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 Initiative forum held in Riyadh.
The minister stressed that to…
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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…
Argentina freezes gas and electricity prices again
The Argentine government froze electricity and gas rates for another 90 days, after the extension made last June that expired at the end of the year.
This was indicated by the Executive through a decree published in the Official Gazette,…
USA and Canada will use blockchain to produce clean energy
American power company Ameren, in partnership with Canada's Opus One Solutions - engineering and software solutions - plans to use blockchain technology to generate clean energy.
Ron Pate, senior vice president of operations and technical…
Gazprom Neft continues oil project in Venezuela
The CEO of the Russian company Alexander Diúkov said that the project is currently in an exploration stage, which does not require any investment by the company.
Once the exploratory period is over, the consortium will decide and issue…
Qatar announced it will quit OPEC in 2019
Qatar's energy minister, Saad al-Kaabi, announced on Monday that the Middle East country plans to leave the Organization of Petroleum Exporting Countries as of January 1st, 2019.
Qatar would be the first member state to leave the…
NASA wants to create rocket fuel
The creativity of NASA engineers and scientists knows no limits. It is imminent that a trip to Mars is getting closer but there is a small inconvenience that has not yet been solved well that is the supply of fuel for the explorers to…