(Oilandgaspress) -] Chevron and HELLENiQ ENERGY have signed a historic agreement with the Hellenic Republic, opening one of the largest unexplored offshore areas within the European Union to help strengthen natural gas energy production in Europe. Speaking at the signing in Athens, Prime Minister Kyriakos Mitsotakis...
(Oilandgaspress) -] Bentley Motors announced that Angus Fitton has been appointed Chief Communications Officer with responsibility for all global product and corporate communications as well as internal communications at the manufacturer of luxury cars based in Crewe, England. He succeeds Wayne Bruce who moves to...
(Oilandgaspress) -] The TRATON GROUP and the World Wide Fund for Nature (WWF) Sweden have released a new WWF-authored study titled “Looking beyond greenhouse gas emissions—Interlinkages between the commercial vehicle sector and nature.” WWF and TRATON GROUP also announced a three-year partnership, with the aim...
(Oilandgaspress) -] Volvo’s gas-powered trucks are growing in volume as more markets are embracing alternative fuels that enable significant reduction of CO2 emissions. 2025 was Volvo’s best sales year ever for trucks powered by gas thanks to leading products and the favorable supply and cost...
(Oilandgaspress) -] Neste and World Fuel Services (World Fuel) have extended their existing relationship with a five-year agreement that will expand the availability of Neste-supplied sustainable aviation fuel (SAF) at more than 100 airports across World Fuel’s UK and European network. The extended agreement helps support...
(Oilandgaspress) -] HELLENiQ UPSTREAM Holdings S.A. in partnership with Chevron, has signed Lease Agreements with the Hellenic Republic concerning the exploration of four offshore blocks located south of Crete and the Peloponnese. This new concession agreement complements and consolidates the Company’s exploration & production portfolio...
(Oilandgaspress) -] ElevenEs has completed the first closing of its Series B investment round, backed by Caterpillar Venture Capital, Inc. a wholly owned subsidiary of Caterpillar Inc. (NYSE: CAT), the world’s leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial...
(Oilandgaspress) U.S. Rig Count is unchanged from last week at 551 with oil rigs down 3 to 409, gas rigs up 3 to 133 and miscellaneous rigs unchanged at 9. Canada Rig Count is down 6 from last week to 222 with oil rigs down...
(Oilandgaspress) -] Chevron Corporation , via its four Dutch subsidiaries, together with HELLENiQ ENERGY has today signed Lease Agreements with the Hellenic Republic which will enable exploration of four blocks offshore Greece. The blocks are located south of Crete (South Crete 1, South Crete 2) and...
(Oilandgaspress) -] Reliance Industries Limited, the Mukesh Ambani-led company has received a US general licence to buy Venezuelan crude oil directly. The deal would help RIL to resume imports of discounted heavy feedstock that aligns with its Jamnagar refinery configuration and optimises refining margins. Reliance Industries,...
(Oilandgaspress) -] Mitsubishi Heavy Industries, Ltd. (MHI) has conducted a demonstration of an integrated production process for synthesizing liquid fuels from carbon dioxide, water, and electricity, successfully producing liquid synthetic fuels through an integrated production system. The demonstration was conducted at MHI's Research & Innovation...
(Oilandgaspress) -] Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, convened the Energy Forward Forum at the Fairmont Hotel Jakarta, Indonesia, bringing together policymakers, utilities, power producers, and industry stakeholders to exchange perspectives on Indonesia's evolving energy landscape and the practical pathways needed...