London, August 02, 2024, (Oilandgaspress) ––bp has now completed its acquisition of GETEC ENERGIE GmbH, a leading supplier of energy to commercial and industrial (C&I) customers in Germany. Agreement for this deal was announced in January 2024. The acquisition of GETEC ENERGIE GmbH will accelerate the...
bp has signed a memorandum of understanding (MoU) with the Government of the Republic of Iraq to negotiate a material integrated redevelopment programme for the Kirkuk region, spanning oil and gas investment, power generation and solar, together with wider exploration activities. The non-binding MoU was signed...
London, August 02, 2024, (Oilandgaspress) ––Brent oil futures expiring in October rose 0.4% to $79.84 a barrel, while West Texas Intermediate crude futures rose 0.4% to $75.71 a barrel by 21:24 ET (01:24 GMT). Natural gas prices in Europe continued to rise, underscoring growing concerns about...
London, August 02, 2024, (Oilandgaspress) –– Uber Technologies, Inc. (NYSE: UBER) and BYD Co. Ltd. today announced a multi-year strategic partnership designed to bring 100,000 new BYD electric vehicles onto the Uber platform across key global markets. Beginning first in Europe and Latin America, the...
AKRON, Ohio--(BUSINESS WIRE)--$BW--Babcock & Wilcox (B&W) (NYSE: BW) announced today that Babcock & Wilcox Construction Co., LLC (BWCC) has been awarded a $25 million contract for boiler upgrades, pressure part replacements and other outage...
Delivered industry-leading second-quarter earnings of $9.2 billion1, showcasing the differentiated strengths of ExxonMobil's portfolio and its improved earnings power The Pioneer merger, which closed five months faster than similar transactions and...
Nigel Hearne, executive vice president, Oil, Products & Gas, will retire from Chevron after 35 years of service to the company. Since 2022, Hearne has led the consolidation of Chevron’s Upstream, Midstream and Downstream businesses, ensuring a more integrated approach to value chains, asset class excellence and...
Chevron Corporation (NYSE:CVX) today announced the relocation of the company’s headquarters from San Ramon, California, to Houston, Texas, and senior leadership changes. Headquarters Relocation The company’s headquarters will move from San Ramon, California, to Houston, Texas. Chevron Chairman and CEO, Mike Wirth, and Vice Chairman, Mark Nelson, will move to Houston before the end of 2024 to co-locate...
Chevron Corporation (NYSE: CVX) reported earnings of $4.4 billion ($2.43 per share - diluted) for second quarter 2024, compared with $6.0 billion ($3.20 per share - diluted) in second quarter 2023. Foreign currency effects decreased earnings by $243 million. Adjusted earnings of $4.7 billion ($2.55 per share - diluted) in second quarter 2024 compared to adjusted...
Porsche Roof Tent has offered camping accommodation with a cult factor. Now the luxury-brand outdoor experience can be extended, with the Porsche Canopy Tent adding more options for out in the open Free-standing weather protection on the beach, a cosy lounge at the campsite, or a...
Dynamic development led by the Alfa Romeo engineering team is going ahead as planned; hence the opportunity to capture its recognizably Alfa Romeo ‘roar.’ A singular parallel with the elegant, harmonic and sophisticated melodies of classical music. A recognizably Alfa Romeo sound, a soundtrack of power...
“Thanks to the hard work and commitment of our people, JLR has delivered an outstanding set of results in the first quarter, with record revenues and an increase in year-on-year quarterly profits of nearly 60 per cent. We are making great progress delivering our Reimagine...