(Oilandgaspress) Aramco Europe and Orion Valves have celebrated the Guinness World Records certification of the largest wedge gate valve ever built. The feat was marked at an event held at the Trieste headquarters of the Italian valve manufacturer, which was attended by some 600 participants, including...
(Oilandgaspress) ADNOC has signed a $2 billion (AED 7.34 billion) green financing agreement backed by Korea Trade Insurance Corporation (K-SURE) to fund lower carbon projects across its operations. The deal reinforces ADNOC’s ambition to integrate sustainable finance into its growth plans. The agreement was announced...
(Oilandgaspress) Lamborghini presents The Dinner, the 2025 Christmas video celebrating its employees and their stories. Each year Automobili Lamborghini creates a Christmas video to express, through a narrative language, its core values and beliefs and in recent years, exploring meaningful social themes that closely reflect...
(Oilandgaspress) In Bugatti’s newest chapter, that responsibility rests with the team behind the Tourbillon’s cabin design. In the latest episode of ‘A New Era’, Bugatti’s Chief Interior Designer explains the unique challenge of bringing this interior to life. Creating a concept that endures is the...
UK vehicle production fell by -14.3% in November with 65,932 units leaving factory lines, according to the latest figures published today by the Society of Motor Manufacturers and Traders (SMMT). The decline was driven by a slight reduction in car output, down -1.7% to 63,126...
UK vehicle manufacturing fell for a fourth consecutive month in November, reflecting factory retooling for EVs, production disruptions and consolidation in van manufacturing, according to new SMMT data. Despite the slowdown, industry confidence is growing, with a return to growth expected in 2026. A key...
Vestas is proud to announce the following order as part of our Q4 order intake: CountryRegionCustomerProject nameMWTurbine variantService agreementDelivery & commissioningAustraliaAPACUndisclosedUndisclosed20533 x V162-6.2 MW30-years AOM 5000 Service AgreementDelivery and Commissioning in 2027 Information Source: Read More ...
(Oilandgaspress) Saab has received an order from the Swedish Defence Materiel Administration, FMV, to support the future development of the Gripen system. The order relates to operations during 2026-2028. The order value is approximately SEK 2.5 billion. The order from FMV enables continued development of the...
(Oilandgaspress) Iberdrola has reached an agreement to acquire 100% of the Ararat Wind Farm, located in the state of Victoria, Australia, from Partners Group and OPTrust. The project, with an installed capacity of 242 MW, has been operational since 2017. The asset sells most of its...
U.S. Rig Count is down 6 from last week to 542 with oil rigs down 8 to 406, gas rigs unchanged at 127 and miscellaneous rigs up 2 to 9.Canada Rig Count is down 7 from last week to 185, with oil rigs down 4...
Saab has received an order for a Sirius passive sensor system for SIGINT (Signals Intelligence) and surveillance, including related services from a European NATO-country. The order value is approximately EUR 130 million and deliveries will take place until 2030. Sirius sensor solutions provide the end user...
EU Scientists Turn Tomato Waste into Sustainable Jet Fuel European researchers, coordinated by TU Graz in Austria, have launched the ToFuel initiative to convert tomato processing residues into sustainable aviation fuel (SAF). The four-year EU-backed project aims to develop a waste-free, climate-neutral biorefinery. By-products of the process will...