(Oilandgaspress) -] Mercedes‑Benz is strengthening its position in China with a focused plan that expands local R&D partnerships and accelerates next‑level localisation across the supply chain, innovating in China for China. Building on a strong 7 million customer base, direct customer insight continues to shape China-specific...
(Oilandgaspress) -] Mercedes-Benz Group delivered annual results within guidance, supported by sales of Top-End Vehicles and rigorous cost discipline, driving cash generation and enabling the company to navigate a complex and dynamic global landscape in 2025. Top‑End cars reached 15% of overall sales for Mercedes-Benz...
(Oilandgaspress) -] Based on the preliminary results for the 2025 financial year published today, eligible Mercedes-Benz employees are expected to receive a profit-sharing bonus of up to 3,139 euros. In doing so, the company is sharing the jointly achieved results of the previous financial year...
(Oilandgaspress) -] Nissan Motor Co., Ltd. Global sales reached 2.26 million units, mainly led by the US and China. Consolidated net revenue totaled 8.6 trillion yen, with an operating profit of -10.1 billion yen, reflecting a notable improvement from the cumulative results through the...
(Oilandgaspress) -] Volvo Cars in collaboration with world-leading type studio Dalton Maag, have created a bespoke typeface designed to make reading faster, attention sharper, and the driving experience calmer. Made to work across all platforms and driving conditions, the typeface Volvo Centum supports over 800 languages...
(Oilandgaspress) -] Toyota Motor Corporation (Toyota) announced that it will expand its battery electric vehicle (BEV) lineup in North America as part of its multi-pathway approach toward achieving a carbon-neutral society. As part of this effort, Toyota Motor North America (TMNA), Toyota's North American business...
(Oilandgaspress) -] Eni has been awarded the offshore exploration License O1 following the Libyan NOC’s competitive 2025 open licensing round. The concession has been granted to a consortium led by Eni in partnership with QatarEnergy, marking a significant step forward in strengthening Eni’s upstream position...
(Oilandgaspress) -] In addition to the all-electric, locally emissions-free Zafira Electric, the multi-talented family van is also available with a latest-generation 2.2-litre diesel engine. With 132 kW (180 hp) of power and 400 Newton metres of maximum torque, the newly developed engine delivers powerful performance...
(Oilandgaspress) -] The 2026 Audi A6 receives a host of comprehensive mid-model-year hardware and software-design updates designed to improve the driving and ownership experience. The new driver and customer-centric features closely mirror those previously announced for the 2026 A5/Q5 and 2027 A6/Q6 e-tron model families,...
(Oilandgaspress) -] Chevron Corporation by its subsidiary Chevron Business Development EMEA Ltd., has entered Libya after it was designated as a winning bidder in the 2025 Libyan Bid Round. This follows the signing of a Memorandum of Understanding (MoU) with the country’s National Oil Corporation...
(Oilandgaspress) Oil prices continues to rise buoyed by escalating risk as U.S.–Iran talks remained tenuous, while draws of crude from key stockpiles suggested stronger demand possibly due to the weather. Oil and Gas BlendsUnitsOil PriceChangeCrude Oil (WTI) OilpriceUSD/bbl$65.47UpCrude Oil (Brent)USD/bbl$70.34UpBonny Light 06/02/26 CBNUSD/bbl$71.25--DubaiUSD/bbl$68.10--Natural GasUSD/MMBtu$3.00DownMurbanUSD/bbl$70.34UpOPEC basket 10/02/26...
(Oilandgaspress) The board declared a quarterly dividend of $0.12 per share, payable March 20, 2026, to holders of Dana common stock as of February 27. This is an increase of 20 percent over the prior quarterly dividend.Also today, the board of directors increased and extended...