Venezuela, South American country rich in Petroleum, will hold presidential elections on July 28, amid an unprecedented crisis that caused a collapse of the economy and a mass exodus of its population. Here are five points about the country: From Simon Bolivar to Chavism Simón Bolívar (Caracas, 1783 – Santa Marta, Colombia, 1830), known as […]
Tag: Petroleum
US extends license for export of liquefied petroleum gas to Venezuela
The government of the president Joe Biden has extended this Monday the license that authorizes some export transactions of Liquid gas of Petroleum to Venezuela, the US Treasury Department reported. The Office of Foreign Assets Control (OFAC), which is part of this department, will allow “all transactions related to the export or re-export, direct or […]
Petroperú: Comptroller’s Office detected losses of more than S/3.6 million due to deficiencies in service management
The Comptroller General of the Republic announced the results of three control reports carried out on the company Petroperú. According to the agency, there is an economic loss of S/3 million 615,091 due to a series of deficiencies in the management of services contracted by the state oil company, which has led to the determination […]
Saudi Arabia discovers seven new natural gas and oil fields
Saudi Energy Minister Abdulaziz bin Salman announced on Monday the discovery of seven oil fields natural gas and Petroleum with a total production capacity of more than 28 million cubic feet of gas per day and more than 11,000 barrels of crude oil, the official Saudi news agency SPA reported. The minister said the new […]
Oil producing countries extend production cuts to support prices
Saudi Arabia and others oil countries They extended production cuts on Sunday through the end of next year to shore up prices that have not risen despite turbulence in the Middle East and the start of the summer travel season. The OPEC+ alliance, made up of members of the oil cartel and allies, including Russia, […]
“Heat dome” causes sweltering temperatures in Mexico, Central America and the US.
The extreme heat in Mexico, Central America and parts of southern USA It has left millions of people in sweltering temperatures, overloaded power grids and caused iconic howler monkeys in southeastern Mexico to fall from trees and die. Meteorologists said the conditions have been caused by what some call a heat dome — an area […]
Repsol receives US license to operate in Venezuela, according to PDVSA
The Spanish oil company Repsol received an individual license USA to operate in the sanctioned Venezuelareported this Friday the president of the state PDVSA, Pedro Tellechea. Both companies signed an agreement to increase joint production of crude oil and gas on April 17, the same day that Washington announced the end of a relaxation of […]
Paul Romer, 2018 Nobel Prize in Economics, identifies mining as an engine of development
Mining, as part of the economy of ideas, can boost human progress and the global economy. Join the WhatsApp channel Price of the dollar today in Peru: what is the exchange rate for this Tuesday, May 21 Fonavi 2024: Ad Hoc Commission evaluates changes in refund to reimbursement group 2 or relatives of deceased On […]
The IEA forecasts lower growth in crude oil demand for 2024
The International Energy Agency (IEA) this Wednesday revised downwards the increase in global demand for Petroleummainly due to the net reduction in Europe. The new forecasts, included in the monthly report on the crude oil market published today, establish an increase in global demand of 1.1 million barrels per day in 2024, 140,000 less than […]
They demand compliance with the closure of oil exploitation in the jungle of Ecuador
Organizations natives and environmentalists Ecuador They demanded this Friday compliance with the historic referendum voted last year at the national level, where the cessation and dismantling of oil exploitation in Block 43-ITT, one of the most important fields in the country, located in the Amazonian Yasuní National Park, was approved. . In a press conference […]