(Oilandgaspress) - TotalEnergies has signed a preliminary agreement (Letter of Intent) with Glenfarne, the lead developer of the Alaska LNG project, for the long-term offtake of 2 million tons per year (Mtpa) of liquefied natural gas (LNG) over 20 years, subject to the project’s final...
(Oilandgaspress) In an environment that remains challenging for the global commercial vehicle industry, experience, entrepreneurial foresight, and collaboration that is based on trust are more important than ever. Against this backdrop, at its meeting on Wednesday, February 25, 2026, the Supervisory Board of TRATON...
(Oilandgaspress) Oil prices down as the threat of military conflict between the U.S. and Iran threatening to disrupt supply continues to worry investors. Oil and Gas BlendsUnitsOil PriceChangeCrude Oil (WTI) OilpriceUSD/bbl$65.76DownCrude Oil (Brent)USD/bbl$71.53UpBonny Light 26/02/26 CBNUSD/bbl$70.58DownDubaiUSD/bbl$68.32UpNatural GasUSD/MMBtu$2.82DownMurbanUSD/bbl$71.44UpOPEC basket 25/02/26 OPECUSD/bbl$60.29DownAt press time February 26, 2026 Eni’s Board...
(Oilandgaspress) - Aston Martin announceds a new Interiors by Aston Martin luxury multi-unit residential development in partnership with the largest privately held developer in Brazil's North-East, Setai. Setai Residences Interiors by Aston Martin will mark Aston Martin's official entry into the Brazilian and South American...
(Oilandgaspress) - ENGIE today announces the signing of an agreement to acquire 100% of UK Power Networks (UKPN), the best-in-class electricity distributor in the UK, for an equity value1 of £10.5 billion. This acquisition marks a major milestone in ENGIE’s ambition to become the best energy transitionutility,...
(Oilandgaspress) - Reported Fourth Quarter Fiscal 2025 Revenues of $1.9 billion, down 11%, due to the slower pace of awards and contingency EUCOM scope reductionsNet income attributable to KBR of $111 million, up 46%; Operating income of $191 million, up 36% with an Operating income...
(Oilandgaspress) - Rimac Technology today announced a leadership transition as the company enters its next phase of growth as a global Tier 1 supplier to the automotive industry. Nurdin Pitarević, previously Chief Operating Officer, has been appointed Chief Executive Officer, while Marko Brkljačić, formerly Deputy...
(Oilandgaspress) During 2024 and 2025, Hydro has donated more than 10,000 pieces of flame retardant workwear to Ukrainian fire and rescue services. The donation is the result of a broad collaboration between Hydro's Norwegian aluminium plants and the inclusive business Sogn Vekst in Årdal. The...
(Oilandgaspress) - Nel ASA reported revenues from contracts with customers of NOK 330 million in the fourth quarter of 2025, down 20% versus the same quarter last year. Total revenue and income was NOK 361 million (Q4 2024: 450) and EBITDA in the quarter came...
(Oilandgaspress) - Subsea 7 S.A. announced today results of Subsea7 Group (the Group, Subsea7) for the fourth quarter and full year which ended 31 December 2025. Unless otherwise stated the comparative period is the full year which ended 31 December 2024. Highlights Fourth quarter Adjusted EBITDA of...
(Oilandgaspress) - 4Q ‘25 Group proforma adjusted EBIT was €2.87 bln above 2024 despite a 15% decline in crude oil prices and a 9% appreciation in the EUR/USD rate, aided by volume growth and cost efficiencies. The Group reported an adjusted net profit of €1.2...
(Oilandgaspress) - Unibail-Rodamco-Westfield (URW) and Ingka Centres today announce the launch of the Sustainable Retail Index Association, an independent organization that will establish a recognized common standard for measuring and improving sustainability across retail real estate portfolios. The association will equip retail landlords with comprehensive...