London, (Oilandgaspress) Stellantis today announced that it will invest more than €1 billion in France to enable the production of three future Peugeot electric and hybrid models in the C-segment, based on the new STLA One platform. These three new vehicles will be assembled at...
(Oilandgaspress) BP reportedly said on Tuesday it was on track to hand over the running of the Baku-Tbilisi-Ceyhan (BTC) oil pipeline to Azerbaijan’s SOCAR from July 1 as part of a contractual obligation. Operational since 2006, the pipeline has the capacity to move more than one...
Hyundai Motor America reported May total sales of 87,468 units, a 3% increase compared with May 2025. It was a strong sales performance across the Hyundai lineup with sales increasing for core models including Elantra (+7%), Sonata (+39%), Tucson (+3%), Santa Fe (+2%), Palisade (+17%),...
London, (Oilandgaspress) INEOS Energy has signed a liquefied natural gas (LNG) supply agreement with Marubeni Corporation for delivery into Asian markets, marking the company’s first LNG deliveries into the Pacific Basin. Under the agreement, INEOS Energy will supply LNG on a Delivered Ex-Ship (DES) basis, providing...
London, (Oilandgaspress) After a number of strategic acquisitions 3t has established itself as a global leader in safety critical training by serving industries including oil and gas, renewables, utilities, gas, power and water. 3t is now training more than 200,000 delegates per year across the...
London, (Oilandgaspress) TechnipFMC announced that Eric D. Mullins has been appointed to its Board of Directors, effective June 1, 2026. Mr. Mullins is Chairman and Chief Executive Officer of Lime Rock Resources, a private equity fund focused on acquiring and developing low-risk oil and gas...
London, (Oilandgaspress) Built around Bentley’s class-leading performance V8 hybrid powertrains, the latest Flying Spur receives a fresh exterior with clean, modern and uninterrupted surfaces including single front headlamps for the first time on a Bentley sedan since 1962. In so doing, the design DNA of...
London, (Oilandgaspress) Iran has reportedly suspended all exchanges with the US via mediators on Monday, IRGC-affiliated news agency Tasnim reported, as the two sides remained apart on a deal to extend the ceasefire and end the war. Iran announced it would pursue "complete closure of Strait...
Total energy exports from the United States reached a record 31 quadrillion British thermal units (quads) in 2025, 2% more than the previous record set in 2024. U.S. energy imports were 21 quads, down 5% from 2024. Taken together, net trade—total imports less total exports—reached 11 quads of net...
(Oilandgaspress) Three months after the U.S.-Israeli strikes on Iran began on February 28, the world has already lost 1 billion barrels of crude oil supply, oil and gas prices have found a new, much higher floor, and whipsaw with violent volatility nearly every day, trade...
London, (Oilandgaspress) Hyundai Motor Company today unveiled its FIFA World Cup 2026™ global campaign film “Next Starts Now”. The 60-second cinematic brand film features next-generation football (soccer) talents alongside Son Heung-min and Boston Dynamics’ Atlas® robot. The film will air globally across approximately 180 countries via...
London, (Oilandgaspress) Rotterdam-based technology company Wattlab introduces WEstack: a standardised battery system for inland shipping that can be installed on board within a single working day. With the introduction of WEstack, Wattlab aims to remove one of the key barriers to decarbonisation in the sector:...