Oil giants suffer drop in profits in 2023

Oil and gas multinationals experience a significant decline in their profits during the first half of the year, as a result of the fall in fuel prices, after an exceptional 2022. However, these companies continue to be profitable. On…

UK to issue new North Sea oil and gas licenses

UK Prime Minister Rishi Sunak announced Monday that hundreds of new North Sea oil and gas licenses will be issued, in addition to a carbon capture program that will create new jobs. Sunak stressed that with the granting of these licenses,…

Venezuela launches price monitoring application

The National Superintendency for the Defense of Socioeconomic Rights of Venezuela, together with the Ministry of Commerce, is testing the Price Inspection System application, to verify the cost and quality of products in stores in real…