(Oilandgaspress) - The Bandit-1 exploration well, drilled in Green Canyon Block 680 and operated by Occidental, encountered high-quality oil-bearing Miocene sands, with results now under joint review by the well participants.Bandit is operated by Occidental with a 45.375% working interest, alongside Chevron U.S.A. Inc....
(Oilandgaspress) - DTEK Oil&Gas, the largest private gas production company in Ukraine, part of DTEK Group, has signed a Memorandum of Understanding (MOU) with Baker Hughes, an energy technology company. The memorandum outlines cooperation aimed at increasing gas production in Ukraine and strengthening the country’s...
(Oilandgaspress) - SLB announced that its SLB OneSubsea joint venture was awarded a contract by Beacon Offshore Energy (BOE) Exploration and Production LLC to deliver a high‑pressure, high‑temperature (HPHT) multiphase boosting system for the Shenandoah field in the Gulf of America. The award reflects continued...
(Oilandgaspress) - Occidental announced an oil discovery at the Bandit prospect in the Gulf of America, about 125 miles south of the Louisiana coast. The exploration well, located in Green Canyon Block 680, encountered high-quality, full-to-base oil-bearing Miocene sands. Bandit is operated by Occidental, which holds...
(Oilandgaspress) - Eni announces an equity investment in Nouveau Monde Graphite (“NMG”), a Canadian company listed on the Toronto Stock Exchange and the New York Stock Exchange, operating in the natural graphite and advanced battery materials industry. The transaction involves an investment by Eni of US$...
(Oilandgaspress) - The all-electric GLB model range which comprises of three versions: the entry-level model, the GLB 200 with 165 kW, has recently been launched and is available in Germany at a list price starting at €53,454.80 or a monthly leasing rate starting at €360...
(Oilandgaspress) - Battery-electric vehicle sales increased by 11% at Group level. Strong demand for newly launched models and continued growth in key markets supported the ongoing product ramp-up in 2026. In line with expectations, Mercedes-Benz Cars recorded wholesale deliveries of 419,400 (-6%) cars in the first...
Subsea 7 S.A. announced the award of a supermajor contract 1 by Petrobras, following a competitive tender, for the development of the Sépia 2 field located approximately 280 kilometres southeast of Rio de Janeiro, Brazil, at a water depth of 2,170 metres in the...
(Oilandgaspress) Petrol prices in Germany have risen more sharply than in neighbouring EU countries in recent days, according to European Commission data as of Wednesday afternoon. Between March 30 and April 6, the price of petrol in Germany increased by around 11 euro cents (12 US...
Polestar (Nasdaq: PSNY) retail sales amounted to an estimated 13,126 cars in Q1 2026, a growth of 7% compared to Q1 2025. 230 retail sales points are currently in operation, compared to 154 at the end of Q1 2025, representing a growth of 50%.Michael Lohscheller,...
Dongfeng Nissan Passenger Vehicle Company (DFN), the Chinese joint venture of Nissan Motor Co., Ltd. (Nissan Motor Co., Ltd.; Yokohama, Kanagawa, Japan; President and CEO: Ivan Espinosa), announced on April 8 the launch of the all-new NX8, a mid-size electrified SUV developed for the Chinese...
The World Liquid Gas Association (WLGA) is participating in the Sub-Saharan Africa LPG Expo taking place 9th – 10th April in Johannesburg, at a time of heightened demand for liquefied petroleum gas (LPG) in southern African cities. Michael Kelly, Chief Advocacy Officer and Deputy Managing Director of...