los 81 años la noche de este lunes tras perder la batalla contra el cáncer de próstata que lo aquejaba desde hace años. Así lo informó con profundo dolor su hermano, Arturo Mora, quien reveló la noticia a través de su cuenta en la red social...

Oil prices remain under pressure despite the recent developments in Syria, with oil market fundamentals countering geopolitical uncertainty.- Expectations for a weaker dollar in 2025-2026 are being gradually reconsidered as Donald Trump’s re-election and the prospect of stronger-than-expected US economic performance improved the outlook of the greenback.- Institutional investors have halved their net short dollar positions to just 2 billion in the week to December 3, the least in more than seven years, according to data aggregated by the…

El Gobierno Nacional comenzó a pagar el bono «Corresponsabilidad y Formación», dirigido a los empleados públicos pertenecientes a la nómina especial por un monto de 7.500 bolívares, equivalentes a 153,72 dólares al tipo de cambio oficial de este lunes 9 de diciembre. Est...

Oil demand in China, the world’s top crude importer, could peak as early as next year as the penetration of electric vehicles and LNG trucks is accelerating, state-owned China National Petroleum Corporation (CNPC) said on Tuesday. At this time last year, CNPC expected a peak in oil demand coming to China by 2030. Now, after a year of EVs and LNG-fueled trucks displacing some gasoline and diesel demand, respectively, the peak in China’s oil demand may occur five years earlier, in 2025, according to a report by CNPC economists carried…

El presidente brasileño, Luiz Inácio Lula da Silva, ha sido intervenido quirúrgicamente en la cabeza para extirparle un hematoma esta mañana de martes en el hospital Sirio Libanés de Sao Paulo. El mandatario está ingresado en cuidados intensivos y "se encuentra bien", afir...