(Oilandgaspress) -Baker Hughes and ST LNG, LLC announced Monday an agreement under which Baker Hughes will supply critical gas compression, power generation equipment, and project development support for ST LNG’s proposed 8.4 million tonnes per annum (MTPA) liquefied natural gas (LNG) export terminal offshore of...
(Oilandgaspress) -Equinor, through its subsidiary Rio Energy, acquires the 230 MW Esquina do Vento wind project from Vestas and signs a turbine supply agreement with Vestas for the project, which is located in the state of Rio Grande do Norte, northeast of Brazil. Vestas will supply...
(Oilandgaspress) -The ongoing conflict in the Middle East has placed European energy systems under significant strain as gas prices surge to a 13‑month high, intensifying concerns around market volatility, grid adequacy and geopolitical risk. As governments across the EU and in the UK grapple with...
(Oilandgaspress) The International Energy Agency today set out a range of demand-side actions that governments, businesses and households can take to alleviate the economic impacts on consumers of the disruptions to oil markets stemming from the war in the Middle East. A new IEA report...
(Oilandgaspress) -Toyota Motor Corporation (Toyota) will exhibit at the Automobile Council 2026 classic car enthusiast event, to be held at Makuhari Messe in Chiba from April 10 through April 12. The Toyota exhibit will include three classic sports cars displayed at the Toyota booth and...
(Oilandgaspress) -KBR announced a strategic investment in UK-based Applied Computing, marking a significant step forward in KBR’s AI driven growth strategy. As part of the investment, KBR has also secured a board position in the company. The investment strengthens KBR’s commitment to delivering advanced, explainable artificial...
(Oilandgaspress) -On February 18, the Japan Automobile Manufacturers Association (JAMA) held a special board meeting, followed by a briefing for the press. With Toyota’s Koji Sato taking over as chairman in 2026, the new leadership team had convened its first meeting and briefing on January 23....
(Oilandgaspress) - In a new film released by Rimac Automobili, founder and president Mate Rimac speaks candidly about the Nevera and what it cost to bring it into existence. “This car for me is a mountain, Mount Everest of blood, sweat and tears of all...
(Oilandgaspress) - Charging infrastructure for battery-powered heavy-duty and passenger transport is crucial for a successful transportation transition. The trend here is toward higher charging power and, consequently, higher charging currents and voltages. The collaborative project “HV-MELA-BAT” therefore developed the power electronic converters required for XXL...
(Oilandgaspress) U.S. Rig Count is down 1 from last week to 552 with oil rigs up 2 to 414, gas rigs down 2 to 131 and miscellaneous rigs down 1 to 7.Canada Rig Count is down 20 from last week to 177 with oil rigs...
(Oilandgaspress) - TotalEnergies and Holcim inaugurated today in Belgium a floating solar power plant with a capacity of 31 MW, located in Obourg on a former chalk quarry site that has been rehabilitated into a lake. The solar power plant produces 30 GWh per year of renewable...
(Oilandgaspress) - CNOOC Limited announced that Mr. Huang Yongzhang has been appointed as the Vice Chairman, an Executive Director, the Chief Executive Officer, the President and a member of the Strategy and Sustainability Committee. The biographical details of Mr. Huang Yongzhang are set out below: Born in 1966, Mr. Huang...