Energy/Automotive news,commentary and analysis | July 30, 2025 – Midday

London, July 30, 2025 (Oilandgaspress) –-Occidental (NYSE: OXY) announced today that its Board of Directors declared a regular quarterly dividend of $0.24 per share on common stock, payable on October 15, 2025, to stockholders of record as of the close of business on September 10, 2025.


Scientists have developed “Superwood” by treating wood scraps with heat and chemicals, creating a material that’s bulletproof, fire-resistant, and stronger than steel. This lightweight wood could replace steel, concrete, and carbon fiber in many applications.
Superwood doesn’t burn or sag like steel in fires. Its outer layer carbonizes, protecting the inside from heat. InventWood is now bringing Superwood to market, starting with home siding and aiming for broader uses soon. Sold now by InventWood, a firm that amassed $50 million in startup money from a mixture of Dept. of Energy grants and private financing, Chief Executive Alex Lau believes it could replace steel I-beams in houses or even the exterior of a laptop computer—all depending on what machines are available to work the Superwood. Read More


IREC is a Member of the Solar for All Community Power Coalition. In April 2024, the EPA awarded $7 billion to support solar adoption and capacity through the Solar For All (SFA) program. Solar For All funds were awarded to nonprofits, territories, Tribal governments, communities, states, and a wide variety of community-focused organizations.

As a sub-awardee on a Solar For All program, IREC is excited to announce its efforts to support solar workforce development, with a focus on community solar and multifamily installations.

IREC is a member of a team led by Inclusive Prosperity Capital (IPC), a boundaryless nonprofit green bank. IPC leads the Community Power Coalition (CPC), which is funded under Solar For All to build capacity for mission-driven community and multifamily solar developers and expand solar and storage in low-to-moderate income households and communities.

As a member of the CPC, IREC plays a pivotal role in leading the team’s workforce development coordination efforts. These efforts aim to link community and multifamily solar developers and contractors with organizations in their communities that can help them hire qualified candidates that they might not otherwise reach. The result will be increased opportunities for members of these communities to obtain “high road” careers in the solar industry, and improved hiring and staffing outcomes for participating developers and contractors.

Other members of the coalition are Black Owners of Solar Services (BOSS), the Clean Energy Group, the Coalition for Community Solar Access, Community Housing Capital, GRID Alternatives, the People’s Solar Energy Fund, ROC-USA, Sustainable Underwriting for Resiliency & Efficiency, LLC (SURE), Neighbor Works Capital, and the University of New Hampshire.


IREC and IWSI America Celebrate Milestone Apprenticeship Surge The Interstate Renewable Energy Council (IREC), Institute for Workplace Skills and Innovation (IWSI) America, and other partners today announced the release of a 2025 report, Expansion of Registered Apprenticeship Programs in Clean Energy, highlighting the transformative impact of the Apprenticeships in Clean Energy (ACE) Network. This collaborative effort is expanding Registered Apprenticeship (RA) programs across the clean energy sector, supporting one of the fastest-growing industries in the U.S. economy.

Clean energy jobs now employ nearly 3.5 million Americans and are growing at twice the rate of overall U.S. job growth. Yet the rapid evolution of this sector has exposed a critical gap: a shortage of standardized, scalable, and industry-aligned workforce training.

Enter the ACE Network, led by IREC and supported by IWSI and eight other partner organizations. The ACE Network provides technical assistance and vetted resources to help employers, training providers, and other organizations start or join Registered Apprenticeship programs. This initiative was supported by U.S. Department of Labor (DOL) funding through June 2025. The ACE Network will continue to provide free technical assistance to support Registered Apprenticeships in clean energy and build on the achievements that are documented in this report.


Energean invests in the Irena gas field development, offshore Croatia, Energean announce that it, alongside its partner INA – INDUSTRIJA NAFTE d.d. (“INA”), have taken Final Investment Decision (“FID”) for the development of the Irena gas field,
offshore Croatia. Energean has a 70% working interest (“W.I.”) in the project. The development plan is for a single platform tie-back to the existing infrastructure at the Izabela field. First gas is expected in H1 2027. Irena project overview The Irena gas field is located in the Izabela concession, which is operated by Edina d.o.o., a 50:50 joint venture between Energean and INA. Energean has a 70% W.I. in the concession.

The concession is located in shallow water, with a water depth of around 45 metres.

P50 reserves are approximately 30.5 Bcf gross (5.4 mmboe).

First gas from the Irena field is expected in H1 2027, with peak production anticipated at around 8-10 mmscfd gross (1,400-1,700 boe/d).

The total estimated capital expenditure for the project is EUR 71 million (100% gross), with Energean’s share at EUR 50 million (70% W.I.).

Energean’s net entitlement gas will be sold under its long-term Gas Sales Agreement with INA


Mercedes-Benz pauses EV deliveries to the US Mercedes-Benz will pause deliveries of its EQ electric range to the United States, the carmaker said on Wednesday as it responded to slowing demand and high inventories at dealerships.

Since President Donald Trump’s spending bill earlier this month cut tax EV credits sooner than anticipated, analysts have warned that the U.S. electrification drive will underperform expectations this year. The group’s CEO Ola Kaellenius told reporters on Wednesday that despite the slower trajectory, he expected U.S. consumers to buy more EVs over time.

Presenting the company’s second-quarter results, he said: “We don’t believe that the BEV demand in the United States goes to zero: we still think that the medium to long-term adoption rate of BEVs in the U.S. will creep upwards.”

The carmaker said in February that it would make more petrol and diesel cars than EVs in its new product range. It said it was targeting 19 new combustion engine models and 17 battery-electric cars by the end of 2027, after its battery-electric sales collapsed by a quarter last year.


BP continuing quality assessment of BTC oil . BP, the operator of the Baku-Tbilisi-Ceyhan (BTC) oil pipeline, said on Wednesday it was continuing its extensive quality assessment of Azeri BTC oil by taking samples before each loading at the terminal.Organic chloride contamination in Azeri BTC crude cargoes was discovered last week, sending price differentials to a four-year low and causing several days’ delay in loadings from Turkey’s BTC Ceyhan terminal.BP also said that it was working closely with Azerbaijan’s Socar to manage the off-spec crude in storage at the terminal, while export operations are continuing.

A total of six cargoes of Azeri crude have loaded since the organic chloride contamination was first reported on July 22, according to data from analytics firm Kpler.


Renault Group appoints François Provost as Chief Executive Officer and Director, The Renault Group Board of Directors, meeting today under the chairmanship of Jean-Dominique Senard, decided, following recommendation from the Governance and Remuneration Committee, to appoint François Provost as Chief Executive Officer of Renault S.A. and Chairman of Renault s.a.s., effective July 31, for a term of four years. The Board also appointed François Provost as Director of Renault S.A. and Renault s.a.s.

Previously Chief Procurement, Partnerships and Public Affairs Officer, François Provost is an experienced executive with 23 years of service within the Group. With a strong international experience in both operational and strategic roles, an in-depth understanding of the sector’s challenges, and a strategic vision, François Provost has the qualities required to continue and accelerate the development of Renault Group. Furthermore, his attributes will ensure the continuity of the Group’s development, particularly internationally, and through partnerships, capitalise on its strategic agility, and maintain high performance standards, in full respect of the company’s values.


Halliburton launched LOGIX™ automated geosteering, a part of the LOGIX™ automation and remote operations family of solutions, that optimizes geological interpretation and well placement. The service combines automation, machine learning, and advanced geological insights to position the wellbore and maximize reservoir contact. The service updates and projects geological models to enable well trajectory optimization in real time. Advanced algorithms and machine learning technology help provide uniform, repeatable, and unbiased geological interpretations that empower customers with accurate data and faster diagnosis.

LOGIX™ automation and remote operations family of solutions includes well construction services that deliver reliability, consistency, and efficiency to maximize asset value for our customers.


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OilandGasPress Energy Newsbites and Analysis Roundup | Compiled by: OGP Staff, Segun Cole , victor@oilandgaspress

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