(Oilandgaspress) A U.S. court cleared Orsted to resume work on its nearly completed Revolution Wind project, easing fears of multibillion-dollar losses. The ruling comes after repeated disruptions to offshore wind projects under U.S. President Donald Trump, who has criticised wind turbines as ugly, costly and...
(Oilandgaspress) The Golf GTI is the world’s most original and successful compact sports car: in its class. More than 2.5 million units have been produced to date. In 2026. The Golf GTI will turn 50 – and this will be celebrated with a variety of national...
(Oilandgaspress) Volkswagen is opening the doors to the all-new ID. Polo for the first time, offering an exciting glimpse into the interior of its future models. The new holistic design approach, shaped especially by customer feedback, will define the cockpit of upcoming ID. models. Features...
(Oilandgaspress) Volkswagen brand deliveries virtually matched the prior-year level amid challenging market conditions (–1.4 percent). While a positive trend could be observed particularly in Europe (+5.1 percent) and South America (+18.5 percent), the market environment in China (–8.4 percent) remains challenging. US tariffs also had a...
(Oilandgaspress) Oil prices up, in wake of Donald Trump placing an immediately effective 25 per cent tariff on all nations “doing business with the Islamic Republic of Iran.” Though there has been no official policy presented so far, the president wrote on social media: “Any...
(Oilandgaspress) Traditional fuel-powered trucks will not be able to be sold, ministers have announced, also ruling out allowing the use of low-carbon or synthetic fuels. This means they will have to be electric from 2040. The 2040 cut-off date for petrol trucks was put forward...
(Oilandgaspress) Masdar has signed a Power Purchase Agreement (PPA) for the 150-megawatt (MW) Quipungo Solar Photovoltaic project in Angola, marking Masdar’s first PPA in the country. The Quipungo project represents the first contracted site under Project Royal Sable, a planned 500MW renewable energy programme across...
(Oilandgaspress) The price of gold has soared to a new record high as concerns about fresh threats to the independence of the US central bank fuel demand for the asset. Gold broke through $4,600/ounce for the first time on Monday, while silver also hit a...
(Oilandgaspress) Major U.S. oil companies are signaling caution about a large-scale return to Venezuela’s oil sector despite strong encouragement from the White House for renewed investment, industry and government sources say. In a high-profile meeting at the White House last week, President Donald Trump called on...
(Oilandgaspress) Hyundai Motor Group (the Group) affiliate Boston Dynamics’ Atlas has won CNET Group’s ‘Best Robot’ award as part of the Best of CES™ 2026 awards. Unveiled as part of Hyundai Motor Group’s AI Robotics Strategy in Las Vegas, Atlas made its debut at CES,...
(Oilandgaspress) IRENA Comments on United States’ Announcement " I regret the announced intention of the United States to withdraw its Membership from the International Renewable Energy Agency (IRENA). As an IRENA Member and key global stakeholder, the United States has long played an important role in advancing...
(Oilandgaspress) While no “one-size-fits-all” solution exists, systemic innovation can transform the future of energy systems, a new report by the International Renewable Energy Agency (IRENA) finds. Released during a Ministerial Dialogue on the role of Artificial Intelligence (AI) at IRENA’s Assembly, the Innovation landscape for sustainable...