(Oilandgaspress) - Wintermar’s Operating Profit for FY2025 jumped by 31% YOY to US$23.3 million, reflecting margin expansion through a better fleet mix. Core Profit increased by 19.2% YOY to US$18. Owned Vessel DivisionOwned vessel revenue rose by 13.8% YOY to US$70.7 million as gross margins for...
(Oilandgaspress) - Eni has signed a new 5-year revolving credit facility of €9 billion, with an option to extend for another 2 years, refinancing the previous credit facilities of €6 billion and €3 billion signed in 2022 and 2023, respectively. The new facility will maintain...
(Oilandgaspress) - Wayve and Nissan will exhibit a global robotaxi prototype vehicle at NVIDIA GTC 2026, built on the NVIDIA DRIVE Hyperion platform. This exhibit follows the recent announcement by Wayve, Nissan and Uber of plans to collaborate on a robotaxi pilot deployment in Tokyo...
(Oilandgaspress) - Nissan today announced that it will introduce the U.S.-built Murano to the Japanese market, with sales scheduled to begin in early 2027. The Murano is manufactured at Nissan North America’s Smyrna plant in Tennessee. Nissan will utilize the new certification system for U.S.-made passenger...
(Oilandgaspress) - Nissan today announced a series of organizational and leadership updates effective April 1. The progress under Re:Nissan has been driven by the commitment and resilience of Nissan’s employees worldwide. With the plan in its final year, the company’s focus is on maintaining clarity, stability,...
(Oilandgaspress) - Volvo Trucks has received an order for 400 all-new Volvo VNLs from TEL, one of the largest fleet leasing providers in the U.S. This marks one of the largest Volvo VNL orders to date. American TEL operates one of the largest fleet leasing programs...
(Oilandgaspress) - TotalEnergies announces the start of production from the Quiluma field, in which the Company holds an 11.8% interest alongside its partners Azule Energy (37.4%, operator), Cabinda Gulf Oil Company (31%) and Sonangol E&P (19.8%). This is the first development of a non-associated gas field...
(Oilandgaspress) - Eni announces the first gas delivery from the New Gas Consortium (NGC)’s Quiluma field, a major milestone for Angola’s energy sector. Initial gas export from Quiluma is set at 150 MMSCF/day, with output expected to ramp up to 330 MMSCF/day within 2026. Gas will...
(Oilandgaspress) - bp has confirmed start-up of gas production from the Quiluma field, part of the New Gas Consortium (NGC) in Angola, as reported by operator Azule Energy. This milestone continues the strong delivery of project start-ups and exploration discoveries for Azule Energy – a...
(Oilandgaspress) - NWVA announced a strategic partnership with New Era Energy, one of the UKʼs most accredited and fastest-growing fuel suppliers, a move that is reshaping how large, mission-critical fleets approach fuel, efficiency, and emissions. NWVA is one of the UKʼs most established vehicle recovery and...
(Oilandgaspress) - Eni has made two new gas discoveries in Libya as a result of an exploration campaign initiated in the past months. Two adjacent geological structures, Bahr Essalam South 2 (BESS 2) and Bahr Essalam South 3 (BESS 3), were successfully drilled by the B2-16/4...
(Oilandgaspress) Oil stocks Up on FTSE. BP up 1.7 per cent, trading at 543.6p.. The US has called on Nato allies to help reopen the Strait of Hormuz as the price of oil continuing to rise from the blockage of the narrow waterway, IEA Member...