(Oilandgaspress) Oil prices held steady as US inventory draws offset ongoing geopolitical uncertainty in the Middle East. US crude oil inventories for the week ended Apr. 10, excluding the Strategic Petroleum Reserve, decreased by 900,000 bbl from the previous week, according to data from the...
(Oilandgaspress) -– Bentley Motors has introduced new ‘Dream Factory’ workwear. Designed for use within electrostatic protected areas, the new workwear prevents the build-up of static electricity that could impact sensitive electronic and battery components, ensuring precision and quality across electric vehicle production. The launch of electrostatic...
(Oilandgaspress) -– Trafigura Group Pte Ltd. announced the signing of a USD$1 billion prepayment agreement with the Republic of Gabon. Under the agreement, Trafigura will provide the prepayment to the Republic of Gabon in exchange for the future delivery of crude oil over a seven-year...
(Oilandgaspress) -– – Kent, a leading global engineering and project delivery company at the forefront of the energy transition, has been awarded a contract by MorGen Energy to deliver Engineering, Procurement and Construction Management (EPCm) services for their West Wales 20MW green hydrogen plant located...
(Oilandgaspress) -– Gas networks received well over 100 connection enquiries from data centre developers in 2024 and 2025, new figures have revealed. Over the two-year period, networks considered a total of 113 enquiries regarding data centre gas connections as a result of the significant delays...
(Oilandgaspress) -– BMW Group is once again systematically leveraging product sustainability innovations in the new BMW 7 Series. This is evident, for example, in the use of a new battery cell technology and a higher percentage of secondary material in the wheel rims. These measures...
(Oilandgaspress) -–Renault 4 Roland-Garros E-Tech electric Show-car will make its global premiere on May 18 on the Renault stand at the Porte d'Auteuil stadium Like the Renault 5 Roland-Garros E-Tech electric special edition, Renault 4 Roland-Garros E-Tech electric show car features sport-chic styling with bodywork in...
(Oilandgaspress) -–Mercedes-Benz is offering two attractively preconfigured variants that deliver an impressive product experience. The VLE 300 electric is available either with the Advanced Plus Package, which includes rear-axle steering, EASY-PACK tailgate incl. separately opening rear window and additional equipment or as an EXCLUSIVE version...
(Oilandgaspress) -–XPeng GX, made its grand debut and officially opened for pre-sale. The new car offers two versions: a pure electric version and a super-extended range version, with a pre-sale price of 399,800 yuan. The XPeng GX pure electric version has a pure electric range...
(Oilandgaspress) -–Vår Energi ASA will publish its financial report for the first quarter 2026 on Wednesday 22 April. Today, the Company provides an update on production, sales volumes and other relevant items. Vår Energi’s net production of oil, liquids and natural gas averaged 406 kboepd in...
(Oilandgaspress) -–Vår Energi ASA has submitted an amended Plan for Development and Operation (PDO) for the Goliat Gas Export (GGE) project to the Ministry of Energy, together with its partner Equinor. The project is expected to increase oil production from the Goliat field in the Barents...
(Oilandgaspress) -–Saipem has been awarded two offshore contracts in the Kingdom of Saudi Arabia, known as Contract Release Purchase Orders (CRPO), under its existing Long-Term Agreement with Aramco. The first contract (CRPO 154) covers the Engineering, Procurement, Construction, and Installation (EPCI) of one water injection tie-in...