(Oilandgaspress) Saft, a subsidiary of TotalEnergies for almost a decade, develops high-performance batteries that can withstand extreme conditions. From the freezing polar cold to scorching desert heat, the company's expertise has established it as a market leader. We take you to faraway places where Saft...
(Oilandgaspress) Equinor has appealed a penalty notice issued by Norway’s economic crime authority Økokrim, disputing allegations related to the case. The company said it disagrees with the assessment and will pursue the appeal through the legal process while continuing to cooperate with authorities. Equinor Mongstad received...
(Oilandgaspress) Uniper will launch the sale of its 20% stake in the regulated OPAL gas pipeline, in accordance with the European Commission’s state aid approval decision of 20th December 2022. The transaction perimeter covers 100% of the shares in Lubmin-Brandov Assets GmbH & Co. KG (“LBA...
(Oilandgaspress) Uniper Global Commodities SE and Vermilion Energy Germany GmbH & Co. KG have entered into a two-year contract for the supply of Vermilion’s natural gas production in Germany to Uniper. Under the agreement, Vermilion will sell all low and high calorific natural gas from...
(Oilandgaspress) –––President and Chief Executive Officer of Dangote Group, Aliko Dangote, reportedly said that the four refineries owned by the Nigerian National Petroleum Corporation NNPC Limited would not attract buyers even if they were put up for sale, citing regulatory failures and a poor investment...
ACCIONA Energía has reached an agreement with Mexico Infrastructure Partners (MIP) for the sale of a 49% stake in its 1.3GW photovoltaic portfolio in the United States, together with the full stake in two wind farms in Mexico totaling 321MW, for c. US$1billion (€855 million,...
ACCIONA Energía will begin construction of two new wind farms totalling 194MW in South Africa in the coming weeks. Etana Energy, a leading energy trader in South Africa, will purchase all the renewable electricity generated by the two wind projects –Zen (100MW) and Bergriver (94MW)–...
(Oilandgaspress) In September 2025, total net electricity generation in the OECD reached 906.0 TWh. Of this total, 438.5 TWh (48.4%) was produced from fossil fuels, 319.1 TWh (35.2%) from renewable sources and 144.4 TWh (15.9%) from nuclear power. On a year-to-date basis, total net electricity...
(Oilandgaspress) Vertical Aerospace has introduced a protective barrier to screen the pilot from potential cabin threats such as attackers or drunks. Domhnal Slattey, the Vertical Aerospace chairman, said the change was demanded by customers, including American Airlines and Japan Airlines, after pilots expressed concern about passengers...
(Oilandgaspress) Alef Aeronautics said that it has began production on its Model A Ultralight—a “drive-and-fly” vehicle that it believes will be the first true “flying car” to be delivered to a customer. Alef said the vehicle, which is designed to lift off directly from roads and...
(Oilandgaspress) BW Energy announces that the short-term lease for the Super Gorilla class jack-up rig BW MAROMBA B signed in September 2025 has been successfully converted into a long-term project lease agreement with Minsheng Financial Leasing Co. Ltd. (MSFL).The new lease agreement covers the rig...
(Oilandgaspress) Neste has revised some of its climate targets due to the company’s current financial position and streamlined investment portfolio. Reaching the original climate targets by the previously communicated very ambitious target years would have required significant investments that are currently not realistic. Neste continues...