(Oilandgaspress) - Mass tree planting in China is turning one of the world's largest and driest deserts into a carbon sink, meaning it absorbs more carbon from the atmosphere than it emits, new research reveals. The Taklamakan Desert stretches across about 130,000 square miles (337,000 square...
(Oilandgaspress) - Researchers have developed a solar cell system that uses mirrors to concentrate solar energy. In addition to electricity, it produces heat for a plant that will capture carbon from industrial emissions. The solar cells in the large pilot plant are a full five...
(Oilandgaspress) - Ferrari N.V.announced that its Board of Directors intends to recommend to the Company’s shareholders a dividend distribution to the holders of common shares of Euro 3.615 per common share, with an increase of approximately 21% compared to the prior year and corresponding to...
(Oilandgaspress) - As the world grapples with accelerating climate change and mounting evidence of severe weather events, governments and businesses face a stark reality: despite ambitious pledges under the Paris Agreement, most nations have fallen short of their commitments to curb greenhouse gas emissions. The...
(Oilandgaspress) Oil prices up as U.S.–Iran talks unresolved. The US military will be ready for a possible attack on Iran from Saturday, senior national security officials have told President Donald Trump, according to multiple US media reports. Crude oil inventories in the United States decreased...
(Oilandgaspress) - The new Audi RS 5* is Audi Sport’s first high-performance plug-in hybrid (PHEV) – with real RS DNA and the highly-tuned hybrid-technology to match. The RS 5* masters any situation with agility and impressive precision. It covers an extremely wide spread of driving...
(Oilandgaspress) - Total Company revenue in the full year was $9,932.6 million. Net income attributable to TechnipFMC was $963.9 million, or $2.30 per diluted share. These results included after-tax charges and credits totaling $63.1 million of expense, or $0.15 per share. Adjusted net income was $1,027...
(Oilandgaspress) - Saipem announces that it has reached an agreement with Deep Value Driller AS (“DVD”) on the main terms and conditions for the acquisition of the seventh generation mobile offshore drilling unit Deep Value Driller. The agreed purchase price amounts to 272.5 million USD....
(Oilandgaspress) - Valaris has secured new contracts and extensions totaling nearly $900 million in additional backlog since its last fleet update in October 2025, driven by continued demand for offshore drilling and support services across multiple regions. Total contract backlog has increased to approximately $4.7...
(Oilandgaspress) - -- New heavy goods vehicle (HGV) registrations declined by -10.0% in 2025 with 40,504 new trucks joining UK roads, according to the latest data published by the Society of Motor Manufacturers and Traders (SMMT). The market contracted every quarter last year, reflecting a...
The UK’s shift to cheap, clean transport got a major boost with the launch of ‘Octopus Fleet’ – the one-stop shop for all businesses looking to electrify their fleet operations with ease. Whether businesses are just getting started with EVs or already going full throttle, Octopus Fleet offers the ultimate mix-and-match...
(Oilandgaspress) - -- Octopus Energy Generation, one of Europe’s leading investors in renewable energy, is injecting nearly $1 billion in California’s next-gen tech scene – deepening its foothold in one of the world’s most advanced clean energy markets. Through its funds, Octopus will back two Californian...