(Oilandgaspress) -] The new Cayenne Electric pushes the boundaries. With an output of up to 850 kW (1,156 hp), the top-of-the-range Cayenne Turbo is the most powerful Porsche production model of all time. The new generation also impresses with the largest screen area of a...
(Oilandgaspress) -] Equinor has signed an agreement with Vista Energy to divest its full onshore position in Argentina’s Vaca Muerta basin. The transaction includes Equinor’s 30% non-operated interest in the Bandurria Sur asset and its 50% non-operated interest in the Bajo del Toro asset. Equinor’s...
(Oilandgaspress) -] As agreed during the virtual meeting held by the eight countries with additional voluntary adjustments, including Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria, and Oman on 4 January 2026, the OPEC Secretariat received updated compensation plans as per the...
(Oilandgaspress) -] Maserati MCPURA Cielo - FROZEN MAGMA. This unique and bespoke model, crafted by the Maserati Fuoriserie program, masterfully blends visual and emotional opposites in a mix of power and timeless elegance. Its name is born from the encounter with an iconic location that,...
(Oilandgaspress) The eight OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman met virtually on 1 February 2026, to review global market conditions and outlook. The eight participating countries reaffirmed their...
(Oilandgaspress) -] The 12Cilindri honors the legendary legacy of Ferrari Grand Tourers of the 1950s and 1960s, embodying the essence of front-engined V12s: uncompromising, sophisticated versatility. The naturally aspirated 6.5-liter V12 delivers linear power progression and Ferrari's unmistakable acoustic signature, setting new performance standards for...
(Oilandgaspress) -] The latest evolution of the S‑Class delivers its most extensive update in one generation, taking a leading role in the most ambitious product launch programme in Mercedes‑Benz history. With more than 50 per cent of the S‑Class – around 2,700 components – newly...
(Oilandgaspress) -] Mercedes‑Benz is pioneering a new era of automated driving by accelerating the development of a robotaxi ecosystem. Building on its legacy of innovation, the car manufacturer has chosen the new S‑Class as the ideal vehicle, which is combining luxury, safety and cutting-edge technology....
(Oilandgaspress) U.S. Rig Count is up 2 from last week to 546 with oil rigs unchanged at 411, gas rigs up 3 to 125 and miscellaneous rigs down 1 to 10.Canada Rig Count is up 1 from last week to 232 with oil rigs down...
(Oilandgaspress) -] In the fourth quarter, we produced over 434,000 vehicles, delivered over 418,000 vehicles and deployed 14.2 GWh of energy storage products – a record for deployments Q4 2025 ProductionDeliveriesSubject to operating lease accountingModel 3/Y422,652406,5853%Other Models11,70611,6425%Total434,358418,2273% 2025 ProductionDeliveries Model 3/Y1,600,7671,585,279 Other Models53,90050,850 Total1,654,6671,636,129 Energy storage deployments for 2025 were 46.7 GWh. Information Source:...
(Oilandgaspress) -] Bentley Motors today reveals the new Bentayga X Concept at the FAT Ice Race at Zell am See. This unique Bentayga X Concept has been developed to stimulate and gain feedback for an enhanced off-road capable Bentayga, whilst also celebrating the start of...
(Oilandgaspress) -] Schroders Greencoat signed a strategic memorandum of understanding (MoU) with Contemporary Amperex Technology Co Ltd (CATL), a globally leading China-based battery maker, and Lochpine Capital to jointly explore, develop and invest in battery energy storage projects in Europe. Today’s MoU signing comes as Schroders...