The Annual Energy Outlook 2026 (AEO2026) explores medium- and long-term alternative futures in the United States through 2050. AEO2026 enables the public to explore a suite of alternative pathways for our energy future depending on assumptions made about markets, technological breakthroughs, and policy. It includes a narrative...
(Oilandgaspress) -– Hyundai Motor Group and Korea Aerospace Industries, Ltd. (KAI) today announced the signing of a Memorandum of Understanding (MoU) to develop future Advanced Air Mobility (AAM) solutions.The agreement was signed in the presence of key executives, including Jaehoon Chang, Vice Chair of Hyundai...
(Oilandgaspress) -– Bentley has launched a limited edition collection celebrating Bentley’s most exhilarating and dynamic film ever, Supersports: FULL SEND, featuring Travis Pastrana. The combination of 666 PS, rear-wheel drive and a highly developed chassis and aerodynamics package unleashed a new level of performance ability...
(Oilandgaspress) -– Dolphin Drilling has secured a new contract with Harbour Energy (“Harbour”) for the use of its semi submersible drilling rig Paul B. Loyd Jr. in the UK sector of the North Sea. The new agreement will commence upon expiry of the firm term...
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(Oilandgaspress) -– Eni and MSC Cruises have announced the completion of a test of the use of Enilive’s HVO (Hydrogenated Vegetable Oil) diesel. This test confirmed the technical feasibility of using the biofuel in its pure form in the maritime sector to power cruise ship...
(Oilandgaspress) -– A report by Rystad Energy said Europe's offshore wind expansion is running into a structural supply constraint where the turbine market is becoming increasingly concentrated. GE Vernova, Siemens Gamesa and Vestas have historically anchored Western offshore turbine supply, but with GE Vernova having...
(Oilandgaspress) -– Eni announces that, following the authorization granted by the Shareholders' Meeting held on 6 May 2026, the first tranche of the new share buyback program (the "First Tranche") will be launched in the next days. The First Tranche will concern up to a maximum...
Chevron Corporation reported earnings of $2.2 billion ($1.11 per share - diluted) for first quarter 2026, compared with $3.5 billion ($2.00 per share -diluted) in first quarter 2025. Included in the quarter was a net loss of $360 million related to a legal reserve. Foreign...
(Oilandgaspress) -– In FY25, Ingka Group, the largest IKEA retailer, matched 94.8% of its annual electricity consumption with renewable sources, through a three-tier model spanning on-site generation, owned wind and solar assets, and energy certificates. Moving forward, the company will continue to focus on increasing...
(Oilandgaspress) -– Occidental announced results for the first quarter of 2026, including net income attributable to common stockholders of $3.2 billion, or earnings per diluted share (EPS) of $3.13, and adjusted income from continuing operations attributable to common stockholders of $1.1 billion, or adjusted...
(Oilandgaspress) -– KBR announced its Mission Technology Solutions division has been awarded two firm-fixed-price task orders under the Air Force Contract Augmentation Program (AFCAP) V to provide transient aircraft services across Southwest Asia and dining facility services at Al Dhafra Air Base, United Arab Emirates...