London, 17 May 2024, (Oilandgaspress) –Lilium N.V. , developer of the first all-electric vertical take-off and landing (“eVTOL”) jet and global pioneer in Regional Air Mobility (RAM), applauds the United States Congress for reaching an agreement to reauthorize the Federal Aviation Administration (FAA) and National...
$430 million growth investment will increase plant capacity by 50%; expected to result in cost savings of 25% and reduce CO2 intensity by nearly 20%DALLAS--(BUSINESS WIRE)--Eagle Materials Inc. (NYSE: EXP) today announced plans to modernize and expand...
London, 17 May 2024, (Oilandgaspress) –bp’s new Azeri Central East (ACE) platform in the Caspian Sea is “important, both for bp and beyond,” says Ruhali Imanov, the commissioning superintendent on bp’s latest platform in the Caspian Sea. Off the coast of Baku, Azerbaijan, the platform is...
London, 17 May 2024, (Oilandgaspress) –Volkswagen of America, Inc., announced the offer structure for the 2025 ID. Buzz, the electric reincarnation of the iconic Microbus. The ID. Buzz will be offered stateside in three trims—Pro S and Pro S Plus, along with a launch-only...
SOUTH SALT LAKE, Utah--(BUSINESS WIRE)--Torus, a leader in sustainable energy storage solutions, celebrated the grand opening of its new 44,000 square foot headquarters and manufacturing facility at 855 West 2400 South. The event took place Thursday, M...
London, 17 May 2024, (Oilandgaspress) –The Premium Platform Electric (PPE), developed jointly with Porsche, is a key component for the expansion of the global portfolio of all-electric Audi models. For Audi, it represents an important step in becoming a leading provider of sustainable premium mobility....
LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced that its Board of Directors has approved a 3-year share repurchase program pursuant to which the Compan...
LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE: NVT) announced today that it will pay a regular quarterly cash dividend of US$0.19 per ordinary share on August 2, 2024, to shareholders of record at the close of business on July 19, 2024. About nVent...
London, 17 May 2024, (Oilandgaspress) –The new, fourth-generation Continental GT is to be unveiled in June, as the first car built around Bentley’s new Ultra Performance Hybrid powertrain. Delivering 782 PS and 1000 Nm of torque, combined with 50 miles (80 km) of electric-only range...
London, 17 May 2024, (Oilandgaspress) –IFC (International Finance Corporation) and the Italian Climate Fund today announced a $210 million investment in Eni S.p.A.’s Kenya subsidiary to expand the production and processing of advanced biofuels, supporting the decarbonization of the global transport industry and the livelihoods...
London, 17 May 2024, (Oilandgaspress): --Crude oil discoveries in Suriname have opened access to some 2.4 billion barrels in reserves, Wood Mackenzie analysts have estimated. The consultancy also reported the South American nation holds some 12.5 trillion cubic feet in natural gas reserves.Petroliam Nasional Bhd.’s...
ZUG, Switzerland--(BUSINESS WIRE)--#EnerSys--EnerSys (NYSE: ENS), the global leader in stored energy solutions for industrial applications, has secured the 2024 Energy Storage Product of the Year Award at the Electrical Review and Data Centre Review Ex...