(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...
(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...