(Oilandgaspress) Uniper Global Commodities SE and Vermilion Energy Germany GmbH & Co. KG have entered into a two-year contract for the supply of Vermilion’s natural gas production in Germany to Uniper. Under the agreement, Vermilion will sell all low and high calorific natural gas from...
(Oilandgaspress) –––President and Chief Executive Officer of Dangote Group, Aliko Dangote, reportedly said that the four refineries owned by the Nigerian National Petroleum Corporation NNPC Limited would not attract buyers even if they were put up for sale, citing regulatory failures and a poor investment...
ACCIONA Energía has reached an agreement with Mexico Infrastructure Partners (MIP) for the sale of a 49% stake in its 1.3GW photovoltaic portfolio in the United States, together with the full stake in two wind farms in Mexico totaling 321MW, for c. US$1billion (€855 million,...
ACCIONA Energía will begin construction of two new wind farms totalling 194MW in South Africa in the coming weeks. Etana Energy, a leading energy trader in South Africa, will purchase all the renewable electricity generated by the two wind projects –Zen (100MW) and Bergriver (94MW)–...
(Oilandgaspress) In September 2025, total net electricity generation in the OECD reached 906.0 TWh. Of this total, 438.5 TWh (48.4%) was produced from fossil fuels, 319.1 TWh (35.2%) from renewable sources and 144.4 TWh (15.9%) from nuclear power. On a year-to-date basis, total net electricity...
(Oilandgaspress) Vertical Aerospace has introduced a protective barrier to screen the pilot from potential cabin threats such as attackers or drunks. Domhnal Slattey, the Vertical Aerospace chairman, said the change was demanded by customers, including American Airlines and Japan Airlines, after pilots expressed concern about passengers...
(Oilandgaspress) Alef Aeronautics said that it has began production on its Model A Ultralight—a “drive-and-fly” vehicle that it believes will be the first true “flying car” to be delivered to a customer. Alef said the vehicle, which is designed to lift off directly from roads and...
(Oilandgaspress) BW Energy announces that the short-term lease for the Super Gorilla class jack-up rig BW MAROMBA B signed in September 2025 has been successfully converted into a long-term project lease agreement with Minsheng Financial Leasing Co. Ltd. (MSFL).The new lease agreement covers the rig...
(Oilandgaspress) Neste has revised some of its climate targets due to the company’s current financial position and streamlined investment portfolio. Reaching the original climate targets by the previously communicated very ambitious target years would have required significant investments that are currently not realistic. Neste continues...
(Oilandgaspress) KBR announced today that it has been awarded a technology and engineering contract by IGNIS for a new green ammonia facility in A Coruña, Spain. Under the terms of the contract, KBR will provide proprietary engineering design and pre-FEED engineering services to IGNIS for a...
(Oilandgaspress) Based on certified sustainable biofuel, this initiative sets a new benchmark for deep-sea decarbonization, demonstrating that low-carbon solutions are available today.Odfjell’s chemical tankers are now sailing the 5,000-nautical-mile route between Brazil and Europe with substantially lower emissions. The corridor will operate 12-15 voyages per...
(Oilandgaspress) Bunker barge United LNG I has been officially christened in the port of Antwerp. It marks an important moment for shipping company Somtrans, main shipbuilding contractor RensenDriessen and outfitting partners TeamCo Shipyard and Gas & Heat. The vessel will enter service in early 2026,...