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26 May Stellantis News

Posted at 13:56h in Electric Cars, Views by oilandgaspress 0 Comments

Stellantis will invest more than €1 billion to produce a new generation of electric vehicles at its Mulhouse plant starting in 2029, French President Emmanuel Macron said on Tuesday. Related News ...

26 May BP chairman removed

Posted at 13:43h in Press Releases by oilandgaspress 0 Comments

(Oilandgaspress) -– The Board of BP p.l.c. announced that it has today unanimously decided that Albert Manifold should no longer serve as Chair and Director with immediate effect. This follows serious concerns raised to the Board related to important governance standards, oversight and conduct. Amanda...

26 May Baker Hughes Extends Well Construction Contract with Petrobras

Posted at 12:56h in Press Releases by oilandgaspress 0 Comments

(Oilandgaspress) -– Baker Hughes announced Tuesday a major contract extension with Petrobras to provide integrated solutions for well construction across Brazil’s Santos Basin. Baker Hughes will expand the company’s comprehensive well construction operations in several of the basin’s oilfields. The company’s advanced portfolio – including the...

26 May Meren announce restructuring of Impact Oil & Gas Limited

Posted at 12:52h in Press Releases by oilandgaspress 0 Comments

(Oilandgaspress) -–Meren Energy Inc. notes and supports the corporate restructuring announced by its investee company, Impact Oil & Gas Limited to create a pure-play Namibia-focused development and exploration business. The Transaction has been approved by Impact and is intended to align the interests of its...

26 May As Reported Energy Price, news updates and expert commentary 26/05/26

Posted at 12:44h in Press Releases by oilandgaspress 0 Comments

(Oilandgaspress) A report from Nikkei, citing a Middle East diplomatic source, said Iran could agree to clear mines from the Strait of Hormuz within 30 days under the proposed framework, allowing commercial shipping to resume freely while ending transit fee collections imposed during the conflict. As...

26 May Statement from Stellantis about the Alfa Romeo brand

Posted at 11:46h in Electric Cars, Views by oilandgaspress 0 Comments

(Oilandgaspress) -–With reference to what was presented at the Stellantis Investor Day 2026 on May 21, and in particular to the information shared about the Alfa Romeo brand, we would like to provide some further clarifications. Alfa Romeo is executing its strategy with discipline and vision,...

26 May Stellantis expands Eurorepar Car Service network

Posted at 11:41h in Electric Cars, Views by oilandgaspress 0 Comments

(Oilandgaspress) -–Stellantis is boosting the development of its Eurorepar Car Service network across Europe by deploying an integrated performance and expansion model designed to support independent workshops growth and performance. Built to respond to a rapidly evolving market environment marked by increasing vehicle complexity, digitalization,...

26 May A unique Ferrari

Posted at 11:33h in Electric Cars, Views by oilandgaspress 0 Comments

(Oilandgaspress) -–A new Ferrari from the One-Off series, part of the Special Projects programme, was unveiled at the Ferrari Racing Days in the Circuit of the Americas: the HC25. Designed by the Ferrari Design Studio under the direction of Flavio Manzoni, the car is a...

26 May Ferrari Luce unveiled with prices starting at €550,000 or £475,000.

Posted at 09:52h in Electric Cars, Views by oilandgaspress 0 Comments

(Oilandgaspress) -–The highly anticipated, next-generation sports car from the Maranello marque has been unveiled, opening a new chapter in the history of the Prancing Horse. Ferrari today unveiled the Ferrari Luce in the symbolic setting of the Vela di Calatrava – Città dello Sport in Rome,...

26 May Global Oil price Yo Yo continues

Posted at 08:58h in Press Releases by oilandgaspress 0 Comments

(Oilandgaspress) -–According to U.S. officials, Iran has agreed in principle to dispose of its highly enriched uranium as part of a broader framework, while Washington could eventually ease some sanctions if Tehran complies with the terms of a final agreement. Oil and Gas BlendsUnitsOil PriceNotesCrude Oil...

26 May Eni confirms FID for Baleine Phase 3 in Côte d’Ivoire

Posted at 08:51h in Press Releases by oilandgaspress 0 Comments

(Oilandgaspress) -–Eni and its partners Petroci and Vitol approved the final investment decision (FID) for the Baleine Phase 3 project, marking a significant milestone in the development of the largest hydrocarbon discovery ever made in the country. The full-field Phase 3 development will increase oil production...

24 May Europe condemns Russia’s use of ‘Oreshnik’ missile

Posted at 18:13h in News analysis, Views by oilandgaspress 0 Comments

(Oilandgaspress) -–Today, Ukrainian President Volodymyr Zelenskyy said Russia had again deployed its "Oreshnik" intermediate-range ballistic missile, this time in the Kyiv region. The Russian Defence Ministry later confirmed the launch, saying it came as part of a retaliatory attack following Ukrainian strikes against "civilian targets,"...