Energy/Automotive news,commentary and analysis | December, 05 2025
London, December 05, 2025, (Oilandgaspress) –––Donald Trump on Wednesday announced a sweeping rollback of U.S. federal fuel-economy regulations, scrapping targets adopted under the previous administration that promoted electric-vehicle adoption and tight efficiency standards for cars and light trucks. At a White House event attended by the heads of major automakers, the administration unveiled its plan to replace the 50.4 miles-per-gallon (mpg) target for 2031 — set by the National Highway Traffic Safety Administration (NHTSA) under the guidance of the prior administration — with a new standard of roughly 34.5 mpg by 2031.
Under the proposed rule, annual efficiency improvements would be scaled back significantly. The plan effectively lowers the fuel-economy mandate for model-year 2022–2031 vehicles and removes earlier compliance pressures on automakers.
Officials, including Sean P. Duffy, Secretary of Transportation, defended the rollback, arguing the previous targets were impractical and had effectively created an “EV mandate.” They claim the change will reduce manufacturing costs, bring down new-vehicle prices, and expand consumer choice in favour of conventional gasoline vehicles. Many see the move as part of a broader push to reverse the clean-energy and climate policies advanced under the prior administration.
The announcement marks the latest in a series of regulatory reversals aimed at reshaping U.S. auto-industry policy, and signals a renewed emphasis on traditional gasoline-powered vehicle production over electrification. Read More
Nigeria’s rig count as of October 2025 is 69, representing a 762% increase from 8 in 2021. This surge is attributed to renewed investor confidence and growing stability in the country’s petroleum industry. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) expects the number to rise further, reinforcing Nigeria’s position as a viable destination for upstream investment.
Rig Count Breakdown:
- Active Rigs: 40
- Standby Rigs: 8
- Warm Stack Rigs: 5
- Cold Stack Rigs: 4
- Rigs on the Move: 12
The NUPRC has also reported significant achievements, including ¹ ² ³:
- Reduced Crude Oil Losses: 90% decrease from 102,900 barrels per day in 2021 to 9,600 bpd in September 2025
- Increased Crude Oil Production: Average daily production of 1.65 million barrels, expected to reach 2.5 million by 2027
- Investments: Over $40 billion in new investments and $39.98 billion from Field Development Plans Read More
Advance notice of 4th quarter 2025 results and 4th quarter 2025 interim dividend announcement
4 Dec 2025 On Thursday February 5th, 2026 at 07:00 GMT (08:00 CET and 02:00 EST) Shell plc will release its fourth quarter results and fourth quarter interim dividend announcement for 2025. Read More
Oxfordshire,UK-based electric motor manufacturer YASA has unveiled a prototype in-wheel powertrain that could redefine electric vehicles The company revealed on December 3 that its compact motor achieved an unofficial world record for power density, delivering more than 1,000 horsepower (hp) per wheel. This breakthrough could reshape EV design, performance, and efficiency.
At the heart of the system is a 28-pound (12.7-kilogram) electric motor producing 750 kilowatts (1005 hp) of peak power. With a power density of 59 kilowatts (26.7 hp per pound) per kilogram, it far exceeds current industry standards. . Read More
The A390 is the second model in Alpine’s Dream Garage, following the A290 and preceding the future A110, which will also be 100% electric. It will expand the brand’s customer base by attracting new buyers and appealing to professional customers. Its Ampere electric platform and energy services for optimising home charging, including Mobilize Power, the V2G bidirectional charging (in France), make it part of a comprehensive electric ecosystem offering an optimal experience.
The A390 is designed and manufactured entirely in France. at the brand’s historic Manufacture in Dieppe, which is undergoing a transformation that will see it become a bridge between history and the future, both in terms of electrification and production volumes. Its engines are manufactured at the Cléon plant, while its batteries, including the high-performance Verkor battery cells produced in Dunkirk, are assembled in Douai. A true French Alpine through and through, right down to its exclusive tyres supplied by Michelin and its Devialet audio system. Read More
At the Dezeen Awards in London, Hydro wins the “Material innovation of the year” and “Sustainability project of the year” categories at the annual design and architecture awards. The awards were given to Hydro CIRCAL 100R, based on Hydro’s recycling projects where international designers created objects made with 100 percent post-consumer aluminium. The 100R and R100 projects are the first two chapters of Hydro’s Milan series, with highly successful exhibitions at Milan Design Week in 2024 and 2025. By showing recycled aluminium in a new way, the material becomes an easily digestible demonstration of otherwise abstract concepts like “urban mining,” “circular economy,” and even the overall term “sustainability.”
In each of the two chapters, a key element in the story has been the collaboration with international product designers who have designed unique objects with aluminium extrusions. With an open design brief from Hydro, the designers could express their own particular philosophy, and this resulted in 12 different interior design objects. Read More
Three one-off Bentleys, inspired by the masterpieces of Rembrandt, Van Gogh, and Vermeer, were the centrepiece of a unique event at the Rijksmuseum, Amsterdam. Mulliner’s Dutch Masters Collection, is a tribute to craftsmanship, timeless elegance, and the rich heritage of Dutch art.
Over 200 guests from Bentley Leusden, Bentley Rotterdam, and Bentley Maastricht enjoyed a virtual preview of the three Mulliner Bentleys, followed by a magical dinner in the museum’s Gallery of Honour. Mulliner’s ‘Rembrandt’ Continental GT Convertible, ‘Vermeer’ Continental GT and ‘Van Gogh’ Continental GT each capture the colour palettes and motifs of their respective Dutch master, translating their artistic vision into the world of Bentley. .Each of the Mulliner Bentleys in the Dutch Masters Collection comes with a bespoke presentation key box, crafted in the hide colours of their corresponding vehicle. In each case, the box’s laser-etched inner lid displays the individual artist motifs – feather, clouds or night sky. All three models feature Blackline specification, Touring specification and body coloured styling kit, giving their exteriors an air of understated elegance. Wellness seating, mood lighting, diamond knurling, the Bentley rotating display and a Naim for Bentley sound system complete their specification. Read More
Bentley Motors has unveiled a new and enhanced Carbon Fibre Styling Specification for the latest generation Continental GT, GT Convertible (GTC) and Flying Spur models. Providing customers with a compelling way to emphasise the sporting credentials of Bentley’s flagship Grand Tourers, the specification brings a handcrafted, motorsport-inspired aesthetic that couples with the new titanium Akrapovič Exhaust and Blackline Specification to bring a darker, more assertive presence. The Specification builds on the success of the previous generation, where one in four Bentleys were ordered with the Styling Specification. Read More
Lamborghini unveiled a special Temerario Ad Personam last night at an exclusive event in Miami Beach. Presented to an audience of over 500 Lamborghini customers and VIPs at the modernist 1111 Lincoln Road venue, this unique interpretation of the Temerario showcases special paintwork and refined color and trim details that highlight the limitless possibilities of the Ad Personam personalization program. Powered by an all-new twin-turbo V8 hybrid powertrain that redefines performance, driving enjoyment and comfort, the Temerario is the only production super sports car capable of reaching 10,000 rpm – securing its place in a class of its own.The Temerario is conceived and built at Lamborghini’s Sant’Agata Bolognese headquarters, the brand’s beating heart and a hallmark of Made-in-Italy excellence, where innovation, technology, and sustainability converge through cutting-edge processes and meticulous artisanal expertise. Customer deliveries are set to begin in the first quarter of 2026, marking the start of a new chapter for the model. Read More
Audi will celebrate a very special anniversary in 2026: 50 years of the five-cylinder engine. The brand with the four rings first introduced this engine in 1976 in the second-generation Audi 100. This was followed by upgrades and new developments with turbocharging, exhaust gas purification, and four-valve technology, rally engines, and five-cylinder diesel engines. Currently, the 2.5 TFSI in the Audi RS 3* continues the great tradition of five-cylinder engines
Audi’s five-cylinder engines have cult status and are deeply rooted in the Audi DNA. They have played a decisive role in shaping “Vorsprung durch Technik” – on the one hand with numerous successes in motorsport, and on the other, by virtue of their outstanding performance in series production. To this day, the 2.5 TFSI provides a highly evocative driving experience, not least because of its characteristic sound. Read More
“Close-up” – the name of this series from the Mercedes-Benz Museum says it all. Each instalment tells surprising, exciting and interesting stories about vehicles from the exhibition. In the spotlight this time: the Mercedes-Benz CLS 350 CGI in the special exhibition „Youngtimer“, Collection Room 5. Until 12 April 2026, ten vehicles from the 1990s and 2000s will be on display here in a colourful and lively presentation. In the spotlight: What else makes this Mercedes-Benz CLS 350 CGI special? In 2006, it was a technology platform. Not least of all because this show car marked the first appearance of CGI petrol injection in front of a large audience at the Geneva Motor Show. The abbreviation stands for “charged gasoline injection” – a technology that provides additional power and reduces consumption. The V6 engine developed 215 kW (292 hp) from a displacement of 3.5 litres, with the top speed limited to 250 km/h. After its premiere, this petrol injection system went into series production, and the CLS 350 CGI was built on a regular basis from 2006 to 2010. The current special exhibition „Youngtimer“ at the Mercedes-Benz Museum can be seen in Collection Room 5 until 12 April 2026. Read More
The Mercedes-AMG GT3 unites performance and reliability at the highest level. With its aerodynamic shape, wide body, large air intakes, and imposing rear aerofoil, it embodies the presence of a true racing champion. Inside, the cockpit of the Mercedes-AMG GT3 delivers perfect ergonomics and a functional racing atmosphere. CaDA has transformed this motorsport legend into a highly detailed 1:8 scale brick model (59 cm long, 25 cm wide, 17 cm tall), bringing the Mercedes-AMG GT3 experience to collectors and enthusiasts alike.
The design equally emphasizes the excitement of model building with a fundamental understanding of automotive structures and engineering. This is especially evident when looking at the meticulously replicated design features—both inside and out—of the Mercedes-AMG GT3. These include the distinctive radiator grille, front and rear aprons, front splitter, and massive rear aerofoil, as well as the cockpit with its functional, racing car feel. This brick model consists of 5463 parts and needs absolutely no decals. Read More
The 64th edition of the prestigious Rolex 24 At Daytona will take place on 24 and 25 January 2026. The endurance classic at the Daytona International Speedway traditionally marks the start of the IMSA WeatherTech SportsCar Championship. Mercedes-AMG will be represented with five Mercedes-AMG GT3 in the GTD Pro and GTD classes. For the performance and sports car brand from Affalterbach, this marks the start of another title defence mission – with the chance of a hat-trick after championship successes in 2024 and 2025. Read More
Mercedes‑Benz is rolling out the latest software update to customers, enhancing the in-car experience across various dimensions such as entertainment, productivity, and convenience. Among the highlights: spatial audio and video formats and a smart new in-car calendar. These updates are part of the new MBUX 3.3 now available for vehicles around the globe equipped with the third generation[2] of MBUX. With the latest update, passengers can now enjoy Dolby Atmos® audio across selected apps, including Amazon Music, Audible and TIDAL.. Read More
India has ignored the pressure from U.S. President Donald Trump and has signed a deal to expand trade with Russia.
Delhi and Moscow have agreed on an economic co-operation programme to expand and diversify their trade until 2030, Indian Prime Minister Narendra Modi said after summit talks with the Russian President on Friday. Read More
On International Volunteer Day, Eni celebrates exceeding 500 days of work donated by its employees to third sector organizations as part of its ‘Corporate Volunteering’ Program.
In April 2025, Eni launched its corporate volunteering program, which allows its employees in Italy to volunteer for up to two days per year, paid for by the company. Thirty companies in the Eni group have joined the initiative, which aims to contribute directly to the well-being of local communities and strengthen personal and team skills. The initiative is in line with the principles expressed in Eni’s mission and Code of Ethics, which place great value on people and local communities, and aims to promote and enhance the active and voluntary participation of employees in community life, even during working hours, in line with the company’s integrated business model, which promotes sustainable development and the creation of long-term partnerships to generate long-term shared value. Read More
| Oil and Gas Blends | Units | Oil Price | Change |
| Crude Oil (WTI) Oilprice | USD/bbl | $59.49 | Up |
| Crude Oil (Brent) | USD/bbl | $63.13 | Up |
| Bonny Light 05/12/25 CBN | USD/bbl | $65.77 | Up |
| Dubai | USD/bbl | $63.89 | Down |
| Natural Gas | USD/MMBtu | $5.04 | Up |
| Murban | USD/bbl | $65.04 | Up |
| OPEC basket 04/12/25 OPEC | USD/bbl | $63.27 | Up |
| At press time December 05, 2025 . |
Vestas has received a 10 MW order for a wind project from Cementeria Costantinopoli Srl, a leading manufacturer of construction materials, to deliver renewable energy directly to their cement factory in the Basilicata region in Italy.
The wind farm will be located next to the factory and enable Cementeria Costantinopoli to supply energy on-site, covering approximately one-third of its electricity needs with secure, affordable and sustainable power.
The contract includes the supply and installation of three V117-3.45 MW turbines and it includes a 10-year Active Output Management 4000 (AOM 4000) service agreement. Read More
Baker Hughes Rig Count: International +14 to 1,073, U.S. -10 to 544 Canada -7 to 188
U.S. Rig Count is down 10 from last week to 544 with oil rigs down 12 to 407, gas rigs up 3 to 130 and miscellaneous rigs down 1 to 7.
Canada Rig Count is down 7 from last week to 188, with oil rigs down 7 to 121, gas rigs unchanged at 67 and miscellaneous unchanged at 0.
International Rig Count is up 14 from last month to 1,073 with land rigs up 14 to 833, offshore unchanged at 226.
The Worldwide Rig Count for November was 1,812, up 12 from the 1,800 counted in October 2025, and down 95, from the 1,907 counted in November 2024.
| Region | Period | Rig Count | Change |
| U.S.A | November 26, 2025 | 544 | -10 |
| Canada | November 26, 2025 | 188 | -7 |
| International | November 2025 | 1073 | +14 |
Baker Hughes |
Equinor has made two new discoveries of gas and condensate in the Sleipner area of the North Sea. These are Equinor’s largest discoveries so far this year and can be developed for the European market through existing infrastructure. The two wells, Lofn and Langemann in production license 1140, are located between the Gudrun and Eirin fields. Preliminary estimates indicate that the reservoirs may contain between 5 and 18 million standard cubic meters of recoverable oil equivalents, corresponding to 30 to 110 million barrels. Read More
Arab Shipbuilding and Repair Yard (ASRY) has signed new agreements with leading Italian companies Fincantieri and Roboze to boost naval shipbuilding and repair and establish the Kingdom of Bahrain’s first smart plant dedicated to additive manufacturing.
The signing ceremony took place in the presence of His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister of the Kingdom of Bahrain, and Italian Prime Minister Giorgia Meloni.
“These important strategic partnerships will further strengthen ASRY’s capabilities as the leading maritime fabrication and repair facility across the Arabian Gulf region,” said ASRY CEO Dr Ahmed Al Abri.
ASRY’s partnership with Fincantieri, one of the world’s largest shipbuilding groups will see the companies jointly assess opportunities for the design and construction of surface naval vessels up to 80 meters in length for domestic use by the Navy and the Coast Guard. Signed by ASRY CEO Dr Ahmed Al Abri and Eugenio Santagata, General Manager of the Naval Vessels Division of Fincantieri, the partnership agreement will also explore the design and construction of similar-sized offshore units, as well as potential export contracts in the Gulf region. . Read More
Lexus, today, world premiered the Lexus LFA Concept―a battery electric vehicle (BEV) sports car concept model.
Born from the strong conviction of Toyota Motor Corporation (TMC) Chairman Akio Toyoda, aka Master Driver Morizo, that certain car-making techniques and skills must be preserved and passed on to the next generation, the Lexus LFA Concept is a BEV sports car concept model being developed alongside TOYOTA Gazoo Racing’s GR GT and GR GT3. In the footsteps of the Toyota 2000GT and Lexus LFA, the Lexus LFA Concept embodies “Toyota’s Shikinen Sengu*” for preserving and passing down techniques and skills from car-making veterans, and, based on the aspirations of those veterans, not only passes on such techniques and skills to the younger generation but also evolves them. While pursuing both driving performance and styling excellence, Lexus is striving in a one-team effort to create a BEV sports car that exceeds its customers’ expectations.
Lexus intends to continue taking on the challenges of the future of car-making through ever-more refined electrification technologies and inherited techniques and skills. Read More
More Energy, Oil & Gas Stories !!! �The squeaky wheel gets the oil�
OilandGasPress Energy Newsbites and Analysis Roundup | Compiled by: OGP Staff, Victor Cole , victor@oilandgaspress
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