(Oilandgaspress) -] Equinor delivered an adjusted operating income* of USD 6.20 billion and USD 1.55 billion after tax* in the fourth quarter of 2025. Equinor reported a net operating income of USD 5.49 billion and a net income of USD 1.31 billion. Adjusted net income*...
(Oilandgaspress) -] Equinor will on 5 February 2026 commence the first tranche of up to USD 375 million of the share buy-back programme for 2026, as announced in relation with the company’s fourth quarter results on 4 February 2026. In this first tranche of the share...
(Oilandgaspress) -] TotalEnergies and Tikehau Capital have announced the creation of a joint investment platform to promote the development of charging infrastructure for electric vehicles in urban public spaces in Belgium and the Netherlands. This partnership will support municipal authorities through the EV transition and...
(Oilandgaspress) -] TenneT Holding has reached an agreement with Kreditanstalt für Wiederaufbau (KfW), acting on behalf of the German government, on the sale of a 25.1% stake in TenneT Germany for approx. EUR 3.3 billion This investment strengthens the financial position of TenneT Germany as the...
(Oilandgaspress) -] Dubai, UAE - 3rd February 2026: The Maritime Standard Ship Finance and Trade Conference 2026 will take place on 9 February 2026 at Grosvenor House, Dubai, bringing together more than 300 senior decision makers from ship finance, banking, shipping, ports, shipbroking, maritime law,...
(Oilandgaspress) -] Hyundai today announced it has earned eight 2026 Editors’ Choice Awards from the automotive experts at Car and Driver, reinforcing the brand’s reputation for offering one of the most well-rounded and competitive lineups in the industry. The legendary publication’s annual Editors’ Choice Awards...
(Oilandgaspress) -] Hyundai Motor America began 2026 with a record‑setting January, reporting U.S. total sales of 55,624 units, an increase of 2% compared with January 2025. The milestone was supported by surging hybrid demand, strong electrified performance and continued strength across Hyundai’s core SUVs, which...
(Oilandgaspress) -] A.P. Moller - Maersk (Maersk) has taken delivery of the first vessel in a new series consisting of six mid-size vessels. The delivery took place at Yangzijiang Shipbuilding Group’s yard in Jingjiang, China, where the vessel was named Tangier Mærsk. The six vessels in...
(Oilandgaspress) -] TotalEnergies and Kuwait Oil Company (KOC) signed today a Memorandum of Understanding (MoU) to strengthen their cooperation, exchange expertise and conduct technical studies. The signing ceremony took place in the presence of Patrick Pouyanné, Chairman and Chief Executive Officer of TotalEnergies, Sheikh Nawaf Saud...
(Oilandgaspress) -] KBR announced that it has been awarded a new cost-plus-fixed-fee contract with a ceiling value of $149 million under the Acquisition, Data, Engineering, Digital, Decision Integration and Software (ADEDDIS) program. The Air Force Life Cycle Management Center (AFLCMC) EB Armament Directorate awarded the...
(Oilandgaspress) -] Leticia Mandiola, one of the employee-elected members of the Board of Directors of Ørsted A/S, has stepped down as board member. The first alternate, Arul Gynasegaran (Senior Project Lead, Engineering), has replaced Leticia Mandiola as employee-elected board member of Ørsted A/S. Information Source: Read...
(Oilandgaspress) -] Ørsted has signed an agreement with Copenhagen Infrastructure Partners (CIP), through its fifth flagship fund, Copenhagen Infrastructure V (CI V), to divest its entire European onshore business. The total value of the transaction is EUR 1.44 billion (DKK 10.7 billion) with expected closing...