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Petrobras oil & natural gas output up 4% in Brazil in June to 2.4M boed

Green Car Congress

Petrobras’ oil and natural gas output in Brazil was 2,407,366 barrels of oil equivalent per day (boed) in June, 4% more than the 2,315,117 barrels produced a year earlier and a 2% increase over May 2011. Figuring in the exclusive production of oil from domestic fields, the company had an increase of 2.2% This was 6.9%

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Chinas CNOOC to acquire Canadian oil sands producer OPTI for $2.1B

Green Car Congress

an indirect wholly-owned subsidiary of CNOOC, will acquire oil sands producer OPTI Canada Inc for approximately US$2.1 The principal asset of OPTI consists of a 35% working interest in the Long Lake and three other oil sands project areas located in the Athabasca region of northeastern Alberta. CNOOC Luxembourg S.a

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Petrobras Announces New Discovery in the Deepwater Caratinga Field; Production Up 3.2% in April

Green Car Congress

Petrobras announced the discovery of two new light oil accumulations (29° API) in reservoirs in the post- and pre-salt layer in deep Campos Basin waters. The recoverable volumes are estimated at about 105 million barrels of oil equivalent there. The exclusive oil production in domestic fields was 2,032,620 barrels per day, 2.9%

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EV myths busted: Are electric vehicles actually good for the environment?

Drive Electric

million tons), Argentina (2 million tons) and China (1 million tons). The good news is, most analysts suggest it will never see the shortages, cartels or sales restrictions that oil does. Battery metals vs. oil as a source of tension and instability. Lithium is abundant on five continents. What about other battery components?

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EV myths busted: Are electric vehicles actually good for the environment?

Drive Electric

million tons), Argentina (2 million tons) and China (1 million tons). The good news is, most analysts suggest it will never see the shortages, cartels or sales restrictions that oil does. Battery metals vs. oil as a source of tension and instability. Lithium is abundant on five continents. What about other battery components?