Subsea7 announced the award of a substantial contract by Noble Energy EG Ltd (a Chevron Company) for the subsea installation scope on the Aseng Gas Monetisation Project, offshore Equatorial Guinea. The project involves a single-well tieback connecting Aseng field to the existing Alen platform. The scope...
(Oilandgaspress) Oil prices up again after President Donald Trump vowed in a primetime address to pound Iran "extremely hard" for the next two to three weeks and "bring them back to the Stone Ages".. Its been more than a month after the US and Israel...
(Oilandgaspress) –Unmanned robotics services provider DroneQ Robotics and offshore support and vessel management Mark Offshore have struck a deal on the latter’s new fleet addition ‘R/V Mintis’. Mark Offshore manages and operates the DP1 ROV Support & Survey vessel. DroneQ Robotics now has the exclusive...
(Oilandgaspress) –TotalEnergies and Abu Dhabi Future Energy Company PJSC – Masdar, a global clean energy leader, have signed a binding agreement to establish a $2.2bn 50/50 joint venture (JV) that will merge their onshore renewable activities in nine countries across Asia. As electricity demand accelerates across...
(Oilandgaspress) The State of Qatar came under attack on Wednesday, 1 April 2026, when three cruise missiles were launched from Iranian territory, according to official statements from the Qatari Ministry of Defence. Two of the missiles were successfully intercepted by Qatari Armed Forces, but the...
(Oilandgaspress) Oil slightly reversed earlier gains as uncertainty over the situation in the Middle East continues to unnerve markets. U.S. President Donald Trump again implied the U.S.-Israeli war with Iran could be nearing an end. Oil and Gas BlendsUnitsOil PriceChangeCrude Oil (WTI) OilpriceUSD/bbl$99.92DownCrude Oil (Brent)USD/bbl$102.80DownBonny Light...
(Oilandgaspress) –Hyundai Motor America reported total March sales of 84,087 units, a 3 percent decrease compared with March 2025, reflecting a challenging year-over-year comparison following an unusually strong industry pull ahead last year. Hyundai delivered historic results across its electrified portfolio to reinforce its balanced...
(Oilandgaspress) – the European Investment Bank (EIB) and Eni signed a 15-year loan for €500 million to convert selected units of Eni’s Sannazzaro de’ Burgondi refinery, located in the Italian province of Pavia, into a biorefinery. The agreement was signed by EIB Vice-President Gelsomina Vigliotti...
(Oilandgaspress) – The TRATON GROUP and Applied Intuition announced TRATON ONE OS, a next-generation software-defined vehicle platform that will power all new vehicles across TRATON’s four brands: Scania, MAN, International and Volkswagen Truck & Bus. Building on more than a year of co-development, the two...
(Oilandgaspress) Volvo has begun on-road testing of heavy trucks powered by hydrogen combustion engines. Volvo’s hydrogen solution is industry-leading, and the commercial launch is planned before 2030. Volvo is taking another step towards net-zero CO2 emissions transport by starting on‑road trials of heavy trucks with combustion...
(Oilandgaspress) VPS has seen an increase in the levels of shale oil components in marine fuels bunkered recently in Singapore. Although we have received no reports of problems, from vessels using these fuels, we do recommend caution as detailed below: Over the course of February and...
(Oilandgaspress) In a context of sharply rising diesel prices, a fuel of which France is a major importer, and in order to continue protecting its customers in France for the Easter weekend, TotalEnergies has decided to extend until April 7: the capping of the price of...