(Oilandgaspress) -] Mercedes‑Benz is pioneering a new era of automated driving by accelerating the development of a robotaxi ecosystem. Building on its legacy of innovation, the car manufacturer has chosen the new S‑Class as the ideal vehicle, which is combining luxury, safety and cutting-edge technology....
(Oilandgaspress) U.S. Rig Count is up 2 from last week to 546 with oil rigs unchanged at 411, gas rigs up 3 to 125 and miscellaneous rigs down 1 to 10.Canada Rig Count is up 1 from last week to 232 with oil rigs down...
(Oilandgaspress) -] In the fourth quarter, we produced over 434,000 vehicles, delivered over 418,000 vehicles and deployed 14.2 GWh of energy storage products – a record for deployments Q4 2025 ProductionDeliveriesSubject to operating lease accountingModel 3/Y422,652406,5853%Other Models11,70611,6425%Total434,358418,2273% 2025 ProductionDeliveries Model 3/Y1,600,7671,585,279 Other Models53,90050,850 Total1,654,6671,636,129 Energy storage deployments for 2025 were 46.7 GWh. Information Source:...
(Oilandgaspress) -] Bentley Motors today reveals the new Bentayga X Concept at the FAT Ice Race at Zell am See. This unique Bentayga X Concept has been developed to stimulate and gain feedback for an enhanced off-road capable Bentayga, whilst also celebrating the start of...
(Oilandgaspress) -] Schroders Greencoat signed a strategic memorandum of understanding (MoU) with Contemporary Amperex Technology Co Ltd (CATL), a globally leading China-based battery maker, and Lochpine Capital to jointly explore, develop and invest in battery energy storage projects in Europe. Today’s MoU signing comes as Schroders...
(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...