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Trump to Use Emergency Powers to Boost U.S. Critical Minerals Industry
In a bid to wean the U.S. critical minerals supply chain off China, U.S. President Donald Trump plans to use emergency powers under the Defense Production Act to bolster domestic production and processing of these metals vital for the energy and defense industries, Reuters reports, citing a document to be published on Wednesday. The Defense Production Act is a U.S. law that grants the President powers to ensure the nation’s defense by expanding and expediting the supply of materials and services from the domestic industrial base. The White…
Categories: Oil news
Trump to Use Emergency Powers to Boost U.S. Critical Minerals Industry
In a bid to wean the U.S. critical minerals supply chain off China, U.S. President Donald Trump plans to use emergency powers under the Defense Production Act to bolster domestic production and processing of these metals vital for the energy and defense industries, Reuters reports, citing a document to be published on Wednesday. The Defense Production Act is a U.S. law that grants the President powers to ensure the nation’s defense by expanding and expediting the supply of materials and services from the domestic industrial base. The White…
Categories: Oil news
Desde este martes comienza entrega del Bono Único Familiar
Desde este martes 3 de junio, comenzará la entrega del Bono Único Familiar a través de la plataforma patria, informó la institución en una publicación en su blog. Desde la plataforma detallaron que será indexado y protegerá por lo menos a 6 millones de familias.
Entre los días 3 y 1...
Categories: Venezuelan news
Gobierno cubano agradece respaldo de Irán frente a bloqueo criminal de EE.UU.
El presidente cubano Miguel Díaz-Canel Bermúdez expresó su gratitud por el apoyo de Irán a la batalla de Cuba por la terminación del bloqueo de Estados Unidos y su eliminación de la lista de naciones patrocinadoras del terrorismo.
Díaz-Canel, al acoger en el Palacio de la Revo...
Categories: Venezuelan news
EIA Worries Oil Bulls with Large Builds of Gasoline, Distillate Stocks
Crude oil inventories in the United States fell by 4.3 million barrels during the week ending May 30, according to new data from the U.S. Energy Information Administration released on Wednesday. Crude oil prices were trading up prior to the crude data release by the U.S. Energy Information Administration. On Tuesday, the American Petroleum Institute (API) reported a drop of 3.3 million barrels in U.S. crude oil inventories, with a sizable build in gasoline stocks. At 10:21 am in New York, the Brent benchmark was trading up $0.18 per barrel (+0.27%)…
Categories: Oil news
Russia's Wealth Fund Shrinks by $5.8 Billion Amid Oil Price Slump
Russia’s National Wealth Fund, a rainy-day reserves fund, saw its liquid assets drop by the equivalent of nearly $6 billion in May, data from the Russian finance ministry showed on Wednesday. The National Wealth Fund had its readily available liquid assets drop by $5.75 billion (453.8 billion Russian rubles) in May, and the total value dropped to $35.5 billion (2.8 trillion rubles). The National Wealth Fund’s liquid assets have plunged by 68% since the start of the Russian invasion of Ukraine in February 2022, Bloomberg has estimated.…
Categories: Oil news
Russia's Wealth Fund Shrinks by $5.8 Billion Amid Oil Price Slump
Russia’s National Wealth Fund, a rainy-day reserves fund, saw its liquid assets drop by the equivalent of nearly $6 billion in May, data from the Russian finance ministry showed on Wednesday. The National Wealth Fund had its readily available liquid assets drop by $5.75 billion (453.8 billion Russian rubles) in May, and the total value dropped to $35.5 billion (2.8 trillion rubles). The National Wealth Fund’s liquid assets have plunged by 68% since the start of the Russian invasion of Ukraine in February 2022, Bloomberg has estimated.…
Categories: Oil news
Russia's Wealth Fund Shrinks by $5.8 Billion Amid Oil Price Slump
Russia’s National Wealth Fund, a rainy-day reserves fund, saw its liquid assets drop by the equivalent of nearly $6 billion in May, data from the Russian finance ministry showed on Wednesday. The National Wealth Fund had its readily available liquid assets drop by $5.75 billion (453.8 billion Russian rubles) in May, and the total value dropped to $35.5 billion (2.8 trillion rubles). The National Wealth Fund’s liquid assets have plunged by 68% since the start of the Russian invasion of Ukraine in February 2022, Bloomberg has estimated.…
Categories: Oil news
(VIDEO) ¿Quiénes son los 12 enjuiciados por trasegar combustible de Pdvsa a Guyana?
En su más reciente entrega de "Tubazos", el periodista vene...
Categories: Venezuelan news
Kazakhstan’s State Oil Firm Eyes Yuan Bonds as It Defies OPEC+ Cuts
Kazakhstan’s national oil and gas company KazMunayGas is looking to borrow cheaper funds from overseas debt issues, including bonds denominated in Chinese yuan, the firm’s chief executive Askhat Khassenov told Bloomberg. “We looked at all options. Currently there is a possibility to sell dim sum, panda bonds,” Khassenov said in an interview with Bloomberg published on Wednesday. KazMunayGas is also exploring opportunities to issue debt in Arab countries, as the company seeks cheaper borrowing terms, the executive added.…
Categories: Oil news
Fiscal general de Colombia se "cobija" en su inocencia ante orden de captura de Guatemala
Frente a la orden de captura en su contra, que emitió en la víspera el Ministerio Público de Guatemala en razón de supuestos delitos que habría cometido mientras formaba parte de la Comisión Internacional contra la Impunidad de Guatemala (Cicig), la fiscal general de Colombia, Luz Adriana Cama...
Categories: Venezuelan news
Lula: Israel debe dejar de victimizarse y parar el genocidio en Gaza
El presidente de Brasil, Luiz Inácio Lula da Silva, aseguró este martes que el Gobierno de Israel debe dejar de «victimizarse» y detener «el genocidio» de mujeres y niños con la ofensiva militar contra la Franja de Gaza.
El mandatario sostiene que Israel dice...
Categories: Venezuelan news
Japan’s LNG Inventories Rise Ahead of Peak Summer Demand Season
Japanese utilities are boosting their inventories of LNG ahead of the peak summer demand season, as power demand has been weaker in recent weeks. The LNG stocks held by Japan’s utilities are already higher compared to the same time last year, according to government data cited by Argus. The LNG inventories increased by 4.6% on June 1 from a week earlier, a survey by Japan’s trade and industry ministry showed. This week, Japan’s LNG stocks at utilities are 1.3% above the volume from the same week last year and 7.6% higher compared…
Categories: Oil news
(VIDEO) Rusia podría lanzar un ataque importante y de gran envergadura contra Ucrania en los próximos días
Miércoles, 04 de junio de 2025.- Estados Unidos prevé que Rusia podría lanzar un ataque importante y de gran envergadura contra Ucrania en los próximos días, en respuesta a los recientes bombardeos ucranianos sobre varios aeródromos rusos. Entre las posibilidades que maneja Washington, se contempla...
Categories: Venezuelan news