Please check my op-ed for @AmerQuarterly of the @ASCOA Without Institutional Change, Venezuela’s Oil Bonanza Remains Unviable americasquarterly.org/articl… @BakerInstitute @CES_Baker_Inst

El salario del profesorado universitario en Venezuela presenta extrema asimetría con respecto a Latinoamérica. El docente con mayor dedicación en la región percibe entre U.S. $1200 y $7500, mientras el rezago local compromete la labor científica y pedagógica en las universidades.

US refiners can still absorb more Venezuelan oil, Energy Secretary Wright says reuters.com/business/energy/…

Yesterday we launched the Eastern Mediterranean Energy Center (EMEC) at @RiceUniversity @BakerInstitute — a new hub for research, dialogue, and collaboration on the region’s evolving energy landscape. Thank you to @ENERGY and @SecretaryWright!

Trinidad and Tobago’s energy minister said that Venezuela’s granting of a license to Shell Plc will lead to 1.7 trillion cubic feet of gas being exported to his country. bloomberg.com/news/articles/…

Investment firms join Donald Trump’s $100bn race for Venezuelan oil ft.trib.al/8M5Bqaq

Trafigura, Vitol Sell More Venezuelan Oil to Asia on War Turmoil By Lucia Kassai and Yongchang Chin (Bloomberg) -- Commodity traders Trafigura Group and Vitol Group are expanding efforts to sell Venezuelan oil into Asia, a move that comes as the South American country’s production rises and the Iran war disrupts competing supplies from the Middle East. Trafigura has offered Venezuelan flagship Merey 16 crude to refiners in South Korea, according to people with knowledge of the situation who asked not to be named discussing private transactions. The company also recently delivered oil to a refinery in Malaysia, the people said. Traders had also made recent offers to India at discounts of around $6 a barrel to the Dated Brent benchmark, although it wasn’t immediately clear if any volumes had been sold to the South Asian nation, according to the people. Trafigura offered half a million barrels of Merey 16 to South Korean fuelmakers, people with knowledge of the situation said. The oil was eventually discharged into a storage facility in South Korea in early June, data from maritime intelligence firm Kpler Ltd. show. South Korea last bought Venezuelan oil in 2011, according to the country’s customs data compiled by Bloomberg. Trafigura declined to comment. The same vessel that delivered oil to South Korea, the Trafigura-chartered supertanker Nissos Kea, also delivered oil to a Malaysian port that serves the Melaka refinery operated by Petroliam Nasional Bhd, known as Petronas. The refinery is a major producer of asphalt, for which heavy Venezuelan oil is a well-suited feedstock. Another supertanker, the Solana, chartered by Vitol, just unloaded 2 million barrels of Merey 16 into floating storage facilities off the coast of Malaysia. Such facilities are typically used as distribution centers, where large cargoes are broken up into smaller parcels and sold to end users. Vitol didn’t immediately return a message seeking comment.

#Venezuela moves pacts forward with Shell, including Loran gas field reuters.com/business/energy/…

This map shows the global oil fields and oil pipelines. Source: open.substack.com/pub/themer…

Commodity traders Trafigura Group and Vitol Group are expanding efforts to sell Venezuelan oil into Asia, a move that comes as the South American country’s production rises and the Iran war disrupts competing supplies from the Middle East. Trafigura has offered Venezuelan flagship Merey 16 crude to refiners in South Korea, according to people with knowledge of the situation who asked not to be named discussing private transactions. The company also recently delivered oil to a refinery in Malaysia, the people said. #oott bloomberg.com/news/articles/…

The US sanctioned Cuba’s state oil and gas company, piling more pressure on the communist-run nation in the middle of a dire energy crisis. bloomberg.com/news/articles/…

Centerview Partners was in negotiations with Venezuela as recently as last month for a contract worth at least $150 million for its work as the sole financial adviser on the country’s debt restructuring bloomberg.com/news/articles/…

Lo que hizo el chavismo con la Universidad Simón Bolivar es vergonzoso. La mejor universidad de Venezuela y una de las mejores escuelas de ingenieros de Latinoamérica quedó en ruinas. Diezmaron a las mejores universidades públicas, pero con la USB se ensañaron por odio a la excelencia y meritocracia.

Mañana comenzará el Mundial, y muchos estarán atentos a los partidos. El fútbol nos recuerda algo que no debemos olvidar: la vida no es una carrera para lucirse en solitario, sino un camino que aprendemos a recorrer juntos. Quien no sabe pasar el balón, aunque tenga talento, todavía no ha entendido el juego. Y quien no sabe vivir con los demás y para los demás, todavía no ha entendido la vida. #ViajeApostólico

The Trump administration amended its Venezuela licenses to loosen US-related legal provisions as it seeks to facilitate investment in the country’s oil and other natural resources bloomberg.com/news/articles/…

We were honored to host President Irfaan Ali of Guyana at the @BakerInstitute. In conversation with CES Fellow Francisco Monaldi, he shared insights on energy policy and navigating the global energy transition. #EnergyPolicy #EnergyTransition #Guyana @RiceUniversity @OTPGY

EIA has global oil demand at 99.73mbpd, global oil supply at 93.72mbpd in May 2026. For June, EIA projects demand at 101.55, supply at 94.19mbpd #oott

A Florida trading company is in advanced talks to send Cuba the biggest cargo of US fuel since the Eisenhower administration as the island nation contends with an acute energy crisis. bloomberg.com/news/articles/…

El conflicto en Oriente Medio ha provocado una onda expansiva en los mercados energéticos mundiales. ⁠Se proyecta que los precios de la energía se disparen un 24% en 2026, el nivel más alto desde la invasión rusa de Ucrania en 2022.⁠ ⁠ Lee el análisis: wrld.bg/QF8L50Z5aVL