Global Energy and Automotive News, Trends & Expert Analysis
London, June 09, 2025 (Oilandgaspress) –-Oil prices have remained relatively stable above the $60 range, defying fears about the broader economic fallout of escalating trade tensions
Finavia’s Helsinki Airport operations reach net-zero carbon emissions Airport company Finavia’s Helsinki Airport has achieved net-zero carbon emissions targets in its own operations and has received an international Airport Carbon Accreditation (ACA) program’s net-zero certification. Neste MY Renewable Diesel™, powering the machinery and emergency power generators at the Helsinki Airport since 2024, has played a significant role in reducing greenhouse gas emissions. Finavia aims to reduce the carbon dioxide emissions of all its airports to net zero by the end of 2025.
“Finavia’s operations at its 20 airports have been carbon neutral since 2019. Reaching net-zero targets at Helsinki Airport is the result of long-term and systematic work. The requirements for reaching net-zero level under the ACA program include that carbon dioxide emissions are reduced by at least 90 percent, residual emissions are neutralized, and that an external party verifies the emissions data and operations. Helsinki Airport is the fifth Finavia airport to receive the net-zero certificate. In 2023, four Lapland airports received the certificate. The use of Neste’s renewable diesel has been central to reducing our emissions,” says Henri Hansson, Finavia’s Senior Vice President, Sustainability, Technology & Safety.
With Neste MY Renewable Diesel, produced for the Finnish market from 100% waste and residues, Finavia has reduced greenhouse gas emissions from its machinery and emergency power generators at the Helsinki Airport by 90%* on average when emissions over the fuel’s life cycle are compared with fossil diesel.
At Finavia’s airports, machinery accounts for 80% of the company’s fuel use. This includes, for example, high-powered sweepers and snowplows used to clear runways and for the maintenance of the airport’s apron. They represent a heavy machinery segment in which electrification is very difficult due to high power requirements. Neste’s renewable diesel can be used to reduce greenhouse gas emissions in existing fleet and machinery without additional investments in or modifications to existing equipment.
The all-new Nissan LEAF Nissan Motor Co., Ltd. today divulges details of the third-generation LEAF’s enhanced suspension and maneuverability, improved heat regeneration features and quieter, more refined cabin.
Richard Candler, Vice president global product strategy said “The all-new LEAF delivers a responsive, smooth and confident drive. All elements have been optimized to support efficiency.”
The all-new LEAF is the first model to adopt Nissan’s all-new, 3-in-1 electric powertrain, which is 10 percent smaller than the motor used in the outgoing LEAF and offers up to 160 kW (214hp) power and 355 Nm (261ft-lb) of Torque on selected variants. Furthermore, improvements in noise and vibration ensure a quieter, more refined cabin. At urban speeds of 50 km/h (~31 mph), the interior of the all-new LEAF is up to 2 decibels quieter than the already hushed second-generation model.
With the compact powertrain, Nissan engineers positioned the HVAC (Heating, Ventilation, and Air Conditioning) unit under the hood, rather than behind the instrument panel. The result is a more spacious, open feeling within the cabin.
The all-new LEAF also benefits from a multi-link rear suspension system with a 66 percent increase in lateral stiffness. Combined with the CMF-EV platform and a more rigid body structure, the all-new LEAF delivers enhanced agility and improved ride comfort.
Despite the larger available 19-inch wheels, the all-new LEAF achieves up to 0.1-meter (3.94-inch) improvement in turning radius, enhancing maneuverability in urban environments. This improvement is facilitated by an upgraded rack electronic power steering system, resulting in a minimum turning radius of 5.3 meters.
Etihad and Ethiopian Airlines in codeshare partnership Etihad and Ethiopian Airlines activated their codeshare agreement, strengthening connectivity between Africa and Asia, Australia, and the Middle East. This bilateral partnership enhances global travel opportunities for guests, with seats available to book now. Ethiopian will start services from Addis Ababa Bole International Airport (ADD) to Zayed International Airport in Abu Dhabi (AUH) on 15 July, and Etihad Airways introducing daily flights to Addis Ababa starting 8 October.
This is the first step ahead of implementation of the groundbreaking Joint Venture agreed between Etihad and Ethiopian in March 2025 unlocking greater travel opportunities for passengers across both networks.
The codeshare lets guests simplify their journeys by making a single booking with one check-in process at the start and the added convenience of having their baggage transferred to their final destination.
Arik De, Etihad’s Chief Revenue and Commercial Officer said: “By leveraging our combined networks, we are unlocking seamless travel opportunities between Africa and Asia, Australia, and the Middle East. Easy connections via Abu Dhabi and Addis Ababa, will enhance flexibility, boosting trade and tourism, and delivering unparalleled travel experiences to guests of both airlines.”
Under this partnership, Etihad passengers will gain access to Ethiopian Airlines’ extensive African network, with connections via Addis Ababa to 55 destinations across 33 countries, including Entebbe, Kinshasa, Kigali, Lusaka, Harare and Victoria Falls expanding their travel options across the continent.
Baker Hughes Sells Precision Sensors & Instrumentation Product Line to Crane Company Baker Hughes announced Monday an agreement to sell its Precision Sensors & Instrumentation (PSI) product line to Crane Company, a diversified manufacturer of engineered industrial products, for a total cash consideration of approximately $1.15 billion.
PSI, part of Baker Hughes’ Industrial & Energy Technology (IET) segment, includes the Druck, Panametrics and Reuter-Stokes brands. These brands manufacture instrumentation and sensor-based technologies to detect and analyze pressure, flow, gas, moisture and radiation across various industries. PSI employs approximately 1,600 people across several manufacturing and service facilities globally. The sale encompasses all assets of the business, including intellectual property, footprint and resources.
This divestiture, along with the recently announced Surface Pressure Control transaction, is aligned with Baker Hughes’ focus on value-creating portfolio management that enhances the durability of earnings and cash flow and enables the company to reallocate capital toward higher-return opportunities using a strategic and disciplined approach to capital deployment.
Crane is a leading manufacturer of highly engineered components for challenging, mission-critical applications focused on the aerospace, defense, space and process industry end markets.
The closing of the transaction is subject to customary conditions, including regulatory approvals, and is expected to close at the end of 2025 or early 2026. Evercore is serving as financial adviser for Baker Hughes on this transaction.
Vestas receives 46 MW repowering order in Spain
Vestas is proud to announce the following order as part of our Q2 order intake:
| Country | Region | Customer | Project name | MW | Turbine varaint | Service agreement | Delivery & commissioning |
| Spain | EMEA | Naturgy | Somozas | 46 | 7 x V150-6.0 MW 2 x V110-2.2 MW | 10-year AOM 4000 Service Agreement | Turbine delivery is expected by Q4 2025 and commissioning is planned for Q2 2026. |
new Nigerian blend hits market Nigerian crude traded slightly higher than Brent crude amid ongoing dynamics in the global oil market.
Nigeria’s major oil blends, Brass River, Bonny Light, and Qua Iboe, last traded at $67.30 per barrel on Friday, marginally higher than the current Brent contract, as oil traders monitored ongoing peace talks between China and the United States. Green Energy International Limited (GEIL) has completed its first crude oil export from the newly constructed Otakikpo onshore terminal. According to the company, the shipment occurred on Sunday, June 8, at around 2:00 PM, when a Shell-chartered vessel lifted the terminal’s first consignment of crude oil.
Located in the Otakikpo marginal field in Rivers State, the Otakikpo terminal is Nigeria’s first privately built and operated onshore crude export terminal in over 50 years. GEIL Chairman, Prof. Anthony Adegbulugbe, described the achievement as historic.
WTI offers advantages over Nigerian crude, particularly in yielding higher-quality reformates and enhancing gasoline (petrol) blending capabilities.
Nigerian Army dismantles 27 bunkering sites The Nigerian Army’s 6 Division has arrested 43 suspected oil thieves and dismantled 27 illegal bunkering sites across the Niger Delta in a large-scale operation aimed at combating oil theft and pipeline vandalism.
The crackdown, carried out in collaboration with other security agencies from May 26 to June 8, resulted in the recovery of more than 161,000 litres of stolen petroleum products.
Further operations in Southern Ijaw and Ekeremor Local Government Areas uncovered an illegal refining site at Luka Creek. Authorities seized 71 large pipes, 30 small pipes, and a 40HP engine concealed beneath logs, which were abandoned by fleeing vandals.
In Rivers State, the military intercepted several vessels carrying stolen Premium Motor Spirit (PMS), including a large wooden barge and two boats, confiscating over 45,000 litres of the fuel. Eight suspects were arrested during these seizures.
Hyunda Campaign Showcases How the 2025 Tucson Hybrid Turns Savings into Life’s Little Luxuries Hyundai Motor America, in partnership with Culture Brands, today launched, “He Got Money,” a new campaign spotlighting the 2025 Hyundai Tucson Hybrid. As the latest installment in the award-winning “OKAY Hyundai” series, the spot blends humor, cultural familiarity, and savvy financial choices to show how smart savings can make room for joy — and a little flair.
In a world where every penny counts, the campaign introduces Sidney, who appears to be living an extravagant lifestyle—much to the suspicion of his sharp-eyed, no-nonsense aunties. As they gather with Sidney’s mom to discuss their concerns in lighthearted vignettes, the truth comes to light: Sidney’s brand-new Hyundai Tucson Hybrid is the secret behind his savvy spending. Thanks to the hybrid’s impressive gas savings, Sidney can enjoy life’s little luxuries without breaking the bank. The spot wraps up with smiles all around and the signature stamp of approval: “OKAY Hyundai.”
This campaign aims to inform and empower our audience about the smart financial choices they can make with the Hyundai Tucson Hybrid The 2025 Hyundai Tucson Hybrid offers a perfect balance of power and efficiency, featuring a 1.6L turbocharged hybrid engine and standard HTRAC, delivering up to 35 MPG combined. Inside, drivers enjoy advanced tech like a 12.3-inch touchscreen with wireless Apple CarPlay® and Android Auto™, plus Hyundai SmartSense safety features including Forward Collision-Avoidance Assist and Blind-Spot Collision Warning — all designed for smarter, safer driving.
“He Got Money” will run across broadcast and digital platforms in both 15- and 30-second formats and influencer partnerships. The campaign is designed to engage audiences with humor and relevance, reinforcing Hyundai’s commitment to cultural storytelling and meaningful representation.
Xpeng Motors to showcase China’s innovative new energy vehicle capabilities On the evening of May 27, the ASEAN-China-GCC Trilateral Economic Forum was grandly opened in Kuala Lumpur, Malaysia. Xiaopeng Motors, a leading Chinese new energy vehicle company, was invited to attend the opening ceremony and a series of activities.
ASEAN , China and the Gulf Cooperation Council deepen cooperation to jointly promote regional development and prosperity
The ASEAN -China-GCC Trilateral Economic Forum aims to deepen economic, trade and investment cooperation among the three parties, explore development opportunities, and focus on key issues such as industrial chain and supply chain coordination, energy security and infrastructure connectivity. Leaders of participating countries highly praised the importance of trilateral cooperation in promoting regional development and prosperity.
Premier Li Qiang attended the opening ceremony with Malaysian Prime Minister Anwar Ibrahim and Vietnamese Prime Minister Pham Minh Chinh. Li Qiang said : ” China, ASEAN and GCC countries have a long history of friendly exchanges . ” In this large shared market with efficient circulation of resources, technology and talents, the three parties are expected to create a vibrant economic circle and growth pole by deepening cooperation in emerging fields such as infrastructure connectivity, rule and standard docking and artificial intelligence, which is of great significance to the economic prosperity of each party and the peaceful development of Asia and the world.
faults found in new energy cars – J.D. Power The initial quality of new energy vehicles in China has declined for the second consecutive year, with an average of 226 problems reported per 100 vehicles, according to a J.D. Power study released on Thursday.
That figure marks a 16-problem increase from 2024 but suggests a slowing rate of decline compared to the 37-problem rise recorded in 2023.
Now in its seventh year, the study was based on responses from 20,829 NEV owners who purchased their vehicles between July 2024 and January 2025.
It evaluated 122 models from 48 brands, 107 of which met the sample size requirement. Data collection occurred from January to March 2025 across 81 Chinese cities, said J.D. Power.
Problems are categorized as either design-related or defect/malfunction-related, based on issues reported by owners within the first two to six months of ownership.
Despite the continued rise in reported issues, J.D. Power says signs of progress are emerging in certain areas.
Infotainment systems remain the most problematic component, with an average of 31 problems per 100 cars — unchanged from 2024, according to the study.
Among 10 major categories, the largest increase was seen in configuration and control systems (+3.5 per 100), underscoring the challenges automakers face in maintaining basic usability amid rapid technological upgrades.
In contrast, the battery and charging category saw an improvement of 3.2 per 100, led by gains in pure electric range performance — reflecting the maturity of core NEV technologies.
Plug-in hybrids and range-extended electric vehicles continue to grow in market share but both vehicle types posted higher-than-average problem rates.
PHEVs averaged 234 per 100, while REEVs stood at 235 per 100, compared to 220 per 100 for battery-only EVs, according to the study.
MOVE 2025 in London – June 18-19 at ExCeL London Stellantis, a leading global automaker, will showcase its commitment to sustainable, customer-centric innovation at MOVE 2025, the world’s leading tech mobility event, taking place June 18–19 at ExCeL in London.
Stellantis Ventures, the company’s corporate venture fund, will host an interactive booth featuring pioneering solutions from startups driving progress in AI, next-gen batteries, and accessible mobility. The space will also showcase innovative vehicles and technologies from Citroën and FIAT, two of Stellantis’ iconic brands.
Experience the Future of Mobility at the Stellantis Ventures Booth (Main entrance, Booth 1):
Citroën Ami is a revolution in the mobility landscape since its launch in 2020, allowing freedom of mobility to non-drivers and young people. Today, Ami goes further, addressing the needs of people with disabilities.
Fiat 500e and Stellantis partner Ample will demonstrate modular battery swapping, which enables a full charge in under five minutes, delivering a fast, convenient, and cost-effective energy solution.
Fiat Grande Panda and its Innovative Spiral Charging Cable: The Grande Panda is the first FIAT model built on the new global multi-energy Smart Car platform. It is the only car on the market to offer a patented front-mounted spiral AC charging cable, housed under the hood. This retractable cable simplifies the charging process for customers, allowing them to charge their vehicle without even getting their hands dirty.
Battery Innovation Wall: Explore collaborative research from Stellantis and its partners, including Factorial, Lyten, Zeta Energy, and Tiamat, which advance solid-state, lithium-sulfur and sodium-ion chemistries, improving performance and sustainability of electric vehicles.
AI Journey Showcase: An interactive display of how Stellantis is already embedding AI across the customer journey, from design to production to everyday driving.
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OilandGasPress Energy Newsbites and Analysis Roundup | Compiled by: OGP Staff, Segun Cole @oilandgaspress.
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