(Oilandgaspress) -] Eni has been awarded the offshore exploration License O1 following the Libyan NOC’s competitive 2025 open licensing round. The concession has been granted to a consortium led by Eni in partnership with QatarEnergy, marking a significant step forward in strengthening Eni’s upstream position...
(Oilandgaspress) -] In addition to the all-electric, locally emissions-free Zafira Electric, the multi-talented family van is also available with a latest-generation 2.2-litre diesel engine. With 132 kW (180 hp) of power and 400 Newton metres of maximum torque, the newly developed engine delivers powerful performance...
(Oilandgaspress) -] The 2026 Audi A6 receives a host of comprehensive mid-model-year hardware and software-design updates designed to improve the driving and ownership experience. The new driver and customer-centric features closely mirror those previously announced for the 2026 A5/Q5 and 2027 A6/Q6 e-tron model families,...
(Oilandgaspress) -] Chevron Corporation by its subsidiary Chevron Business Development EMEA Ltd., has entered Libya after it was designated as a winning bidder in the 2025 Libyan Bid Round. This follows the signing of a Memorandum of Understanding (MoU) with the country’s National Oil Corporation...
(Oilandgaspress) Oil prices continues to rise buoyed by escalating risk as U.S.–Iran talks remained tenuous, while draws of crude from key stockpiles suggested stronger demand possibly due to the weather. Oil and Gas BlendsUnitsOil PriceChangeCrude Oil (WTI) OilpriceUSD/bbl$65.47UpCrude Oil (Brent)USD/bbl$70.34UpBonny Light 06/02/26 CBNUSD/bbl$71.25--DubaiUSD/bbl$68.10--Natural GasUSD/MMBtu$3.00DownMurbanUSD/bbl$70.34UpOPEC basket 10/02/26...
(Oilandgaspress) The board declared a quarterly dividend of $0.12 per share, payable March 20, 2026, to holders of Dana common stock as of February 27. This is an increase of 20 percent over the prior quarterly dividend.Also today, the board of directors increased and extended...
(Oilandgaspress) -] Baker Hughes announced Wednesday an award from Twenty20 Energy, a power generation company focused on enabling next-generation AI and digital infrastructure, for 10 Frame 5 gas turbines and associated generator technology supporting up to 250 MW of power generation capacity. Initial deliveries are...
(Oilandgaspress) -] Ferrari N.V. announced its consolidated preliminary unaudited results for the fourth quarter and twelve months ended December 31, 2025. Business dynamics in 2025 Ferrari continued to post strong growth, while expanding its profitability margins and continuing to invest to support its growth trajectory. Ferrari’s financial...
(Oilandgaspress) -] Warwick Capital Partners announced the successful acquisition of $670 million in assets to affiliates of Warwick and GRP Energy Capital (“GRP”), acquired from Viper Energy, a subsidiary of Diamondback Energy . The transaction, with an effective date of September 1, 2025, represents one...
(Oilandgaspress) -] Siemens Energy reported a strong performance from the previous fiscal year in the first quarter of 2026. Thanks to the continuing favorable market environment, driven in part by the rapid expansion of data centers, orders reached a new record level. Revenue and cash...
(Oilandgaspress) -] In 2025, TotalEnergies reports adjusted net income of $15.6 bn, down 15% year-on-year reflecting oil price decrease while cash flow of nearly $28 bn decreased by only 7% year-on-year,benefiting from the accretive growth of its production Return on average capital employed of 12.6%,the...
(Oilandgaspress) -] The Board of Directors met on February 10, 2026, and decided to propose at the Shareholders’ Meeting to be held on May 29, 2026, the dividend distribution of 3.40 €/share for fiscal year 2025, a 5.6% increase compared to the dividend for fiscal...