In Mexico, there is an air of confidence for investments. In this sense, President Claudia Sheinbaum has met with different sectors of the economy to propose an investment of more than $20 billion in strategic areas.
In these meetings, the president has spoken with the Ministry of Energy and other…
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oil
Guyana is the Latin American country that will have the greatest economic growth in 2025
In Latin America, the country that will have the greatest economic growth in 2025 is Guyana, according to the predictions of analysts and organizations such as the World Bank, which projects an expansion of 12.3 %.
On a par with world…
Latin America: cocoa, coffee and hydrocarbons boosted the market in the first half
The increase in the prices of items such as cocoa and coffee, together with the hydrocarbon sector, has maintained a good rhythm of the markets in Latin America, despite declines in the value of wheat and corn.
According to the Bloomberg…
The United States approved Repsol’s license to continue operating in Venezuela and studies…
The United States granted a license to the Spanish company Repsol to continue operating in Venezuela after May 31. Meanwhile, the Treasury is studying applications from between 20 and 50 companies that wish to do business with the South…
Venezuelan state oil company PDVSA will renew agreements with 17 mixed companies
The Venezuelan state oil company, PDVSA, will renew contracts with 17 joint companies. This was reported by the deputy and president of the Permanent Commission on Energy and Petroleum of the National Assembly (AN), Ángel Rodríguez.
The…
Curaçao refinery reopens after five years of inactivity
This weekend, the Korsou Refinery (RdK), in Curaçao, announced the restart of operations, with the bet of receiving oil from Venezuela.
The facility was operated by the Venezuelan PDVSA between 1985 and 2019, the year in which the…
Iraq will reduce oil exports to compensate for excess production
Iraq announced it will reduce its oil exports to 3.3 million barrels a day to balance any increase above its OPEC+ quota in January and February.
The announcement was made this Monday by the Iraqi Ministry of Oil, in line with the…
Oil sanctions against Venezuela return in April
Sanctions on the oil and gas sectors of Venezuela will return in the month of April, as announced this Tuesday by United States authorities.
The State Department issued an official statement stating: "The actions of Nicolás Maduro and his…
Mexicana Dos Bocas will begin refining fuel in April
Starting next April, the Dos Bocas refinery in Mexico will begin refining fuel. The announcement was made by the country's President himself, Andrés Manuel López Obrador, in his morning press conference this Monday, March 11.
Obrador…
Brent crude oil rose 0.25 %
At the close of this Wednesday, March 6, Brent crude oil reached USD 82.83, which according to oil industry specialists represents an increase of 0.25 %.
Among the factors that favor this upward trend is the current positive macroeconomic…
PDVSA and Repsol strengthen binational cooperation
Strengthening cooperation between the oil companies of Spain and Venezuela has been the main focus of the visit of the Minister of Energy and Petroleum of Venezuela and president of the state-owned oil company of Venezuela, Rafael…
US overtakes Saudi Arabia in oil production
The US already produces 40% more oil than Saudi Arabia, and the gap continues to widen. This situation, which seemed unimaginable less than 10 years ago, has become a reality thanks to the success of fracking (hydraulic fracturing) and…