(Oilandgaspress) U.S. Rig Count is down 1 from last week to 543 with oil rigs up 1 to 410, gas rigs down 2 to 122 and miscellaneous rigs unchanged at 11.Canada Rig Count is up 29 from last week to 226 with oil rigs up...
Mitsubishi Corporation (“MC”) has agreed to acquire all equity interests in Aethon III LLC, Aethon United LP, and related entities and interests (collectively “Aethon”). This transaction marks MC’s entry into the U.S. shale gas business across the value chain, from upstream ownership through domestic sales...
(Oilandgaspress) Reliance is entering a new phase of value creation with its initiatives in the AI and New Energy domains. Quarterly Performance (3Q FY26 vs 3Q FY25) Gross Revenue increased by 10.0% Y-o-Y to ₹ 293,829 crore ($ 32.7 billion) JPL revenue increased by 12.7% Y-o-Y led...
(Oilandgaspress) Japan's Ministry of Economy, Trade and Industry (METI) has awarded its first international low-carbon ammonia projects under the government's hydrogen Contract-for-Difference (CfD) scheme, marking a pivotal shift from small-scale domestic projects to large-scale international supply chains, according to Wood Mackenzie. The two projects, led by...
(Oilandgaspress) A wave of new liquefied natural gas (LNG) supply could reverse a decade of European industrial decline, cutting annual energy costs by €39 billion by 2032 and delivering cumulative savings of €180 billion, equivalent to 1% of EU’s current GDP according to Wood Mackenzie's...
(Oilandgaspress) Oil prices were slightly up on Friday with both Brent and U.S. West Texas Intermediate up a few cents after the likelihood of a U.S. strike on Iran receded.on Thursday, US President announced that Tehran's crackdown on the protesters was easing, allaying worries over...
(Oilandgaspress) Porsche AG, Stuttgart, delivered a total of 279,449 cars to customers around the world in 2025. The figure was 310,718 for the previous year, representing a decline of 10 per cent. Porsche’s top priority remains a value-oriented derivative mix. With 84,328 deliveries, the Macan was...
(Oilandgaspress) The most highly-curated Batur Convertible so far has been completed by Bentley’s bespoke division, Mulliner. The art of creating a coachbuilt Bentley has become a repeat experience for the car’s new owner, with Batur Convertible #4 joining an extensive car collection which includes a...
(Oilandgaspress) Bentley Motors announced it has been recognised as a UK Top Employer for the 15th consecutive year by the internationally renowned Top Employers organisation. Active in 131 countries, the institute is the global authority in HR certification, benchmarking and advisory. The programme is based...
(Oilandgaspress) SOCAR has entered another important stage in Azerbaijan’s gas exports by selling significant volumes of gas, to be transported via TAP, the European segment of the Southern Gas Corridor, to the markets of Southern and Central Europe. Thus, starting from January 2026, Azerbaijani gas...
(Oilandgaspress) Joby Aviation are set to begin commercial operations in Dubai by the end of this year, Dubai's Roads and Transport Authority Chairman Mattar Al Tayer said on Friday. Joby Aviation conducted the first test flight of its fully electric air taxi in the emirate in...
(Oilandgaspress) Joby Aviation announced it has accepted the first of two flight simulators developed in partnership with CAE, a global leader in pilot training. The simulators, scheduled to be qualified amongst the highest Federal Aviation Administration (FAA) classifications for flight simulation, provide the ultra-realistic environment...