Global Energy/Automotive news, commentary and analysis
London, April 11, 2025 (Oilandgaspress) –-(Reuters) – Oil-dependent governments are coming under pressure from the lowest crude prices since the COVID-19 pandemic, with officials preparing policy responses for a drop in revenue such as issuing more debt and reducing spending.
Brent crude plunged more than 15% in the days following U.S. President Donald Trump’s aggressive tariffs, as the escalating trade war between the U.S. and China spurred worries about recession and energy demand. The same week, the OPEC+ cartel put forward a plan to increase supply next month. Brent sank below $60 a barrel, falling to the lowest level since February 2021. Other producer countries are planning to plug their shortfalls with debt. Kuwait passed a law last month to allow its government to tap international debt markets for the first time since 2017. The country’s finance minister Noora Al-Fassam said it was important to improve the flexibility of public finances. Saudi Arabia has also leaned on bond markets in recent years to finance the spending boom it has embarked on to diversify its economy. The kingdom faces mounting pressure to cut spending after the plunge in crude prices, complicating the ambitious plans to build out megaprojects such as the Neom City. The International Monetary Fund estimates that Riyadh needs oil prices of over $90 a barrel to balance its budget. Read Related News
| Oil and Gas Blends | Units | Oil Price | Change |
| Crude Oil (WTI) | USD/bbl | $60.08 | Up |
| Crude Oil (Brent) | USD/bbl | $63.36 | Up |
| Bonny Light 10/04/25 CBN | USD/bbl | $67.55 | Up |
| Dubai | USD/bbl | $67.83 | Up |
| Natural Gas | USD/MMBtu | $3.44 | Down |
| Murban Crude | USD/bbl | $64.86 | Up |
| OPEC basket 10/04/25 | USD/bbl | $66.41 | Up |
Bugatti Home unveils its first Milan Atelier, an exclusive design studio and exhibition space where innovation, customization, and artistry converge. Located in the prestigious Palazzo Chiesa, in the heart of Milan’s Design District, this permanent venue is more than a showroom – it is a dynamic environment where the Bugatti Home Collection is showcased, alongside a dedicated area for personalization and configuration. The Atelier – a bold expression of Bugatti’s DNA – is an immersive environment where clients and designers can explore the endless possibilities of bespoke interiors. A striking interplay of metallic partitions, deep Bugatti Blue accents, and a meticulously curated material selection defines a space built around exclusivity, avant-garde design, and precision craftsmanship. At the core of the Bugatti Home Atelier experience is the Configuration Studio, a dedicated space where visitors can discover a refined selection of materials, finishes, and textures, carefully curated to express the vision and excellence of the brand. Just as the Molsheim Design Studio allows for the ultimate personalization of Bugatti hyper sports cars, the Milan Atelier offers a bespoke approach to interior design, where every detail is a tribute to innovation, enabling truly tailor-made creations that embody the perfect fusion of aesthetics and performance.The opening of the new Milan Atelier also marks the launch of the latest Bugatti Home Capsule Collection, unveiled just one year after the debut of the 3rd Collection in 2024. Designed with the same uncompromising pursuit of excellence, these new pieces embody a perfect equilibrium between sculptural forms, aerodynamic fluidity, and impeccable artistry. Each piece is an evolution of the brand’s signature, merging cutting-edge vision with the timeless elegance of Bugatti’s automotive heritage. The collection introduces the striking TYPE_18 dining chair, where the curved aluminum structure creates a bold interplay of movement and lightness. Its sculptural base, shaped by an extreme metal torsion, gives a sense of energy in motion, while the sleek rear shell recalls the aerodynamic fin, reinforcing the chair’s connection to Bugatti’s hyper sports cars. Read Related News
Bentley Motors is marking 25 years of Additive Manufacturing (AM) – widely known as 3D printing – at its headquarters in Crewe, having invested significantly into its facility and technologies in recent years. The journey, which began with a commitment to in-house 3D printing to support the development of Bentley’s first generation Continental GT, has evolved into a state-of-the-art facility that’s home to 13 machines operating six cutting-edge technologies.
Originally housed in the oldest building at the Pyms Lane site, A1 – which is now being transformed into the future assembly line for Bentley’s first BEV – the 3D printing facility has been relocated into the company’s new Engineering Technical Centre, reinforcing Bentley’s position at the forefront of innovation in advanced product development and manufacturing techniques.
Bentley’s Additive Manufacturing facility leverages a diverse range of advanced technologies, each offering unique printing capabilities that support the entire development and production lifecycle across multiple business areas.
A recent industry first example was on ‘The Black Rose’, a special customer commission, and one of only three right-hand-drive Baturs. The first ever expression of three dimensional printed solid rose gold was used, adding up to 210 grams of hallmarked 18-karat rose gold to the interior of the coachbuilt coupe at key driver touchpoints. The AM facility enables optimal material and process selection for every application. From large, functional components produced through Fused Deposition Modelling (FDM) to aerodynamic test models created by Multi-Jet Fusion (MJF) technologies. The team has even 3D printed a W12 engine block scaled down to just 5 mm wide that still retains every detail of the engine thanks to a Lithography-based Metal Manufacturing (LMM) technology – a pioneering approach to 3D metal printing that delivers industry-leading precision. These technologies support everything from scale models and rapid prototyping, to ‘single-print’ parts and bespoke tooling solutions that not only accelerate the product development process, but make it more sustainable through reducing waste materials. . Read Related News
Bentley Home will launch expanded interior and accessories ranges during Milan Design Week 2025, in materials you cannot find elsewhere – a direct response to customer demand from its’ 60+ global retailers. New, rare and ultra-fine natural materials combined with extreme customisation are offered across the collection to be presented at the Bentley Home Atelier in Milan, the flagship store, which will be transformed into a lush, biodiverse, English Garden throughout Design Week.
New materials – the ultimate in tactility
The new collection features an elevated material palette. Wood – a signature element of Bentley Home is now available in more open pore, matte finishes providing a new, sensory depth. A rare, wood veneer in a deep, amaranth hue will debut in rich, Amaranth Frisé that intensifies over time and a fresh, Shadowgrain finish adding depth and character. Stone features prominently with a new selection including Verde Belvedere marble in Deep Green and brushed Ivory Onyx combined with a new offering – cashmere upholstery – a juxtaposition of texture and tactility in the finest materials available.
A broad new interior furniture range
Four new, full customisable furniture pieces will be launched, with finishes available in a range of exquisite materials – leather, wood veneer, precious stones and cashmere.
Fenton Table – Francesco Forcellini, a long-standing Bentley Home design collaborator has created a new, aerodynamic dining table with a double layered top. Fully customisable in a round or rectangular top – the largest being 3.60 metres – a direct response to clients’ demands for ever grander entertaining areas and corporate offices. Read Related News
How Porsche reconditions defective vehicle components
With the ‘remanufacturing’ approach, defective vehicle components are to be reconditioned into functional spare parts so that their reusability can already be taken into account during vehicle development. With a ‘cross-departmental pilot project’, Porsche wants to further expand its existing processes in the area of remanufacturing defective components from Porsche vehicles and thus also make a contribution to sustainability. By refurbishing defective components into functional ‘as-good-as-new’ spare parts, the aim is to help conserve resources during the product life cycle.
Remanufacturing is to be integrated into Porsche’s development processes for vehicle projects in order to take specific requirements for the reusability of selected components into account as early as the product development process. In this way, Porsche aims not only to promote closed-loop concepts along the value chain of its vehicles, but also to contribute to the resource-conserving use of spare parts.
Reconditioning of components implemented in previous and current vehicle projects
Selected defective components from various vehicle model series are already being given a second life through targeted remanufacturing. Around 20 component groups are currently being remanufactured – including gearboxes, navigation computers, starters and alternators, for example. The following applies: the remanufactured component must meet the same quality and safety standards as a comparable new part. Defective components for which a reconditioning process exists are specifically requested by dealers worldwide and stored centrally in Porsche’s own spare parts warehouse in Sachsenheim. From there, the parts are transferred to specialised reconditioning plants – often the original manufacturers of the components – where they undergo careful cleaning, disassembly and comprehensive testing. Individual parts that can no longer be used are replaced with new parts, while fully functional parts are reused. After professional reassembly, the reconditioned components undergo the same quality and safety tests as newly produced spare parts. They are then offered back to Porsche dealers.
Proactive remanufacturing is to become an integral part of vehicle development
Porsche is continuously working on increasing the proportion of vehicle components suitable for remanufacturing. Further component groups with significant potential for a remanufacturing process have now been identified. These include components such as headlights, electric drives for rear spoilers or charging flaps and other electronic control units. . Read Related News
Jaguar Land Rover Automotive plc will be holding its Investor Day on 16 June 2025.
This event will give JLR bondholders and banks, and Tata Motors’ equity investors an opportunity to hear from the leadership of JLR on a range of topics. The afternoon schedule will include a product immersion and driving experience. The Investor Day will be held at our site in Gaydon, Warwickshire, UK with registration and refreshments starting at 8:30am UK time. The formal presentations are expected to finish before lunch at 1pm UK time and the afternoon schedule is expected to finish by 5pm. Attendees should register by 30 May 2025 by completing the online registration at: https://jlrglobal‑events.com/638755599684178379 . Note that in order to ensure maximum comfort and safety for all participants, there is limited capacity for the afternoon schedule. Places will be allocated in order of registration. We intend to have a live stream of the formal presentations, a link to which will be provided on our website nearer the time. A copy of the presentation material will be made available via our website on the day. An online recording will also be provided after the event. Read Related News
Natural gas is helping power the use of artificial intelligence
.Most of us interface with artificial intelligence (AI) in countless ways every day. AI is not only key to many digital experiences (from text editing to online shopping to gaming), but also an important part of many industries, including health care and transportation.
As the use of AI grows, so does the need for energy to power data centers. These facilities are so energy intensive that, by one estimate, they could consume as much as 9% of all energy generated in the U.S. by 2030. Meeting this demand will require an abundant supply of reliable energy that is available 24/7.
In the U.S.—which supplies approximately one-quarter of the world’s natural gas—natural gas is helping to power that need. According to the U.S. Department of Energy (DOE), data centers are among the most energy-intensive building types. Right now, they account for approximately 2% of total electricity use in the U.S.—and that figure is expected to grow. Data centers require so much energy because they involve running and cooling thousands of servers around the clock. These facilities consume 10 to 50 times the amount of energy per square foot of a typical commercial office building, DOE data indicates. Right now, these centers are pulling energy from the electrical grid, causing issues during peak demand and straining the system due to their high energy consumption. Read Related News
(Reuters) – Volkswagen’s truckmaker Scania said on Friday it had agreed to buy bankrupt Northvolt’s division that makes battery packs for heavy industry, reviving a transaction first presented in February, for an undisclosed price.
Sweden’s Northvolt filed for bankruptcy last month in one of the country’s largest corporate failures, bringing to an end Europe’s best hope of developing a rival to Asian electric vehicle battery makers. Scania said the purchase was in line with its strategy to develop complementary businesses to boost the company’s long-term competitiveness. Read Related News
Eni and KKR have closed the transaction contemplated by the investment agreement, announced last February, for the increase of KKR’s stake in Enilive through the purchase of Enilive’s shares from Eni representing 5% of the share capital, for a consideration of approximately 601 million euros. Upon completion of the transaction, KKR owns an overall 30% stake of Enilive’s share capital.
The transaction confirms a post-money valuation of 11.75 billion euros of Equity Value for 100% of Enilive’s share capital.
The overall proceeds for Eni group amount to 3.6 billion euros, including a capital increase in Enilive of 500 million euros to support the company’s growth plan. The transaction has been approved by the competent authorities. Read Related News
With support from the Green Innovation Fund of the New Energy and Industrial Technology Development Organization (NEDO), ENEOS will provide synthetic fuel produced at a demonstration plant*3 completed in September 2024 within its Central Technical Research Laboratory. This fuel will be supplied to vehicles for transporting guests provided by Toyota and Mazda, as well as vehicles for transporting related parties provided by Suzuki, Subaru, and Daihatsu. The synthetic fuel to be used has been confirmed in advance by Suzuki, Subaru, Daihatsu, Toyota, and Mazda to be able to operate similarly to gasoline.
Synthetic fuels are clean energy sources made from hydrogen derived from renewable energy sources and CO2 that can reduce CO2 emissions throughout their product lifecycle. As liquid fuels, they can utilize existing infrastructure and therefore contribute to reducing internal combustion engine CO2 emissions.
By operating the vehicles for transporting guests and related parties at the Expo, ENEOS, Suzuki, Subaru, Daihatsu, Toyota, and Mazda will promote the idea that engine-equipped vehicles running on synthetic fuel are a key mobility option on the path toward carbon neutrality. In addition, it will contribute to achieving the Expo’s sustainability mission as laid out in the EXPO 2025 Green Vision. Read Related News
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OilandGasPress Energy Newsbites and Analysis Roundup | Compiled by: OGP Staff, Segun Cole @oilandgaspress.
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