
January 16, 2025 Latest Oilandgaspress Energy / Automotive News and Analysis
London, January 16, 2025 (Oilandgaspress) –- BP plans to eliminate some 4,700 jobs and 3,000 contractor roles this year in an effort to further reduce costs, according to various media report today. The British oil giant reportedly told employees in a memo Thursday that it would slash around 4,700 jobs this year. The company also said it was cutting 3,000 contractor roles and that 2,600 of those contractors had already departed.
The job cuts would be equal to around 5% of the global workforce of around 90,000 employees at BP.
Shares in BP have been underperforming its peers in the sector, namely ExxonMobil and Chevron.

Hyundai Motor America announced that Claudia Márquez has been appointed chief operating officer of Hyundai Motor America. In her new role, Márquez will lead Hyundai’s U.S. business operations and direct the company’s customer-focused growth strategies. Márquez will report to the CEO of Hyundai and Genesis Motor North America, Randy Parker.
“Claudia’s extensive experience and proven track record of driving growth and building brands make her a perfect addition to lead the Hyundai team,” said Parker. “Her vision and commitment to excellence align perfectly with Hyundai’s mission to drive growth and deliver exceptional value to our customers and dealers. We look forward to her contributions as we build on our momentum.”
In her role, Márquez will oversee all sales, distribution, product line management and aftersales activities, as well as shared responsibility for dealer network development for Hyundai vehicles in the U.S., driving profitable sales and market share growth. She will be responsible for executing comprehensive sales and after-sales strategies and programs designed to optimize dealer performance, strengthen dealer relationships, enhance customer experience, and ensure effective market representation. . Read More
Hyundai Motor America has been awarded The Clean Transport Award at the annual Supply Chain Excellence Awards USA, being recognized for its groundbreaking advancements in hydrogen mobility and clean logistics.
Hyundai clearly distinguished itself among industry leaders and innovators at Hyundai Motor Group Metaplant America (HMGMA), where it has deployed more than twenty Hyundai XCIENT heavy-duty hydrogen fuel cell electric trucks for clean logistics operations. This industry-leading initiative represents a significant step forward in HMGMA’s leadership efforts to both reduce its carbon footprint and actively promote sustainable practices in daily logistics operations. The use of zero-emissions hydrogen fuel cell technology further demonstrates Hyundai Motor Group’s ongoing commitment to responsible environmental stewardship.. Read More

Gulfstream Aerospace has officially opened its latest customer support service centre at Mesa Gateway Airport, Arizona. The $130 million, 225,000 square-foot facility can accommodate up to 13 large-cabin Gulfstream aircraft at once, offering maintenance, avionics services, inspections and drop-in support for all models. The Mesa service centre expands on Gulfstream’s existing west campus, which handles up to 10 large- and mid-cabin aircraft. Operations began in 2022 to meet customer demand ahead of construction completion, with additional hangar space added in 2023..Designed with sustainability in mind, the Mesa location includes features like reduced power and water consumption, recycled materials and a fuel farm with a 30,000-gallon tank for sustainable aviation fuel blends. Read More

During the period from 6 to 10 January 2025, Eni acquired on the Euronext Milan no. 3,659,884 shares (equal to 0.11% of the share capital), at a weighted average price per share equal to 13.6615 euro, for a total consideration of 49,999,497.80 euro within the second tranche of the treasury shares program approved by the Shareholders’ Meeting on 15 May 2024, previously subject to disclosure pursuant to art. 144-bis of Consob Regulation 11971/1999, for the purpose of paying to the Shareholders an additional remuneration compared to the distribution of dividends. Read More

Rolls-Royce has been awarded a contract by Polat Enerji, one of Turkey’s leading investors in the renewable energy sector, to supply a large-scale battery energy storage system with a capacity of 132 MWh. The mtu QG EnergyPack will be integrated into the Göktepe Wind Power Plant near Yalova in northwestern Turkey and will ensure that electricity from renewable sources can be fed into the grid without interruption.The plant helps to increase the stability of the Turkish power grid and, thanks to the integration of renewable energies, to reduce CO2 emissions. When the wind is strong and the turbines in the wind farm generate more electricity than the grid can absorb, the surplus energy is stored in the battery systems. This prevents grid congestion at times when a lot of electricity is available. Later, the storage units also supply green electricity to the grid when there is no wind but energy is still needed. The mtu EnergetIQ intelligent control platform helps to ensure that the plant can be operated efficiently and thus profitably. Read More
Vianode, an advanced battery materials company, has been selected as a strategic supplier of high-performance anode graphite solutions to General Motors (NYSE: GM). The agreement covers development of large-scale manufacturing capacity and supply of synthetic anode graphite towards 2033.

The master supply agreement has a USD multi-billion value for Vianode and marks an important step forward in strengthening the North American battery and EV supply chain. The high-performance anode graphite will be shipped from Vianode’s IRA compliant large-scale plant in North America with production starting in 2027. The agreement, that includes a minimum off-take commitment, follows a multi-year qualification process, demonstrating that the anode graphite produced at Vianode’s pilot plant in Norway meets stringent performance and validation requirements.
Under the supply agreement, the material will be used by Ultium Cells LLC – GM’s battery cell manufacturing joint venture with LG Energy Solution for next-generation EV batteries and drive units. Under the agreement, deliveries may be extended to include other joint ventures.. Read More
In 2024, Renault Group sold 2,264,815 vehicles (+1.3% vs. 2023) worldwide
Renault: 1,577,351 vehicles (+1.8% vs. 2023)
Dacia: 676,340 vehicles (+2.7% vs. 2023)
Alpine: 4,585 vehicles (+5.9% vs. 2023)
In Europe[1], the Group progressed twice as well as the market, with sales up 3.5%. With 1,599,051 vehicles sold, Renault Group is on the podium of car manufacturers with Sandero as the best-selling car across all channels.
Outside Europe, with its International Game Plan, the Renault brand saw its sales increase in Brazil (+10.3%) thanks to Kardian and in South Korea (+80.6%) thanks to the launch of Grand Koleos, the first vehicle of the new Renault Korea entity.
The Group maintains is value-oriented commercial policy:

Sales to retail customers in Europe* represent more than 63% of the Group sales (+21 points vs. the market average) with 4 models[2] in the top 10 of this category.
Sales in the C segments and above in Europe represent 30% of the Group sales. The Renault brand launched this year Scenic E-Tech electric, Symbioz and Rafale, while Dacia unveiled Bigster, which will be available in the dealerships in the spring of 2025.
Renault Group is continuing its electrification offensive, with 34.7%[3] of its sales that are electrified in Europe (+4.3 points vs. 2023).
Sales of hybrid vehicles increased by 45%, now accounting for 25.5% of the Group sales (+7.5 points vs. 2023). Renault brand strengthens its second place in Europe with 40% of its ICE sales that are hybrid vehicles.
Electric vehicles accounted for 9.0% of Renault Group’s sales in a year of transition in terms of product plan. This is starting to be reflected in the 4th quarter mix, which amounts to more than 12%, almost 5 points more than the rest of the year. For the Renault brand, 13.0% of its sales are electric. Sold since October in France, Renault 5 E‑Tech electric is the best-selling electric car in November and December.
The Group’s orderbook in Europe represents around 2 months of projected sales at the end of December 2024.
In 2025, the Group will launch 7 vehicles[4].
To support the electrification offensive in Europe, with, among others: Renault 4 E‑Tech electric, Dacia Bigster, Alpine A390 and Mobilize Duo & Bento.
In line with the International Game Plan, to gain market share in its strategic regions… Read More
A team at Northwestern University has transformed an industrial waste product into a battery for storing sustainable energy.
While many iterations of these batteries are in production or being researched for grid-scale applications, using a waste molecule, in this case, triphenylphosphine oxide, (TPPO) has never been done before.
The batteries used in our phones, devices, and even cars rely on metals like lithium and cobalt, sourced through intensive and sometimes exploitative mining operations. Demand for these critical minerals is expected to skyrocket over the next few decades. Read More
South Korea, one of the world’s biggest buyers of oil and natural gas, is looking to import more crude and LNG from the United States to diversify its energy supply and reduce its trade surplus with America, South Korean Energy and Trade Minister, Ahn Duk-geun, said on Thursday.
South Korea, the world’s third-largest importer of LNG after China and Japan, is considering more energy imports from the U.S. to potentially stave off tariffs that incoming President Donald Trump has promised to introduce on trade partners. Read More

A New York Supreme Court judge has dismissed a lawsuit brought by New York City authorities against three oil supermajors, alleging that they misled New Yorkers about the effect of using their products on the climate. The city sued Exxon, BP, and Shell, with allegations that have been used to sue other Big Oil companies across the States and elsewhere. These focus on claims that the management of the companies knew using crude oil products was harmful to the environment—more recently the climate—and yet did nothing to discourage people from using these products. In the New York City claim, however, it appears plaintiffs went a step too far. Supreme Court Justice Anar Patel dismissed their case saying that the city could not simultaneously claim that its citizens were aware of the effects on using oil products on the climate and that they were misled by Big Oil into believing there was nothing wrong with using these products.. Read More
Alpine continues ahead of its product offensive
In 2024, the Alpine brand continued to grow in the premium segment for the fourth year running, with worldwide registrations up 5.9% to 4,585 vehicles sold.
Stronger growth in Europe of 7.1%, particularly in key markets for the brand such as Italy (+37.5%), the UK (+24.9%), Spain (+19.3%) and Germany (+10.6%).
The Alpine A110 maintains its European leadership in two-seat sports coupé, with a 44.7% market share, boosted by the success of its top-of-the-range versions: the A110 R and A110 R Turini.

Alpine’s product offensive came to fruition with the launch of the A290, its first 100% electric hot hatch, voted 2025 Car of the Year.
Launched in the second half of the year, the A290 booked 2,303 orders for 2024. Alpine brand has enjoyed sustained growth worldwide, since 2020, with a 5.9% increase in sales (4,585 vehicles) in 2024 compared with the previous year (4,328 vehicles).
The A-arrow brand sold 4,408 A110s (+1.8% over 2023), with more than 85% in top-of-the-range versions. The A110 R and A110 R Turini account for 35% of A110 sales in 2024. Nearly 80% of A110 sales are generated in its three core markets: France, Germany and the UK. Japan ranks fourth, with 230 Alpine A110s sold during the year.
ALPINE MAINTAINS ITS LEADERSHIP POSITION IN THE EUROPEAN TWO-SEAT SPORTS COUPÉ MARKET
Alpine strengthened its position in the high-end segment and grew in Europe (+7.1%) with 4,304 registrations. Italy (+37.5% of sales), the UK (+24.9%), Spain (+19.3%) and Germany (+10.6%) were the markets that most boosted the brand’s growth in 2024.
Alpine again confirms its leading position in the two-seater sports coupé market, topping the podium in Europe with a 44.7% market share.
2024: ALPINE’S ELECTRIC PRODUCT OFFENSIVE WITH THE A290
Alpine’s product offensive came to fruition in 2024 with the launch of the A290, its first 100% electric hot hatch, voted 2025 Car of the Year. After opening the orders on 30 July, the A290 made its debut at the end of 2024 with 177 registrations and 2,303 orders placed. Read More
BP is to cut 4,700 jobs from its workforce across the globe and 3,000 from its contractor, making a total of 7,700.
The company employs some 90,000 employees worldwide. Its chief executive Murray Auchincloss in April last year set out to make some $2bn (€1.9bn) by 2026 and revealed in October that the company was planning cuts of £500m (€486m) that would be made this year.In today’s statement, BP said: “Last year (2024) we began a multi-year programme to simplify and focus bp. We are strengthening our competitiveness and building in resilience as we lower our costs, drive performance improvement and play to our distinctive capabilities. Read More

Polestar announced that Polestar 7 will be a premium compact SUV. With that, Polestar is entering the world’s fastest-growing and most profitable premium segment. With its growing portfolio, Polestar reaffirms its position as a truly global, premium EV brand. “Polestar is known for its progressive design, with each car standing out and creating its own buzz – so too will Polestar 7. It is incredibly exciting to bring Polestar’s design ethos to a new segment. Polestar 7 will be everything our customers expect from us, both in terms of design and performance,” says Philipp Römers, Head of Design at Polestar. Polestar 7 is planned to be manufactured in Europe. With production already in place in the USA, South Korea, and China, Polestar continues to strengthen its global position with a well-balanced international production network. Moving forward, Polestar expects significantly increased revenue contribution from the sales of CO2 credits. With traditional OEMs struggling to transition to EVs, the demand for these credits is expected to increase in the coming years, to a three-digit million-dollar amount per year, from 2025. Polestar has already created an EU CO2 pool with four OEMs for 2025. Read More

Heat pumps may never be cheaper than gas boilers, Ed Miliband has said, despite Labour sneaking a ‘boiler tax’ through Parliament. The UK Energy Secretary confirmed that the government is not planning to introduce a future ban on gas boilers, citing concern around the potential cost to consumers. The scheme, which will come into force in April, means boiler manufacturers will be fined if they fail to sell enough heat pumps.
Companies in the sector have previoulsy warned it would add £120 to the cost of a new boiler – leading it to be dubbed the ‘boiler tax’. Read More

Petrol stations could soon be completely “phased out” across the UK with limited fuel available to motorists, according to experts.
Motoring specialists at electric vehicle experts Pod Point stressed it was likely there would be “less and less” petrol and diesel pumps as more switched to EVs. They say petrol and diesel costs are also likely to become “more expensive” when less is available with fuel likely to become a lot rarer. Although they admitted that there were currently “no plans” to cut down on the sale of petrol or diesel, a widespread move to EVs could force businesses’ hands. The move could be a blow to dozens of second-hand and used car owners who have not yet switched to EVs. Read More

Oil and Gas Blends | Units | Oil Price | Change |
Crude Oil (WTI) | USD/bbl | $79.36 | Up |
Crude Oil (Brent) | USD/bbl | $81.34 | Up |
Bonny Light 14/01/25 CBN | USD/bbl | $83.80 | Up |
Dubai | USD/bbl | $80.07 | Up |
Natural Gas | USD/MMBtu | $4.15 | Up |
Murban Crude | USD/bbl | $83.93 | Up |
OPEC basket 15/01/25 | USD/bbl | $81.66 | Up |

Nissan Kyoto Automobile Technical College (Nissan Kyoto College), a vocational school operated by the Nissan group company Nissan Gakuen Educational Corporation, announced today that it has signed memorandum of understanding with Chongqing Energy Industry Technician College (Chongqing College), a public vocational school in Chongqing, China, to cultivate automotive technicians able to work in China and abroad. In tandem, Nissan’s joint venture partner in China, Dongfeng Nissan Passenger Vehicle Company (Dongfeng Nissan), donated a Sylphy and a Pathfinder to Chongqing College as training vehicles. The agreement and donation were marked by a ceremony at Chongqing College today.
The automotive industry is undergoing a rapid and profound technological revolution driven by electrification, connectivity, and intelligence. Meanwhile, there is a significant shortage of automotive technicians. The MOU signed today is aimed to launch a talent development program for up to seven and a half years, aiming to cultivate automotive technicians able of taking on diverse roles in the industry. Participating students will first acquire knowledge and skills necessary to obtain Japanese national qualifications. After completing the program, they will be offered opportunities to work at Nissan dealerships in Japan. Read More

Mitsubishi Power underscored its commitment to the Kingdom of Saudi Arabia at Saudi Aramco In-Kingdom Total Value Add (IKTVA) Forum, which is held under the patronage of His Royal Highness Prince Saud bin Nayef bin Abdulaziz Al Saud this week in Dammam at the Dhahran Expo.
As a Platinum Sponsor of the 2025 edition of IKTVA, Mitsubishi Power is showcasing its advances in power generation technology innovation, localization, and sustainability in the Kingdom, aligned with Saudi Vision 2030.
This comes as Mitsubishi Power has considerably grown its presence in the Kingdom this year with the recent order it received for its state-of-the-art M501JAC combined-cycle (CCGT) hydrogen-ready power generation solutions for a new 475 MW industrial steam and electricity plant located at the Saudi Aramco Total Refining and Petrochemical Company (SATORP) Strategic SATORP petrochemical complex in Jubail, in the Eastern Province of Saudi Arabia, which is expected to house one of the largest mixed-load steam crackers in the Gulf region. In line with Saudi Aramco and the Kingdom of Saudi Arabia’s growing focus on localization, the Mitsubishi Power heavy duty gas turbine will be assembled in the Kingdom at the Mitsubishi Power Saudi Arabia’s assembly facility in Dammam. One of the world’s leading gas turbines in reliability, with combined efficiency rate of more than 64%, Mitsubishi Power’s JAC gas turbines are equipped to blend hydrogen with natural gas, ensuring a stable low-carbon power supply and supporting Saudi Arabia’s industrial growth, sustainability targets and stringent efficiency standards imposed by the Saudi Energy Efficiency Centre. Read More

Two Just Stop Oil Supporters who sprayed Heathrow departure boards with orange paint during the Oil Kills, international uprising to end fossil fuels last July have won a temporary reprieve as their jury failed to reach a majority decision. Phoebe Plummer and Jane Touil were appearing before Her Honour Judge Duncan at Isleworth Crown Court accused of criminal damage over £5,000 for their action on 30 July 2024 to demand a fossil fuel treaty to end oil and gas by 2030. The trial, which lasted nine days, ended when the jury failed to reach a majority decision. The Judge has scheduled a retrial for May 2026. Phoebe was remanded for 58 days and Jane for 14 days following the action in which the pair used fire extinguishers to spray water-based paint at the departure boards in the terminal. The Crown alleged that the action caused £8,000 worth of damages. Phoebe is currently serving a two year prison sentence for criminal damage for throwing soup on a Van Gogh painting in October 2022. They were sentenced by Judge Hehir at South Crown Court on 27th September 2024, a sentence that is now being challenged in an appeal scheduled for 29th January 2025. [4]
During the trial, Judge Duncan ruled out the defence of necessity, saying this did not extend to civil disobedience and what she called the defendants’ “honestly held opinions” about climate change. Read More
U.S. officials announced a $1.6 billion deal with Toyota subsidiary Hino Motors late Wednesday to settle charges it deceived regulators about the amount of emissions spewed by its diesel engines. Hino used altered emissions test data to get approval to import and sell more than 110,000 diesel engines to the U.S., most of which were installed in heavy-duty trucks made by Hino, according to the Environmental Protection Agency (EPA).

As part of the deal, Hino will plead guilty to engaging in a criminal conspiracy to mislead regulators and consumers, violating environmental protection laws and endangering public health, Attorney General Merrick Garland said in a news release.
U.S. regulators and the state of California, which has strict vehicle emission standards, worked out criminal and civil remedies with Hino valued at more than $1.6 billion.
The deal includes a $521.76 million criminal penalty, $442.5 million in civil penalties to U.S. authorities and $236.5 million to California, according to the Reuters news agency. Read More

Brightmark RNG Holdings LLC announced today that it has delivered first gas at 10 renewable natural gas (RNG) projects across the Midwest. Brightmark RNG Holdings LLC is a joint venture between Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (NYSE: CVX), and Brightmark Fund Holdings LLC, a subsidiary of Brightmark LLC.
With today’s announcement, the Brightmark RNG Holdings LLC joint venture now owns and operates 15 RNG projects in the Midwest, a region that generates nearly 43 percent of the nation’s agricultural products.
This milestone makes Brightmark one of the leading dairy RNG providers in the United States. To date, Brightmark has reduced emissions by more than 1.2 million tons of CO₂eq through its RNG circularity centers, equivalent to the amount of carbon sequestered by planting and growing nearly 20 million trees for 10 years. Read More

Saab sees high demand for the passive EW sensor Sirius Compact. As a result, the sensor will enter into volume serial production and Saab will be opening a new production facility in Tampere in 2025. First launched in 2022 and manufactured in Finland, Sirius Compact has been well received by the market with significant deliveries scheduled for 2025. In response to the high demand, Saab is now opening a new manufacturing facility in Tampere to cater for volume serial production of Sirius Compact. “Saab’s footprint is growing in Finland with a focus on research and development operations in the field of electronic warfare. This initiative underscores Saab’s commitment to provide cutting-edge defense solutions to customers,” says Kristian Tornivaara, Managing Director for Saab Finland. Saab currently employs more than 200 people in Helsinki, Tampere and Turku, a footprint which has grown rapidly in the last years and continues to grow with planned recruitments. In addition to the Sirius Compact family of sensors, Saab Finland is delivering sensor network capabilities and threat library management tools supporting customers tactical Electronic Support Measures (ESM) operations. The new manufacturing facility in Tampere will enter into service early 2025. Read More
Toyota Automobile Museum celebrated reaching 8 million visitors.
To mark the milestone, we are holding a special Commemorative Week from Saturday, January 18 through Sunday, January 26 (closed on Mondays). During each of these eight days, first hundred guests (limited one per family/group) each day will receive a special token of our appreciation. We also will have a special exhibit of the Toyota Sports 800 and the Honda S800. Read More

Baker Hughes Rig Count: U.S. – 5 to 584 Canada + 122 to 216
U.S. Rig Count is down 5 from last week to 584 with oil rigs down 2 to 480, gas rigs down 3 to 100 and miscellaneous rigs unchanged at 4.
Canada Rig Count is up 122 from last week to 216, with oil rigs up 100 to 144, gas rigs up 22 to 72 and miscellaneous rigs unchanged at 0.
International Rig Count is down 10 rigs from last month to 909 with land rigs unchanged at 712, offshore rigs down 10 to 197. International Rig Count is down 46 rigs from last year’s count of 955, with land rigs down 23, offshore rigs down 13.
The U.S. Offshore Rig Count is unchanged at 14, down 5 year-over-year.
The Worldwide Rig Count for October was 1,754, up 4 from the 1,751 counted in September 2024, and down 22, from the 1,776 counted in October 2023.
Region | Period | Rig Count | Change |
U.S.A | 10 January 2025 | 584 | -5 |
Canada | 10 January 2025 | 216 | +122 |
International | December 2024 | 909 | -10 |
US President-elect Donald Trump tasked a New Jersey congressman and vocal critic of offshore wind with writing an executive order he could issue to halt wind energy projects.
Offshore wind is a major part of transitioning to an electric grid powered entirely by sources that don’t emit carbon dioxide when generating electricity. The power sector is responsible for nearly a third of the nation’s planet-warming greenhouse gas emissions. On the campaign trail, Trump vowed to end the offshore wind industry as soon as he returned to the White House. He wants to boost production of fossil fuels such as oil, natural gas and coal, which cause climate change, in order for the U.S. to have the lowest-cost energy and electricity of any nation in the world, he says. Read More
Dana Incorporated announced today it will host a conference call and webcast on Friday, Jan. 24, 2025, at 9 a.m. EST. Chairman and Chief Executive Officer R. Bruce McDonald and Senior Vice President and Chief Financial Officer Timothy Kraus will provide a business update, present the financial outlook for 2025, and answer related questions.
Dana Incorporated (NYSE: DAN) announced today that the company was recognized as a ‘Global Top Employer 2025’ with further recognition in 25 countries. Dana was also selected as a Top Employer for its Asia-Pacific, European, and North American regions due to the high number of operations earning honors there.

This prestigious award by the Top Employers Institute recognizes excellence in people practices with a particular emphasis on exceptional human resources programs — including career development, work environment, learning, diversity and inclusion, well-being, and talent acquisition.
As part of the U.S. Department of Energy’s (DOE) continued commitment to electrified commercial road transport, DOE today announced a $68 million investment to design, develop, and demonstrate innovative electric vehicle (EV) charging sites near key ports, distribution hubs, and major corridors. The projects are selected and funded through DOE’s SuperTruck Charge initiative and aim to accelerate deployment of large-scale public EV charging infrastructure for medium-and heavy-duty (MHD) EVs for improved grid resiliency and reliability.

DOE’s SuperTruck Program launched in 2009 with four industry participants successfully demonstrating new, efficient technologies for Class 8 tractor trucks, including many that have been commercialized. SuperTruck 2 followed with five industry participants more than doubling Class-8 tractor truck efficiency while significantly improving engine brake thermal efficiency. SuperTruck 3 projects, scheduled to be completed in 2027, will reduce MHD truck greenhouse gas and air pollution emissions by 75% (on a lifecycle basis) and reduce the total cost of truck ownership, concentrating on electric and hydrogen fuel cell trucks.
Each SuperTruck Charge project targets large-scale, replicable, high-power charging installations to serve MHD electric fleets with tens to hundreds of vehicles. They will develop and demonstrate high-capacity charging infrastructure to serve MHD electric trucks for long-haul use cases (more than 500 miles per day) along major corridors and rural regions where grid capacity is limited. As momentum grows for MHD electrification, spurred by falling technology costs, continued innovation will scale up infrastructure to improve air quality, enhance the reliability of commercial road transport, and establish America’s global competitiveness and leadership in MHD electrification. Read More

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OilandGasPress Energy Newsbites and Analysis Roundup | Compiled by: OGP Staff, Segun Cole @oilandgaspress.
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