London, December 12, 2025, (Oilandgaspress) ––Dana Gas PJSC has announced a significant new gas find following the successful drilling of the North El-Basant 1 exploration well in Egypt’s onshore Nile Delta. Early results indicate 15–25 billion cubic feet (bcf) of recoverable gas, with production expected...
London, December 12, 2025, (Oilandgaspress) ––Renault Group has integrated its electric charging solutions directly into its commercial operations, advancing its electrification strategy and streamlining services for EV customers. Previously managed by Mobilize Beyond Automotive, these energy services will now fall under the responsibility of Fabrice...
London, December 12, 2025, (Oilandgaspress) ––Capricorn notes the announcements made by Waldorf Production UK Plc (“Waldorf”) and Harbour Energy plc (“Harbour”) earlier today related to the purchase of the Waldorf group by a subsidiary of Harbour (“Transaction”). Capricorn has entered into a lock-up agreement in...
London, December 12, 2025, (Oilandgaspress) ––Porsche has unveiled the 911 GT3 90 F.A. Porsche, a limited-edition model honouring legendary designer Ferdinand Alexander Porsche on what would have been his 90th birthday. Created together with his son Mark Porsche and the Sonderwunsch team, the car features...
London, December 12, 2025, (Oilandgaspress) ––Nissan Motor Co., Ltd. has been recognized for its leadership in corporate sustainability by CDP, a global environmental NGO. For the second consecutive year, the company has earned a place on CDP’s A List for both climate change and water...
London, December 12, 2025, (Oilandgaspress) ––Mercedes‑Benz unveiled the Tomorrow XX technology programme as a driver of innovation in support of the company’s sustainability objectives. It leverages the same holistic, multi-disciplinary approach so successfully demonstrated with VISION EQXX and CONCEPT AMG GT XX. Now, for the...
Strengthens Supervisory BoardLondon, December 12, 2025, (Oilandgaspress) ––Mercedes-Benz Group AG announces upcoming changes to its Supervisory Board. Katharina Beumelburg and Rashmi Misra will be proposed for election to the Supervisory Board at the 2026 Annual General Meeting. They will succeed Dame Polly Courtice and Prof....
London, December 12, 2025, (Oilandgaspress) ––TechnipFMC has been awarded a sizeable contract for Subsea 2.0® production systems by Chevron for the Gorgon Stage 3 brownfield project. This contract marks the introduction of the first 7-inch series of Subsea 2.0® horizontal subsea trees. In addition, TechnipFMC will...
Strategic entry into offshore AngolaLondon, December 12, 2025, (Oilandgaspress) ––BW Energy has in a consortium with Maurel & Prom signed an agreement to acquire a combined 20% non-operated interest in Block 14 and 10% in Block 14K offshore Angola from Azule Energy. Within this transaction,...
Plans to impose an effective ban on selling new cars with combustion engines in the European Union have been abandoned, a senior EU lawmaker told German mass tabloid Bild on Thursday. Instead, there will be more flexible rules to achieve a reduction in carbon dioxide emissions...
London, December 11, 2025, (Oilandgaspress) –––Oil Prices Drop as Ukraine reported its SBU drones struck Russian oil infrastructure in the Caspian Sea for the first time, targeting Lukoil-linked assets expandingthe conflict’s energy front. Oil and Gas BlendsUnitsOil PriceChangeCrude Oil (WTI) OilpriceUSD/bbl$57.40DownCrude Oil (Brent)USD/bbl$61.07DownBonny Light 11/12/25 CBNUSD/bbl$63.74DownDubaiUSD/bbl$62.74DownNatural GasUSD/MMBtu$4.23DownMurbanUSD/bbl$62.20DownOPEC...
London, December 11, 2025, (Oilandgaspress) ––Eni's Board of Directors, chaired by Giuseppe Zafarana, today approved the possible issue of one or more hybrid subordinated bonds, to be placed with institutional investors, with a value up to a maximum aggregate amount of 1 billion euro, to...