Petroleum Reduces Pressure in Renewable Energy, with Return on Oil Price

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In recent years, solar and wind generation projects have gained space in the energy transition agenda of oil spills. But a combination of factors is leading to a weight in the wind: lower oil prices, cost reduction pressure and a geopolitical shock in Latin America. The capture of Venezuelan President Nicolas Maduro for US forces at the beginning of the year reopened the debate around his vast oil and gas resources. The episode resumed the appet…