10 Feb As Reported Today 10 February 2026
(Oilandgaspress) BP is seeking a license from the U.S. government to develop its Manakin-Cocuina gas field that crosses the border between Trinidad and Tobago and Venezuela, its interim CEO Carol Howle told Reuters on Tuesday.. Related News
Nuclear power will therefore remain a cornerstone of France’s energy strategy six new EPR nuclear reactors will be included in the energy programme, with eight additional reactors listed as an option, in line with President Emmanuel Macron’s 2022 commitments. At the heart of the strategy is a major objective: raising electricity’s share of France’s total energy consumption to 60% by 2030, up from around 30% today. Related News
Dozens of flights to and from Havana and other Cuban airports have been cancelled after the island’s aviation authorities warned that no fuel is available for the next month. In an executive order that took effect on 30 January, Donald Trump claimed: “The policies, practices, and actions of the government of Cuba directly threaten the safety, national security and foreign policy of the United States.” The US president said that punitive tariffs would be imposed on any “country that directly or indirectly sells or otherwise provides any oil to Cuba”. As a result, supplies have dried up. The island’s aviation authorities have warned in a Notice to Air Missions (Notam) that “Jet A1 Fuel Not Avbl [available]” from 5am GMT on Tuesday 10 February, until the same time on 11 March. The warning applies to the Cuban airports of Havana, Varadero, Santiago de Cuba, Holguin, Santa Clara, Cayo Coco and others.
As a result, Air Canada has cancelled its entire weekly programme of 32 flights between Canadian and Cuban airports. Related News
BMW Group’s Hams Hall plant, located in the UK, has reached a major milestone: For exactly 25 years, the plant near Birmingham has produced highly efficient internal combustion engines for a variety of BMW Group vehicle models. More than 7.6 million engines have shipped from Hams Hall since 2001. The facility supplies numerous production sites worldwide with highly efficient petrol engines for the BMW, MINI and Rolls-Royce brands, including drive trains for plug-in hybrid models – making the plant an integral part of the BMW Group’s technology-open approach. Today, Plant Hams Hall produces three and four-cylinder petrol engines to high performance V8 engines, powering vehicles across both BMW and MINI. Separately, the V12 engine is produced at Plant Hams Hall exclusively for Rolls-Royce Motor Cars. Its assembly follows a distinct, bespoke production process, carried out by specially trained engineers and technicians, before final delivery to the Home of Rolls-Royce at Goodwood. Related News
BMW Group Plant Munich is entering the next phase, as the plant launches production of the first near-series test vehicles for the new BMW i3*. This marks the beginning of the final preparation phase for the start of series production in the second half of 2026.
“Production of pre-series vehicles is an important milestone for our plant,” says Peter Weber, Head of BMW Group Plant Munich. “For the first time, we have built a BMW i3 entirely at our plant – using state-of-the-art manufacturing technology and digitally connected processes. With production now close to series maturity, our logistics and production processes are performing under real-world conditions across all technologies: in our modernised press shop, the new body shop, the state-of-the-art paint shop and the new assembly area, as well as the innovative logistics structures. Over the coming months, we will apply the lessons learned from the ramp-up to further refine the processes for series production and ensure a smooth series launch.” On the road to series production. Integration of new models begins with pre-series vehicles – a crucial step in gearing up for future series production. Related News
The Trump administration is expected this week to revoke a scientific finding that has long been the central basis for US action to regulate greenhouse gas emissions and fight climate change, according to a White House official.
The Environmental Protection Agency (EPA) is expected to issue a final rule rescinding a 2009 government declaration known as the endangerment finding. “This week at the White House, President Trump will be taking the most significant deregulatory actions in history to further unleash American energy dominance and drive down costs,” White House press secretary Karoline Leavitt said in a statement. Related News
Britain secured a record amount of solar power in an auction offering guaranteed electricity price contracts to renewable projects, the government said on Tuesday, as it seeks to meet its clean energy targets and drive down costs.A total of 6.2 gigawatts of onshore wind, solar and tidal power projects won contracts with the bulk, some 4.9 GW, going to solar.. Related News
The European Parliament has approved by a large majority the European Union’s new climate target to reduce greenhouse gas emissions by 90% compared to 1990 levels by 2040.
The new target still needs to be endorsed by EU countries, which is expected for March and considered a formality. Under the deal, 5% of the required reductions can be achieved through international offsets.
This means investments in countries outside the EU, for example to extract climate-damaging emissions from the atmosphere, can be converted into carbon credits and counted as domestic reductions from 2036. Related News
EIA raises natural gas price forecast following increased heating demand amid severe winter weather
Natural gas prices rose sharply in January, averaging $7.72 per million British thermal units (MMBtu), as cold weather increased heating demand, reduced production, and led to record storage withdrawals during Winter Storm Fern. The drawdown for the week ending January 30 was the largest weekly net withdrawal recorded in the history of EIA’s Weekly Natural Gas Storage Report. .Related News
BP has halted share buybacks after reporting weaker annual profits as it prepares to continue a plan to resuscitate its fortunes under a new chief executive. The decision contributed to a 6% fall in BP’s share price on Tuesday, and the decision to suspend its buy-backs for the rest of the year is expected to pile pressure on the company to win over investors with a new strategic vision after its failed attempt to pursue a green agenda. .Related News
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OilandGasPress Energy Newsbites and Analysis Roundup | Compiled by: OGP Staff, Submit your Releases or contact us now!, victor@oilandgaspress.com
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