The elected president of Venezuela Edmundo González Urrutia had to flee to Spain and is currently in exile in that country after the regime issued an arrest warrant against him for subversion. González Urrutia obtained 67% of the votes in the election day of July 28, against 30% for Nicolás Maduro with 83.5% of the votes verified with published tally sheets, winning in all states (source: resultadosconvzla.com). We reject the arrest warrant, and the fraud intended by the National Electoral Council – CNE of Venezuela, proclaiming Nicolás Maduro as president-elect for a new presidential term and its ratification by the Supreme Court of Justice-TSJ, both without showing the voting minutes or any other support.  EnergiesNet ” Latin America & Caribbean web portal with news and information on Energy, Oil, Gas, Renewables, Engineering, Technology, and Environment.– Contact : Elio Ohep, editor at  EnergiesNet@gmail.com +584142763041-   The elected president of Venezuela Edmundo González Urrutia had to flee to Spain and is currently in exile in that country after the regime issued an arrest warrant against him for subversion. González Urrutia obtained 67% of the votes in the election day of July 28, against 30% for Nicolás Maduro with 83.5% of the votes verified with published tally sheets, winning in all states (source: resultadosconvzla.com). We reject the arrest warrant, and the fraud intended by the National Electoral Council – CNE of Venezuela, proclaiming Nicolás Maduro as president-elect for a new presidential term and its ratification by the Supreme Court of Justice-TSJ, both without showing the voting minutes or any other support.
10/14 Closing Prices / revised 10/15/2024 08:30 GMT | 10/14 OPEC Basket  $77.18 –$1.25 cents | 10/14 Mexico Basket (MME)  $68.73 –$ 1.60 cents 08/31 Venezuela Basket (Merey)  $62 15   +$1.66 cents  10/14 NYMEX Light Sweet Crude $73.83 -$1.73 cents | 10/14 ICE Brent Sept $77.46 -$1.58 cents | 10/14 Gasoline RBOB NYC Harbor $2.11 -2% | 10/14 Heating oil NY Harbor  $2.27 -3% | 10/14 NYMEX Natural Gas $2.49 -5.2% | 10/11 Active U.S. Rig Count (Oil & Gas)  586 +1 | 10/15 USD/MXN Mexican Peso19.3870 (data live) 10/15 EUR/USD  1.0906 (data live) | 10/15 US/Bs. (Bolivar)  $37.88800000 (data BCV) | Source: WTRG/MSN/Bloomberg/MarketWatch

Colombia to Ban Coal Sales to Israel to Seek an End to Gaza War

Petro and Netanyahu have traded insults in recent months. The Andean nation is Israel’s biggest supplier of coal. The move is an escalation in a clash between two countries that have historically had warm relations, and which have had a free-trade agreement in force since 2020.

Oscar Medina, Bloomberg News

MEXICO CITY
EnergiesNet.com 06 10 2024

Colombia is set to ban coal exports to Israel in a bid to pressure the government of Prime Minister Benjamin Netanyahu to end the conflict in Gaza. 

The ministers of foreign affairs, finance, energy and trade decided to halt sales of the fuel to the Jewish state, according to a draft decree published Friday on Colombia’s trade ministry’s website.

The Andean nation is Israel’s biggest supplier of the fossil fuel. The measure will take effect once President Gustavo Petro signs off on it, likely after he returns from a trip to Europe. 

Israel’s relations have worsened with governments across Latin America this year. But, until now, this has mainly been expressed through diplomatic measures rather than trade sanctions. Colombia supplied Israel with about $450 million of the coal last year.

Drummond Company Inc., based in Alabama, and Glencore Plc. are the only two suppliers of Colombian coal to Israel.

While coal has accounted for a fifth of Israel’s electricity production, it’s expected to drop to as low as 3% next year. In times of special need, two of Israel’s main power stations can switch to coal as an emergency backup.

Last month, Turkish President Recep Tayyip Erdogan almost completely halted trade with Israel.

Diplomatic Clash

The move is an escalation in a clash between two countries that have historically had warm relations, and which have had a free-trade agreement in force since 2020.

The relationship frayed in recent months, with Petro describing the intervention in Gaza as “genocide,” while Netanyahu called Petro an “antisemitic supporter of Hamas.” The two countries broke off diplomatic relations in May. 

bloomberg.com 06 07 2024

Share this news

Support EnergiesNet.com

By Elio Ohep · Launched in 1999 under Petroleumworld.com

Information & News on Latin America’s Energy, Oil, Gas, Renewables, Climate, Technology, Politics and Social issues

Contact : editor@petroleuworld.com


CopyRight©1999-2021, EnergiesNet.com™  / Elio Ohep – All rights reserved
 

This site is a public free site and it contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.We are making such material available in our efforts to advance understanding of business, environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a ‘fair use’ of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have chosen to view the included information for research, information, and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond ‘fair use’, you must obtain permission fromPetroleumworld or the copyright owner of the material.