(Oilandgaspress) - With a completely newly developed, electrified 1.5‑litre four‑cylinder turbo engine is designed for both performance and efficiency. The electric motor supplements the combustion engine with an additional boost of 22 kW. Together with its components, it is directly integrated into the new electrified...
(Oilandgaspress) - Following the successful market launch of the electric GLB, the models with powerful and highly efficient high‑tech hybrid drivetrains are now being introduced, available in three output levels (100 kW/136 hp, 120 kW/163 hp, 140 kW/190 hp) and, depending on the variant, with...
(Oilandgaspress) - Honda announced that the Honda WN7 electric motorcycle has won the Gold Award, the highest honor in the Product Design discipline of the iF DESIGN AWARD, one of the most prestigious design awards in the world. This marks the first time a Honda...
(Oilandgaspress) - Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI), the Honda motorcycle production and sales subsidiary in India, will add a third production line to its second plant (Tapukara, Alwar district, Rajasthan) in India. The new line is scheduled to become operational in 2028,...
(Oilandgaspress) The Strait of Hormuz, a critical global shipping route that remains largely closed, disrupting the flow of oil and gas supplies worldwide. Iran has reportedly attacked an American F-35 fighter jet and Bazan oil refinery in the Israeli port city of Haifa as Tehran...
(Oilandgaspress) -SLB announced that its OneSubsea™ joint venture has been awarded a multi-well, integrated engineering, production, and construction (EPC) contract by China National Offshore Oil Corporation (CNOOC). The contract encompasses 20 wells and covers the delivery of integrated subsea production systems for the deepwater Kaiping...
(Oilandgaspress) -Thor offshore wind farm off Denmark’s west coast near Jutland delivered electricity into the Danish grid for the first time. The grid is operated by Energinet. Danske Commodities A/S delivers route-to-market services for Thor’s electricity on behalf of RWE. Sven Utermöhlen, Chief Executive Officer RWE...
(Oilandgaspress) -Eni has initiated a reorganization of Plenitude's shareholding structure, together with the existing shareholders Ares Management Alternative Credit funds (“Ares”) and Energy Infrastructure Partners. The aim is to establish a new governance framework based on joint control between Eni and Ares, resulting in the...
(Oilandgaspress) - Eni's Board of Directors held on March 18, 2026, chaired by Giuseppe Zafarana, has resolved to submit a proposal to the Shareholders' Meeting of 6 May 2026, called in ordinary session, to authorize the purchase of treasury shares (the "new buyback Program") for...
(Oilandgaspress) - Ithaca Energy Reported Adjusted EBITDAX of $2.0bn (2024: $1.4bn), net cash flow from operations of $1.7bn (2024: $0.9bn) and free cash flow of $683.3 million (2024: 260.8 million)Highlights:Profit before tax of $840.3 million (2024: $334.3 million). A one-off, non-cash deferred tax charge of $327.6...
(Oilandgaspress) - Eni has taken the Final Investment Decisions (FIDs) for the Gendalo and Gandang gas project (South Hub) and for the Geng North and Gehem fields (North Hub), only 18 months after the approval of the Projects of Development (PODs) in 2024. The milestone...
(Oilandgaspress) - Mitsubishi Heavy Industries Thermal Systems, Ltd. (MHI Thermal Systems), a part of Mitsubishi Heavy Industries (MHI) Group, has expanded its lineup in the "Hydrolution EZY" series of air-to-water (ATW) heat pumps for the European market that utilize R290 natural refrigerant. New models with...