The P-84 and P-85 platforms are part of Petrobras’ new generation of FPSO platforms, characterized by a high production capacity that prioritize sustainable practices with innovative technologies. The P-84 and P-85 FPSOs will each have a production capacity of 225,000 bopd and gas processing capacity of 10 MMcmd. SourceContinue Reading
Abu Dhabi National Oil Co.(ADNOC) is likely to reach its 5 MMbpd goal by the end of next year or early 2026, ahead of the 2027 goal the company had set, according to people with knowledge of the operations. The higher capacity will be a potential source of tension as OPEC and its allies deliberates...Continue Reading
The Start Of De-Dollarization: China’s Move Away From The USD | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – May 26, 2024, 2:00 PM CDT The Chinese renminbi (RMB) is growing in popularity in payments both domestically and globally. In 2023 the Renmibi...Continue Reading
The World’s Big Bus Electrification Plan | OilPrice.com Felicity Bradstock Felicity Bradstock is a freelance writer specialising in Energy and Finance. She has a Master’s in International Development from the University of Birmingham, UK. More Info Premium Content By Felicity Bradstock – May 26, 2024, 12:00 PM CDT Electric buses are projected to be adopted...Continue Reading
A Looming Copper Bottleneck Could Derail the Energy Transition | OilPrice.com Haley Zaremba Haley Zaremba is a writer and journalist based in Mexico City. She has extensive experience writing and editing environmental features, travel pieces, local news in the… More Info Premium Content By Haley Zaremba – May 26, 2024, 10:00 AM CDT Global copper production...Continue Reading
U.S. Leaves The Door Open for Oil Majors to Operate in Venezuela | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. More Info Premium Content By Tsvetana Paraskova – May 25, 2024, 7:00 PM CDT The United States...Continue Reading
The U.S. Is Determined to Revolutionize Its Microchip Industry | OilPrice.com Felicity Bradstock Felicity Bradstock is a freelance writer specialising in Energy and Finance. She has a Master’s in International Development from the University of Birmingham, UK. More Info Premium Content By Felicity Bradstock – May 25, 2024, 4:00 PM CDT The US is pouring...Continue Reading
The War for Profitability Within the Wind Industry | OilPrice.com Felicity Bradstock Felicity Bradstock is a freelance writer specialising in Energy and Finance. She has a Master’s in International Development from the University of Birmingham, UK. More Info Premium Content By Felicity Bradstock – May 25, 2024, 12:00 PM CDT After facing setbacks due to...Continue Reading
Beijing is still mulling its expected retaliation in the wake of last week’s Biden administration rollout of steep tariff increases on a series of Chinese tech imports, importantly including computer chips, EV batteries and medical technology products. Wednesday saw shares of European luxury automakers such as BMW, Mercedes-Benz, Tata Motors (Jaguar Land Rover), and Volkswagen...Continue Reading
Could Thailand Become the Next Electric Vehicle Powerhouse? | OilPrice.com Felicity Bradstock Felicity Bradstock is a freelance writer specialising in Energy and Finance. She has a Master’s in International Development from the University of Birmingham, UK. More Info Premium Content By Felicity Bradstock – May 25, 2024, 10:00 AM CDT Thailand, with its established auto...Continue Reading
