(Oilandgaspress) Oil prices up as the threat of military conflict between the U.S. and Iran threatening to disrupt supply continues to worry investors even as talks between the parties are set for Thursday. Oil and Gas BlendsUnitsOil PriceChangeCrude Oil (WTI) OilpriceUSD/bbl$66.13UpCrude Oil (Brent)USD/bbl$71.35UpBonny Light 24/02/26 CBNUSD/bbl$73.35--DubaiUSD/bbl$68.23DownNatural...
(Oilandgaspress) - Eni announces a further important strategic investment in biorefining. In addition to the Priolo project, the final investment decision (FID) has also been approved for Eni's plan to convert certain units of the Sannazzaro de’ Burgondi refinery (Pavia, Lombardy) into a biorefinery. Both projects...
(Oilandgaspress) The daily rate for hiring a very large crude carrier (VLCC) capable of shipping 2 million barrels of crude jumped to as much as $170,000 on Tuesday, tripling since the beginning of 2026. Supertanker rates to ship crude on the key Middle East-to-China route...
(Oilandgaspress) - KBR announced a strategic initiative within its Mission Technology Solutions business to expand digital engineering capabilities for the U.S. military, rapidly modernizing processes and capabilities in response to emerging threats and technological advancements. KBR’s growth in its digital engineering capabilities includes investing in cutting-edge...
(Oilandgaspress) - Ampere, the EV and software pure player from Renault Group, has entered into a Joint Development Agreement with Basquevolt, to accelerate the development and validation of Lithium metal-based batteries for future electric vehicles. Basquevolt's lithium metal-based battery technology offers a transformative leap in energy density compared...
(Oilandgaspress) - Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, has shipped an ammonia fuel supply system (AFSS) and an ammonia gas abatement system (AGAS) for Japan Engine Corporation (J-ENG). Both systems are designed for the first ammonia-fueled marine engine model...
(Oilandgaspress) - Baker Hughes announced it was awarded an order to supply 25 BRUSH™ Power Generation electric generators, along with Automatic Voltage Regulators (AVRs) and cubicles, to Boom Supersonic. These specialized generators will be paired with Boom’s innovative 42-megawatt (MW) Superpower natural gas turbines to...
(Oilandgaspress) - Registro Italiano E-motion is the world’s first Porsche Club for all-electric sports cars. One weekend in September, 131 participants and 73 electric vehicles set out on the club’s first-ever road trip – to Hans-Peter Porsche’s Traumwerk museum just outside of Salzburg – launching...
(Oilandgaspress) - BMW Welt has firmly established itself as an integral part of Munich’s cityscape, as well as the cultural and events scene in the Bavarian capital and beyond. 25 years ago, planning began for what would become one of Bavaria’s most-visited attractions. BMW Welt...
(Oilandgaspress) The European oil and gas stocks index hit a record high on Monday, surpassing a previous record hit in 2007, helped in recent weeks by a rise in the price of oil. At 1450 in London the basket was up 1.5%. Oil and gas...
(Oilandgaspress) - Enel is presenting the Group’s 2026-2028 Strategic Plan to financial markets and the media. In 2023-2025, the Enel Group achieved the targets announced to the market. Specifically, the Group: completed the disposal plan announced in 2022, reducing Net Financial Debt in order to...
(Oilandgaspress) - Enel S.p.A. , acting through its wholly owned subsidiaries Enel Green Power North America and EGPNA Project Holdco 2, signed agreements with Excelsior Energy Capital for the acquisition of a portfolio of wind and solar plants, located in the United States, with an...