(Oilandgaspress) -] Patrick Pouyanné, Chairman and CEO of TotalEnergies and Paula Amorim, Chairman of Galp, held a joint meeting today with the President of the Republic of Namibia, Netumbo Nandi-Ndaitwah, to reiterate their long‑term commitment to the country and provide an update on the progress...
(Oilandgaspress) -] Global production in the January-December period declined 5.7% from a year earlier.Production in Japan declined 13.9% from a year earlier.Production outside Japan declined 3.5% from a year earlier. Sales Dec. 2025(vehicles)Year-on-yearchange (%)Jan. - Dec. 2025(vehicles)Year-on-yearchange (%)Jan. - Dec. 2024(vehicles) Passenger vehicles12,339-20.0193,794-21.1245,539Commercial vehicles2,713-22.943,967+7.240,995Japan (registration)15,052-20.5237,761-17.0286,534Japan (minivehicles)13,287+5.9165,216-12.5188,845Japan (incl. minivehicles)28,339-10.0402,977-15.2475,379 US82,019+10.4926,153+0.2924,008Canada7,143+29.1109,743+6.5103,092Mexico29,383+15.9275,662+7.6256,227North...
(Oilandgaspress) Venezuela's National Assembly unanimously approved a reform of the Hydrocarbons Law on Jan. 29, with the intent of opening up Venezuela's oil industry in order to boost production and exports. Related News The use of renewable energy sources in heating and cooling continues to increase...
(Oilandgaspress) -] Octopus Electric Vehicles, the UK’s leading EV-only leasing specialist, has revealed the electric cars its customers loved most in 2025, alongside its Q4 rankings - painting a clear picture of how driver preferences are evolving as electric cars go mainstream. The final quarter of...
(Oilandgaspress) -] Octopus Energy Group, the UK’s largest energy supplier, has today announced a new joint venture with China’s PCG Power to trade renewable energy across the world’s largest clean energy market. The deal, announced during the Prime Minister’s official visit to China, marks Octopus’ entry...
(Oilandgaspress) -] Cairn Oil & Gas, part of Vedanta Ltd., and India’s largest private oil and gas exploration and production company, has notified the DGH and Ministry of Petroleum and Natural Gas a hydrocarbon (Gas) discovery in its appraisal well Ambe-2A on the West Coast....
(Oilandgaspress) -] Chevron Corporation reported earnings of $2.8 billion ($1.39 per share - diluted) for fourth quarter 2025, compared with $3.2 billion ($1.84 per share - diluted) in fourth quarter 2024. Included in the quarter was a net loss of $128 million due to pension...
(Oilandgaspress) -] Drax announced that it has signed a tolling agreement with West Burton C Limited, a company owned by Fidra Energy (“Fidra”, an independent Battery Energy Storage Systems “BESS” developer)(1), for 250MW (500MWh) of new BESS capacity. Under the agreement Fidra will retain responsibility for...
(Oilandgaspress) -] Thomas Illner, currently COO of Porsche Germany, will assume the position of CEO Porsche Latin America starting in March 2026. Ragnar Schulte, currently Director of Experiential Marketing at Porsche AG, will take over as CEO Porsche Asia Pacific as of May 2026. Information Source:...
(Oilandgaspress) -] Delta Electronics, Inc. announced a partnership with MODEC (MODEC, Inc.) and fuel cell developer Eld Energy AS (“Eld energy”) to advance maritime energy transition. Under the agreement, Delta will supply Solid Oxide Stacks, Power Conditioning Systems (PCS), and converters for Eld Energy’s...
Oil prices rose to its highest level yet since summer last year due to Iran concerns and a weak U.S.dollar.Gold prices are also up as hitting a new all-time high of just under $5,595/oz. Silver also set a new record @ $120/oz. Investors are reportedly...
(Oilandgaspress) -] Ingka Group, the largest IKEA retailer, today released its Annual Summary and Sustainability Report (ASSR) for Financial Year 2025 (FY25). The company continues to strengthen its commitment to building a more resilient business, while serving more customers and enabling them to live more...