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06 Feb China’s AutoFlight unveils world’s first 5-ton eVTOL aircraft capable of carrying 10 passengers

Posted at 14:30h in Videos by oilandgaspress 0 Comments

https://www.youtube.com/embed/QtkuUY1KvMg Charging,Fuel, Hybrid,BEV,Petrol,Diesel, Electric vehicle ,EV, Gas, eVTOL, aircraft, ...

06 Feb LG Energy Solution Acquires NextStar Energy

Posted at 13:33h in Press Releases by oilandgaspress 0 Comments

(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...

06 Feb RWE and municipalities expand collaboration

Posted at 13:23h in Renewables by oilandgaspress 0 Comments

(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,...

06 Feb Energy / Automotive News, Baker Hughes Rig Count: International +14 to 1,079

Posted at 12:45h in Press Releases by oilandgaspress 0 Comments

(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 worldâ€™s largest crude oil producer in 2024, with production reaching a record 13.5 million barrels per day in...

06 Feb TMC Announces Changes to Executive Structure

Posted at 09:46h in News analysis, Views by oilandgaspress 0 Comments

(Oilandgaspress) -] –Toyota Motor Corporation (TMC) announced today that it intends to implement changes to its executive structure effective April 1, 2026, and changes to its Board of Directors effective the date of its 122nd Ordinary General Shareholders' Meeting. Executive changes effective April 1Koji Sato, President...

06 Feb JLR reports revenue for Q4 FY25 of £4.5bn

Posted at 09:02h in News analysis, Views by oilandgaspress 0 Comments

(Oilandgaspress) -] –JLR’s revenue for the quarter was £4.5bn, down 39% versus Q3 FY25 and £16.0bn YTD, down 24% YoY. This was largely driven by a reduction in wholesale volumes, which were impacted following the cyber incident, with production only returning to normal levels by...

06 Feb Vestas wins 26 MW order in New Zealand

Posted at 08:55h in Renewables by oilandgaspress 0 Comments

(Oilandgaspress) -] –Vestas has received an order for the 26 MW Kapuni Wind Farm in New Zealand from Hiringa Energy Limited.The order includes supply and installation of 4 V162-6.4 MW EnVentus wind turbines optimised to boost energy output. The order also includes a 20-year service...

06 Feb Use of Renewable Plastics in Sony’s High-Performance Products

Posted at 08:51h in Press Releases by oilandgaspress 0 Comments

(Oilandgaspress) -] –Sony Corporation (Sony), Mitsubishi Corporation, ADEKA CORPORATION , CHIMEI Corporation, ENEOS Corporation, Formosa Chemicals & Fibre Corporation, Hanwha Impact Corporation, Idemitsu Kosan Co., Ltd., Mitsui Chemicals, Inc., Neste Corporation, Qingdao Haier New Material Development Co., Ltd., SK Geo Centric Co., Ltd., Toray Industries,...

06 Feb Baker Hughes Declares Quarterly Dividend

Posted at 08:44h in Press Releases by oilandgaspress 0 Comments

(Oilandgaspress) -] –The Baker Hughes Board of Directors declared a quarterly cash dividend of $0.23 per share of Class A common stock payable on Feb. 27, 2026, to holders of record on Feb. 17, 2026. Baker Hughes expects to fund its quarterly cash dividend from cash...

06 Feb BW Energy provides Update on Angola transaction

Posted at 08:40h in Press Releases by oilandgaspress 0 Comments

(Oilandgaspress) -] –BW Energy and its partner Maurel & Prom have been notified that one of the existing joint venture partners in Block 14 and Block 14K has indicated its intention to exercise its pre-emption rights in relation to the transaction.The agreement entered into between...

06 Feb Neste appoints new Senior Vice President

Posted at 08:36h in Press Releases by oilandgaspress 0 Comments

(Oilandgaspress) -] –Jukka Siukosaari, MSc (Econ.), has been appointed Senior Vice President, Public Affairs and Geopolitics at Neste Corporation as of 1 June 2026. He will report to Heikki Malinen, President and CEO of Neste and be a member of Neste’s Extended Leadership Team. Siukosaari will...

06 Feb TotalEnergies Expands its Exploration Portfolio as Operator in Namibia

Posted at 08:32h in Press Releases by oilandgaspress 0 Comments

(Oilandgaspress) -] –TotalEnergies has signed agreements to acquire a 42.5% operated interest in PEL104 Exploration license, located offshore Namibia, from Eight Offshore Investments Holdings (“Eight”) and Maravilla Oil & Gas. Upon completion of the transaction, TotalEnergies will be the operator of the license holding a 42.5%...