Suche
Mein Konto
BRICS Blitz: Oil giants are planning mega expansion – Brazil in focus!
BRICS plans $19 million oil production push in 2025 under Brazil's leadership to strengthen its global energy presence.
BRICS Blitz: Oil giants are planning mega expansion – Brazil in focus!
BRICS is on the rise! The powerful economic bloc is reportedly planning a gigantic $19 billion boost to its oil production in 2025. Brazil, which takes over the presidency next year, expects a notable increase in the oil sector. This mega investment will massively increase Allianz's presence on the global stage, because more oil means more influence!
In the last two years, BRICS has stepped up its game. New members were admitted and the dollar faced headwinds. Now the association plans to cement its dominance in the global energy sector. According to the Brazilian Petroleum Institute (IBP), production quotas are expected to rise to 3.6 million barrels per day. An increase of a whopping 6%! This could bring a whopping 120 billion reais into Brazil's coffers. Roberty Ardenghy, President of the IBP, emphasizes: “We are on the way to becoming an increasingly relevant energy center.” Further details and developments are provided watcher.guru.
With this announcement, Brazil is gearing up for a significant role as the country takes the lead in BRICS. A real power play in the global energy scene!