Opec+ agreed to extend its oil supply cuts, delegates said, as the group continues its efforts to avoid a global surplus and prop up prices. So-called “voluntary” cuts from key members including Saudi Arabia and Russia, which amount to about 2 million barrels per day and were due to expire at the end of June, ...
Through their X accounts, the presidents of Colombia and Venezuela, Gustavo Petro and Nicolás Maduro, congratulated their new Mexican counterpart Claudia Sheinbaum, who won the elections with between 58.3% and 60.7% of the votes, according to a quick count of samples carried out by the electoral referee, establishing herself as the first female president of ...
The prosecutor of the 'Villarjo case', Alejandro Cabaleiro, has asked Judge Manuel García Castellón this month to open an oral trial against Bbva, former president Francisco González and several directors and former directors of the entity for alleged crimes of bribery and revelation of secrets. The Anti-Corruption Prosecutor's Office has requested that an oral trial ...
Financial Diary – Santiago Late at night, and after reviewing a contract of more than 600 pages, the boards of directors of Codelco and SQM gave the go-ahead to the pact that creates a company with a state majority and that will operate by 2060. The pact was signed by the presidents of Codelco, Máximo ...
The Panama Canal Authority (ACP) announced an increase to 45 feet (about 13.71 meters) of the maximum draft authorized for vessels in the Neopanamax locks of the sea route, from the 44 feet allowed until now, before the arrival of the canal season. rains. The Central American canal, through which around 5% of global trade ...
The president of the Central Bank of Peru, Julio Velarde, said this Thursday that reducing the interest rate does not define the growth of the economy in the country, days after the minister of the sector asked the head of the monetary organization be more proactive to reactivate the country that entered recession last year. ...
ConocoPhillips agreed to acquire Marathon Oil Corp. in an all-stock deal that valued the company at about $17 billion, spreading a significant buying spree among the largest players in the United States oil and gas industry. The move expands ConocoPhillips' presence in domestic shale fields from Texas to North Dakota and gives the company reserves ...
Argentina races to secure fuel supplies as winter rages in southern hemispherewith lower than expected temperatures that trigger demand for domestic heating. Additional imports are a headache for the Government of President Javier Milei, that needs to accumulate dollar reserves through trade surpluses – not lose them – in order to lift the currency controls ...
Economist Federico Sturzenegger will occupy a new ministry linked to Argentina's economic deregulation, the chief of staff, Guillermo Francos, announced on Tuesday, a day after the departure of two members of the government. “Federico Sturzenegger is going to join the national cabinet as a minister in an area that will have to do with the ...
According to polls in Mexico, it is expected that Claudia Sheinbaum will be the winner of the presidency of that country with 56.9% of the votes, leading by 25.7 points over Xóchitl Gálvez (31.2%), his contender from the PAN, PRI and PRD; while third place will go to the emecista Jorge Álvarez Máynez (11.9%). These ...
