Saudi Aramco, the Kingdom’s giant national oil company, on Wednesday, announced the discovery of 14 new oil and natural gas that could add over 80 million cubic feet of gas per day and over 8,000 barrels of oil per day to Saudi Arabia’s fossil fuels expansion efforts, Arab News reports.  The discoveries were made primarily in the Eastern Region and the vast Empty Quarter, with a mix of oil and gas reservoirs identified, and while moderate in volume compared to the Kingdom’s vast reserves, analysts are heralding this as a…

9 de abril de 2025.- Un saldo de 113 personas fallecidas ha dejado hasta el momento el colapso del techo de una discoteca en Santo Domingo, capital de República Dominicana, lo que ha sido catalogado como la peor tragedia en un local de ese tipo. La cifra se ofrece un día después de que cediera el...

There is no doubt that AI advancements and data centers will be sucking up more electricity in the coming years, and power demand in the United States will grow after a decade of stagnation. What’s in doubt is how much additional power-generating capacity the AI boom will need and how electric utilities will navigate through the complex supply-demand balances in various regions. U.S. power utilities have announced billions of U.S. dollars in capital plans for the next few years and are getting a lot of requests from Big Tech for new power…

Saudi oil giant Aramco and China’s top refiner, Sinopec, will expand a joint venture petrochemicals complex in Saudi Arabia under an agreement signed on Wednesday. Aramco and China Petroleum & Chemical Corporation, as Sinopec is known, own the Yanbu Aramco Sinopec Refining Company (Yasref) on the west coast of Saudi Arabia, with Aramco holding 62.5% and Sinopec 37.5% in the venture. The companies signed on Wednesday a so-called Venture Framework Agreement (VFA), which will to pave the way for a major petrochemical expansion at Yasref,…

Miércoles, 08 de abril de 2025.- China golpea a EEUU y anuncia un arancel del 84% a los productos de EEUU, aunque la guerra está en pleno auge. "Lo único seguro mañana es que Trump nos va a sorprender, lo que inquieta al mercado", ha detallado Eduardo Irastorza, profesor en OBS Business School. ...

Venezuela’s armed forces were placed on high alert over the weekend as Caracas accused foreign actors of plotting a false flag attack targeting ExxonMobil’s operations in the oil-rich Essequibo region—an area administered by Guyana but long claimed by Venezuela. The 160,000-square-kilometre maritime zone, home to some of Exxon’s largest offshore discoveries since 2015, has become the latest flashpoint in a decades-old territorial dispute. Venezuela’s military command vowed to respond with "vigorous action" to any perceived…

Venezuela’s armed forces were placed on high alert over the weekend as Caracas accused foreign actors of plotting a false flag attack targeting ExxonMobil’s operations in the oil-rich Essequibo region—an area administered by Guyana but long claimed by Venezuela. The 160,000-square-kilometre maritime zone, home to some of Exxon’s largest offshore discoveries since 2015, has become the latest flashpoint in a decades-old territorial dispute. Venezuela’s military command vowed to respond with "vigorous action" to any perceived…

La divisa caía frente a monedas de refugio por el creciente temor de recesión en Estados Unidos con la entrada en vigencia de los nuevos aranceles y la represalia china. El dólar global caía en las primeras horas del miércoles frente a las divisas de refugio por la preocupación de l...

Este miércoles, Venezuela rechazó de forma contundente el comunicado de la República Cooperativa de Guyana, el cual se refería a la carta enviada por las autoridades venezolanas al secretario general de la ONU, António Guterres. En dicha carta, se menciona un presunto plan de falsa bandera que...

Crude oil inventories in the United States saw an increase of 2.6 million barrels during the week ending April 4, according to new data from the U.S. Energy Information Administration released on Wednesday. Crude oil prices were trading sharply down prior to the crude data release by the U.S. Energy Information Administration, continuing their slide after another volley in the tariff war between the United States and China was manifest in an announcement of 84% tariffs levied on the US beginning April 10. On Tuesday, the American Petroleum Institute…

Chevron will boost the so-called triple fracs — fracturing three wells with one frac spread at one time — to more than half of its wells in the Permian basin, a Chevron executive told Reuters, amid efforts to reduce the costs and times of fracking at the world’s top shale basin. Chevron plans to use triple-frac on between 50% and 60% of its wells in the Permian, up from 20% of wells “triple-fracked” last year, Jeff Newhook, a completions operations manager at the U.S. supermajor, told Reuters in an interview. The triple-frac…

Chevron will boost the so-called triple fracs — fracturing three wells with one frac spread at one time — to more than half of its wells in the Permian basin, a Chevron executive told Reuters, amid efforts to reduce the costs and times of fracking at the world’s top shale basin. Chevron plans to use triple-frac on between 50% and 60% of its wells in the Permian, up from 20% of wells “triple-fracked” last year, Jeff Newhook, a completions operations manager at the U.S. supermajor, told Reuters in an interview. The triple-frac…

China devolvió el golpe a Estados Unidos en medio de la guerra arancelaria declarada por Donald Trump y contragolpeó este miércoles con un incremento del 50% de aranceles a productos estadounidenses, con lo que el total arriba a 84% La medida surge como respuesta a medidas de repres...

El vicepresidente de Comunicación, Cultura y Turismo, Freddy Ñáñez, afirmó que la actual crisis económica mundial, calificada como una «guerra económica», es consecuencia de una mentalidad elitista y supremacista que prioriza los intereses de Estados Unidos, ignorando las repercusi...

Los proyectos de Chevron en Venezuela representan más de 34.000 millones de barriles de reservas petroleras, lo que hace contraproducente para EEUU sacar definitivamente a esta empresa del país. Hablar en estos momentos que una sola operadora en el sector hidrocarburos afectaría neg...

El diputado a la Asamblea Nacional Jesús Faría considera que Estados Unidos se encamina a una recesión, producto de la guerra arancelaria declarada por el presidente Donald Trump con la imposición de aranceles contra todo el mundo, refiere nota de AVN. Durante una entrevista para Ve...

Miércoles, 09 de abril de 2025.- ROLLING STOCKS: El mercado loco tras el contragolpe de China a Trump, hunden el crudo y sube el oro China ha impuesto aranceles adicionales del 84% a productos procedentes de EEUU, en respuesta a las medidas previamente adoptadas por Washington. La decisión ha s...

Este miércoles 9 de abril en horas de la mañana, se estima cielo nublado, al alternar con nubosidad fragmentada en buena parte del país, informaron autoridades del Instituto Nacional de Meteorología e Hidrología (Inameh) en su boletín matutino.

Oil prices plunged early on Wednesday as China retaliated to the U.S. tariff of 104% on Chinese goods, and Brent Crude sank to below $60 per barrel for the first time in four years. As of 8:31 a.m. EDT, the front-month Brent Crude futures prices were plummeting by 5.25% at $59.46. The U.S. benchmark, WTI Crude, plunged by 5.59% to $56.09, close to the $55 per barrel mark. That level is already $10 a barrel below the average $65 per barrel price U.S. producers need to profitably drill a new well, as they indicated in the Dallas Fed Energy…

Oil prices plunged early on Wednesday as China retaliated to the U.S. tariff of 104% on Chinese goods, and Brent Crude sank to below $60 per barrel for the first time in four years. As of 8:31 a.m. EDT, the front-month Brent Crude futures prices were plummeting by 5.25% at $59.46. The U.S. benchmark, WTI Crude, plunged by 5.59% to $56.09, close to the $55 per barrel mark. That level is already $10 a barrel below the average $65 per barrel price U.S. producers need to profitably drill a new well, as they indicated in the Dallas Fed Energy…