Venezuela plans to increase its oil production goals to 2 million barrels per day, as well as its derivatives, as part of the economic growth plan for 2022, as announced by the Oil Minister and Sector Vice President of Economy, Tareck El Aissami.
According to the vice president, "We have the…
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Gas
Oil price could hit $300
Given the ban by the United States on the import of oil and gas from Russia, the latter warned that the price of crude oil could reach 300 dollars per barrel.
This was indicated by the Russian Deputy Prime Minister, Alexander Nóvak, who…
Biden blocks import of oil and gas from Russia
The president of the United States, Joe Biden, announced a ban on the import of oil, gas and coal from Russia, assuming that there may be other allies who, like the Europeans, cannot yet take such a big measure.
"We will not subsidize…
Gas exports from the US to Europe could increase
The United States could start exporting gas to Europe, which will start the acceleration of some operations in terms of regasification infrastructure to increase the volume of sales.
According to data from Gasindustrial, the price of LNG…
Germany will stop financing fossil fuels projects abroad
Germany on Tuesday joined a declaration to stop financing fossil fuel projects abroad by the end of 2022.
The Secretary of State for the Environment, Jochen Flasbarth, and a representative of the British presidency of the World Climate…
Brazil aims to enter the top 5 oil exporting countries by 2030
Brazil aspires to become one of the five main oil producing and exporting countries in the world by 2030. This was announced by the Minister of Mines and Energy of Brazil, Bento Albuquerque, within the framework of the Saudi Green…
Rise in oil prices will not benefit Venezuela
A barrel of oil could increase by the order of 100 dollars by the end of the year. This was reported by economist Rafael Quiroz, who pointed out that these upward estimates are a consequence of the global crisis caused by the energy crisis.…
Macron will take measures to face the rise in fuels
Emmanuel Macron, president of France, reported that his government is studying applying some short-term measures to compensate the people most affected by the increase in fuel prices, with diesel at record levels.
During his inspection of…
Shell sells assets to ConocoPhillips for 9.5 billion dollars
The oil company Shell reported that it reached an agreement with the US company ConocoPhillips for the sale of its assets in the Permian oil basin, located in Texas (USA), for about 9.5 billion dollars.
The information was released through…
Ricardo Hausmann: New technologies and added value will help Venezuela’s recovery
Only by adapting and controlling new technologies will countries be able to overcome the obstacles that impede their growth. This was stated by the economist and professor at the Kennedy School of Government, Harvard University, Ricardo…
Russian-German gas pipeline to be completed by the end of August
The Nord Stream 2 gas pipeline, which will transport Russian gas through the Baltic Sea to Germany, will be completed by the end of August, according to the general director of the Nord Stream 2 company, Matthias Warnig,
"We expect…