Canada’s oil-producing province of Alberta is fighting the federal government on the plan to cap emissions from oil and gas production, which Alberta and the industry see essentially as a cap on output. Early this month, Canada’s federal government unveiled its draft regulations to drive significant emissions cuts at one of the most polluting sectors of the economy. However, the oil and gas sector is of huge importance to Alberta and its economy, as well as to Canada’s economy, exports of goods, and economic growth. Emission Cap…

The total number of active drilling rigs for oil and gas in the United States fell again this week, according to new data that Baker Hughes published on Wednesday, after falling in the week prior. The total rig count fell by a single rig for the third week in a row, landing at 582 total rigs, according to Baker Hughes, 43 years fewer than a year ago.  The number of oil rigs fell by two this week to 477—down by 28 rigs compared to this time last year. The number of gas rigs rose by one rig, landing at 100, but down 16 rigs this year.…

The share of electricity in China generated from coal dipped below 60% of the total for the first time since the start of the year. Some have seen this as a win for the country’s transition efforts. Alas, it is a temporary one. China’s share of coal power generation in the total mix stood at 58.7% over the first ten months of the year, Reuters’ Gavin Maguire reported this week. This is down from 61.6% for the same period of 2023 and 61.8% for the first ten months of 2022. This may seem like a small but significant victory for…

28 de noviembre de 2024.- El ministro de Comunas y Movimientos Sociales, Ángel Prado , informó que el proceso de postulación para los aspirantes a jueces y juezas de paz, se extiende hasta el viernes 29 de noviembre a las 6 de la tarde. Tal señalamiento lo hizo en entrevista telefónica concedida a V...

As Israel hastens its attacks on Iranian proxies in Syria, amid the fragile ceasefire with Hezbollah in Lebanon, Syrian rebels in the north are resurging to ride these tailwinds with a significant offensive on government-controlled areas. The rebel offensive, launched on Wednesday, was reported to have captured a Syrian military base and around 40 towns and villages controlled by the pro-Iranian Assad government. The offensive represents a unification of anti-government rebel forces in Syria, combined with a deadly Israeli attack, and poses a significant…

As Israel hastens its attacks on Iranian proxies in Syria, amid the fragile ceasefire with Hezbollah in Lebanon, Syrian rebels in the north are resurging to ride these tailwinds with a significant offensive on government-controlled areas. The rebel offensive, launched on Wednesday, was reported to have captured a Syrian military base and around 40 towns and villages controlled by the pro-Iranian Assad government. The offensive represents a unification of anti-government rebel forces in Syria, combined with a deadly Israeli attack, and poses a significant…

China and Russia have agreed to cooperate more deeply in developing Arctic shipping routes amid deteriorating conditions between both countries and the West. The two countries will jointly develop the Northern Sea Route – which spans 5,600km (3,500 miles) from the Barents Sea near Scandinavia, Chinese media have reported.  Last month, two Chinese heavy-lift vessels key to commissioning the second train arrived off the coast of the sanctioned Russian Arctic LNG 2 project after a five-week journey through challenging early winter sea ice,…

Es 28 de noviembre, mes 11 del 2024. Es el día número 333 del año (bisiesto) y faltan 33 días para su terminación, pues tiene 366 días. Hoy es jueves. 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....

Ocean Leonid Investments Ltd, a hedge fund linked to secretive Iranian oil trader Hossein Shamkhani, has informed its London employees that it will go into liquidation, Bloomberg has reported.  The development comes just months after the UK government cracked down on the oil-trading kingpin’s empire, known for moving Iranian and Russian crude around the world. Previously,  Bloomberg reported that Companies House, the UK corporate register, issued notice that London-based Nest Wise Trading Ltd. is to be dissolved within months due…

El 28 de noviembre de 2008 nos enterábamos del asesinato de tres dirigentes obreros de Aragua (Venezuela), ocurrido a últimos momentos del día 27: se produce la Masacre de La Encrucijada en la que mueren los sindicalistas Richard Gallardo, Luís Hernández y Carlos Requena. Ayer 27 de noviembre,...

28 de noviembre de 2024.- Con un trino, el presidente Gustavo Petro reaccionó a la información de prensa que indica que alrededor de 300 militares colombianos en retiro habrían sido llevados bajo engaños a pelear en la guerra civil sudanesa. En esa línea, el mandatario habló en contra del la práctic...

Germany’s Federal Constitutional Court has backed the country’s energy windfall tax and rejected a suit targeting a levy introduced two years ago, Bloomberg has reported, with the suit filed by 22 power producers who argued the levy was unconstitutional. “In this exceptional situation, the redistribution of the so-called surplus revenues achieved creates an appropriate balance between the favored electricity producers and the burdened electricity consumers,” the court has ruled. Two years ago, shortly after oil and gas prices…

28 de noviembre de 2024.- La vicepresidenta de la República, Delcy Rodríguez, informó que hasta la fecha hay 11 detenidos por el sabotaje al gasoducto Muscar, ubicado en el estado Monagas, lo que provocó una explosión y causó daños severos a la infraestructura que además afectó el servicio de gas y ...

Contrary to expectations for a self-defeating flood of new energy production under the second Trump admin, Exxon’s Upstream President Liam Mallon said that oil and gas producers in the US will not raise output significantly in the coming years despite calls from President-Elect Donald Trump to “drill, baby, drill." “I think a radical change is unlikely because the vast majority, if not everybody, is primarily focused on the economics of what they’re doing,” Mallon said on Tuesday at a conference…

28 de noviembre de 2024.- El 8 de noviembre, se dio a conocer que el nuevo enfoque establece que los funcionarios públicos contratados solo podrán invocar este derecho después de cinco años de servicio. Este jueves, la Agrupación Nacional de Empleados Fiscales (ANEF), junto a la Central Unitaria ...

BP Plc’s (NYSE:BP) subsidiary BP Trinidad and Tobago (“BPTT”) signed a production-sharing agreement with Trinidad last week for the giant Cypre subsea gas development, and is now targeting first gas in 2025, Zacks reports.  Cypre is BPTT’s third subsea development in the region and is poised to significantly enhance the country’s natural gas production capacity. Trinidad and Tobago’s natural gas production has been declining, making the Cypre project critical for the twin island country. Average production…

China is doing the unthinkable and dethroning once dominant Japanese automakers, who are struggling to compete in China. China is the world's largest car market and domestic brands are dominating with a surge of electric vehicles. Chinese companies are also expanding into Southeast Asia, challenging the long-standing dominance of brands like Toyota, Honda, and Mitsubishi, according to w new report by Bloomberg. Between 2019 and 2024, Japanese automakers experienced the steepest market share declines in China, Singapore, Thailand, Malaysia,…

28 de noviembre de 2024.- «No existe ni una sola posibilidad que Edmundo González venga a Venezuela, ni una», así lo expresó el primer vicepresidente del Partido Socialista Unido de Venezuela (PSUV), Diosdado Cabello, durante su programa Con el Mazo Dando, que transmite Venezolana de Televisión, en ...

Shares of the 11 companies that operate under giant Indian industrial conglomerate Adani Group, soared on Wednesday, a week after Gautam Adani, founder and chairman of Adani, and other executives were indicted in New York for their alleged roles in a multi-million-dollar bribery and fraud scheme.  Leading the rally was Adani Total Gas, which surged 15.7%, Adani Energy Solutions and Adani Green Energy zoomed 10%, Adani Power jumped 7.0%, and Adani Enterprises climbed 1.7%per cent on the BSE. The shares were traded on heavy volume, with Adani…

Shares of the 11 companies that operate under giant Indian industrial conglomerate Adani Group, soared on Wednesday, a week after Gautam Adani, founder and chairman of Adani, and other executives were indicted in New York for their alleged roles in a multi-million-dollar bribery and fraud scheme.  Leading the rally was Adani Total Gas, which surged 15.7%, Adani Energy Solutions and Adani Green Energy zoomed 10%, Adani Power jumped 7.0%, and Adani Enterprises climbed 1.7%per cent on the BSE. The shares were traded on heavy volume, with Adani…