(Oilandgaspress) Oil prices down as another round of discussions of potential peace talks between the United States and Iran raised hopes of reduced disruptions to global energy supplies.International Energy Agency (IEA) has cautioned that the retreat in oil prices does not reflect the seriousness of...
(Oilandgaspress) -– Bentley Motors reaffirms its commitment to responsible luxury with the publication of its Responsible Raw Material Sourcing Policy Statement, strengthening existing standards across animal welfare, sustainable forest management and ethical supply chains, as part of the Beyond100+ strategy. The British luxury marque continues to...
(Oilandgaspress) -– Vestas has received a 70 MW order from Tessa Green Energy to supply 11 EnVentus V162-6.4 MW wind turbines for the Strazhitsa wind project in Bulgaria. The order includes a long-term Active Output Management (AOM) 5000 service agreement. The Strazhitsa wind farm represents a...
(Oilandgaspress) -–Dana Gas (PJSC) announces the resumption of production of the Khor Mor gas facility in the Kurdistan Region of Iraq, following a period of intermittent operations in recent weeks. The Company has carried out prudent operational procedures throughout this period, in close coordination with...
(Oilandgaspress) -–From 8 to 13 April, Twingo E-Tech electric became the canvas for a live artistic performance. Over three days, Joshua Vides worked on the vehicle at the Renault Carwal, offering the public an opportunity to attend two dedicated sessions. Before the visitors' eyes, the...
(Oilandgaspress) -–Chevron Corporation announced it has, through its subsidiaries with interests in Venezuela, agreed to an asset swap with Petroleos de Venezuela, S. A. (“PDVSA”) and subsidiaries of PDVSA in a mutually beneficial agreement which will consolidate all parties’ focus on strategic assets in the...
(Oilandgaspress) -–Halliburton announced it was awarded a multibillion-dollar contract by YPF to provide bundled unconventional completions services in the Vaca Muerta, one of the world’s most prolific shale resources outside North America. The award, which resulted from a competitive process, establishes a dedicated, exclusive, and...
(Oilandgaspress) -– Equinor ASA has divested an 8.07 percent shareholding in Scatec ASA at a price of NOK 125 per share. Total consideration amounts to around NOK 1.6 billion. Following the transaction, Equinor holds an 8.05 percent share in Scatec. Equinor has also entered into a...
(Oilandgaspress) -– CoreMarine & Jumbo Offshore announced the award of a significant contract to perform the transport and installation of the soft-yoke (SSY) mooring systems, and hook-up of both the Hilli Episeyo FLNG and MKII FLNG vessels, in Argentina’s Golfo San Matías. The award...
(Oilandgaspress) -– 2.05 million vehicles global deliveries after three months, down 4 percent from the previous year (2.13 million vehicles) Growth in South America (+7 percent), Western Europe (+4 percent) and Central and Eastern Europe (+8 percent) partially offset declines in China (-15 percent) and North...
The board of directors of Equinor ASA has today decided to propose to the general meeting of the company that the company’s share capital is reduced through cancellation of own shares and redemption of shares belonging to the Norwegian State. The proposal is made as a...
(Oilandgaspress) -– Scania sold 6% fewer vehicles in the first quarter of 2026 than in the prior-year quarter, weighed down by a sharp decline in unit sales in South America, particularly in Brazil. MAN Truck & Bus grew unit sales by 14% on the back of...