The total number of active drilling rigs for oil and gas in the United States stayed the same again this week, according to new data that Baker Hughes published on Friday, after seeing no change in the week prior. The total rig count remained flat at 589 total rigs, according to Baker Hughes, down 31 from this same time last year. The number of oil rigs rose by 1 to 483—down by 15 compared to this time last year. The number of gas rigs fell by one rig, landing at 102, a loss of 18 active gas rigs from this time last year. Miscellaneous rigs…

20 de diciembre de 2024.- El fiscal general de la República, Tarek William Saab, informó este viernes que el opositor Fernando Martínez Mottola, quien se encontraba residenciado en la Embajada de Argentina en Venezuela, acudió de manera voluntaria el jueves 19 de diciembre a la sede principal del Mi...

20 de diciembre de 2024.- Los científicos fijaron la nueva posición del polo norte magnético de la Tierra, actualizando el Modelo Magnético Mundial. El nuevo modelo es mucho más preciso, lo que será útil para la navegación. Al mismo tiempo, a los científicos les preocupa que el polo norte magnético ...

It’s happened again. The Druzhba pipeline—Russia’s aging oil lifeline to Europe—has gone silent, leaving Hungary, Slovakia, and the Czech Republic without their usual crude oil fix. According to sources, the culprit is a “technical issue” at a Russian pumping station in the Bryansk region. Transneft, the pipeline’s operator, has yet to speak on the issue, but Belarus has confirmed the disruption, saying its refineries are dipping into reserves to keep running. This pipeline, capable of carrying 2 million…

20 de diciembre de 2024.- Más de 55 mil personas tuvieron distintas afectaciones debido a las inundaciones del lago Alberto en la provincia de Ituri, en República Democrática del Congo (RDC), informó hoy el Servicio provincial de Protección Civil. Entre agosto y noviembre de 2024 cientos de casas...

The European Union is prepared to discuss with U.S. President-elect Trump boosting economic ties, including in the energy sector, an EU spokesperson told Reuters on Friday, hours after Trump threatened to impose “tariffs all the way” on the bloc if it doesn’t buy large volumes of American oil and gas. The EU is ready to discuss common interests in the energy sector with the U.S. as Europe is looking to phase out imports of Russian energy and diversify its sources of supply, the EU spokesperson told Reuters. Earlier on Friday,…

A través de la cuenta Telegram"Canal Patria Digital" se informó que comenzó la adjudicación del "Bono Contra La Guerra Económica" (noviembre 2024) dirigido a los pensionados del IVSS.

The annual average natural gas demand at U.S. LNG export plants is on track to inch down this year for the first decline since America began exporting LNG in 2016, according to data from LSEG cited by Reuters. Outages at some LNG facilities and delays to the construction of new plants are likely to slightly reduce feedgas to the eight large LNG export plants this year compared to 2023. Feedgas volumes have now eased to an average of 13.0 billion cubic feet per day (bcfd) as of December 20, down from an average of 13.1 bcfd last year, per the LSEG…

20 de diciembre de 2024.- Nos adentramos en el "Discurso sobre el libre cambio" (1848) en el que Marx examina las políticas de libre comercio y cómo éstas afectan a la clase trabajadora. Xabier Arrizabalo guía la conversa en este programa de Escuela de Cuadros. Puedes ver ...

Turkey has obtained a waiver from the United States to pay for natural gas to Russia via the now-sanctioned Russian Gazprombank, Turkish Energy Minister Alparslan Bayraktar told Reuters on Friday. In November, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Gazprombank in what the Treasury said was “another major step in implementing commitments made by G7 leaders to curtail Russia’s use of the international financial system to further its war against Ukraine.” The latest…

Turkey has obtained a waiver from the United States to pay for natural gas to Russia via the now-sanctioned Russian Gazprombank, Turkish Energy Minister Alparslan Bayraktar told Reuters on Friday. In November, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Gazprombank in what the Treasury said was “another major step in implementing commitments made by G7 leaders to curtail Russia’s use of the international financial system to further its war against Ukraine.” The latest…

El presidente de Venezuela, Nicolás Maduro, denunció este jueves que la Organización no Gubernamental (ONG) Provea tiene vínculos con la Agencia Central de Inteligencia (CIA) de Estados Unidos (EE.UU.) y precisó que forma parte de la extrema derecha venezolana que, junto a sus aliados estadoun...

El opositor Fernando Martínez Mottola abandonó la embajada de Argentina en Venezuela y se presentó ante la Fiscalía General de la República después de nueve meses de refugio en la sede diplomática. La información fue difundida por medios locales venezolanos quienes tuvieron acceso a...

La petrolera estatal venezolana PDVSA y la india Reliance Industries reanudaron el intercambio de crudo en alta mar, cuyo acuerdo había sido suspendido por las sanciones impuestas por Estados Unidos. Esta reanudación, autorizada por una licencia estadounidense en julio, supone un ca...

Iran’s oil is increasingly finding its way into floating storage offshore Southeast Asia instead of at customers as a recent raft of U.S. sanctions on tankers shipping Iranian oil has made Chinese buyers more careful. The volumes of Iranian oil stored on tankers at sea, predominantly offshore Malaysia’s eastern coasts, have swelled to their highest levels since the end of July, per data from Kpler cited by Bloomberg. As of December 15, a total of 16.82 million barrels of Iranian oil were sitting on tankers at sea without going anywhere.…

Iran’s oil is increasingly finding its way into floating storage offshore Southeast Asia instead of at customers as a recent raft of U.S. sanctions on tankers shipping Iranian oil has made Chinese buyers more careful. The volumes of Iranian oil stored on tankers at sea, predominantly offshore Malaysia’s eastern coasts, have swelled to their highest levels since the end of July, per data from Kpler cited by Bloomberg. As of December 15, a total of 16.82 million barrels of Iranian oil were sitting on tankers at sea without going anywhere.…

Wary of Worsening Export Economics, Chinese Refiners Flushes Out Stocks - Chinese companies maximized their exports of oil products in November, ahead of an increase in government levies after Beijing reduced the country’s VAT rebate for product exports from 13% to 9%.    - The combined exports of gasoline, diesel, and jet fuel accounted for 920,000 b/d last month, according to Chinese GAC statistics, a whopping 28% month-on-month increase as oil companies flushed out their stocks. - Slashing the tax rebate would result in…

Light crude oil futures are facing bearish sentiment, largely driven by concerns over global economic growth and oil demand. Weak consumer spending data from China, the world’s largest oil importer, has cast doubt on the resilience of its economic recovery. Despite signs of improvement in industrial production, the broader outlook for Chinese demand remains subdued, as Beijing struggles to implement effective stimulus measures. Energy transition policies in China are also expected to cap long-term petroleum consumption, further dampening…

Politics, Geopolitics & Conflict Venezuela’s PDVSA and India’s Reliance Industries have resumed a cautious oil-for-naphtha swap arrangement paused under U.S. sanctions, signaling a recalibration of geopolitical oil strategies. With a U.S. license in hand since July, the swap delivered 1.9M barrels of Merey crude to India and 500,000 barrels of naphtha to Venezuela, reflecting mutual economic necessity as Venezuela leverages barter deals to sustain its oil sector while India cautiously tests the limits of U.S. tolerance. The market…

Turkey has mediated a deal between Ethiopia and Somalia to grant the former access to the Red Sea and the Indian Ocean, ending a year-long dispute that threatened to spark a regional conflict. But the new deal voids an earlier deal with Somalia’s breakaway region of Somaliland, which would have given Ethiopia a naval base in Somaliland in return for recognition of independence.  The Turkish deal, dubbed the “Ankara Declaration” would give Ethiopia alternative access to the Red Sea, without undermining Somalia’s sovereignty…