Energy / Automotive News Roundup
London, April 01, 2025 (Oilandgaspress) –-Tariffs are meant to reinvigorate US manufacturing, but there is more concern about what they mean for supply chains and the prospect of foreign retaliation right now, amidst signs of a cooling domestic economy. US manufacturing moves back into contraction territory. Today’s US data are in general softer than hoped. The ISM manufacturing index for March dropped to 49.0 from 50.3, lower than the 49.5 consensus and back in contraction territory. This is broadly in line with regional manufacturing indicators released in recent days. The details show big drops in employment (44.7 from 47.6) and new orders (45.2 from 48.6) with production down at 48.3 versus 50.7. Remember 50 is the break-even level so anything above is expansion and the further below 50 the deeper the downturn. This suggests that tariff fears (impact on supply chains and potential reciprocal action from foreign trading partners) are hurting the sector right now. Note too the big rise in prices paid to 69.4 from
62.4, which suggests pre-emptive moves ahead of the imposition of tariffs with the threat of higher prices for consumers looking very real. Below is a chart of manufacturing production growth (YoY%) versus the ISM production index. Read Related News
ProSep Achieves Inter-Continental Growth & Success
Emphasizing the impressive capabilities of its Multiphase Adjustable Xtreme (MAX+) mixer technology, integrated process solutions provider ProSep is on an impressive streak across multiple continents thanks to the adoption of its high-efficiency mixer.
Key to ProSep’s portfolio of differentiated technologies, the MAX+ mixer for crude desalting helps reduce chemical and wash water consumption, cut operational costs, enhances efficiency, and enables higher production rates. Separate operators in central Europe, central and Midwest America, and the Arabian Peninsula are all experiencing these benefits first-hand.
These recent endorsements signify a successful trend of greater use and awareness of ProSep’s high-efficiency mixers. These projects, which have been consecutively secured over the past two years, are all in varying stages of completion. Projects in the US and the Middle East are set for installation in the spring, while on-site testing is currently ongoing for the customer in central Europe.
ProSep anticipates that results for all four projects will be gathered in Q3 this year, with early results from the central European mixer showing significant improvements in the desalting process.
Despite the geographical differences between the projects, all four validate strategic aims set by ProSep’s leadership team to gain traction in the respective regions and support local energy infrastructure.
ProSep European Sales Manager Jacek Kacperski has led the key European project. He commented: “Our MAX+ mixer driving success across three continents simultaneously testifies to its capabilities and how the market is eager to explore operational efficiency improvements. In past projects, we have demonstrated how MAX+, through homogeneous distribution and effective wash water mixing, can improve the separation of wash water and crude oil mixture in downstream desalting vessels. . Read Related News
Opel presented a completely new automotive concept at the Geneva Motor Show that broke the boundaries of what had previously been imaginable. Its name: Opel MAXX. The design of the MAXX made reality what previously seemed unattainable – a car of which the space, equipment and appearance could be tailored exactly to individual requirements and taste. And that could also be adapted to the changing needs of the owner over time. With the MAXX, the Rüsselsheim-based company showed a vision of the future for a possible entry into the Opel world 30 years ago – all garnished with other innovative solutions and a highly efficient drive concept.
Today, the entry into the Opel world is small, manoeuvrable and even locally emissions-free. The best thing about it: In Germany, the all-electric Opel Rocks can be driven by young people aged 15 and over1. As a result, young drivers can now be mobile on four wheels even earlier than the developers would have dreamed of at the premiere of the MAXX 30 years ago. How much individual mobility, flexibility and style is possible in a small space, however, was demonstrated by the designers and developers of the MAXX as early as 1995.
The city car of tomorrow: Ultra-compact, modular, convertible.. Read Related News
Tesla sales kept falling in March in many European markets as it suffered from a double blow of boycotts against the policies of its founder Elon Musk and an ageing model line-up. Sales of Tesla’s electric cars in France fell 36.8 percent in March from a year ago amid a slight drop in the overall electric car market, according to figures released Tuesday by the Automotive Platform (PFA), which represents the country’s manufacturers and suppliers.
In Sweden, Tesla sales declined 63.9 percent in March and 55.2 percent in the first three months of the year, according to Mobility Sweden.
The Tesla Model Y SUV, the country’s top-selling car in the first quarter of 2024, is now behind two Volvos, the luxury Volkswagen ID.7, and a Subaru.
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In Denmark, Tesla sales fell 56 percent in the first quarter, according to Mobility Denmark.
Germany, Britain and Italy will announce their March figures in the coming days.
Already in the first two months of the year, Tesla’s sales in the European Union were almost cut in half, with the company now holding just a 1.1 percent market share. . Read Related News
New car registrations in France fell 14.54% in March from a year earlier to 153,842 vehicles, data from French car body PFA showed on Tuesday.
Tesla sales fell 36.83% to 3,157 vehicles. Since the start of the year, Tesla’s sales have declined by 41.08% while the French market has shrunk by 7.83% over the same period. . Read Related News
Baker Hughes Rig Count: U.S. -1 to 592 Canada -17 to 163
U.S. Rig Count is down 1 from last week to 592 with oil rigs down 2 to 484, gas rigs up 1 to 103 and miscellaneous rigs unchanged at 5.
Canada Rig Count is down 17 from last week to 163, with oil rigs down 10 to 108, gas rigs down 7 to 54 and miscellaneous rigs unchanged at 1.
International Rig Count is unchanged from last month at 905 with land rigs down 2 to 711, offshore rigs up 2 to 194.
| Region | Period | Rig Count | Change |
| U.S.A | 28 March 2025 | 592 | -1 |
| Canada | 28 March 2025 | 163 | – 17 |
| International | February 2025 | 905 | -4 |
More Energy, Oil & Gas Stories !!! �The squeaky wheel gets the oil�
OilandGasPress Energy Newsbites and Analysis Roundup | Compiled by: OGP Staff, Segun Cole @oilandgaspress.
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