(Oilandgaspress) -] Scientists at the RMIT University in Australia have simplified the conversion of carbon emissions into jet fuel by combining the removal and conversion processes into a single step. To demonstrate the industrial applicability of the technology, the team has built a 3-kilowatt (kW)...
(Oilandgaspress) -] Volkswagen Group China delivered the China Electronic Architecture (CEA) on schedule. This paves the way for the successful roll-off of its first CEA-based model, the VW ID. UNYX 07. The tech trailblazer marks Volkswagen Group’s entry into full cycle Software-Defined Vehicle production in...
(Oilandgaspress) -] With more investment predictability, a de-risked investment framework, and a coordinated build-out plan of up to 15 GW per year in Europe, Ørsted and the offshore wind industry is committed to bringing down the cost of electricity from offshore wind by 30 %...
(Oilandgaspress) -] Baker Hughes and Hydrostor, a leading global long duration energy storage (LDES) developer and operator, announced Wednesday a strategic technology solutions and equity agreement. Baker Hughes will deepen its relationship with Hydrostor, integrating Baker Hughes’ technology capabilities as part of Hydrostor’s core design...
(Oilandgaspress) -] Baker Hughes announced Wednesday multiple awards to progress one of the first low-carbon ammonia fertilizer production plants in the United States being developed by Wabash Valley Resources (WVR). Baker Hughes will supply essential compression and integrated well construction solutions that support multiple parts...
(Oilandgaspress) China's grid-connected wind and solar capacity reached 1.84 billion kilowatts (kW) in 2025, surpassing coal power for the first time in history, according to data from the National Energy Administration (NEA). The data shows that wind and solar energy now make up 47.3 percent...
(Oilandgaspress) -] Kongsberg Maritime has signed a contract to deliver a comprehensive deck machinery package for a new-generation 127-metre Floating Wind Construction Vessel (FWCV) being built for Hana Shipping of Korea. Scheduled for delivery in July 2027, this landmark project represents one of the most...
(Oilandgaspress) Oil prices up in early trading possibly due to weather impact on U.S. infrastructure. Analysts and traders estimated that as much as 2 million barrels per day (bpd) of production went offline over the weekend amid severe weather. Oil and Gas BlendsUnitsOil PriceChangeCrude Oil...
(Oilandgaspress) -] Strong performance underpins a year of record productionPerformance highlights Delivered record full-year production of 198.8 MMboe (545 Mboe/d), exceeding 2025 production guidance. Quarterly production of 48.9 MMboe (531 Mboe/d), down 4% from Q3 2025, driven by seasonal weather impacts and lower Australian east-coast demand. Delivered strong...
(Oilandgaspress) -] Equinor’s 2025 safety results show a generally positive trend at the end of the year. In the fourth quarter of 2025, the serious incident frequency per million hours worked (SIF) was 0.21, down from 0.3 at the end of 2024. Serious personal injuries are...
Chevron Corporation today announced Thomas W. Horton has joined the company’s Board of Directors as an Independent Director and has been appointed to the Board Audit Committee. Horton, 64, is a partner at Global Infrastructure Partners, a global infrastructure-investment firm, and was a senior advisor at private-equity investor Warburg Pincus....
(Oilandgaspress) -] Genel Energy plc issues the following trading and operations update in advance of the Company's full-year 2025 results, which are scheduled for release on 18 March 2026. The information contained herein has not been audited and may be subject to further review. FINANCIAL PERFORMANCE Working...