(Oilandgaspress) - Lyten, a global leader in lithium-sulfur batteries and energy storage, announced today that it has completed the acquisition of Northvolt Ett and Ett Expansion (Skellefteå, Sweden) and Northvolt Labs (Västerås, Sweden). The Northvolt Sweden acquisition includes 16 GWh of existing battery manufacturing capacity,...
(Oilandgaspress) - Bugatti introduces an open-top masterpiece shaped by performance, artistry and heritage, the Bugatti W16 Mistral represents the ultimate chapter of the legendary W16 era. Through the exquisite personalization courtesy of Bugatti’s Sur Mesure offering, this extraordinary roadster becomes a canvas for the most...
(Oilandgaspress) - Automobili Lamborghini announces the appointment of Douglas Arrighi Pereira as Chief People, Culture and Organization Officer. Arrighi Pereira takes on the role following the departure of Umberto Tossini, who, after a long and successful career, has left the company to pursue new professional...
(Oilandgaspress) - Stellantis reported Net revenues of €153.5 billion, down 2% from 2024 due to strong FX headwinds and H1 2025 net pricing declines, which were partially offset by higher volume and mix. The Company posted a Net loss of €22.3 billion, driven by €25.4...
(Oilandgaspress) Oil prices up as U.S.-Iran Standoff Triggers Higher 2026 Forecasts. The potential for war premium, OPEC+ supply policy, and the fundamentals in supply-demand balances will determine the direction of oil prices this year. Oil and Gas BlendsUnitsOil PriceChangeCrude Oil (WTI) OilpriceUSD/bbl$67.13UpCrude Oil (Brent)USD/bbl$72.70UpBonny Light 27/02/26...
(Oilandgaspress) - BMW Group is consistently advancing the digitalisation and use of artificial intelligence in production. A key element in this effort is “Physical AI”, which combines digital artificial intelligence (AI) with real machines and robots. This enables intelligent systems such as humanoid robots to...
(Oilandgaspress) - Coterra Energy Inc. reported fourth-quarter and full-year 2025 results, provided full-year 2026 guidance, and declared a quarterly dividend of $0.22 per share. The Company ended the year with a cash balance of $114 million and no debt outstanding under its $2.0 billion revolving credit...
(Oilandgaspress) - Honda Motor Co., Ltd. announced a summary of automobile production, Japan domestic sales, and export results for the month of January 2026. World Production January 2026YOYJanuary 2025Japan51,081 units113.9%44,857 unitsOutside of Japan223,265 units99.8%223,771 unitsTotal274,346 units102.1%268,628 units Production in Main Regions North America139,348 units115.7%120,466 units USA86,367 units134.5%64,202 units Asia73,026 units77.2%94,573 units China38,125 units72.8%52,364...
(Oilandgaspress) - BW Energy today published its annual report for the financial year ended 31 December 2025. BW Energy also published the Board-approved report on payments to governments and the annual statement of reserves for 2025. The year 2025 was pivotal for BW Energy. The sanctioning...
(Oilandgaspress) - Woodside’s 2025 Full-Year Results released on Tuesday reflect a year of strong delivery, with outstanding performance from the base business and continued progress across major projects. Full-year highlights Record production of 198.8 million barrels of oil equivalent, exceeding full-year guidance and underpinned by outstanding production...
(Oilandgaspress) - Audi of America is pleased to announce the appointment of Vito Paladino to President, Audi of America and Head of Audi North America Region. Paladino, 49, current President and CEO of Volkswagen Group Canada and President, Audi Canada, will succeed current Audi of America...
(Oilandgaspress) - Revenues of USD 47.0 million for the fourth quarter, compared to USD 37.7 million in Q3 2025. 2025 revenues were USD 177.7 million, up from USD 96.5 million reported for 2024• EBITDA of USD 8.2 million for the fourth quarter, a significant improvement...