BP to develop gas in the Deltana Platform after Chevron scales back

Julio A. López, Editor-in-Chief.— Venezuela’s offshore gas map is being redrawn. Chevron transferred its licenses in Blocks 2 and 3 of the Deltana Platform — home to the Loran and Macuira gas fields — to Pdvsa in exchange for strengthening its position in the Orinoco Belt’s heavy crude sector. Weeks later, BP moved into that […]

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Without Transparency, There Is No Contract;

Listen to the editorial audio: https://clyp.it/nooq11dl Julio A. López, Editor-in-Chief.— Venezuela needs investment. It needs capital, technology, expertise, markets, and companies capable of restoring to its hydrocarbon industry the scale it once had. That is why we have supported the opening of the oil and gas sectors and welcome contracts that enable the development of resources […]

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Venezuela and Trinidad: The gas play no one sees

By Julio A. López, Editor-in-Chief — In an exclusive interview with The Daily Journal, Dr. Evanán Romero, Venezuela’s former deputy minister of Energy and Mines and a key figure in the country’s oil-sector opening during the 1990s, explained why the natural gas partnership between Venezuela and Trinidad and Tobago could become the region’s most profitable—and […]

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Brent Surpasses $90 as U.S. and Saudi Arabia Strike Irak

Audio: https://clyp.it/5andr4kz Julio A. López, Editor-in-Chief.— Oil prices surged on Wednesday after the United States and Saudi Arabia launched joint airstrikes against Iran-backed militias in Iraq, while Tehran responded with a new barrage of missiles targeting U.S. forces in the region, marking the most serious escalation since the conflict began five months ago. From Relative Calm […]

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Editorial: FIFA Gate

 Listen to the editorial audio here: https://clyp.it/qjftnyky Julio A. López, Editor-in-Chief. — We live in an era in which economic power appears to have stopped recognizing limits. Profitability takes precedence over transparency, financial interests displace the public interest, and opacity ceases to be the exception to become the norm. This is no longer a phenomenon confined […]

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Stillborn Instrument to Finance Housing Through the BVC

Listen to the Editorial audio here: https://clyp.it/fxi4lezd Julio A. López, Editor-in-Chief.– Human tragedies often bring out the best in societies, but they can also create fertile ground for the worst economic and financial ideas. The desperation to find quick solutions cannot replace the technical rigor that a country’s reconstruction demands. We have learned of several proposals […]

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Xi Turns Global AI into an Uber-Style Model

Is China “Uberizing” the U.S. Technology Empire? Xi Jinping proposes an AI “symphony of cooperation” in Shanghai while Silicon Valley talks about transcending humanity and breaking free from democracy. Audio: https://clyp.it/4mp3clsw Julio A. López, Editor-in-Chief.— Faced with Silicon Valley oligarchs who speak of transcending humanity and breaking free from democracy, a head of state appeared in […]

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Trump Did Not Announce Plans for Venezuela

Julio A. López, Editor-in-Chief .– President Donald Trump addressed the nation on Thursday in a highly anticipated televised speech from the White House, during which he discussed economic issues and various domestic and foreign policy matters. However, Venezuela remained notably absent from his remarks. The omission surprised both the Venezuelan community abroad and numerous political […]

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The Iran War Sends LNG Prices Higher: Everything Points Upward

Julio A. López, Editor-in-Chief .— Liquefied natural gas (LNG) — pipeline gas cooled to -162°C to enable transportation aboard specialized LNG carriers — has become the most sensitive gauge of the global energy crisis. Only three regions produce LNG at industrial scale: the United States, Qatar, and Australia. That concentration explains why any disruption in […]

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Chevron Moves to Bypass the Strait of Hormuz

Audio: https://clyp.it/p2koe0pw Julio A. López, Editor-in-Chief .— Chevron is set to sign preliminary agreements to invest in two Iraqi oil fields and join a consortium of investors studying the construction of a pipeline linking Iraq’s oil-producing basin to Syria’s Mediterranean coast, specifically the port of Baniyas. The Context: Iraq, the Most Exposed Iraq — the second-largest […]

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