(Oilandgaspress) How have we come so perilously close to climate catastrophe, with spring temperatures in the Western United States already shattering records — and yet governments are spending over a trillion dollars a year subsidizing the fossil fuel industry and banks have channeled over $3...
(Oilandgaspress) QatarEnergy is moving to restore liquefied natural gas (LNG) output following a production halt in March 2026 triggered by military attacks on its facilities. According to a Reuters report on April 8, 2026, the state-owned energy giant has already restarted operations on two of...
U.S. Rig Count is down 3 from last week to 545 with oil rigs unchanged at 411, gas rigs down 3 to 127 and miscellaneous rigs unchanged at 7Canada Rig Count is down 7 from last week to 135 with oil rigs down 5 to...
(Oilandgaspress) -– Iberdrola is launching a new edition of the Shareholders´ Day with a series of live events to be held in various cities across Spain before the Annual General Meeting scheduled for 29 May. Following the success of recent years, the Group has tripled the...
(Oilandgaspress) -– Following the auction relating to the takeover bid launched on 24 November – a standard procedure for this type of transaction in Brazil – Iberdrola will acquire an additional 14,2 % stake in its subsidiary Neoenergia, bringing its total stake to 98 %. The...
(Oilandgaspress) -– ScottishPower Renewables, part of the subsidiary of the Iberdrola Group in the UK, has unveiled the initial design for a new operations and maintenance (O&M) base for the East Anglia THREE offshore wind farm, a key strategic project in the UK’s offshore wind...
(Oilandgaspress) -– Plenitude and ACEA announce the completion of Plenitude’s acquisition of 100% of the share capital of Acea Energia S.p.A. and 50% of the share capital of Umbria Energy S.p.A. Plenitude will gain approximately 1.2 million customers as part of the deal, which was approved...
(Oilandgaspress) The 16th High-Level Meeting of the Energy Dialogue between the Organization of the Petroleum Exporting Countries (OPEC) and the European Union (EU) was held today at the European Commission Headquarters in Brussels, Belgium. The Meeting was co-chaired by HE Haitham Al Ghais, Secretary General of...
(Oilandgaspress) -– Hyundai Motor Company officially launched its all-electric IONIQ lineup brand in China, unveiling two design concept cars at the IONIQ brand launch event in Beijing ahead of Auto China 2026 (‘Beijing Auto Show’) on April 24. Alongside the concepts, Hyundai Motor presented a strategy...
(Oilandgaspress) -HD Hyundai Heavy Industries (HHI) said it has built the world's first ammonia-powered vessel and held a naming ceremony on March 9 for two such ships at its Ulsan shipyard. The ceremony marked the naming of two 46,000-cubic-meter mid-sized gas carriers equipped with dual-fuel (DF)...
(Oilandgaspress) -Porsche AG delivered a total of 60,991 vehicles to customers worldwide in the first quarter of the year (previous year: 71,470), representing a decline of 15 per cent. Key reasons include the end of production of the combustion-engined 718 model, the strong ramp‑up phase...
(Oilandgaspress) -Bentley Motors today reveals Priyanka Chopra Jonas as a global brand ambassador, marking a new collaboration with the internationally recognised actor and producer. The announcement is accompanied by a new campaign, launching this weekend, with a complementary film due to be premiered in the...