(Oilandgaspress) Mercedes-Benz and Dubai-based developer Binghatti announce their second branded real-estate collaboration: Mercedes‑Benz Places | Binghatti City. Planned in the Meydan area of Dubai, the project marks Binghatti’s first masterplanned community and extends Mercedes‑Benz Places into a multi‑tower district of 9 million square feet. The...
(Oilandgaspress) Subsea 7 S.A. announced the award of a large1 contract by ConocoPhillips Skandinavia AS (ConocoPhillips) for the Previously Produced Fields (PPF) development, offshore Norway.Subsea7’s scope covers engineering, procurement, construction and installation (EPCI) of subsea structures, umbilicals, risers and flowlines (SURF). It follows the...
(Oilandgaspress) Abu Dhabi National Oil Company (ADNOC) in partnership with Eni S.p.A. and PTT Exploration and Production Public Company Limited (“PTTEP”), today announced the successful signing of a landmark structured financing transaction of up to $11 billion (AED 40.4 billion), to monetize Hail and...
(Oilandgaspress) Eni and Global Infrastructure Partners (“GIP”), announced the closing of the sale of a 49.99% stake in Eni CCUS Holding – a leading global player in the CCS sector (Carbon Capture and Storage). The deal - first announced last August – states that Eni and...
The train can also act as a mobile energy platform during grid emergencies. (Oilandgaspress) The U.S. Army has converted a diesel locomotive into a fully electric ATLAS locomotive using lithium-ion battery technology, cutting fuel use, maintenance costs and carbon emissions. The electric train will support daily...
(Oilandgaspress) Grants were awarded to 388 organizations across the Dominion Energy footprint, including 208 organizations in Virginia with just over $2.3 million in support. This funding supports a variety of programs and services, including environmental education programs for school children, expanding access to homeownership for...
(Oilandgaspress) KBR (NYSE: KBR) announced today it has been awarded a seat on a multiple award, indefinite delivery indefinite quantity (IDIQ) contract by the U.S. Naval Supply Systems Command (NAVSUP). The NAVSUP Worldwide Expeditionary Multiple Award Contract (WEXMAC) 2.1 Territorial Integrity of the United States...
(Oilandgaspress) U.S. gasoline prices are expected to average $2.79 per gallon on Christmas Day 2025, according to GasBuddy, marking the lowest holiday price in five years. The forecast is below prices seen on December 25 from 2021 to 2024, reflecting easing fuel costs nationwide. GasBuddy...
(Oilandgaspress) California regulators have warned Tesla it could face suspension of its licence to sell electric vehicles in the state early next year unless it changes how it markets its self-driving technology. An administrative law judge ruled that Tesla’s use of the terms “Autopilot” and...
(Oilandgaspress) Car and Driver magazine has named both the Golf GTI and the Golf R to its prestigious “10Best” list for 2026. This is the 20th time that the GTI has been awarded the honor and the fifth time for the Golf R. The Car...
(Oilandgaspress) The 2026 Volkswagen Atlas and 2026 Atlas Cross Sport were each named a TOP SAFETY PICK+ by the Insurance Institute for Highway Safety. This is third TOP SAFETY PICK accolade for the two Volkswagen midsize family SUVs since the redesign for model year 2024. To...
(Oilandgaspress) Dolphin Drilling announces that Jon Oliver Bryce has resigned from his position as Chief Executive Officer (CEO). The Board of Directors has appointed Michael Boyd, currently the company’s Chief Commercial Officer, as the new CEO, effective immediately. Boyd brings extensive industry experience and has been...