(Oilandgaspress) - Ukrainian drones reportedly strike oil depot in Russia's Krasnodar Krai. Ukrainian drones struck a Russian oil depot in Labinsk, Krasnodar Krai, overnight on March 16, setting the site ablaze, Telegram news channel Exilenova Plus reported, citing local residents. Russian strike on Ukraine hydropower plant...
(Oilandgaspress) - Hitachi Energy Japan Ltd. has been recognized as a 2026 Health & Productivity Management Outstanding Organization (Large Enterprise Category) under the recognition program, jointly administered by Japan’s Ministry of Economy, Trade and Industry (METI) and Nippon Kenko Kaigi (Japan Health Council). Information Source: Read...
(Oilandgaspress) - The Board of Shell plc today announced the pounds sterling and euro equivalent dividend payments in respect of the fourth quarter 2025 interim dividend, which was announced on February 5, 2026 at US$0.372 per ordinary share. Shareholders have been able to elect to receive...
(Oilandgaspress) - PEUGEOT engineers have designed a new petrol engine, the Turbo 100, which elevates sensations and performance to the next level while offering optimised efficiency and reliability. The Turbo 100 is a third‑generation engine which incorporates 70% new components by value. This includes key...
(Oilandgaspress) European Union leaders called out President Donald Trump’s decision to lift sanctions on Russian oil as fueling the war machine against Ukraine, as Washington tries to ease energy prices after a second week of conflict in the Middle East. US Treasury Secretary Scott Bessent announced...
(Oilandgaspress) - , Uber Technologies, Inc. and Motional, a leader in autonomous vehicle technology that is majority owned by Hyundai Motor Group, announced that Uber riders in Las Vegas can now be matched with an all-electric Motional IONIQ 5 robotaxi — unlocking an exciting new...
(Oilandgaspress) - Further to the announcement of 2 March 2026 confirming a challenge to the Company Voluntary Arrangement (“CVA”) by HM Revenue and Customs (“HMRC”), Petrofac is pleased to confirm that the challenge has been rejected at a hearing in Edinburgh held earlier today on...
(Oilandgaspress) The war in the Middle East is creating the largest supply disruption in the history of the global oil market. With crude and oil product flows through the Strait of Hormuz plunging from around 20 mb/d before the war to a trickle currently, limited...
(Oilandgaspress) - The new Ferrari Amalfi Spider was unveiled today: a V8 2+ spider with a front-mid-mounted engine that embodies the perfect balance between contemporary sportiness and versatility within the Ferrari range. Designed for those who want a more dynamic driving experience without compromising comfort...
(Oilandgaspress) The Volkswagen Group’s Brand Group Core (BGC) implemented its strategic goals as planned in 2025 – and reported an operating result of 6.8 billion euros – close to the prior year level despite significant negative special items. Adjusted for additional expenses for restructuring, the...
(Oilandgaspress) - With the all-new electric VLE, Mercedes-Benz is ushering in a new era. As the first vehicle to be built on the newly developed modular, flexible and scalable Van Architecture, the result is a completely redefined Grand Limousine. Among other things, it benefits from...
(Oilandgaspress) - Hitachi Energy announced an additional $150 million USD investment to expand its power transformer manufacturing across Latin America, boosting capacity to meet surging global demand for electrification and accelerate grid infrastructure. The investment deepens Hitachi Energy’s manufacturing footprint and reinforces the region’s role...