Energy/Automotive News| WTI Crude $76.00/bbl, Brent $81.58/bbl, Opec $84.19/bbl
London, 30 January 2024, (Oilandgaspress): – Oil prices up. Crude oil prices started the week higher following a drone attack in Jordan that killed three U.S. military servicemen.Ongoing conflict in the Middle East continues to have an adverse effect on oil price stability.
Toyota Motor Corporation Chairman of the Board of Directors (Chairman) Akio Toyoda addressed an audience of chairmen, presidents, and frontline leaders from 17 Toyota Group companies1 (the Toyota Group) at the Toyota Commemorative Museum of Industry and Technology2, reflecting on the company’s founding principles and outlining his vision for the Group’s future direction, “Inventing our path forward, together.” Chairman Toyoda also set forth five attitudes to be embraced by the Toyota Group employees. As the automotive industry concept is being transformed by CASE*3 and other technological innovations, the Toyota Group is being revamped to deliver smiles and happiness to people around the world through a variety of mobility services. To achieve this goal, the Toyota Group has formulated a shared vision driven by Chairman Toyoda’s strong commitment to ensuring that all Group employees move toward the future with a common perspective and values. While originally planned for February 14, the birthday of company founder Sakichi Toyoda, the announcement was brought forward in light of recent irregularities at Group companies. Read full article
Dacia unveils Sandrider, a prototype that will be driven by The Dacia Sandriders team in the Dakar Rally and the World Rally-Raid Championship from 2025
Taking inspiration from the Dacia Manifesto concept car, Sandrider will be homologated to run in the premier Ultimate T1+ category
Participation in motorsport is a way for Dacia to test its approach of essentialism – and in particular its commitment to affordable decarbonisation – on the toughest terrains: Sandrider will run on synthetic fuel made by Aramco Read full article
Porsche Museum, Stuttgart-Zuffenhausen, 2020, Porsche AG
15 years already as a focal point of the brand: Since opening on 31 January 2009, the Porsche Museum has welcomed almost six million visitors from all over the world. The museum underpins the history of Porsche not just with an impressive collection and comprehensive knowledge from the company archive. It is already an important part of Porsche’s history, which is still being written.
Fifteen years ago, the Porsche Museum opened its doors to visitors from all over the world for the first time. Since 31 January 2009, it has taken 5,824,325 people on a fascinating journey through the history and development of the Porsche brand. This figure includes celebrity visitors such as Paris Hilton, the Backstreet Boys, Vladimir Klitschko, Arnold Schwarzenegger, Mario Barth, Patrick Dempsey, AC/DC, Peter Maffay, Udo Lindenberg and Georg Hackl. In 2023, the Porsche Museum broke the 2009 record for the number of visitors. In its opening year, the museum welcomed 511,513 guests, while in 2023 there were 535,613 guests. “We would like to thank all the fans and enthusiasts who made last year such a special one for us,” says Achim Stejskal, Head of Porsche Heritage and Museum. “Because of our ‘75 Years of Porsche Sports Cars’ brand anniversary, the number of visitors to Zuffenhausen was 54 per cent higher than in the previous year. The many interactive exhibition elements and the state-of-the-art presentation techniques make a visit to the museum a thrilling experience for guests of all ages,” Stejskal adds. Read full article
Porsche is updating the My Porsche app, the command centre for the digital management and control of a Porsche. It allows users to access vehicle functions, control charging processes and perform route planning before the trip using their smartphones. Now the app has been extensively revised with the aim of optimising operation and deeper integration of the app in the customer’s digital ecosystem.The home screen of the My Porsche app has been completely revamped. Developers were guided by the practical experiences, desires and requirements of customers. The new home screen in the My Porsche app offers more information, a clearer overview and more functions. Users will find relevant information at first glance and can start many functions directly from the home screen via the Quick Actions. The number of Quick Actions varies depending on the model. In electric vehicles, for example, a charging widget combines all the relevant charging functions of the app in a single location. A scroll function and prioritisation of elementary functions create the space for direct access to frequently used features. My Porsche in Apple CarPlay® for more than 400,000 existing vehicles Read full article
PEUGEOT is enthusiastically and determinedly committed to a radical transformation to become the leading brand in the European electric market by 2025. PEUGEOT offers the widest EV line-up of any European mainstream brand and aims to convince its customers to participate in this evolution by multiplying initiatives to make zero-emission mobility accessible, simple and serene.
Following the E-LION DAY initiated in January 2023, PEUGEOT is taking the opportunity of its first communication of 2024 to present its commitment to sustainable development as well as the major and structuring actions behind its ambition.
The widest EV line-up of any European mainstream brand, meeting all customer needs, both private and BtoB,
“PEUGEOT ALLURE CARE” – an unprecedented programme dedicated to customers of the new PEUGEOT E-3008, which covers all electrical and mechanical elements, up to 8 years/160,000km. PEUGEOT thus becomes the first European brand to offer such extensive coverage on one of its models,
ChatGPT technology offered to all its customers, across the entire range of PEUGEOT Passenger and Commercial vehicles,
PEUGEOT strengthens its actions in the circular economy, in line with the STELLANTIS Group’s “4R” strategy: Remanufacture, Repair, Reuse, and Recycle,
The Brand commits to education and announces the partnership with BORN FREE. Read full article
Opel grew significantly in 2023 with a sales increase of 15 percent. This is the highest percentage growth rate in more than 20 years. Global sales were up to around 670,000 vehicles giving the German manufacturer its highest registration numbers in four years.
Opel closed 2023 with a market share of around 5.3 percent on its home market of Germany. In the UK, Vauxhall recorded a market share of six percent. Opel is also very successful in Turkey with a market share of six percent.
“We can look back on a very strong year in 2023. Opel has grown considerably. We have made significant gains, particularly in electric vehicles, across the C-segment and light commercial vehicles. We were also able to significantly expand our international business. This is clear evidence that our strategy is working,” said Opel CEO Florian Huettl.
High proportion of electric vehicles: Sales increase of 22 percent for electric vehicles
The battery electric vehicles (BEVs) were extremely well received by customers. Around 90,000 BEVs sold represent a significant increase of 22 percent compared to the previous year. This impressively demonstrates the success of Opel’s electrification offensive.
Internationalisation strategy working: 62 percent increase outside of Europe
Opel grew strongly outside of the EU 29 markets last year and increased sales by around 62 percent to a total of 101,000 vehicles. This corresponds to 15 percent of the brand’s total sales.
Considerable light commercial vehicle growth: Sales up by 26 percent In total, Opel and Vauxhall were able to sell 125,000 light commercial vehicles worldwide, which corresponds to an increase of 26 percent compared to 2022. The brands secured a leading position among electric vans with around 17,000 units of the Combo Electric, Vivaro Electric and Movano Electric sold on the European market (EU 29). Read full article
Stellantis Pro One commercial vehicle lineup expands its production capabilities of hydrogen fuel cell vehicles with in-house production starting now on both mid-size and large van offers in Hordain (France) and Gliwice (Poland), respectively, boosting the Company’s zero-emissions offerings. The extended lineup and increased in-house, industrial scale production of fuel cell vans helps cement Stellantis’ standing as the undisputed leader in zero-emission propulsion in commercial vehicles in Europe.
In October 2023, the Company unveiled a full revamp of the van lineup as a key element of the Pro One strategic offensive for Stellantis’ Commercial Vehicles Business. Stellantis and its brands are leveraging a full range of advanced electrified propulsion, safety, ADAS and connectivity technologies to provide a stress-free environment for drivers and a reliable business partner to commercial owners. Stellantis Pro One has a powerful commercial vehicle manufacturing footprint to support its European leadership with the sites of Mangualde (Portugal), Vigo (Spain), and Ellesmere Port (UK) for K9 compact vans, Hordain (France) and Luton (UK) for K0 mid-size vans, and Atessa (Italy) and Gliwice (Poland) for large-size vans. Read full article
Automobili Lamborghini is continuing its path to decarbonization with a new ambitious target, supported by the biggest investment in the history of the company. The “Direzione Cor Tauri” strategy, which involves electrification of the model range and decarbonization of the production site, has extended its commitment to emissions reductions across the entire value chain. Stephan Winkelmann, Chairman & CEO of Automobili Lamborghini, together with the Board of Management, shares the results obtained up to now in this vital mission and announces a new ambitious target, destined to leave a significant mark on the company’s history: a 40%[1] reduction in CO2 emissions per car across the whole value chain by 2030 (vs 2021). To achieve this, the strategy encompasses the entire enterprise, from production to the supply chain and logistics, to the product use phase, covering the entire product life cycle and involving the whole company in a collective commitment to achieve the target of reducing emissions by 40%. Read More
| Oil and Gas Blends | Units | Oil Price US$/bbl | Change |
| Crude Oil (WTI) | USD/bbl | $76.00 | Down |
| Crude Oil (Brent) | USD/bbl | $81.58 | Down |
| Bonny Light | USD/bbl | $83.15 | Up |
| Saharan Blend | USD/bbl | $84.00 | Up |
| Natural Gas | USD/MMBtu | $2.08 | Down |
| OPEC basket 29/01/24 | USD/bbl | $84.19 | Up |
U.S. Rig Count is up 1 from last week to 621 with oil rigs up 2 to 499, gas rigs down 1 to 119 and miscellaneous rigs unchanged at 3.
Canada Rig Count is up 7 from last week to 230, with oil rigs up 4 to 144, and gas rigs up 3 to 86.
International Rig Count is down 23 rigs from last month to 955 with land rigs down 23 to 735, offshore rigs unchanged at 220.
The Worldwide Rig Count for December was 1,739, down 55 from the 1,794 counted in November 2023, and down 95, from the 1,834 counted in December 2022.
| Region | Period | Rig Count | Change |
| U.S.A | 28 January 2024 | 621 | +1 |
| Canada | 28 January 2024 | 230 | +7 |
| International | December 2023 | 955 | -25 |
Oil and Gas News Undiluted !!! �The squeaky wheel gets the oil�
OilandGasPress Energy Newsbites and Analysis Roundup | Compiled by: OGP Staff, Segun Cole @oilandgaspress.
Disclaimer: News articles reported on OilAndGasPress are a reflection of what is published in the media. OilAndGasPress is not in a position to verify the accuracy of daily news articles. The materials provided are for informational and educational purposes only and are not intended to provide tax, legal, or investment advice.
Information posted is accurate at the time of posting, but may be superseded by subsequent press releases
Please email us your industry related news for publication info@OilAndGasPress.com
Follow us: @OilAndGasPress on Twitter |
Oil and gas press covers, Energy Monitor, Climate, Renewable, Wind, Biomass, Sustainability, Oil Price, LPG, Solar, Marine, Aviation, Fuel, Hydrogen, Electric ,EV, Gas,
Subscribe to Oil, Gas, Energy News Release Service
