(Oilandgaspress) Europe’s cars, trucks, planes and ships are still overwhelmingly dependent on oil. This is terrible for the climate but it also leaves the continent dependent on imports from abroad and at the mercy of autocrats and oil cartels. The US and Israeli strikes on Iran...
(Oilandgaspress) Oil majors are set to make a €24 billion windfall from European drivers off the back of the latest conflict in the Middle East, a new T&E tracker shows. Oil companies have already made €1.3 billion in excess profits, the analysis shows. T&E calls...
(Oilandgaspress) TotalEnergies announces the completion of the merger between NEO NEXT and TotalEnergies’ UK Upstream Oil & Gas business. The combined group is renamed NEO NEXT+ and TotalEnergies holds a 47.5% shareholding interest in it. Further to this transaction, NEO NEXT+ becomes the largest independent Oil...
(Oilandgaspress) Today, all 100 vehicles in the Itabus fleet run on Enilive's HVOlution diesel, a biofuel made from 100% renewable raw materials (in accordance with the European Renewable Energy Directive). Produced at Enilive's biorefineries in Venice and Gela mainly from waste, such as used cooking...
(Oilandgaspress) Nissan Motor Co., Ltd. today announced production, sales, and export figures for February 2026. Production Feb. 2026(vehicles)Year-on-yearchange (%)April-Feb. 2026(vehicles)Year-on-yearchange (%)April-Feb. 2025(vehicles) Passenger vehicles43,839-5.7448,530-14.4524,116Commercial vehicles5,698-0.155,773-12.463,694Production in Japan49,537-5.1504,303-14.2587,810 US51,324+9.0447,069-0.5449,366Mexico40,214-32.7569,673-9.2627,643UK25,390-1.5250,866-0.2251,487China18,015-27.6606,330+6.7568,094Others20,792*-8.7267,319*-6.1313,056Production outside Japan155,735*-13.62,141,257*-1.82,209,646Global production205,272*-11.72,645,560*-4.52,797,456 Notes:1) “Others” represents the combined total of production in markets including Taiwan, Thailand, South Africa, Brazil, India, Egypt, and...
(Oilandgaspress) INFINITI has announced the debut of the all-new QX65, a bold and sporty fastback blending dramatic styling, advances technologies and rewarding performance. Inspired by the iconic INFINITI FX, the QX65 represents the next chapter of the brand, expressing confident artistry, a meticulously crafted interior...
(Oilandgaspress) The Baker Hughes rig count defines active rigs as rigs that are actively conductingdrilling operations on a given well. U.S. Rig Count is down 9 from last week to 543 with oil rigs down 5 to 409, gas rigs down 4 to 127...
(Oilandgaspress) Patrick Pouyanné, Chairman and Chief Executive Officer of TotalEnergies, and Bernard Fontana, Chairman and Chief Executive Officer of the EDF Group, today signed a Nuclear Production Allocation Contract (Contrat d’Allocation de Production Nucléaire – CAPN) for a duration of 12 years, starting on January...
(Oilandgaspress) -Having launched the Ferrari Amalfi in 2025, now is the moment for the Maranello marque to unveil the new Ferrari Amalfi Spider with soft-top. The convertible version of Ferrari’s mid-front-engined V8 2+ is designed to deliver very special emotions: a perfect synthesis of sportiness,...
(Oilandgaspress) Iraq's Ministry of Oil has announced finalised oil export volumes for February 2026. Total exports of crude oil (including condensates): 99,872,220 barrels.Exports from the oil fields in central and southern Iraq amounted to 93,349,480 barrels.Exports from the Kurdistan Region via the Turkish port of Ceyhan...
(Oilandgaspress) Iraq's Ministry of Oil has announced finalised oil export volumes for February 2026.Iraq business guide Total exports of crude oil (including condensates): 99,872,220 barrels.Exports from the oil fields in central and southern Iraq amounted to 93,349,480 barrels.Exports from the Kurdistan Region via the Turkish port...
(Oilandgaspress) -Of the region's 21 million bpd pre-conflict base, excluding Iran, only 14 million bpd remains at current levels, a reduction of 33% in just over a week. But the 14 million bpd figure is not secure. It contains two categories of supply that carry...