Britain produced less energy in 2025 than at any point in recorded history, according to official government data published today, a record low that comes as the country remains heavily reliant on imports and depends on a single foreign supplier for the majority of its...
(Oilandgaspress) Intermittent wind and solar, battery storage, electric vehicles and AI are changing our energy system profoundly and in real time. How government, the system operator and companies like Drax manage this change can be measured not in the millions but in the billions of...
London, (Oilandgaspress) Fugro has secured a two year environmental services contract with EirGrid, Ireland’s state owned electricity transmission operator, to deliver long term marine mammal monitoring along Ireland’s south coast. The work will support EirGrid’s Powering Up Offshore – South Coast programme, which is delivering...
London, (Oilandgaspress) Nissan Motor Co., Ltd. today announced that it has conducted research on vehicle aerodynamic analysis using quantum computing in collaboration with Quemix Inc. In this joint research, the two companies successfully demonstrated, for the first time in the world, the application of a quantum...
Vestas is proud to announce the following orders as part of our Q2 order intake: CountryRegionCustomerProject nameMWTurbine variantService agreementDelivery & commissioningGermanyEMEARaiffeisen Windpark Saterland GmbHErweiterung Ostermoor Nord50 MW7 x V162-7.2 MW20-year AOM 5000 Service AgreementDelivery planned to begin in Q2 2027; commissioning scheduled to begin in Q2...
London, (Oilandgaspress) bp, as operator of the Azeri–Chirag–Gunashli (ACG) field development, today announced on behalf of the ACG co venturers – SOCAR, MOL, INPEX, ExxonMobil, TPAO and ONGC Videsh – the commencement of non associated gas (NAG) production operations on the ACG field in the...
(Oilandgaspress) Oil prices jumped more than 2 per cent as negotiations between the United States and Iran continued over a potential ceasefire extension and the reopening of the Strait of Hormuz. Whatever happened to the economic principle of prices being determined by supply and demand?....
(Oilandgaspress) Reuters reported that both Brent and WTI had fallen more than 5% in the previous session before rebounding, as traders first bet on a possible U.S.-Iran peace deal and then reversed course when tensions rose again. That pattern shows oil is reacting not only...
(Oilandgaspress) Iran-US deal nears finish line as deal reportedly still awaits final approval from both President Donald Trump and Ayatollah Mojtaba Khamenei. If signed, the memorandum of understanding would be the most significant diplomatic step since the war began on 28 February. According to US...
London, (Oilandgaspress) Sigenergy today introduced SigenAgent, the energy industry’s first all-domain AI agent, fundamentally changing how households and businesses interact with renewable energy. Unveiled during the company’s "AI in All" event, SigenAgent elevates solar-and-storage hardware from basic, reactive equipment into autonomous, goal-driven systems.As global energy dynamics...
London, (Oilandgaspress) Chevron Corporation announced the appointment of Scott A. Keller as general counsel. Keller, 44, will join Chevron on July 1 as general counsel, and will report to Chevron’s current chief legal officer, R. Hewitt Pate, in anticipation of Pate’s expected retirement in mid-2027 after...
London, (Oilandgaspress) Together with Kia and Hyundai, Vattenfall is launching a pilot for bidirectional charging (Vehicle-to-Grid, V2G). This allows electric cars not only to store electricity, but also to feed it back into the electricity grid in a controlled way. In the trial, the cars...