Escalation of War in the Red Sea – Conflict on U.S. Vessels Raises Tensions.

Written by Paulo Nogueira

Published on 16/01/2024 at 09:09

Abdul-Malik Al-Houthi, líder dos rebeldes do Iêmen que declararam guerra contra os navios dos EUA que cruzam o Mar Vermelho (Foto: Reprodução) – Todos os direitos: EPBR

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Houthis Rebels Declared War on U.S. Ships in the Red Sea, Threatening Vessels and Impacting the Oil Market. Energy for Defaulting Consumers Will Be Cut After 15 Days.

Recently, the Red Sea region has been the scene of intense clashes, with rising tensions between Houthis rebels and the U.S. The attack on a U.S. ship by the rebels raised further concerns amid the war declared by the group against U.S. vessels.

The situation in the Red Sea is becoming increasingly volatile, with the Houthis putting U.S. ships in their sights and making threats that further escalate the conflicts in the region.

Vessel Hit Amid Rising Tensions

The first target of the missiles was the M/V Gibraltar Eagle, a container ship flagged in the Marshall Islands, owned and operated by an American company, hit this Monday (15/1).

ARTICLE CONTINUES BELOW

Ballistic Missiles in Israel’s ‘Espionage Center’

– The Iranian Revolutionary Guard, which supports the Houthis, claimed to have launched missiles at an ‘espionage center’ in Israel in the autonomous region of Iraqi Kurdistan, killing four civilians.

It also attacked ISIS in Syria, in retaliation for the two suicide bombings that occurred this month.

Oil Prices Fell, Market Activity Reduced

– Despite the rising tensions, the price of oil fell on Monday, with lower market activity due to the Martin Luther King Jr. Day holiday in the U.S.

Brent futures fell 0.2% to US$ 78.15 a barrel. WTI dropped 0.5% to US$ 72.30/barrel.

Growth of Oil and Gas Production in 2023

PPSA Has Record Revenue. Pré-Sal Petróleo (PPSA) raised R$ 6.02 billion in 2023 through the sale of oil and natural gas. This record amount is 28% higher than the R$ 4.71 billion reported in 2022.

The growth was driven by the increase in production in pre-salt sharing contracts and also by the prices of oil in the international market.

Tax Proposal for Oil and Gas in the U.S.

Tax on Oil and Gas in the U.S. The U.S. government proposed a tax on excess methane from major oil and gas producers reporting emissions above 25,000 tons of carbon dioxide equivalent (CO2e) per year at their facilities.

The plan is to implement a gradual charge starting in 2024, taxing excess methane emissions beginning at US$ 900/ton. In 2025, this amount is expected to rise to US$ 1,200, reaching US$ 1,500 in 2026.

Partnership for Green Transition and Deadlock on Itaipu Tariff

Brazil and Italy. G7 and G20 presidents, Italy and Brazil should strengthen relations for the green transition, said Italy’s consul in São Paulo, Domenico Fornara, in an interview.

No Agreement for Itaipu. The presidents of Brazil, Luís Inácio Lula da Silva, and Paraguay, Santiago Peña, discussed the Itaipu power plant tariff during a meeting in Brasília, but there has still been no agreement between the countries.

The Paraguay wants to increase the tariff value, currently at US$ 16.71/KWh, while Brazil seeks to reduce or maintain the price.

Lula stated that he recognizes the Paraguayan demand and that wants a quick solution for the dispute.

Record Financing for Renewable Energy Project

Largest Renewable Loan. BNDES approved the largest loan ever made by the bank for a renewable energy project. It will provide R$ 3.16 billion for the installation of the Babilônia Centro wind complex in Bahia.

The plant has a capacity of 553.5 MW and is between Casa dos Ventos and ArcelorMittal and will cost a total of R$ 4.2 billion.

Legal Decision on Power Cut for Defaulters

15 Days to Cut Electricity. The Superior Court of Justice (STJ) unanimously decided that it is legal to cut off electricity for defaulting consumers 15 days after formal notification by the distributor.

Source: EPBR

Escalation of War in the Red Sea – Conflict on U.S. Vessels Raises Tensions.

Houthis Rebels Declared War on U.S. Ships in the Red Sea, Threatening Vessels and Impacting the Oil Market. Energy for Defaulting Consumers Will Be Cut After 15 Days.

Vessel Hit Amid Rising Tensions

Ballistic Missiles in Israel’s ‘Espionage Center’

Oil Prices Fell, Market Activity Reduced

Growth of Oil and Gas Production in 2023

Tax Proposal for Oil and Gas in the U.S.

Partnership for Green Transition and Deadlock on Itaipu Tariff

Record Financing for Renewable Energy Project

Legal Decision on Power Cut for Defaulters

A village with 115 inhabitants wants new residents: it offers a house, a job, up to 44 thousand euros in benefits, almost free rent, an annual grant of 8 thousand euros for 3 years, and a 20 thousand euro incentive for businesses in the mountains of Italy.

NASA is offering US$ 750,000 to people from anywhere in the world who solve a problem that could decide survival on Mars: creating food for astronauts without relying on resupply from Earth.

Belgium will sink 23 giant concrete caissons, each weighing 22,000 tons, in the North Sea to build the world’s first artificial energy island 45 km off the coast, forming offshore electrical walls.

New microwave that can replace three appliances hits the market: Sharp launches 3-in-1 model that combines air fryer, convection oven, and heating in 0.9 cubic feet for small kitchens

While Brazil has been discussing bullet trains for 16 years, China delivers 5 new high-speed lines in 2026, surpasses 50,000 km of HSR, and moves 1 billion passengers in a single year.

While countries spend billions to draw water from the sea, a Nobel-winning scientist creates a container-sized machine that extracts up to 1,000 liters per day from dry air and uses ultrasound to release water in minutes, even in the middle of the desert.

With an 88-meter wingspan, a capacity of 250 tons, six engines, and 32 wheels, the Ukrainian giant became the greatest symbol of extreme air transport and one of the most impressive machines in aviation history.

While the world spends energy to refrigerate food, Japanese architects create a wooden refrigerator powered by snow that preserves rice without a compressor, helps mountain farmers, and transforms extreme cold into profit in the countryside.

Submarine robot Redwing departs on a historic 5-year mission to attempt to circumnavigate the globe without a crew, silently crossing oceans while measuring temperature, salinity, and currents to predict hurricanes and climate change.

A 60 m² steel frame house is completed in 40 to 90 days for R$ 2,800 per m² installed, generates only 1% waste compared to up to 30% for conventional masonry, and can already be financed by Caixa for up to 30 years with the use of FGTS.

A 1960s luxury bus that belonged to the family of Mamonas Assassinas has been transformed into accommodation with a hot tub, skylight, and a deck overlooking rock formations in Alfredo Wagner, 130 kilometers from Florianópolis, and is already accepting reservations via Airbnb.

The wall that tries to stop plastic in Amsterdam is not made of concrete, it is hidden at the bottom of a canal, no one sees it from afar, and uses only bubbles to push trash to the bank without stopping boats or blocking fish.

Escalation of War in the Red Sea – Conflict on U.S. Vessels Raises Tensions.

Houthis Rebels Declared War on U.S. Ships in the Red Sea, Threatening Vessels and Impacting the Oil Market. Energy for Defaulting Consumers Will Be Cut After 15 Days.

Vessel Hit Amid Rising Tensions

Ballistic Missiles in Israel’s ‘Espionage Center’

Oil Prices Fell, Market Activity Reduced

Growth of Oil and Gas Production in 2023

Tax Proposal for Oil and Gas in the U.S.

Partnership for Green Transition and Deadlock on Itaipu Tariff

Record Financing for Renewable Energy Project

Legal Decision on Power Cut for Defaulters

A village with 115 inhabitants wants new residents: it offers a house, a job, up to 44 thousand euros in benefits, almost free rent, an annual grant of 8 thousand euros for 3 years, and a 20 thousand euro incentive for businesses in the mountains of Italy.

NASA is offering US$ 750,000 to people from anywhere in the world who solve a problem that could decide survival on Mars: creating food for astronauts without relying on resupply from Earth.

Belgium will sink 23 giant concrete caissons, each weighing 22,000 tons, in the North Sea to build the world’s first artificial energy island 45 km off the coast, forming offshore electrical walls.

New microwave that can replace three appliances hits the market: Sharp launches 3-in-1 model that combines air fryer, convection oven, and heating in 0.9 cubic feet for small kitchens

While Brazil has been discussing bullet trains for 16 years, China delivers 5 new high-speed lines in 2026, surpasses 50,000 km of HSR, and moves 1 billion passengers in a single year.

While countries spend billions to draw water from the sea, a Nobel-winning scientist creates a container-sized machine that extracts up to 1,000 liters per day from dry air and uses ultrasound to release water in minutes, even in the middle of the desert.

With an 88-meter wingspan, a capacity of 250 tons, six engines, and 32 wheels, the Ukrainian giant became the greatest symbol of extreme air transport and one of the most impressive machines in aviation history.

While Petrobras operates at 7,000 meters in the pre-salt layer, China is extracting oil and gas at 10,910 meters onshore — Shenditake 1 is the world’s first onshore well to exceed 10 km.

Brazil discovers natural hydrogen in four states and enters the silent race that could redraw the energy transition: Petrobras has already invested R$ 20 million in studies.

Trump promises transparency in Venezuela’s oil, but secret deals and corruption allegations continue to surround the billion-dollar sector.

Oil near US$100 raises tension on Wall Street and amplifies global fear about inflation, energy, and the Middle East crisis

Oil moves trillions worldwide, dominates energy generation, and continues to be a strategic resource for major global powers.

While the world spends energy to refrigerate food, Japanese architects create a wooden refrigerator powered by snow that preserves rice without a compressor, helps mountain farmers, and transforms extreme cold into profit in the countryside.

Submarine robot Redwing departs on a historic 5-year mission to attempt to circumnavigate the globe without a crew, silently crossing oceans while measuring temperature, salinity, and currents to predict hurricanes and climate change.

A 60 m² steel frame house is completed in 40 to 90 days for R$ 2,800 per m² installed, generates only 1% waste compared to up to 30% for conventional masonry, and can already be financed by Caixa for up to 30 years with the use of FGTS.

A 1960s luxury bus that belonged to the family of Mamonas Assassinas has been transformed into accommodation with a hot tub, skylight, and a deck overlooking rock formations in Alfredo Wagner, 130 kilometers from Florianópolis, and is already accepting reservations via Airbnb.

The wall that tries to stop plastic in Amsterdam is not made of concrete, it is hidden at the bottom of a canal, no one sees it from afar, and uses only bubbles to push trash to the bank without stopping boats or blocking fish.