(Oilandgaspress) -] The Chancellor of the Federal Republic of Germany, His Excellency Friedrich Merz, visited ADNOC’s Headquarters during his official visit to the UAE. The visit builds on the €14.7 billion investment to support Covestro’s long-term growth as a German industrial champion by XRG,...
(Oilandgaspress) -] U.S. Rig Count is up 5 from last week to 551 with oil rigs up 1 to 412, gas rigs up 5 to 130 and miscellaneous rigs down 1 to 9.Canada Rig Count is down 4 from last week to 228 with oil...
(Oilandgaspress) -] His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates, and German Chancellor Friedrich Merz witnessed today the exchange of two Memoranda of Understanding (MoUs): one between RWE and ADNOC, and the other between RWE and Abu Dhabi Future...
(Oilandgaspress) The European Commission has reportedly proposed a new round of sanctions against Russia in a fresh attempt to intensify pressure on Moscow's high-intensity war economy and force concessions at the negotiating table. The main element inside the package is a full ban on maritime...
(Oilandgaspress) Hyundai has been awarded three Favorite Vehicle awards for 2026 by the Midwest Automotive Media Association (MAMA). The all-new Palisade received two Favorite awards, Favorite Vehicle and Favorite Family Vehicle, and its IONIQ 9 stablemate was named MAMA’s Favorite Electric Vehicle during an award...
(Oilandgaspress) TMPVL delivered revenues of ₹70.1K Cr (down 25.8%) and EBIT of ₹(3.3)K Cr (down ₹11.0K Cr). The performance continued to be impacted significantly by the cyber incident at JLR, as indicated earlier. The domestic performance improved QoQ on account of higher volumes and incentives....
(Oilandgaspress) The term “shipments” describes the volume of vehicles delivered to dealers, distributors, or directly from the Company to retail and fleet customers, which drive revenue recognition. Consolidated shipments for the three months ending December 31, 2025, were an estimated 1.5 million units, a 9%...
(Oilandgaspress) Stellantis N.V. announced that as part of the reset of its business and as it prepares for the communication of its new strategic plan in May of this year, it has conducted a thorough assessment of its strategy and related costs required to...
https://www.youtube.com/embed/QtkuUY1KvMg Charging,Fuel, Hybrid,BEV,Petrol,Diesel, Electric vehicle ,EV, Gas, eVTOL, aircraft, ...
(Oilandgaspress) -] LG Energy Solution, Stellantis, and NextStar Energy today announced that LG Energy Solution will acquire full ownership of NextStar Energy, with Stellantis selling its 49 per cent equity stake to LG Energy Solution. NextStar Energy was established as a joint venture by the two...
(Oilandgaspress) -] The municipalities around Hambach opencast mine and RWE are setting an example for the energy transition by expanding the partnership they entered into in 2024. Via a joint project company with RWE, NEULAND HAMBACH GmbH, which represents the interests of neighbouring municipalities Elsdorf,...
(Oilandgaspress) The American Petroleum Institute (API) reported a decline of 11.1 million barrels bringing stockpiles to 420.3 million barrels for the week ending February 4 The U.S. was the world’s largest crude oil producer in 2024, with production reaching a record 13.5 million barrels per day in...