Daily Energy Price Update Brent $69.47/bbl, WTI Crude $65.00/bbl,Gas $2.90/MMBtu
London, September 26, 2025, (Oilandgaspress) –––European automakers remain divided over the EU’s transition to electric vehicles (EV), with executives warning that rigid policy timelines could erode Europe’s competitiveness in internal combustion engines.
Executives from Mercedes-Benz, BMW and Stellantis described the EU’s planned 2035 ban on the sale of new petrol and diesel cars as “unrealistic,” calling for continued development of hybrids, range-extended EVs and smaller combustion engines.
While actively promoting their new electric models at the 2025 International Motor Show Germany (IAA Mobility) in Munich, which concluded earlier this month, executives of some automakers have also urged a delay to the EU’s planned 2035 ban on new petrol and diesel cars. Read More
Is Corporate ESG retreating. Is Sustainability under political fire. Are Coalitions dissolving. Are Climate commitments apparently dead.?. Under closer examination, however, a more nuanced picture emerges: Although a fraction of companies have pulled back, many more are staying the course, or even doubling down. They’re just doing it quietly. Despite headlines declaring the collapse of corporate ESG, a new study of 75 firms across the world found that only 13% have retreated from sustainability, while 85% have held steady or accelerated efforts—often under the radar.
In an observational, mixed-methods study, by Neil Hawkins and Kelly Cooper They tracked strategic shifts across 75 global companies—including the top 25 companies by market capitalization in the S&P 100, STOXX Europe, and Fortune 500—from April 2024 to May 2025. Combined with insights from 15 expert interviews, we identified how companies are adapting their sustainability strategies. This original data set serves as one of the first comprehensive, time-sensitive analyses of how political pressure is actively reshaping corporate strategy in real time, providing a high-resolution snapshot of the landscape now confronting boards and executive teams. Read More
| Oil and Gas Blends | Units | Oil Price | Change |
| Crude Oil (WTI) | USD/bbl | $65.00 | Up |
| Crude Oil (Brent) | USD/bbl | $69.47 | Up |
| Bonny Light 25/09/25 CBN | USD/bbl | $70.90 | Up |
| Dubai | USD/bbl | $70.24 | Up |
| Natural Gas | USD/MMBtu | $2.90 | Up |
| Murban | USD/bbl | $70.95 | Up |
| OPEC basket 25/09/25OPEC | USD/bbl | $71.50 | Up |
| At press time September 26, 2025 . |
Baker Hughes Rig Count: : International -3 to 1076, :U.S. +7 to 549 Canada +1 to 190
U.S. Rig Count is up 7 from last week to 549 with oil rigs up 6 to 424, gas rigs down 1 to 117 and miscellaneous rigs up 2 to 8.
Canada Rig Count is up 1 from last week to 190, with oil rigs up 1 to 129, gas rigs unchanged at 60 and miscellaneous unchanged at 1.
International Rig Count is down 3 from last month to 1,076 with land rigs down 3 to 833, offshore rigs unchanged.
The Worldwide Rig Count for August was 1,793, up 7 from the 1,786 counted in July 2025, and down 153, from the 1,946 counted in July 2024.
| Region | Period | Rig Count | Change |
| U.S.A | September 26, 2025 | 549 | +7 |
| Canada | September 26, 2025 | 190 | +1 |
| International | August 2025 | 1076 | -3 |
| Baker Hughes |
More Energy, Oil & Gas Stories !!! �The squeaky wheel gets the oil�
OilandGasPress Energy Newsbites and Analysis Roundup | Compiled by: OGP Staff, Segun Cole , victor@oilandgaspress
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