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bp starts oil production at Argos platform in the Gulf of Mexico; first new platform since 2008

Green Car Congress

bp has successfully started oil production at its Argos offshore platform, strengthening bp’s position as a leading producer in the deepwater US Gulf of Mexico. bp now operates five production platforms in the deepwater Gulf of Mexico: Argos, Atlantis, Mad Dog, Na Kika and Thunder Horse. Earlier post.)

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DOE estimates EV battery pack costs in 2022 nearly 90% lower than in 2008

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The Department of Energy’s (DOE’s) Vehicle Technologies Office estimates the cost of an electric vehicle lithium-ion battery pack declined 89% between 2008 and 2022 (using 2022 constant dollars). The 2022 estimate is $153/kWh on a usable-energy basis for production at scale of at least 100,000 units per year.

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DOE estimates that EV battery pack costs in 2021 are 87% lower than in 2008

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Research by the Department of Energy’s (DOE) Vehicle Technologies Office estimates the cost of an electric vehicle lithium-ion battery pack declined 87% between 2008 and 2021 (using 2021 constant dollars). That compares to $1,237/kWh on a usable-energy basis in 2008. 100,000 units per year. 2021 is estimated.

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Annual petroleum production in the US more than doubled from 2008 to 2018

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Annual petroleum production in the United States doubled from 6.8 million barrels per day (mmbd) in 2008 to 15.3 Record levels of production began when the 11.8 mmbd in 2018, according to the US Department of Energy (DOE). mmbd in 2014 topped the previous high of 11.3 mmbd from 1970.

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ExxonMobil announces 6th oil discovery offshore Guyana with Ranger-1; Guyana may move from non-producer to regional powerhouse

Oil (..)

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Bosch begins electric motor production in Charleston; more than $260M in new investment

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Bosch has begun production of electric motors at its Charleston, S.C. Additionally, the company plans to invest more than $260 million to expand further the production of electrification products at the site, which is expected to create at least 350 net new jobs by 2025. manufacturing facility. methods to gain more efficiency.

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Udokan Copper to cut carbon intensity of copper production up to 75% by 2035

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Russia-based Udokan Copper , the developer of Russia’s largest new copper deposit, outlined scenarios to cut the carbon intensity of copper production up to 75% by 2035, bringing the company closer to its ultimate goal of climate neutrality in the long run. In 2021, Udokan Copper invested RUB 764 million (US$11.5

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