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IMPSA: Reactivación de 672 megavatios en Macagua y Tocoma generará más de 1.000 empleos
IMPSA, la empresa de ingeniería estadounidense-argentina, lanzó un importante programa de rehabilitación y modernización de las centrales hidroeléctricas Macagua y...
Categories: Venezuelan news
Trump Considers Lifting Sanctions on Putin’s ‘Slush Fund’
Four days after Russia launched its all-out effort to subjugate Ukraine, the US government and other Western allies fired a broadside of financial sanctions aimed at punishing the Kremlin’s wallet for the assault. The Russian Central Bank was prominent. So was a multibillion-dollar sovereign wealth fund that the Kremlin calls the Russian Direct Investment Fund, or RDIF. The U.S. Treasury called it “a slush fund for President Vladimir Putin [that] is emblematic of Russia’s broader kleptocracy.” After months of dormancy,…
Categories: Oil news
Japan to Tap $7 Billion from Government Fund to Subsidize Gasoline Prices
Japan’s government on Friday decided to tap $7 billion from its contingency reserves to keep subsidies for gasoline and other fuels, even as it plans to gradually scale back the support from December. The Japanese government decided today to allocate about $7 billion (1.1 trillion Japanese yen) from the reserve funds to continue capping retail gasoline prices amid soaring oil and fuel import costs, Japanese media reported. Introduced in March, soon after the war in the Middle East began, the subsidy program has kept the average national gasoline…
Categories: Oil news

