Global economic outlook weakens amid energy shock and rising inflationary pressures London, (Oilandgaspress) The evolving conflict in the Middle East has become the dominant force shaping global economic prospects, prompting an energy shock that is driving inflationary pressures and is projected to have adverse impacts on...
London, (Oilandgaspress) Vietnam National Industry - Energy Group (PETROVIETNAM) invites interested partners to participate in the Open Bidding Round for Block 17 , Offshore Vietnam . This presents an opportunity for investors to access and evaluate investment in one of the petroleum potential blocks located in the Cuu Long Basin, Offshore...
(Oilandgaspress) Oil prices steadied on Tuesday after surging more than 5 per cent the previous day, pulled back by US president Donald Trump’s claim that he had brokered a halt to Israeli military action in Lebanon and that US-Iran negotiations were still on track. But...
Gülermak Renewables has acquired a ready to build solar PV project in Steyning near Worthing, West Sussex from Cero Generation. The project has a capacity of 19.3MWp. The London-headquartered platform said the Gate 2 compliant project is pending offer confirmation from NESO and is expected to connect...
London, (Oilandgaspress) New York’s attorney general sued the Trump administration Tuesday over one of its deals to end an offshore wind project. Under a deal made public in March, French company TotalEnergies is getting $1 billion — essentially a refund of its leases for offshore wind...
London, (Oilandgaspress) Subsea 7 S.A. announced the award of a sizeable contract by Murphy Exploration & Production Company for the String Music development in the US Gulf. The project includes the engineering, procurement, construction, and offshore installation of a production flowline and related subsea infrastructure tied...
London, (Oilandgaspress) Throughits Japanese joint venture Japan Offshore Marine (JOM), DEME has secured a contract for the Oga–Katagami–Akita Offshore Wind Project. The contract covers the engineering works and vessel charter for the offshore installation of 21 wind turbines under the contract between Oga Katagami Akita...
London, (Oilandgaspress) The 2026 World Smart Industry Expo grandly opened at the National Exhibition and Convention Center (Tianjin). Chen Min'er, member of the Political Bureau of the CPC Central Committee and Secretary of the Tianjin Municipal Party Committee, attended the opening ceremony and delivered a...
London, (Oilandgaspress) XPeng GX officially launched and began deliveries. The new vehicle offers two powertrains: pure electric and extended-range, with a total of eight models, redefining the benchmark for technological luxury. Within 12 hours of its launch, 24,863 orders were placed, with the Ultra flagship...
London, (Oilandgaspress) The opening of the first Maybach Atelier in Europe marks another milestone in the ongoing development of Mercedes‑Maybach’s global retail concept. Located on Nowy Świat Street in the heart of Warsaw – one of the most prestigious luxury destinations in Poland – the...
London, (Oilandgaspress) To mark Porsche Moldova’s 15th anniversary, Porsche has created a Sonderwunsch inspiration car that reflects the country’s cultural roots through a unique design and meticulous craftsmanship. Initiated by Porsche Moldova, the individualised 911 GT3 with Touring Package ‘Tree of Life’ was developed in...
London, (Oilandgaspress) Leapmotor continues it growth trajectory, achieving a new all-time monthly delivery record in May with 81.569 vehicles delivered (domestic and export deliveries). This performance marks a new significant milestone for the brand, representing an increase of 81% compared to May 2025, and a 14.26%...