Oil and gas/Energy / Automotive News to April 28, 2025, Latest
London, April 28, 2025 (Oilandgaspress) –- Saudi Arabia’s exports of goods and services – excluding oil – hit a record SAR515 billion ($137 billion) last year, the state-run SPA news agency reported, as the world’s second largest oil producer seeks to diversify its economy away from hydrocarbons. The exports, which include re-exports, rose 13 percent over the last year and have more than doubled in the nearly 10 years since 2016 when Saudi Arabia released its Vision 2030 economic transformation and social development strategy, SPA said, citing the Saudi Exports Development Authority (Seda). Exports of non-oil goods, including petrochemicals, rose 4 percent to SAR217 billion, the SPA said. Petrochemicals were up 2 percent. Read Related News
Dana Recognized as ‘2025 Supplier of the Year’ by FleetPride Dana Incorporated (NYSE: DAN) was presented the 2025 Supplier of the Year Award by FleetPride, the nation’s largest independent distributor of aftermarket heavy duty parts and service. The award was presented to Dana by Michael Keller, vice president of category management and strategic sourcing for FleetPride.
“This award is given to the supplier partner who excelled in all aspects of Communication, Partnership, Innovation, Training, and Growth,” said Keller on stage at the Supplier Summit. “This supplier built strong working relationships across our organization, they communicated frequently and transparently. They fielded thousands of customer calls via a real-time call center. They focused on product innovation while also supporting program enhancements and initiatives… often being the first to sign up for new and recurring marketing opportunities. In addition, they utilized data to their advantage, supported FleetPride’s digital efforts, and they utilized scorecard reporting to drive continuous improvement. It’s an honor to announce this year’s Supplier of the Year award winner – Dana Spicer!” . Read Related News
Mercedes-Benz Trucks aims to win a GUINNESS WORLD RECORDS™ title with eActros 600 Mercedes-Benz Trucks is planning an unusual activity to draw attention to topics relevant to the transport industry and society: electrification, road safety and truck driver image. For this purpose, the manufacturer will have its new e-flagship, the battery-electric eActros 600 long-haul truck, including a semitrailer, reverse more than 100 kilometers without a break. Mercedes-Benz Trucks intends to bring the previous GUINNESS WORLD RECORDS title from 2020, which stood at around 89 kilometers and was set in the USA with a diesel truck, back to Germany. The drive in reverse is scheduled to take place in Oschersleben in the German state of Saxony-Anhalt on June 4th. Mercedes-Benz Trucks plans to set the new record on a closed-off track and then, independently of the record attempt, to reverse around 30 kilometers on public roads. The finishing line is at the Daimler Truck Global Parts Center in Halberstadt, also in Saxony-Anhalt. The new location will officially open on July 10th. Starting this year, it will gradually take on worldwide deliveries of spare parts for Mercedes-Benz Trucks. . Read More
Citroën reaffirms its ambition to be a major player in the energy transition On the evening of Saturday 4 July 1925, the name Citroën was projected in letters of light onto the Eiffel Tower. André Citroën had signed up to the crazy project of the engineer Fernand Jacopozzi: to illuminate the most famous of the monuments of the French capital. Illuminated, André Citroën is not. He understood the audacity of the technical challenge, the global impact of the operation, the tremendous advertising potential. André Citroën applied this ability to surprise, innovate and push the boundaries in many areas: production, technologies, style, sales and after-sales processes, human resources management and communication. Fully rooted in society, his ambition was to facilitate the motoring experience in the service of greater freedom of movement and independence.
This ambition fuelled and continues to fuel the work of the Brand in all aspects for more than 100 years. A popular Brand, close to the people, at their side to provide them with mobility solutions that meet their needs. Today, the challenge is the energy transition and the divide that has arisen, leaving many customers unable to afford to replace their car. Innovation must be electric and connected, to offer mobility that is both responsible and affordable... Read Related News
Renault revealing the name of its upcoming C-segment SUV: Boreal. Renault reveals the name of its new C-segment SUV for markets beyond Europe, Boreal. This model is a milestone in its International Game Plan 2027 and illustrates the brand’s fresh worldwide ambition. Renault Boreal will launch in Latin America and progressively reach more than 70 countries.
True to tradition, Renault put a lot of thought into the name. Boreal is unprecedented in the line-up and its inspiration comes from the French language, making a statement about its roots. Soft and harmonious, it is an invitation to escape and discover endless horizons.
The name perfectly encapsulates the values that the SUV stands for: technology, status and comfort. Renault will officially present Boreal in Brazil in the coming months. . Read More
Zeekr 9X is a Chinese SUV that looks like a Rolls-Royce Cullinan The 9X SUV has been unveiled at the Shanghai Auto Show where it has – surprisingly – drawn comparison to the enormous Rolls-Royce Cullinan… but for a fraction of the cost.
Exact pricing of the large Chinese family car is not yet known but is rumoured to start from as little as £50k. That’s some saving on the £300k commanded by the Roller equivalent.
But it’s not just the price that stands to make the 9X appealing; the plug-in hybrid drivetrain promises more than 186 miles of EV-only driving combined with supercar performance.
And Zeekr is ready to rattle the established Western luxury SUV market with its uber-luxurious interior and the practicality that positions it against big names like the Range Rover. . Read Related News
Baker Hughes Rig Count: U.S. +2 to 587 Canada -6 to 128
| Region | Period | Rig Count | Change |
| U.S.A | 26 April 2025 | 587 | +2 |
| Canada | 26 April 2025 | 128 | – 6 |
| International | March 2025 | 899 | -6 |
Sinopec Global Energy Outlook 2060 Report Released China Petroleum & Chemical Corporation (Sinopec) officially released the first Global Energy Outlook 2060 report (the “Report”) on April 21 at the overseas launch event for China’s energy and chemical industry reports held in Riyadh, Saudi Arabia. Two more reports, the China Energy Outlook 2060 (2025 Edition) and the 2025 China Energy and Chemical Industry Outlook, were published at the event as well.
This is Sinopec’s third overseas release event in Saudi Arabia, strengthening collaboration on energy transition and promoting academic and business exchanges. The Report marks the first time a Chinese enterprise has published a mid- to long-term global energy outlook overseas, using innovative research for improved forecasts. It predicts global primary energy consumption will peak at 26.71 billion tonnes of standard coal by 2045, with renewables comprising 51.8% by 2060. Energy consumption will slow to 25.25 billion tonnes by 2060, with oil and gas making up 35.7%.
Oil consumption will peak at 4.66 billion tonnes in 2030, shifting focus from transportation to industrial raw materials, while still accounting for 40% of transportation energy by 2060. Non-fossil energy will see major growth: hydrogen use will rise from 2% in 2023 to nearly 50% by 2060, exceeding 340 million tonnes annually. CCUS capacity will expand to 110 million tonnes by 2030 and 4.7 billion tonnes by 2060, driving the energy transition. . Read More
Oil prices decline across the board
| Oil and Gas Blends | Units | Oil Price | Change |
| Crude Oil (WTI) | USD/bbl | $61.62 | Down |
| Crude Oil (Brent) | USD/bbl | $65.42 | Down |
| Bonny Light 28/04/25 CBN | USD/bbl | $68.32 | Down |
| Dubai | USD/bbl | $65.61 | — |
| Natural Gas | USD/MMBtu | $3.14 | Up |
| Murban Crude | USD/bbl | $65.71 | Down |
| OPEC basket 25/04/25 | USD/bbl | $68.74 | Down |
More Energy, Oil & Gas Stories !!! �The squeaky wheel gets the oil�
OilandGasPress Energy Newsbites and Analysis Roundup | Compiled by: OGP Staff, Segun Cole @oilandgaspress.
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