(Oilandgaspress) -] Hyundai Motor America began 2026 with a record‑setting January, reporting U.S. total sales of 55,624 units, an increase of 2% compared with January 2025. The milestone was supported by surging hybrid demand, strong electrified performance and continued strength across Hyundai’s core SUVs, which...
(Oilandgaspress) -] A.P. Moller - Maersk (Maersk) has taken delivery of the first vessel in a new series consisting of six mid-size vessels. The delivery took place at Yangzijiang Shipbuilding Group’s yard in Jingjiang, China, where the vessel was named Tangier Mærsk. The six vessels in...
(Oilandgaspress) -] TotalEnergies and Kuwait Oil Company (KOC) signed today a Memorandum of Understanding (MoU) to strengthen their cooperation, exchange expertise and conduct technical studies. The signing ceremony took place in the presence of Patrick Pouyanné, Chairman and Chief Executive Officer of TotalEnergies, Sheikh Nawaf Saud...
(Oilandgaspress) -] KBR announced that it has been awarded a new cost-plus-fixed-fee contract with a ceiling value of $149 million under the Acquisition, Data, Engineering, Digital, Decision Integration and Software (ADEDDIS) program. The Air Force Life Cycle Management Center (AFLCMC) EB Armament Directorate awarded the...
(Oilandgaspress) -] Leticia Mandiola, one of the employee-elected members of the Board of Directors of Ørsted A/S, has stepped down as board member. The first alternate, Arul Gynasegaran (Senior Project Lead, Engineering), has replaced Leticia Mandiola as employee-elected board member of Ørsted A/S. Information Source: Read...
(Oilandgaspress) -] Ørsted has signed an agreement with Copenhagen Infrastructure Partners (CIP), through its fifth flagship fund, Copenhagen Infrastructure V (CI V), to divest its entire European onshore business. The total value of the transaction is EUR 1.44 billion (DKK 10.7 billion) with expected closing...
(Oilandgaspress) -] The U.S. District Court for the District of Columbia granted the preliminary injunction sought by Sunrise Wind LLC (‘Sunrise Wind’) regarding the 22 December 2025 suspension order issued by the Director of the Department of the Interior’s Bureau of Ocean Energy Management (‘BOEM’)....
(Oilandgaspress) -] Eni and Q8 Italy announce a major strategic investment in the ongoing project for the construction of a new biorefinery in Priolo, Sicily. The transformation plan for the Versalis site in Priolo received formal approval from Eni and Kuwait Petroleum Corporation Board of...
(Oilandgaspress) -] Mercedes‑Benz is making its debut as the Premier Partner of the WTA at the Mubadala Abu Dhabi Open in Abu Dhabi, United Arab Emirates, and the Ostrava Open, Ostrava, Czech Republic, where the iconic star will be seen on the net post sign...
(Oilandgaspress) -] Following the World Premiere of the New S-Class on 29 January 2026, three new S-Class saloons have set off on a global drive spanning more than 50,000 kilometres across six continents. The journey will visit a symbolic 140 locations, each reflecting a chapter...
(Oilandgaspress) India.s suspension of crude oil imports from Russia would present a major disruption for global oil markets, Moody’s reportedly warned today, following the announcement of a trade deal between New Delhi and Washington. Oil and Gas BlendsUnitsOil Price (am 03/02/26)ChangeCrude Oil (WTI) OilpriceUSD/bbl$62.13.UpCrude Oil (Brent)USD/bbl$66.20UpBonny...
(Oilandgaspress) Woodside Energy and Texas Entrepreneurship Exchange for Energy (TEX‑E) today announced a collaboration designed to accelerate early‑career energy talent development and innovation in Houston, Texas. The collaboration will include direct engagement with US university students, support for TEX-E energy and climate programs and the...