(Oilandgaspress) Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI), announced today that it has been awarded a contract in cooperation with Samsung C&T Engineering & Construction Group, an Engineering, Procurement, and Construction (EPC) contractor appointed by Ras Abu Fontas Power Company,...
(Oilandgaspress) TotalEnergies announces that its subsidiary TotalEnergies EP Nigeria has signed a Sale and Purchase Agreement (SPA) with Vaaris for the sale of its 10% non-operated interest in the Renaissance JV licenses in Nigeria. The Renaissance JV, formerly known as the SPDC JV, is an unincorporated...
(Oilandgaspress) TotalEnergies and Bapco Energies are launching BxT Trading, an equally owned trading joint venture backed by flows from Bapco Energies’ Refinery. The signing ceremony was witnessed yesterday by His Highness Shaikh Nasser bin Hamad Al Khalifa, Representative of His Majesty the King of Bahrain...
(Oilandgaspress) Crude oil prices reportedly rose about 3% on Tuesday, after U.S. President Donald Trump canceled all meetings with Iranian officials and promised protesters that help is on the way. Related News 19 companies have been offered ownership interests in a total of 57 production licences...
(Oilandgaspress) The name of Filante refers to Renault's heritage in two ways. First, the Étoile Filante, the legendary prototype that smashed several world speed records at the Bonneville Salt Lake Flats in 1956. In 2025, Renault used the historic name of Filante for its electric concept...
(Oilandgaspress) Maserati’s presence at the 2026 Brussels Motor Show, taking place from January 9 to 18, is drawing exceptional crowds and sustained engagement from the public, press, and enthusiasts. The event officially launches the Year of the Trident, celebrating the 100th anniversary of the Brand’s...
(Oilandgaspress) Porsche and Frauscher are preparing for their joint appearance at boot Düsseldorf 2026 with a special selection of electric highlights. At the world’s largest boat show, the German sports car manufacturer and the Austrian boat builder will be showcasing a new sports boat, alongside...
(Oilandgaspress) PETRONAS has filed a motion at the Federal Court in Putrajaya to seek clarity on the applicable regulatory framework governing its operations in Sarawak. The respondents are the Federal Government and State Government of Sarawak. The application seeks for determination by the Federal Court on...
(Oilandgaspress) 1PointFive announced today that Bain & Company purchased 9,000 metric tons of carbon dioxide removal (CDR) credits over three years enabled by Direct Air Capture (DAC). The agreement is Bain’s first purchase of DAC removal credits as a solution to address residual operational emissions...
(Oilandgaspress) DNO ASA, the Norwegian oil and gas operator, today announced that its wholly-owned subsidiary DNO Norge AS has been awarded participation in 17 exploration licenses, of which four are operatorships, under Norway's Awards in Predefined Areas (APA) 2025 licensing round.Of the 17 new licenses,...
(Oilandgaspress) Equinor has been awarded 35 new production licenses by the Ministry of Energy in this year's APA, Awards in Predefined Areas. Equinor will gain access to attractive acreage in the North Sea, the Norwegian Sea and the Barents Sea, strengthening the foundation for the company's...
US federal court grants preliminary injunction(Oilandgaspress) U.S. District Court for the District of Columbia granted the preliminary injunction sought by Revolution Wind, LLCregarding the December 22, 2025 suspension order issued by the Department of the Interior’s Bureau of Ocean Energy Management (BOEM). The court’s action will...