(Oilandgaspress) The American Petroleum Institute (API) reported a decline of 11.1 million barrels bringing stockpiles to 420.3 million barrels for the week ending February 4 The U.S. was the world’s largest crude oil producer in 2024, with production reaching a record 13.5 million barrels per day in...
(Oilandgaspress) -] –Toyota Motor Corporation (TMC) announced today that it intends to implement changes to its executive structure effective April 1, 2026, and changes to its Board of Directors effective the date of its 122nd Ordinary General Shareholders' Meeting. Executive changes effective April 1Koji Sato, President...
(Oilandgaspress) -] –JLR’s revenue for the quarter was £4.5bn, down 39% versus Q3 FY25 and £16.0bn YTD, down 24% YoY. This was largely driven by a reduction in wholesale volumes, which were impacted following the cyber incident, with production only returning to normal levels by...
(Oilandgaspress) -] –Vestas has received an order for the 26 MW Kapuni Wind Farm in New Zealand from Hiringa Energy Limited.The order includes supply and installation of 4 V162-6.4 MW EnVentus wind turbines optimised to boost energy output. The order also includes a 20-year service...
(Oilandgaspress) -] –Sony Corporation (Sony), Mitsubishi Corporation, ADEKA CORPORATION , CHIMEI Corporation, ENEOS Corporation, Formosa Chemicals & Fibre Corporation, Hanwha Impact Corporation, Idemitsu Kosan Co., Ltd., Mitsui Chemicals, Inc., Neste Corporation, Qingdao Haier New Material Development Co., Ltd., SK Geo Centric Co., Ltd., Toray Industries,...
(Oilandgaspress) -] –The Baker Hughes Board of Directors declared a quarterly cash dividend of $0.23 per share of Class A common stock payable on Feb. 27, 2026, to holders of record on Feb. 17, 2026. Baker Hughes expects to fund its quarterly cash dividend from cash...
(Oilandgaspress) -] –BW Energy and its partner Maurel & Prom have been notified that one of the existing joint venture partners in Block 14 and Block 14K has indicated its intention to exercise its pre-emption rights in relation to the transaction.The agreement entered into between...
(Oilandgaspress) -] –Jukka Siukosaari, MSc (Econ.), has been appointed Senior Vice President, Public Affairs and Geopolitics at Neste Corporation as of 1 June 2026. He will report to Heikki Malinen, President and CEO of Neste and be a member of Neste’s Extended Leadership Team. Siukosaari will...
(Oilandgaspress) -] –TotalEnergies has signed agreements to acquire a 42.5% operated interest in PEL104 Exploration license, located offshore Namibia, from Eight Offshore Investments Holdings (“Eight”) and Maravilla Oil & Gas. Upon completion of the transaction, TotalEnergies will be the operator of the license holding a 42.5%...
(Oilandgaspress) The rare earths export controls announced by China in October 2025 posed major national and economic security risks across the world, with potentially severe impacts for a range of strategic sectors including energy, automotive, defence, aerospace, AI and semiconductors. .. Related News The Pan-Africa Conglomerate,...
(Oilandgaspress) -] – Rolls-Royce Spectre is increasingly recognised by clients and collectors as a motor car of lasting significance. Commissioned with the same permanence that defines every Rolls-Royce, Spectre and its Black Badge alter ego have rapidly established their place within the marque’s emerging Goodwood-era...
(Oilandgaspress) -] – Jaguar Land Rover Automotive plc’s revenue for the quarter was £4.5bn, down 39% versus Q3 FY25 and £16.0bn YTD, down 24% YoY. This was largely driven by a reduction in wholesale volumes, which were impacted following the cyber incident, with production only...