Friday, July 24, 2026
Venezuela

Venezuela Crises: $1.3 Trillion in Oil Revenues Vanished through a Culture of Hyper-Corruption, Oil Output Could Fall by another 800,000 BOPD amid Flight of Human Capital

PDVSA has a major bond payment due today From The Fuse The growing instability and political disarray in Venezuela pose major threats to the country’s oil production. Venezuela’s output is in danger of further declines just as other factors are reducing global supply. OPEC and its non-OPEC allies are cutting production, geopolitical risks are rising, and the global oil industry

Coal Producer Peabody Not Liable for Role in Global Warming: Judge

From Bloomberg No proof of claim: post-2016 bankruptcy, coal miner gets ‘fresh start’ While the future of American coal production is anything but clear, at least Peabody Energy Corp. is for now off the hook for liabilities related to its role in global warming. The company’s 2016 bankruptcy protects it from lawsuits brought in California State court by Marin County, San Mateo County