(Oilandgaspress) Robin Mooldijk, President, Projects and Technology will step down after 35 years of distinguished service with Shell, effective 28 February 2026. Following Robin’s departure Shell’s Executive Committee will reduce in size from nine to eight members. Wael Sawan, Chief Executive Officer said, “I am grateful...
Canada’s main stock index flat. Oil prices down. (Oilandgaspress) Gold and silver prices have jumped to record highs as the markets react to Donald Trump’s threat of additional tariffs over Greenland. European stock markets fell on Monday as investors turned to safe-haven assets amid the turbulent...
(Oilandgaspress) MOL Group has signed a binding Heads of Agreement with Gazprom Neft to acquire its 56.15% stake in the Serbian Naftna Industrija Srbije (NIS) corporation. Once the transaction is completed, MOL will assume significant shareholder responsibilities and control rights in the company operating Serbia’s...
(Oilandgaspress) Data from the China Automobile Dealers Association show that used car transactions in the nation surpassed the 20-million-unit threshold for the first time in 2025, reaching 20.108 million units. Transaction volume rose 2.52 percent year-on-year, while total transaction value amounted to 1.29 trillion yuan...
(Oilandgaspress) Porsche is reaffirming its long-term strategy in the Chinese market, emphasizing brand value over short-term sales growth amid a complex and evolving luxury auto landscape. Porsche is maintaining a cautious but confident outlook for China in 2026, due to lower consumer confidence and the newly...
(Oilandgaspress) The German-Austrian collaboration between Porsche and Frauscher Boats continues on course. At boot Düsseldorf 2026, the two brands will present the Frauscher x Porsche 790 Spectre – a newly developed sports boat engineered entirely around the fully electric powertrain of the Porsche Macan. The...
(Oilandgaspress) Volkswagen of America announced that the 2026 Tiguan has been named Best Compact SUV by Good Housekeeping in its 2026 Best Family Car Awards. The third-generation Tiguan balances spaciousness, comfort, and safety-enhancing technology in a compact SUV footprint. Its redesigned interior offers more passenger room...
(Oilandgaspress) Audi has received two MotorTrend Best Tech 2026 awards for its innovative MMI® infotainment system and augmented reality (AR) technologies, and a 2026 MotorTrend Software-Defined Vehicle Innovator Award for AUDI AG systems development engineer Marcus Richter for his work on the AR development team....
(Oilandgaspress) Lamborghini has been awarded the Top Employer Italy certification for the thirteenth consecutive year, a distinction it has received continuously since 2014. This achievement demonstrates that the company’s commitment to fostering a positive working environment and widespread employee wellbeing represents a clear and well-defined...
(Oilandgaspress) Bentley Motors has announced the appointment of Max Harris-Jones as its new Sustainability and Community Communications Manager, reporting directly to Wayne Bruce, Chief Communications and DEIB Officer. Max will work closely with the Bentley Board of Management, the leadership team and regional networks to...
(Oilandgaspress) Car Connectivity Consortium® (CCC), a leading global organization in the field of connected vehicles, announced the 2025 CCC Digital Key™ certification list. XPeng Motors' P7+, G6, and G9 models successfully passed the certification, placing XPeng Motors among the first Chinese automakers globally to receive...
(Oilandgaspress) On January 6, XPeng Motors and the Guangdong Branch of the Industrial and Commercial Bank of China (ICBC) signed a strategic cooperation agreement at the XPeng Science and Technology Park. According to the agreement, the Guangdong branch of the Industrial and Commercial Bank of China...