(Oilandgaspress) -] –BW Energy and its partner Maurel & Prom have been notified that one of the existing joint venture partners in Block 14 and Block 14K has indicated its intention to exercise its pre-emption rights in relation to the transaction.The agreement entered into between...
(Oilandgaspress) -] –Jukka Siukosaari, MSc (Econ.), has been appointed Senior Vice President, Public Affairs and Geopolitics at Neste Corporation as of 1 June 2026. He will report to Heikki Malinen, President and CEO of Neste and be a member of Neste’s Extended Leadership Team. Siukosaari will...
(Oilandgaspress) -] –TotalEnergies has signed agreements to acquire a 42.5% operated interest in PEL104 Exploration license, located offshore Namibia, from Eight Offshore Investments Holdings (“Eight”) and Maravilla Oil & Gas. Upon completion of the transaction, TotalEnergies will be the operator of the license holding a 42.5%...
(Oilandgaspress) The rare earths export controls announced by China in October 2025 posed major national and economic security risks across the world, with potentially severe impacts for a range of strategic sectors including energy, automotive, defence, aerospace, AI and semiconductors. .. Related News The Pan-Africa Conglomerate,...
(Oilandgaspress) -] – Rolls-Royce Spectre is increasingly recognised by clients and collectors as a motor car of lasting significance. Commissioned with the same permanence that defines every Rolls-Royce, Spectre and its Black Badge alter ego have rapidly established their place within the marque’s emerging Goodwood-era...
(Oilandgaspress) -] – Jaguar Land Rover Automotive plc’s revenue for the quarter was £4.5bn, down 39% versus Q3 FY25 and £16.0bn YTD, down 24% YoY. This was largely driven by a reduction in wholesale volumes, which were impacted following the cyber incident, with production only...
(Oilandgaspress) -] – Waymo raised a $16 billion investment round valuing the company at $126 billion post-money. This capital underscores that the age of autonomous mobility at scale has arrived, and Waymo is leading the way. In addition to Alphabet’s strong sustained support as our...
(Oilandgaspress) -] – The Mercedes-Benz Museum ended the year 2025 with its second record in a row: it welcomed a total of 945,716 visitors – more than ever before in a single year. Compared to the previous peak year of 2024, this represents an increase...
(Oilandgaspress) -] – Chevron Corporation announced several senior leadership changes. Frank Mount, President, Corporate Business Development, will retire from Chevron in November 2026 after 33 years of service. Mount has led the company’s global business development activities since 2023. Jake Spiering, currently Director of Investor Relations, will...
(Oilandgaspress) -] – Baker Hughes announced an agreement with Marathon Petroleum, the largest U.S. petroleum refiner, to become its preferred provider for hydrocarbon treatment products and services at refineries across the United States. The multiyear preferred provider agreement was signed during Baker Hughes’ 26th Annual...
(Oilandgaspress) The International Energy Agency (IEA), the International Energy Forum (IEF), and the Organization of the Petroleum Exporting Countries (OPEC) today convened the world’s most influential policymakers in the global energy transformation at the 16th IEA-IEF-OPEC Symposium on Energy Outlooks. Held under the patronage of His...
(Oilandgaspress) -] – The development of Porsche’s future Formula E race car is in full swing as the new all-electric single-seater, which has been built to the ABB FIA Formula E World Championship’s fourth vehicle regulations, has been testing since November. With 600 kW (816 PS)...