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LN24 > Blog > global energy market
18
Oct

Venezuela Projects Nearly $76 Billion in Oil Investment Over Five Years

  • LN24 / 2 weeks
  • 0
  • 3 min read

Venezuela expects to attract nearly $76 billion in oil investment over the next five years as the country moves to revive its struggling energy industry and expand crude production, acting President Delcy Rodríguez has announced. Speaking on national television on Saturday, October 17, Rodríguez said recently signed agreements included a bilateral deal with the United […]

08
Oct

Hormuz Shipping Falls to Two-Month Low as Tanker Attacks Intensify

  • LN24 / 3 weeks
  • 0
  • 3 min read

Shipping traffic through the Strait of Hormuz has fallen to its lowest level in more than two months after a sharp increase in tanker attacks raised fresh concerns about the safety of the strategic energy corridor. Vessel Traffic Drops Sharply Data from shipping analytics firm Kpler showed that only seven commodity vessels passed through the […]