(Oilandgaspress) Dangote Petroleum Refinery and Petrochemicals reportedly reassured Nigerians that it is prioritising the local market to cushion the country from the unfolding shocks. According to the company, the Middle East conflict has already forced the shutdown of some refineries and reduced global refining output, tightening...
(Oilandgaspress) - Baker Hughes Company successfully priced a $6.5 billion debt offering consisting of five tranches of senior unsecured notes and a €3 billion debt offering consisting of four tranches of senior unsecured notes (collectively, the “notes”): $500 million 4.050% Senior Notes due 2029$1.25 billion 4.350%...
(Oilandgaspress) - TotalEnergies, already an Official Partner of the Tour de France and the Tour de France Femmes with Zwift in the " Energies " category for the 2026-2028 seasons, is becoming a partner of six major professional races in France. This increased support for...
(Oilandgaspress) -Tesmec S.p.A., a company at the head of a leading group in the market of technologies dedicated to infrastructure (overhead, underground and rail networks) for the transport of electricity, data and materials, as well as technologies for quarrying and surface mining, announces the signing,...
(Oilandgaspress) -The President of the Federal Republic of Nigeria, Bola Ahmed Tinubu, and Eni Chief Executive Officer, Claudio Descalzi, met today in Abuja to discuss the company’s ongoing activities in the country and to outline new initiatives aimed at strengthening Nigeria’s deep offshore development. A central...
(Oilandgaspress) Oil and defence stocks up, while airlines and banks stocks down in trading leading to overall declines across markets. Gas prices have risen since the outbreak of the war in Ukraine and now after Qatar halted production of liquefied natural gas following attacks by...
(Oilandgaspress) -The Volkswagen Group won ten out of 25 categories in the 50th edition of the “Best Cars” reader poll conducted by the German trade magazine auto motor und sport, setting a historic record. In the overall ranking, the Volkswagen brand secured three victories, one...
(Oilandgaspress) -The UK automotive sector is gravely concerned by today’s “Made in Europe” proposals set out in the European Commission’s Industrial Accelerator Act. As drafted, it would discriminate against UK-made vehicles and components, damaging a trading relationship worth almost £70 billion annually. It is a position...
(Oilandgaspress) -Volkswagen Group has reached another milestone in its successful electrification strategy. In 2025, the Group was one of the top five BEV manufacturers worldwide and was the clear BEV market leader in its home market of Europe with a market share of around 27...
(Oilandgaspress) -Ingka Group announced a new project that will be transforming an existing wind park in Portugal into a powerful hybrid hub by adding solar panels to the same location, utilizing the same grid connection. The existing wind park currently consists of 25 wind turbines with...
(Oilandgaspress) -Further to the announcement by QatarEnergy to stop production of liquefied natural gas (LNG) and associated products, QatarEnergy has declared Force Majeure to its affected buyers. QatarEnergy values its relationships with all of its stakeholders and will continue to communicate the latest available information. Information Source:...
(Oilandgaspress) - KBR and Rabigh Refining & Petrochemical Company (Petro Rabigh) today announced a strategic 10-year general maintenance services contract, with an optional two-year extension, covering Petro Rabigh Polymer I and Polymer II plants at Rabigh in the Kingdom of Saudi Arabia. Under the agreement, KBR,...