Energy / Automotive News July 15, 2025. Gas @ $3.49/MMBtu
London, July 15, 2025 (Oilandgaspress) –-Brookfield Asset Management together with Brookfield Renewable and Google today announced a first-of-its-kind Hydro Framework Agreement (“HFA”) to deliver up to 3,000 megawatts (MW) of carbon-free hydroelectric capacity across the United States – the world’s largest corporate clean power deal for hydroelectricity. The first contracts executed under the HFA are for Brookfield’s Holtwood and Safe Harbor hydroelectric facilities in Pennsylvania, representing more than $3 billion of power and 670 MW of capacity.
The HFA represents a significant step forward in Brookfield’s strategy to deliver flexible, dispatchable clean energy solutions to the technology sector and supports Google’s ambition to power its operations with 24/7 carbon-free energy.
Under the HFA, Google has the ability to procure carbon-free electricity from up to 3,000 MWs of hydroelectric assets that will be relicensed, overhauled, or upgraded to extend the asset’s useful life and continue adding power to the grid. The first contracted assets consist of hydroelectric facilities in Pennsylvania that Brookfield is relicensing. Brookfield and Google will initially focus in the mid-Atlantic (PJM) and mid-continent (MISO) electricity markets, with the flexibility to expand into other U.S. regions. The 20-year Power Purchase Agreements (“PPAs”) for Brookfield’s Holtwood and Safe Harbor hydroelectric facilities in Pennsylvania will support Google’s operations across PJM. The transaction structure allows Brookfield to maintain existing commitments to power consumers such as Amtrak from the Safe Harbor facility. Read More
Drivers across England are set to benefit as the UK government announces a £63 million investment package to supercharge Britain’s electric vehicle infrastructure, driving down charging costs and putting money back in the pockets of working people as part of the Plan for Change.
A pioneering £25 million scheme for local authorities will expand access to cheaper at-home charging. This will provide access to cheaper household rates, allowing consumers to save up to £1,500 a year compared to running a petrol or diesel car, transforming how thousands of households without driveways power up their electric cars. The innovative cross-pavement technology will allow cables to run safely beneath pavements, connecting homes directly to parked vehicles, enabling more families to tap into cheaper domestic electricity rates for as little as 2 pence per mile even if they don’t have a driveway.The fund is the latest move to bolster the UK’s growing charging network which has reached a record 82,000 public chargepoints, with a further 100,000 expected to be installed as a result of the government’s Local EV Infrastructure Fund and £6 billion of private investment committed to 2030. To ensure the savings the EV transition can bring are felt in the public sector too, the NHS in England is also receiving a major sustainability upgrade with an £8 million fund to power the electrification of ambulances and medical fleets across over 200 NHS sites, saving millions in costs which can be invested into patient care. Alongside the boosts for electric car drivers, the government is also launching a major new grant scheme to help businesses install charging points at depots nationwide, supporting the nation’s heavy goods vehicles, vans and coach drivers in the transition to zero emissions. Read More
Netherlands RATIONS electricity
The Netherlands is rationing electricity as its overloaded power grid buckles under the pressure of rapid electrification and ambitious climate goals. More than 11,900 businesses are stuck in a queue for access to the network, alongside public buildings including hospitals, schools and fire stations.
Thousands of new homes are also waiting to be connected, with some areas warned they may have to wait until the 2030s.
And now experts are warning that Britain, as well as Belgium and Germany, are all ‘in trouble.’
The countries should ‘definitely’ see what is happening in the Netherlands as a warning, says Zsuzsanna Pató, from Brussels-based energy think tank RAP. After shutting down production at the massive Groningen gas field last year, the Dutch government has pushed a fast transition to electric heating, solar power and battery storage.
But the national grid has failed to keep pace, creating widespread bottlenecks and driving up costs.
Hyundai Supports Education and Hunger Relief in Massachusetts
Hyundai Motor America continued its commitment to community well-being by supporting education and hunger relief in Massachusetts. Students at the Greater Holyoke YMCA participated in the Hydrogen STEM Program, gaining firsthand experience with hydrogen fuel cell technology and its real-world applications. Hyundai Hope, the corporate social responsibility initiative of Hyundai Motor America, also donated to the Food Bank of Western Massachusetts and the Thrive Center and Food Pantry at Holyoke Community College to help ensure access to food and other necessities.
Hyundai brought its Hydrogen STEM Program to the Greater Holyoke YMCA, where more than 30 students explored the role of hydrogen technology in clean energy and the automotive industry. Students then put their new knowledge into action by building and racing their own hydrogen-powered model vehicles. The Hydrogen STEM Program is part of Hyundai’s broader commitment to education and sustainability, aimed at inspiring the next generation of innovators. Since launching in 2022, this program has reached over 1,300 students across California, Georgia, Michigan, and Alabama.
Vanzetti Engineering attends Gastech 2025
Vanzetti Engineering is taking part in Gastech 2025 (Fiera Milano, 9-12 September 2025), in Hall 14 – Stand M16, to showcase its range of high- and low-pressure cryogenic pumps for LNG and industrial gases, offering advanced pumping solutions to meet new energy challenges.
Neste to supply sustainable aviation fuel (SAF) to DHL Express at Singapore Changi Airport
Neste and DHL Express have strengthened their collaboration with the supply of 7,400 tons (9.5 million liters) of neat, i.e. unblended, Neste MY Sustainable Aviation Fuel™ to DHL Express at Singapore Changi Airport starting July 2025. This marks one of Asia’s largest SAF deals by volume in the air cargo sector and helps accelerate the joint effort of reducing greenhouse gas emissions from air cargo transports.
As part of the global partnership to decarbonize air and road transport, Neste will supply DHL Express with CORSIA-eligible* SAF produced locally at its refinery in Singapore, the world’s largest SAF production facility, for a period of one year from July 2025 to June 2026. The volume of SAF procured under this partnership is one of the largest purchased by DHL in Asia-Pacific and marks DHL’s first direct procurement of SAF for its flights from Singapore to Asia and the Americas.
Neste will deliver the SAF blended with conventional jet fuel directly into Changi Airport’s fuel distribution facilities using the company’s integrated supply chain from the Singapore refinery. The purchased SAF will account for approximately 35% to 40% of the overall fuel blend composition and is designated for DHL Express’ five Boeing 777 freighters based at DHL’s South Asia Hub located at Changi Airport and departing from the airport 12 times a week.
IT Carve-out at Daimler Truck successfully completed Daimler Truck has mastered a significant and extensive transformation task with its IT carve-out: In just three and a half years, around 1,500 IT systems and applications were completely separated, redesigned or replaced, and the company was set up on an independent IT foundation. With this, Daimler Truck is now also completely independent in terms of its digital infrastructure and successfully positioned for the future of the commercial vehicle industry.
With the split of Daimler AG into Daimler Truck Holding AG and Mercedes-Benz Group AG, one group became two independent companies. This meant that the previously shared IT infrastructure and all IT applications had to be separated. The agreement reached by the companies at the time: All running systems and applications in use were transferred to Mercedes-Benz Group AG together with their ongoing license agreements and contracts. Daimler Truck was faced with the Herculean task of reviewing around 1,500 applications and systems: Will the application be taken over one-to-one? Is there a new, better alternative? Or can some of the applications even be switched off? Preparation for this enormous project was extremely important: it was carefully analyzed, checked and evaluated in advance what exactly needs to be done when and with what resources.
2026 Hyundai Palisade Releases Compelling Pricing Strategy
Hyundai has announced pricing for its all-new 2026 Palisade three-row flagship SUV, starting at only $38,935 MSRP*. The new Palisade is bigger, better and goes further than its critically acclaimed predecessor — and its SUV competition. Not only does Palisade’s additional space, longer driving range and rugged ability impress, its infotainment, convenience, and advanced safety-system upgrades mean that this new model is more capable in every dimension. With the introduction of a hybrid variant, tech that empowers, and enhanced roominess and comfort—alongside the adventure-ready XRT PRO model, the 2026 Palisade more than meets the needs of today’s drivers and families.
The new Palisade displays a commanding, premium aura thanks to design worthy of a flagship SUV. The 2026 Palisade offers two new powertrain options. The internal-combustion powertrain boasts a newly developed 3.5-liter V6 making up to 287 horsepower and up to 260 lb.-ft. of torque. The direct-injected engine is coupled to an 8-speed automatic transmission with a two-chamber torque converter. This standard ICE powertrain is available in both two-wheel and HTRAC® all-wheel-drive configurations. This naturally-aspirated V6 is targeting a robust 5,000-pound maximum towing capacity8, giving active families the flexibility to haul a variety of weekend toys, including campers, boats, and powersports equipment.
For 2026, a hybrid option joins the Palisade powertrain portfolio for the first time. It features a 2.5-liter turbocharged in-line four-cylinder engine putting out up to an estimated 258 horsepower. Two electric motors mounted in the six-speed automatic transmission’s case provide additional tractive force for a combined total estimated system output of up to 329 horsepower and up to 339 pound-feet of torque (both estimated). Palisade HEV’s high-efficiency powertrain is expected to achieve up to 34 mpg combined, yielding an internally targeted range of up to 619 miles1. The hybrid powertrain also offers an estimated 4,000 lbs. of maximum towing capacity8, all of which combine for supreme driver confidence and flexibility out on the open road. Specific features have been added to the hybrid to provide a more EV-like ownership experience, including a new Stay Mode function that monitors the battery system when parked to allow for extended use of the infotainment and HVAC functions.
Dolphin Drilling – Update on Arbitration Award
Further to the announcement made on 23 December 2024, concerning an arbitration award obtained against General Hydrocarbons Limited, Dolphin Drilling confirms that the Federal High Court of Lagos, Nigeria, has today made an order granting Dolphin Drilling leave to enforce the arbitration award. The total sum due under the arbitration award is approximately USD 105m, and Dolphin Drilling shall continue to pursue collection efforts.
Alpine A110 R Ultime at Goodwood Festival of Speed
Alpine starred in front of a sell-out crowd of an estimated 200,000 enthusiasts at the 2025 Goodwood Festival of Speed, with the A110 R Ultime taking a sensational podium position in the production class and a top-ten placing overall during one of the annual event’s highlights, the timed shoot-out.
Driven by Laurent Hurgon, a three-time Nürburgring Nordschleife lap record holder and highly-successful GT racer with a long history with Alpine, the A110 R Ultime set a blistering pace throughout the four-day event, peaking with a run of 52.01secs in the final shoot-out.
Powered by a turbocharged 1.8-litre, four-cylinder engine boosted to deliver 345bhp and 420 NM of torque, and engineered to be the ultimate expression of the legendary A110, including taking advantage of numerous aerodynamic optimisations to create additional downforce, the R Ultime showcased its core principles of lightness and handling excellence to beat an array of even more powerful machinery in the 18-vehicle field.
Also thrilling fans were two cars with motorsport pedigree: the BWT Alpine Formula One car, which ran up the hill each day, as well as drawing huge crowds in the paddock, plus the
Alpine A290 Rallye, a competition-modified version of the 2025 Car of the Year made its world dynamic debut at the event.
Vestas wins 74 MW order in Finland
Vestas is proud to announce the following order as part of our Q3 order intake:
Country Region Customer Project name MW Turbine variant Service agreement Delivery & commissioning
Finland EMEA TOWII Renewables A/S Ketunperä and Kopsa III 74 12 x V162-6.2 MW 25-year AOM5000 Service Agreement Delivery planned to begin in Q2 2026, commissioning scheduled for Q4 2026
Rimac Nevera R Makes World Dynamic Debut at Goodwood Festival of Speed
the Rimac Nevera R made its dynamic debut at the Goodwood Festival of Speed this weekend, with twice-daily runs up the famous hillclimb. Following the recent announcement that the Nevera R had comprehensively shattered 24 performance records – including many previously set by the Nevera – the new hypercar took center stage in the Festival’s Supercar Paddock. Complete with its updated aero package, improved tires, additional power and tweaked torque vectoring, the 2,107 hp electric hypercar demonstrated its capabilities on the challenging 1.16-mile hillclimb course, with Bugatti Rimac Chief Test and Development Driver Miroslav Zrnčević behind the wheel.
The Nevera R occupied a dedicated Rimac area within the Supercar Paddock, allowing many members of the public their first look at the new visual identity, focused on clean surfaces and perfect proportions. The front of the car is designed to be both striking and technical, with horizontal lines that emphasize aerodynamic efficiency, stance, and width, while the rear is dominated by the new fixed spoiler and large diffuser – each partly responsible for an increase in downforce of 15%.
KBR Joint Venture Selected by BP
KBR announced today that its joint venture with SOCAR, SOCAR-KBR LLC, has been awarded two contracts by BP in Azerbaijan – one to support the Sangachal Terminal Electrification (STEL) project, Azerbaijan’s largest oil and gas reception terminal, and another for the Shah Deniz compression (SDC) gas field project.
Under the terms of the contracts, SOCAR-KBR will provide detailed engineering design solutions and procurement services for both the projects. SOCAR-KBR previously completed the project FEED for the STEL project, and the pre-FEED and FEED for the SDC project. This additional work reflects BP’s continued confidence in SOCAR-KBR’s delivery excellence.
“KBR has been delivering world-scale energy solutions in the region for over three decades and these projects mark a significant step in Azerbaijan’s clean energy security objectives,” said Jay Ibrahim, President, KBR Sustainable Technology Solutions. “The Sangachal terminal, which was designed by KBR and serves as a vital link between Azerbaijan and the rest of Europe, will enable the country’s transition to national grid supply and reduce emissions. The Shah Deniz compression project marks the next stage in the evolution of delivering safe and efficient solutions.”
More than 95% of the SOCAR-KBR Baku-based team is composed of Azerbaijani engineers, designers and other professionals. The SOCAR-KBR Baku office will deliver this project with the expertise of local subject matter experts with support from KBR’s global team.
| Oil and Gas Blends | Units | Oil Price | Change |
| Crude Oil (WTI) | USD/bbl | $66.72 | Down |
| Crude Oil (Brent) | USD/bbl | $69.06 | Down |
| Bonny Light 14/07/25 CBN | USD/bbl | $74.83 | Up |
| Dubai | USD/bbl | $70.06 | Up |
| Natural Gas | USD/MMBtu | $3.50 | Up |
| Murban | USD/bbl | $70.40 | Down |
| OPEC basket 14/07/25 | USD/bbl | $72.00 | Up |
Nissan plans to transfer production from Oppama Plant to Nissan Motor Kyushu
Nissan Motor Co., Ltd. announced that, as part of its global production restructuring under its recovery plan Re:Nissan, the company plans to transfer and integrate vehicle production at the Oppama Plant, located in the Oppama district, to Nissan Motor Kyushu Co., Ltd in Fukuoka Prefecture.
The company will cease vehicle production at the Oppama plant at the end of fiscal year 2027. Following this, both current and future models scheduled for production at Oppama will be manufactured at Nissan Motor Kyushu.
This decision applies solely to the Oppama plant within the Oppama district. Other facilities and functions in the district—such as the Nissan Research Center, GRANDRIVE, the crash test facility, and Oppama Wharf—will remain unaffected and continue operations as usual. Regarding the future utilization of the Oppama plant after production ends, Nissan will explore a wide range of options to determine the most appropriate path forward. Employees currently working at the Oppama plant will remain in their employment until the end of fiscal year 2027. To address concerns regarding employment and work arrangements beyond that point, the company will establish clear policies, communicate them to affected employees, and initiate discussions with the union promptly once decisions are finalized.
Under Re:Nissan, Nissan aims to reduce its global production capacity from 3.5 million units (excluding China) to 2.5 million units, while maintaining a plant utilization rate of around 100%. To achieve this, the company has been considering the consolidation of production sites from 17 to 10.
In Japan, Nissan has concluded that transferring and consolidating vehicle production from the Oppama Plant to Nissan Motor Kyushu is the most effective solution, based on production capacity, cost efficiency, and investment potential. This transfer is expected to significantly reduce manufacturing costs in Japan, strengthen plant competitiveness, improve product profitability, and support Nissan’s long-term growth. The related costs are under assessment and will be disclosed during the upcoming first quarter financial announcement.
bp, Eni JV makes gas discovery offshore Angola
Azule Energy, a joint venture owned equally by bp Plc and Eni SpA, have announced a major gas discovery at its Gajajeira-01 exploration well, located offshore in the Lower Congo Basin, Republic of Angola. The exploration well is being developed in partnership with the National Agency of Petroleum, Gas and Biofuels (ANPG) and the Contractor Group of Block 1/14, operated by Azule Energy (35%), Equinor (30%), Sonangol E&P (25%), and Acrep S.A. (10%)
The well was spudded on 1 April 2025 in a water depth of 95 m, approximately 60 km off the coast. It encountered gas- and condensate-bearing sandstones in one of the Lower Oligocene targets, designated LO100.
The preliminary results and fluid samples indicate several reservoirs with good mobility. Initial assessments suggest that gas volumes on site may exceed 1 trillion cubic feet, with up to 100 million bbls of associated condensate.
These results confirm the presence of a working hydrocarbon system and open new exploration opportunities in the area. Azule Energy will continue to assess the full potential of the Gajajeira-01 discovery and collaborate with Block 1/14 partners to determine the optimal development strategy.
Kenya oilfield development plan
Tullow Oil Plc and Kenya’s Gulf Energy Ltd. have secured an extension to submit a development plan for fields in Kenya, a crucial step to completing a sale of the assets. Tullow agreed to sell the oil deposits to the Nairobi-based trading firm in April, after struggling for more than a decade to bring them on stream. The $120 million deal was welcomed by investors eager to see Tullow’s debts come down, but it’s dependent on submission of a plan to get the oil flowing.
The companies have been granted a six-month extension until December, Daniel Kiptoo, director-general of Kenya’s Energy and Petroleum Regulatory Authority, said by phone. While the regulator hopes progress will be made sooner, it does expect Gulf Energy to change several aspects of the plan before filing, he said.
Baker Hughes Rig Count: : International +27 to 913, U.S. -2 to 537 Canada +11 to 162
U.S. Rig Count is down 2 from last week to 537 with oil rigs down 1 to 424, gas rigs unchanged at 108 and miscellaneous rigs down 1 to 5.
Canada Rig Count is up 11 from last week to 162, with oil rigs up 10 to 112, gas rigs up 1 to 50 and miscellaneous rigs unchanged at 0.
International Rig Count is up 27 from last month to 913 with land rigs up 31 to 730, offshore rigs down 4 to 183.
The Worldwide Rig Count for June was 1,600, up 24 from the 1,576 counted in May 2025, and down 107, from the 1,707 counted in June 2024.
| Region | Period | Rig Count | Change |
| U.S.A | July 11, 2025 | 537 | -2 |
| Canada | July 11, 2025 | 162 | +11 |
| International | June 2025 | 913 | +27 |
Xpeng Motors lands at the 2025 Goodwood Festival of Speedu
As one of the most prestigious automotive cultural events in the world, the Goodwood Festival of Speed (FoS) has become a top stage connecting automotive history and future innovation. Recently, at the 2025 Goodwood Festival of Speed, Xpeng Motors, a global pioneer in smart electric vehicles, made a strong appearance with its latest product lineup and announced that the 2025 Xpeng G6 and G9 will be officially launched in Europe, marking a new chapter in Xpeng Motors’ European expansion strategy. New cars launched in the European market, Xpeng G6 and G9 topped the sales in their market segments The Goodwood Festival of Speed was founded in 1993 and is held every summer at Goodwood Manor in West Sussex, England.
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OilandGasPress Energy Newsbites and Analysis Roundup | Compiled by: OGP Staff, Segun Cole , victor@oilandgaspress
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