(Oilandgaspress) -] Baker Hughes announced Wednesday an award from Twenty20 Energy, a power generation company focused on enabling next-generation AI and digital infrastructure, for 10 Frame 5 gas turbines and associated generator technology supporting up to 250 MW of power generation capacity. Initial deliveries are...
(Oilandgaspress) -] Ferrari N.V. announced its consolidated preliminary unaudited results for the fourth quarter and twelve months ended December 31, 2025. Business dynamics in 2025 Ferrari continued to post strong growth, while expanding its profitability margins and continuing to invest to support its growth trajectory. Ferrari’s financial...
(Oilandgaspress) -] Warwick Capital Partners announced the successful acquisition of $670 million in assets to affiliates of Warwick and GRP Energy Capital (“GRP”), acquired from Viper Energy, a subsidiary of Diamondback Energy . The transaction, with an effective date of September 1, 2025, represents one...
(Oilandgaspress) -] Siemens Energy reported a strong performance from the previous fiscal year in the first quarter of 2026. Thanks to the continuing favorable market environment, driven in part by the rapid expansion of data centers, orders reached a new record level. Revenue and cash...
(Oilandgaspress) -] In 2025, TotalEnergies reports adjusted net income of $15.6 bn, down 15% year-on-year reflecting oil price decrease while cash flow of nearly $28 bn decreased by only 7% year-on-year,benefiting from the accretive growth of its production Return on average capital employed of 12.6%,the...
(Oilandgaspress) -] The Board of Directors met on February 10, 2026, and decided to propose at the Shareholders’ Meeting to be held on May 29, 2026, the dividend distribution of 3.40 €/share for fiscal year 2025, a 5.6% increase compared to the dividend for fiscal...
(Oilandgaspress) BP is seeking a license from the U.S. government to develop its Manakin-Cocuina gas field that crosses the border between Trinidad and Tobago and Venezuela, its interim CEO Carol Howle told Reuters on Tuesday.. Related News Nuclear power will therefore remain a cornerstone of France’s...
(Oilandgaspress) -] BMW is taking bidirectional charging to the next level, making Vehicle-to-Home (V2H), Vehicle-to-Load (V2L) and Vehicle-to-Grid (V2G) accessible to all customers. V2G is launching now: The BMW Group and E.ON are continuing their long-standing strategic partnership and are taking the next step following...
(Oilandgaspress) -] Honda Motor Co., Ltd. (Honda) today announced that the company will make organizational and operational changes, effective April 1, 2026, in order to sustainably offer the joy and freedom of mobility all around the world through its mobility products and services. In 2020, with...
(Oilandgaspress) -] Honda Motor Co., Ltd. announced plans to co-develop system-on-a-chip (SoC) for its software-defined vehicles (SDVs), with Mythic, a Texas, U.S.-based technology company. Honda has invested in Mythic, which has original technologies and a proven track record in this field of technologies, to establish technologies...
(Oilandgaspress) -] The new Mercedes-AMG promises an AMG-typical driving experience with even more driving pleasure on winding country roads. At the heart of the new model is the 3.0-liter inline six-cylinder engine with twin charging via an exhaust gas turbocharger and an electric auxiliary compressor....
(Oilandgaspress) Oil continues to respond to geopolitical-driven uncertainty as the US advised ships to steer clear of Iranian waters when navigating the Strait of Hormuz, Oil and Gas BlendsUnitsOil PriceChangeCrude Oil (WTI) OilpriceUSD/bbl$64.54DownCrude Oil (Brent)USD/bbl$69.32UpBonny Light 06/02/26 CBNUSD/bbl$71.25--DubaiUSD/bbl$68.10--Natural GasUSD/MMBtu$3.13DownMurbanUSD/bbl$69.61DownOPEC basket 09/02/26 OPECUSD/bbl$66.93DownAt press time February...