(Oilandgaspress) In line with its renewables business model, TotalEnergies has closed the sale to Asterion Industrial Partners of 50% of its 424 MW wind and solar portfolio in Greece. This transaction values the portfolio at €508 million, equivalent to approximately €1.2 million per MW installed. TotalEnergies...
(Oilandgaspress) Octopus Energy customers can now get their account credit back faster than ever before, thanks to a new tie-up with fintech company GoCardless. Octopus has completed one of the largest Direct Debit migrations in UK history, moving 5.5 million accounts and £12 billion of payments...
(Oilandgaspress) Forest has named Octopus Energy as its official energy partner, with the supplier set to power Forest’s 20,000-strong London e-bike fleet with zero-carbon electricity from December. The partnership makes Forest the only London e-bike operator running both its bikes and service vehicles entirely on...
(Oilandgaspress) Shell Offshore has taken final investment decision on a waterflood project at its Kaikias field in the US Gulf of America to boost oil recovery and extend the life of the Ursa platform. Water injection is expected to start in 2028, supporting higher recovery...
(Oilandgaspress) Masdar has reportedly withdrawn from a consortium seeking to take Nasdaq-listed ReNew Energy Global private, causing the proposed buyout to collapse. ReNew said all discussions were terminated following Masdar’s exit, despite months of negotiations that raised the offer price to $8.15 per share. The...
(Oilandgaspress) The President of the Republic of Uzbekistan, His Excellency Shavkat Mirziyoyev, inaugurated the Nur Bukhara project, the country’s first utility-scale integrated solar and battery project, developed by Abu Dhabi Future Energy Company PJSC – Masdar, a global clean energy leader. The President also formally ‘broke...
(Oilandgaspress) China’s top market regulator has unveiled draft rules aimed at curbing aggressive pricing practices in the automotive sector. The State Administration for Market Regulation warned automakers against using steep discounts to undercut rivals or dominate market share. The draft focuses on price compliance across...
(Oilandgaspress) —Porsche is introducing a full range of modular tools throughout the entire development cycle to do so. The tools can be flexibly adapted to the individual requirements of each project. Industry customers benefit from significantly shorter development cycles, especially when they make maximum use...
(Oilandgaspress) Showcases the new Cayenne Electric for the first time in Turkey.A collaboration between Porsche Central and Eastern Europe (PCEE) and Doğuş Otomotiv (Porsche Türkiye), Porsche Studio Istanbul blends the brand’s design DNA, modern luxury philosophy, and racing spirit with the iconic cultural heritage and...
(Oilandgaspress) Bentley Motors supported more than 270 charitable projects in 2025, partnering with 144 charities across the UK and investing in 24 key local initiatives. Through its Advancing Life Chances strategy, the company reached over 18,500 people, supporting young people and communities in Crewe and...
(Oilandgaspress) XPeng Motors signed an agreement with Malaysia's EPMB Group to officially launch its localized production project in Malaysia. This is XPeng's third localized production project globally, following Indonesia and Austria. The project is scheduled to achieve mass production in 2026, aiming to create a...
(Oilandgaspress) Subsea 7 S.A. announced a contract award by Chevron Australia. The contract covers subsea installation on the Gorgon Stage 3 (GS3) Project, offshore Australia. Subsea7’s scope of work includes project management, engineering, procurement, fabrication, transportation, installation and pre-commissioning of subsea equipment and associated infrastructure...