(Oilandgaspress) - Wayve, Uber and Nissan today announced the signing of a memorandum of understanding to collaborate on the development of robotaxis and commence activities to realize the deployment of robotaxi services. The parties will begin preparations for a pilot deployment in Tokyo by late...
(Oilandgaspress) - Baker Hughes Company successfully issued $6.5 billion in debt consisting of five tranches of senior unsecured notes and €3 billion in debt consisting of four tranches of senior unsecured notes (collectively, the “notes”): $500 million 4.050% Senior Notes due 2029$1.25 billion 4.350% Senior Notes...
(Oilandgaspress) - Plenitude launches Goodnight Light, a new communication project designed to encourage energy saving by helping children overcome their fear of the dark. The initiative aligns with Plenitude’s mission as a Benefit Corporation, promoting a positive impact on people and the environment while engaging...
(Oilandgaspress) - TotalEnergies is closely monitoring the highly volatile oil markets since the start of the Gulf War. This has led to significant tensions in global diesel markets, a fuel that France imports extensively and whose supply depends on international prices. In this context, TotalEnergies...
(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...