London, December 10, 2025, (Oilandgaspress) ––Mercedes-Benz and Momenta are pioneering a new era of automated driving with the introduction of an SAE-Level 4 robotaxi experience. The car manufacturer along with its ADAS partner for China has just announced a driverless shuttle service using the new...
London, December 10, 2025, (Oilandgaspress) ––Vertical Aerospace (NYSE: EVTL), today announced plans with Skyports Infrastructure (Skyports) and Bristow Group (NYSE: VTOL), to launch the UK’s first electric air-taxi routes between Canary Wharf and major transport hubs. Proposed routes to and from Canary Wharf at launch...
London, December 10, 2025, (Oilandgaspress) ––Vertical Aerospace has revealed Valo, its next-generation electric vertical take-off and landing (eVTOL) aircraft designed to redefine urban air mobility. The new commercial eVTOL aircraft will enter into service following regulatory approval. Valo is the aircraft that succeeds Vertical’s VX4 prototype...
the DoC has become one of the most significant and long-running collaborative frameworks in the global energy sector. ...
London, December 10, 2025, (Oilandgaspress) ––Watson Farley & Williams advised Borr Drilling Limited on its US$360m acquisition of five premium jack-up rigs from Noble Corporation Plc, comprising three Friede & Goldman JU-3000N design rigs and two Gusto MSC CJ50 design rigs. The acquisition is expected...
London, December 10, 2025, (Oilandgaspress) –––WTI Crude (January Contract) US$58.58 Oil and Gas BlendsUnitsOil PriceChangeCrude Oil (WTI) OilpriceUSD/bbl$58.39DownCrude Oil (Brent)USD/bbl$62.05DownBonny Light 05/12/25 CBNUSD/bbl$65.77--DubaiUSD/bbl$63.35DownNatural GasUSD/MMBtu$4.55DownMurbanUSD/bbl$63.58DownOPEC basket 09/12/25 OPECUSD/bbl$62.39DownAt press time December 10, 2025 . Summary of Weekly Petroleum Data for the week ending November 28, 2025U.S. commercial crude...
London, December 10, 2025, (Oilandgaspress) ––The NNPC/Heirs Energies OML 17 Joint Venture today advanced Nigeria’s gas commercialisation and environmental stewardship agenda with the symbolic signing of Gas Flare Commercialisation Agreements under the Nigerian Gas Flare Commercialisation Programme (NGFCP) and approved Non-NGFCP frameworks. The ceremony marks a...
London, December 10, 2025, (Oilandgaspress) ––NNPC E&P Limited (NEPL), the upstream arm of NNPC Ltd., achieved a major milestone on December 1, 2025, reaching 355,000 barrels of oil per day — its highest daily output in 36 years. The company’s average production has risen sharply, climbing...
London, December 10, 2025, (Oilandgaspress) ––Hystar AS announced a strategic collaboration with McDermott to develop a comprehensive 100-megawatt (MW) green hydrogen plant design. This collaboration marks a significant milestone in Hystar’s mission to accelerate global deployment of its large-scale green hydrogen solution. Under the agreement,...
London, December 10, 2025, (Oilandgaspress) ––McDermott has been awarded an engineering, procurement, construction, installation and commissioning (EPCIC) contract by PETRONAS Carigali Brunei Ltd. for a large offshore natural gas development in Brunei Darussalam, marking one of the country’s most significant conventional gas projects. The award follows...
Enters as operator in the prolific PEL 83 license, including the Mopane discoveryLondon, December 10, 2025, (Oilandgaspress) ––TotalEnergies and Galp agreed to launch an exploration and appraisal campaign including three wells over the next two years, with a first well planned in 2026, to further...
Suitable recovered nets are recycled into new productsLondon, December 10, 2025, (Oilandgaspress) ––Hyundai Motor Company is celebrating the fifth anniversary of its partnership with the Healthy Seas, a nonprofit foundation dedicated to removing marine litter and restoring ocean ecosystems. This collaboration has become a benchmark...