(Oilandgaspress) - TotalEnergies announces the restart of production at the Mabruk oil field in Libya, in which the Company holds an interest of 37.5%. The Mabruk field is located onshore, in concession C17, around 130 km south of Sirte. Production from the field was stopped...
(Oilandgaspress) The International Energy Agency (IEA) announced member nations would release a total of 400 million barrels from their strategic reserves of oil, as the war in Iran continues to cause the worst disruption to energy markets in decades. The unanimous decision by the members...
(Oilandgaspress) - – SAFE S.p.A., confirms its commitment to supporting energy transition through technologies dedicated to biomethane and hydrogen. SAFE operates internationally with a portfolio of solutions covering the entire value chain: from production to compression, all the way to storage and distribution. In...
(Oilandgaspress) - Adjusted net income : $104.7 billion (FY 2025) / $25.1 billion (Q4)Cash flow from operating activities: $136.2 billion (FY 2025) / $40.8 billion (Q4)Free cash flow1: $85.4 billion (FY 2025) / $27.5 billion (Q4)Gearing ratio1: 3.8% as at December 31, 2025 (end of...
(Oilandgaspress) - TotalEnergies (48%, operator) announces the start-up of the Lapa South-West project, located in the Santos Basin, approximately 300 kilometers offshore Brazil. The Lapa South-West project, including three wells connected to the existing Lapa floating production, storage, and offloading (FPSO) unit, will increase production from...
(Oilandgaspress) - Equinor has entered into a 2-year bio-methanol supply agreement with Wallenius Wilhelmsen, a major global player in shipping and vehicle logistics, supporting a growing marine segment for low-carbon fuels. Soon bio-methanol from Equinor will fuel ships that are bringing cars and machinery from points...
(Oilandgaspress) As the war enters its 11th day attacks continue on Iran as well as on Israel and US assets in the Middle East, including in Bahrain, Kuwait, the United Arab Emirates and Saudi Arabia. Iran has threatened to attack ships passing through the Strait...
(Oilandgaspress) - The BMW Group remained the largest automotive exporter by value in the United States in 2025, according to data released by the US Department of Commerce. Last year, the South Carolina plant exported nearly 200,000 BMW X models with a total export value...
(Oilandgaspress) - The new Cayenne S Electric complements the existing lineup, positioned between the Cayenne Electric and the top-of-the-range Cayenne Electric Turbo model. An additional 165 kW (224 PS) of power, sharpened exterior design, and even more extensive equipment options differentiate the S from the...
(Oilandgaspress) - Bentley unveiled a new, distinctive and beautifully equipped Bentayga – the Artenara Edition - celebrating the pinnacle design features of the Bentayga. The new extensively curated edition is available with either a V8 engine in standard or extended wheelbase, or standard wheelbase with...
(Oilandgaspress) - Alpine sets its focus on growing its product portfolio, which today includes the Alpine A110 sportscar, the Alpine A290 hot hatch and the Alpine A390 sport fastbackGround-breaking new Alpine Performance Platform - APP will underpin the first Alpine EV sportscar, true to the...
(Oilandgaspress) - Nissan Motor Co., Ltd. today announced a leadership transition in its Chief Financial Officer role. Jérémie Papin will step down from his position for personal reasons. George Leondis, a long serving Nissan executive, is appointed to succeed him effective April 1. Leondis has been...