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

Petrobras’ Prates Teams Himself With Lula to Boost Shipbuilding

Petrobras oil rigs under construction near Angra dos Reis, Brazil., Photographer: Dado Galdieri/Bloomberg
Lula promised to rebuild the industry during election campaign. Prates also supports more investments in refining, fertilizers. Petrobras oil rigs under construction near Angra dos Reis, Brazil. , Photographer: Dado Galdieri/Bloomberg

Mariana Durao, Bloomberg News

RIO
EnergiesNet.com 04 19 2024

Brazil’s state-controlled oil producer Petrobras is getting behind President Luiz Inacio Lula da Silva’s plans to revive shipyards as part of a wider effort to expand industrial activity in Latin America’s largest economy. 

Petrobras Chief Executive Officer Jean Paul Prates on Thursday said Brazil should have a strong naval industry to generate jobs, while also using foreign contractors. Prates said that the country is still suffering from “a polarized debate” about local content requirements after a massive pay-to-play corruption scandal known as Carwash embroiled the Rio de Janeiro-based producer back in 2014, and sent the shipbuilding industry into a tailspin.

“President Lula sees this industry as a redemption for Brazilian industry,” Prates said at an event in Rio.

Prates said that equipment demand from Petrobras is key to the future of shipbuilding in Brazil, and that the company will launch bids for a total of 38 vessels in 2024 and 2025 to expand the fleet and replace older models. The bids should lead to $2.5 billion in investments, with up to 70% of the spending to take place in Brazil, he said. Petrobras’s logistics subsidiary Transpetro will have separate tenders for 16 vessels.

The focus on domestic industry comes after Prates went through an extended period of political attacks by other members of Lula’s cabinet, who criticized him for not doing enough to support Lula’s growth agenda. Prates also proposed investing more in refining and fertilizer production. Lula supports these two industries that Petrobras’s previous management was selling off to streamline costs and boost profitability.

bloomberg.com 04 18 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.