Petroleum

What is the origin of oil (and no, it does not come from dinosaurs)

It is an engine of today’s society, the reason for wars and one of those primarily responsible for climate change. Every day more than 80

4 factors that explain the new economic slowdown in Venezuela

Venezuela it was not fixed. The slight recovery that the country experienced from 2021 came to a dead stop during the first months of this

Why Alaska needs the Willow oil megaproject to sustain its economy

From afar the paradox would seem to jump out at you. Alaska, one of the places in the world where the effects of climate change

Texas oil rises 6.59% and closes at US$ 80.66 a barrel

The price of Texas intermediate oil (WTI) rose 6.59% this Monday and closed at US$ 80.66 a barrel, a strong rise caused by the OPEC+

European stock markets close mixed after OPEC cut

The main European stock markets have closed with a mixed sign in a day whose main incentive has been crude oil rally Brent, a benchmark

Wall Street opens in mixed territory after rising oil prices

Wall Street began the day this Monday in mixed territory and the Dow Jones Industrials, its main indicator, added 0.64%, while US oil prices they

European stock markets open higher on a day marked by the rise in the price of oil

The large European stock markets, except Madrid, open higher on a day marked by the rise in oil, which returns to levels prior to the

Crude in New York rose to trade near $69 a barrel

Oil rose as assurances that the federal government will work to contain the banking crisis sent some investors back into riskier assets, breaking a series

Chevron’s first shipment of Venezuelan oil sails to the United States after license

The first shipment of Venezuelan crude from Chevron Corporationafter receiving a license in November from USAleft a ship-to-ship transfer center near Aruba en route to

Putin bans Russian oil exports to countries that imposed price caps

The Russian President, Vladimir Putinsigned a decree Tuesday banning the supply of oil and oil products to nations that have imposed a price cap on

United States: huge oil spill is being controlled

A leak in the pipeline Keystonewhich spilled some 2.2 million liters of crude oil into a water course in Kansas, USAwas in the process of

How the embargo and the cap on the price of the oil tanker sow uncertainty in the Russian economy

The European embargo on Russian oil supplied by sea and the western cap on its price that came into force today sow uncertainty in the

The cap on the price of Russian oil comes into force to undermine the income that Putin uses in the war in Ukraine

The European Union It applies from today its embargo on all imports of Russian oil transported by ship to the bloc and also the prohibition

Oil price rises after OPEC+ maintained production

Crude rose on Monday after OPEC+ countries stuck to their output targets pending a European Union ban and a G7 price cap that took effect

Russia vows to continue offensive in Ukraine despite Western oil price cap

The cap on the price of Russian oil decided by the Western powers will not have an impact on Moscow’s offensive in UkraineThe Kremlin assured

Russia will not be able to sell oil to Europe transported by sea from Monday

Russia As of this Monday, it will not be able to export to Europe oil transported by sea to Europe by virtue of the embargo

Zelensky says $60 price ceiling for Russian oil ‘not serious’

President ukrainianVolodimir Zelensky, criticized this Saturday the maximum price of 60 dollars for a barrel of oil Russianset after an agreement between the European Union,

Russia “will not accept” that they impose a maximum price on its oil

Russia He affirmed on Saturday that he “will not accept” the imposition of a maximum price on his oil decided by the Western powers to

Venezuela and Chevron signed contracts to continue oil production

The government of Venezuela and the American company Chevron signed contracts this Friday in Caracas for the continuation of the joint production of Petroleum in

The United States authorizes the oil company Chevron to resume operations in Venezuela due to the resumption of dialogue

This Saturday, the same day that the Venezuelan opposition and the government of President Nicolas officially restarted political dialogues, the Secretary of the Treasury of