The Nigerian National Petroleum Company Limited (NNPC) has confirmed that national crude oil production has grown from a historic low of 960,000 barrels per day in 2022 to an average of 1.71 million barrels per day and a peak production of 1.84 million barrels per...
The Nigerian National Petroleum Company (NNPC) Limited, has commenced export of its new crude grade – Cawthorne, marking a significant milestone in the Company’s drive to increase Nigeria’s crude oil production and expand its portfolio of globally competitive export streams. Cawthorne blend crude, the latest addition...
The Vatican has selected Elli, Volkswagen Group’s energy and charging brand, as a mobility service partner for its expanding electric vehicle fleet. Through the Elli charging card and digital fleet management platform, the Vatican will enable its service vehicles to charge across Europe while centrally...
Subsea 7 S.A. announced that the Company has transferred 11,587 shares held in treasury to satisfy employee share awards under the Company’s Long-term Incentive Plan.Following the above transfer, the number of common shares held in treasury is 3,452,236 representing 1.15% of the Company's issued common...
With the launch of the Leapmotor T03 LCV, an urban, fully electric light commercial vehicle developed to address the rapidly growing demand for efficient, affordable and sustainable urban logistics solutions. The launch of the T03 LCV reflects Leapmotor’s aim to extend electric mobility beyond private customers...
The Porsche GT family welcomes a particularly exciting new member. The 911 GT3 S/C allows fans of the high-revving boxer engine to enjoy its unique naturally aspirated sound even without a fixed roof. It combines a range of ‘driver's car’ qualities that have already delighted...
Mercedes‑Benz launched its new global “Mercedes‑Benz Studios” initiative with the new location in Copenhagen, establishing city centre brand experiences to strengthen the brand presence in world leading cities. Mercedes‑Benz introduces brand spaces in more than 10 cities across four continents throughout 2026. As one of...
(Oilandgaspress) -– .Dolphin Drilling AS announced that an undisclosed party has signed a letter of intent for a contract for the rig Borgland Dolphin. The potential contract is expected to have a value of approximately USD 230 million and is scheduled to commence in...
(Oilandgaspress) -– .Dutch wind-assisted ship propulsion specialist Econowind is moving into the deepsea market with the launch of its new 5-series VentoFoil, a larger steel suction wing system for oceangoing vessels. Unveiled last week in Heeg, the 30-metre model is based on the same principles...
(Oilandgaspress) -– Eni Iraq recently hosted a delegation of representatives of its key stakeholders in the country at its headquarters in Basra (Iraq), for a knowledge-sharing initiative on methane emissions monitoring and mitigation techniques. The delegation included representatives from the Iraqi Ministry of Petroleum, representatives...
The new EQS 450+ sets a new benchmark in electric mobility with a WLTP range of 926 km1 – an increase of 13 per cent compared with its already long-legged predecessor. Based on calculated figures and WLTP consumption, the available energy is sufficient, for example,...
(Oilandgaspress) -– . Nissan Motor Co., Ltd. today announced its long‑term vision, “Mobility Intelligence for Everyday Life,” defining a customer‑centric strategic direction. The vision integrates mobility intelligence into everyday life through Nissan’s focus on AI-Defined Vehicles (AIDV), offering a choice of electrification technologies to meet...