(Oilandgaspress) - Renault Group, Volvo Group and CMA CGM Group today signed a binding agreement, subject to antitrust approvals, enabling Renault Group to acquire full ownership of Flexis SAS, the joint venture established by the three companies in 2024 to create a groundbreaking new generation...
(Oilandgaspress) - KBR announced that it has been awarded a major contract by Basra Oil Company (BOC) to provide Integrated Field Management Services (IFMS) for the gigantic Majnoon Oil Field. Located in southern Iraq, Majnoon is one of the world’s largest oil fields, with estimated...
(Oilandgaspress) - At the International Agricultural Show, InVivo, France’s leading agricultural cooperative group, and TotalEnergies announce the signing of a new partnership to support the energy transition of French farms. This partnership aims to develop energy and agricultural solutions to strengthen farm autonomy, create new sources...
(Oilandgaspress) - CRC Evans, the leading welding and coating specialist for energy and infrastructure projects, has secured $37m in new global contracts in January 2026, marking a record month for the company. The contract wins highlight the continued momentum of CRC Evans’ growth strategy that has...
(Oilandgaspress) - Alfa Romeo announces the reopening of orders for the Giulia and Stelvio Quadrifoglio in Europe from early March. A decision that forms part of the brand's strategy to extend production of the current Giulia and Stelvio to 2027, in response to requests from...
(Oilandgaspress) - Porsche brand Pop-up in Shanghai achieved a major milestone, as the venue welcomed its 100,000th visitor since opening in late September 2025. Located on Shanghai's iconic Huaihai Road – a vibrant artery of the city's modern and stylish lifestyle – Porsche’s first brand pop-up...
(Oilandgaspress) U.S. Rig Count is unchanged from last week at 551 with oil rigs unchanged at 409, gas rigs unchanged at 133 and miscellaneous rigs unchanged at 9.Canada Rig Count is up 2 from last week to 224 with oil rigs unchanged at 153, gas...
(Oilandgaspress) - Tullow Oil plc reports 2025 revenue of c.$847 million (including c.$19 million hedge costs) at an average realised oil price (pre-hedging) of $67.8/bbl. · 2025 capital and decommissioning expenditure were c.$166 million and c.$17 million respectively, in line with guidance. · 2025 free cash flow...
(Oilandgaspress) - Tullow Oil plc (Tullow) announced that the extension of its West Cape Three Points and Deep Water Tano Petroleum Agreements, which cover the Jubilee and TEN fields in Ghana, have been ratified by the Ghanaian Parliament. Accordingly, these agreements have been extended to 31...
(Oilandgaspress) - Tullow Oil plc announced that it has entered into a binding Lock-Up Agreement to implement a refinancing transaction with holders of c.66% of its $1,285,245,000 10.25% senior secured notes due May 2026, and the holders thereof, the “Noteholders”) and with Glencore Energy UK...
(Oilandgaspress) The U.S Supreme Court delivered a major blow to President Donald Trump, ruling Friday that he exceeded his authority when imposing sweeping tariffs using a law reserved for a national emergency. The justices, divided 6-3, held that Trump's aggressive approach to tariffs on products entering...
(Oilandgaspress) - Vestas has received a firm order for RWE’s 1,380 MW Vanguard West offshore wind project in the United Kingdom. This new order follows the strong outcomes of Allocation Round 7, which has reinforced confidence in the UK’s offshore wind pipeline and helped accelerate...