One of the biggest hydropower plants in South America is ramping up electricity generation as the historic drought in the Amazon in September and October has eased and the rainy season has begun. The Santo Antonio hydropower plant on the Madeira River in the Amazon has even managed to generate some electricity during the drought this year after lessons learned from last year’s drought, the plant’s president Caio Pompeu Neto has told Reuters. Santo Antonio, operated by Latin America’s biggest power utility Eletrobras, has created…

One of the biggest hydropower plants in South America is ramping up electricity generation as the historic drought in the Amazon in September and October has eased and the rainy season has begun. The Santo Antonio hydropower plant on the Madeira River in the Amazon has even managed to generate some electricity during the drought this year after lessons learned from last year’s drought, the plant’s president Caio Pompeu Neto has told Reuters. Santo Antonio, operated by Latin America’s biggest power utility Eletrobras, has created…

One of the biggest hydropower plants in South America is ramping up electricity generation as the historic drought in the Amazon in September and October has eased and the rainy season has begun. The Santo Antonio hydropower plant on the Madeira River in the Amazon has even managed to generate some electricity during the drought this year after lessons learned from last year’s drought, the plant’s president Caio Pompeu Neto has told Reuters. Santo Antonio, operated by Latin America’s biggest power utility Eletrobras, has created…

3 de diciembre de 2024.- El presupuesto de la nación para el año 2025 es un instrumento de planificación creado para consolidar la recuperación productiva del país y para fortalecer el sistema de protección social creado por el comandante Chávez, aseguró el presidente de la comisión permanente de ec...

President Vladimir Putin has approved a new, multiyear budget that sets defense spending for next year at record-high levels, signaling no let-up in Russia's determination to defeat Ukraine. The approved budget, which was published on the government’s main website on December 1, calls for 35.5 percent of all spending to be allocated for national defense in 2025. That’s up from a reported 28.3 precent this year.The spending plan had been approved by both houses of Russia’s parliament over the previous 10 days. At 13.5 trillion…

The UK’s National Energy System Operator (ESO) took the industry on a brief rollercoaster today, issuing and then swiftly canceling an electricity capacity margin notice within hours. The ESO initially raised concerns about power availability and warned consumers that the grid was nearing its margin with an expected capacity of 47,166 MW against a transmission demand of 46,717 MW. The notice, active for less than a workday, was rescinded by evening, restoring a semblance of calm. At least for now. Capacity margin notices, while not uncommon,…

The UK’s National Energy System Operator (ESO) took the industry on a brief rollercoaster today, issuing and then swiftly canceling an electricity capacity margin notice within hours. The ESO initially raised concerns about power availability and warned consumers that the grid was nearing its margin with an expected capacity of 47,166 MW against a transmission demand of 46,717 MW. The notice, active for less than a workday, was rescinded by evening, restoring a semblance of calm. At least for now. Capacity margin notices, while not uncommon,…

3 de diciembre de 2024.- El presidente de Corea del Sur, Yoon Suk-yeol, ha declarado la ley marcial durante un discurso de emergencia pronunciado este martes desde la Oficina Presidencial de Yongsan, ubicada en Seúl, informa la agencia Yonhap. Una ley marcial es un estado de excepción de la aplic...

None of the three dozen sales of oil wells proposed in California this year has materialized due to the considerable clean-up costs for the wells estimated by the state’s oil and gas regulator. Last year, California sought to prevent a rise in the already high number of so-called orphan oil wells. The state also looked to keep from passing off to taxpayers the liability for plugging and abandoning oil wells should operators not have sufficient funds to plug and decommission non-producing or marginal wells and clean up the sites. That’s…

Canada’s pipeline giant Enbridge Inc. expects its core profit to be higher in 2025 compared to 2024 levels, thanks to the expected strong utilization of its assets and the contribution of recently acquired U.S. natural gas assets. Enbridge on Tuesday announced its first guidance for the core profit – or adjusted earnings before interest, income taxes, and depreciation (EBITDA) – for 2025. The guidance of adjusted EBITDA of US$13.8 billion to US$14.2 billion (C$19.4 billion to C$20.0 billion) is 17% higher than the original guidance…

Canada’s pipeline giant Enbridge Inc. expects its core profit to be higher in 2025 compared to 2024 levels, thanks to the expected strong utilization of its assets and the contribution of recently acquired U.S. natural gas assets. Enbridge on Tuesday announced its first guidance for the core profit – or adjusted earnings before interest, income taxes, and depreciation (EBITDA) – for 2025. The guidance of adjusted EBITDA of US$13.8 billion to US$14.2 billion (C$19.4 billion to C$20.0 billion) is 17% higher than the original guidance…

3 de diciembre de 2024.- El Servicio Administrativo de Identificación, Migración y Extranjería (Saime) informó el lunes sobre la apertura de una oficina para la emisión de pasaportes ordinarios con habilitación en el Centro Simón Bolívar en Caracas. De acuerdo con la información compartida en sus...

La medida establece que cualquier individuo que transfiera o proporcione artículos relevantes de doble uso originarios de China a Estados Unidos será responsable de conformidad con la ley. El Ministerio de Comercio de China anunció este martes el fortalecimiento del control de las e...

Oil prices were moving higher early on Tuesday morning ahead of the latest OPEC+ meeting as members of the group aligned behind plans to extend production cuts into 2025.- US President-elect Donald Trump threatened to slap a 100% tariff on BRICS if the respective countries decide to create a new currency alternative to the dollar, promising to block them from the ’wonderful US economy’.- China has already been trading Iranian crude in Chinese yuan, whilst Brazil’s President Lula da Silva proposed creating a common currency in…

The European Commission on Tuesday said it is earmarking $4.83 billion (4.6 billion euros) in funds to support net-zero technologies, including electric vehicle battery cell manufacturing. The new Commission, which took office on December 1 for a five-year term until 2029, is now launching two new calls for proposals with a budget of $3.6 billion (3.4 billion euros) to accelerate the deployment of innovative decarbonization technologies in Europe, including electric vehicle batteries. The Commission also plans $1.26 billion (1.2 billion euros)…

El diputado a la Asamblea Nacional (AN) y presidente del Grupo de Amistad Parlamentario Venezuela-Colombia, Julio Chávez, destacó que durante el encuentro de la Comisión Accidental de Seguimiento y Restablecimiento de las Relaciones Diplomáticas y Comerciales de Venezuela y Colombia, realizada...

Es 3 de diciembre, mes 12 del 2024. Es el día número 338 del año (bisiesto) y faltan 28 días para su terminación, pues tiene 366 días. Hoy es martes. 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. ...

NATO's new secretary-general is trying to talk tough ahead of Donald Trump taking office. Surely he knows Brussels is in for a rough ride, given that during the first Trump administration the president (rightly) ripped NATO member states for not paying their fair share in defense spending, while relying on Washington to shoulder the burden. Mark Rutte has warned Trump in a Financial Times interview that if Ukraine is pressured into a 'bad' peace deal that is favorable to Moscow, then the United States and Europe would face a "dire threat" from…

Russia’s crude oil shipments jumped by 570,000 barrels per day (bpd) last week, to 3.36 million bpd, just ahead of the OPEC+ meeting which will discuss on Thursday the group’s production plans for early next year. More vessels loading from Russia’s western ports drove the surge in seaborne shipments in the week to December 1, according to tanker-tracking data monitored by Bloomberg. The four-week average crude oil exports by sea also rose, for the first time in three weeks, per the data reported by Bloomberg’s Julian Lee…

Ante la imposición por parte de EE.UU. de otro paquete de sanciones contra los fabricantes de semiconductores chinos, Pekín expresó que se opone a que Washington "extienda demasiado" su concepto de seguridad nacional, "abuse de las medidas de control de exportaciones y bloquee y...