Believes the Board’s Insular Behavior and Dismissive Attitude Towards Engine and Apparent Disagreement with Simpson Oil – Parkland’s Largest Shareholder – Suggest a Focus on Entrenchment and Self-Preservation Warns the Board Not to Pursue Costly and W...
Technica Honored for Integrated PR Campaign for Zero-Emission Aviation Test Flight The campaign reached an audience of over 130.5 million and earned over $13 million in advertising value equivalent (AVE) Competing against some of the largest brands...
London, 22 January 2024, (Oilandgaspress): – Aramco has allocated an additional $4 billion to its global venture capital arm, Aramco Ventures. It will more than double the capital allotted to Aramco Ventures, increasing its total investment allocation from $3 billion to $7 billion. It will take...
London, 22 January 2024, (Oilandgaspress): – UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has presided over the annual meeting of the ADNOC Board of Directors in his capacity as its Chairman. During the meeting, which was held at ADNOC Headquarters, His Highness...
London, 22 January 2024, (Oilandgaspress): – Ryanair, Europe’s no.1 airline, and Enilive, a company directly controlled by Eni which holds 100% of its share capital, announced today that they have signed a Letter of Intent (LOI) for the long-term supply of Enilive sustainable aviation fuel...
London, 22 January 2024, (Oilandgaspress): – Airbus has signed an HCare Initial contract, a comprehensive by-the-hour services contract with Heligo Charter Private Limited for six Airbus H145 helicopters deployed for offshore and onshore operations in India. Under this five-year contract, Heligo will benefit from Airbus’ HCare...
London, 22 January 2024, (Oilandgaspress): – Airbus has signed contracts with Tata Advanced Systems Limited (TASL) and Mahindra Aerospace Structures Private Limited (MASPL) to procure commercial aircraft components. Under the contract, TASL and Mahindra Aerostructures will manufacture metallic detail parts, components and assemblies for Airbus'...
London, 22 January 2024, (Oilandgaspress): – Airbus has entered into a 50:50 joint venture with the Tata-owned Air India to launch a world-class pilot training centre in Gurugram, Haryana. The Tata Airbus Training Centre will offer A320 and A350 flight training to some 5,000 new pilots...
London, 22 January 2024, (Oilandgaspress): – Reference is made to the announcement published by BW Offshore Limited ("BW Offshore") on 22 January 2024 regarding the sale of all of BW Offshore’s shares in BW Energy Limited (“BW Energy”) to BW Group Limited ("BW Group").As further...
London, 22 January 2024, (Oilandgaspress): – Saab and the United Arab Emirates (UAE) Ministry of Defence have signed a contract and Saab has received an order regarding in-service support for the GlobalEye Airborne Early Warning and Control (AEW&C) solution. The order value is approximately USD...
London, 22 January 2024, (Oilandgaspress): – Porsche will present the new all-electric Macan on Thursday, 25 January 2024. The second generation of the successful SUV will be unveiled in Singapore, with the world premiere broadcast live in the Porsche Newsroom.New powertrain offers flexibility yet poses...
London, 22 January 2024, (Oilandgaspress): – The Blandford Road battery storage asset in the UK has come into operation. The operational phase marks an important milestone in Equinor’s ambition of delivering flexible power solutions in the country. The 25 MW/ 50 MWh Blandford Road battery storage...