CINTA NATOMAS

The FPSO P-78 can produce up to 180,000 barrels per day and will increase the gas supply.Petrobras began oil production from the P-78 floating production, storage and offloading (FPSO) vessel in the Búzios field, in the pre-salt layer of the Santos Basin, this Wednesday, December 31, 2025. Búzios 6 (P-78) has the capacity to produce 180,000 barrels of oil and 7.2 million m³ of gas per day. The FPSO will increase the field's installed production capacity to approximately 1.15 million barrels of oil per day. Furthermore, this project will allow for the export of gas to the mainland via interconnection with the ROTA 3 gas pipeline, expanding Brazil's gas supply by up to 3 million m³ per day.

Taiwan remained on high alert on Wednesday after China staged massive military drills around the island the previous day, keeping its emergency maritime response centre running as it monitored Chinese naval manoeuvres, the coast guard said.The exercises named "Justice Mission 2025" saw China fire dozens of rockets towards Taiwan and deploy a large number of warships and aircraft near the island, in a show of force that drew concern from allies in the region and the west.Beijing announced late on Wednesday the completion of the drills, saying its military would remain on high alert and continue to strengthen their combat-readiness.

If 2025 proved anything for Germany’s shipbuilding and marine equipment sector, it is that the industry retains both resilience and relevance, even amid geopolitical turbulence. According to The Association for Shipbuilding and Marine Technology (VSM), the year closed with strong order activity, renewed investor confidence and a clear signal that German yards and suppliers remain essential to Europe’s maritime industrial base.One of the year’s most tangible confidence boosters came early. In January, the shipyards in Flensburg and Rendsburg found new owners from within the maritime industry just weeks after insolvency proceedings began.

China launched its most extensive war games around Taiwan on Monday to showcase Beijing's ability to cut off the island from outside support in a conflict, testing Taipei's resolve to defend itself and its arsenal of U.S.-made weapons.The Eastern Theatre Command said it had deployed troops, warships, fighter jets and artillery for its "Justice Mission 2025" exercises to encircle the democratically-governed island, conduct live fire and simulated strikes on land and sea targets, and drills to blockade Taiwan's main ports.

China received 22 shipments of liquefied natural gas (LNG) last year from two export projects in Russia sanctioned by the United States and European Union, shiptracking data showed.One shipment was from Portovaya and the rest were from the Arctic LNG 2 project, showed data from Kpler and LSEG.The U.S. and EU have sanctioned the projects to curb revenue reaching Russia following its invasion of Ukraine.Chinese state-owned China National Petroleum Corp (CNPC) and China National Offshore Oil Corporation (CNOOC) each own 10% of the Arctic LNG 2 project.All of the shipments were delivered to the Beihai LNG Terminal in China's southwestern Guangxi region.