Latest Energy / Automotive News As Reported 25 May 2023

London, 25 May, 2023, (Oilandgaspress) : Kenya’s national carrier Kenya Airways (KQ) becomes the first African airline to use SAF (Sustainable Aviation Fuel) provided by Eni for a long-haul flight. KQ will be participating in the second edition of the Sustainable Flight Challenge (TSFC), an initiative of SkyTeam. The initiative is a friendly competition between SkyTeam member airlines. The Boeing 787-800 (B787-8) Dreamliner, that took off today from Nairobi’s Jomo Kenyatta International Airport to Amsterdam Schiphol, is the first Kenya Airways flight powered also by Eni Sustainable Mobility’s sustainable aviation fuel.

For this flight, JetA1 fuel is mixed with Eni Biojet, produced in the Eni’s Livorno refinery by distilling the bio-components produced from the Gela biorefinery. Eni Sustainable Mobility and Kenya Airways are working on a broader agreement for long-term collaboration. Read More

Vestas has received an order for a project in Argentina that includes supply of 16 V150-4.5 MW turbines as well as a 30-year Active Output Management 5000 (AOM 5000) service agreement. Deliveries and commissioning are planned for 2024. Customer and project names are undisclosed at the customer’s request. Vestas pioneered Argentina’s wind energy market with the installation of the country’s first commercial wind turbine in Comodoro Rivadavia in 1994. Read More

CyberHive announced it has joined Inmarsat’s ELEVATE programme. The partnership enables enhanced protection from cyber threats, which the UK Government estimates costs the UK economy £27 billion annually. ELEVATE is a development programme, ecosystem and marketplace for providers of software, hardware and solutions, and original equipment manufacturers (OEMs) in commercial land markets. As a new ELEVATE partner, CyberHive will provide customers with a reliable, future-proofed threat protection product to significantly heighten cyber security across connected IoT devices. As an ELEVATE partner, CyberHive will benefit from Inmarsat’s global L-band network ELERA, the leading satellite network for the Internet of Things (IoT). This will help the company reach more customers with quantum-safe cryptographic solutions for secure device communication. CyberHive a UK-based software company provides a patented cyber security product, CyberHive Connect, which dramatically increases the data protection of IoT devices with quantum-safe threat protection. Read More

Inmarsat announced that a transformative new range of service plans for its Jet ConneX inflight broadband solution will be supported by Satcom Direct’s Plane Simple ®Ka-band terminal. Building on the long-standing commercial relationship with Inmarsat, SD will act as both a distribution partner for the airtime and developer of the advanced tail-mount terminal. The terminal will be compatible with brand new Jet ConneX service plans that were launched yesterday as part of Inmarsat’s JX Evolution programme. Available to order now, the new plans include high-end packages that exclusively use next-generation Jet ConneX terminals, such as SD’s Plane Simple Ka-band antenna system, and deliver the fastest-ever speeds by the service. These will enable passengers to simultaneously connect more devices and enjoy unchallenged access to the most data-hungry applications, including high-definition video conferencing, without compromising on the service’s proven characteristics of consistency, reliability, resilience, and seamless global availability. Ongoing flight tests of the SD Plane Simple Ka-band antenna onboard the SD Gulfstream G550 aircraft are exceeding expectations. Conducted under an aircraft-specific supplemental type certificate, the trials are successfully validating the advanced hardware’s compatibility with Jet ConneX, which is powered by Inmarsat’s global Ka-band satellite network. Read More

Saab has received an order for sight- and fire control capability from BAE Systems Hägglunds. The order value is approximately SEK 900 million and deliveries are scheduled 2023-2029. Saab will provide the capability for the BAE Systems’ CV90 combat vehicles ordered by the Slovak Republic in late 2022 and will carry out the work in Sweden and the Slovak Republic. “We look forward to continuing to deliver our proven sight- and fire control capability for BAE Systems’ CV90, providing the user with precise targeting capability regardless of the vehicle’s movements says Carl-Johan Bergholm, head of Saab’s business area Surveillance. Saab’s sight- and fire control capability for tanks and combat vehicles provides high hit probability against ground and air targets. Read More

Baker Hughes Rig Count: U.S. Rig Count down 11 to 720,Canada Rig Count down 9 to 85

RegionPeriodRig CountChange from Prior
U.S.A19 May 2023720-11
Canada19 May 202385-9
InternationalApril 2023947+17
Rig Count Overview & Summary Count

On May 15, Eni acquired on the Euronext Milan no. 726,423 shares, at a weighted average price per share equal to 13.3531 euro, for a total consideration of 9,699,998.96 euro within the authorization to purchase treasury shares approved by the Shareholders’ Meeting on 10 May 2023, previously subject to disclosure pursuant to art. 144-bis of Consob Regulation 11971/1999. Following the purchases made on 15 May 2023, considering the treasury shares already held and the cancellation of 195,550,084 treasury shares resolved by the Shareholders’ Meeting on 10 May 2023 and under execution, Eni holds no. 32,254,614 shares equal to 0.96% of the share capital after cancellation. Read More

Porsche 963, V8 twin turbo engine M23_0406_fine

The 2023 Porsche Mobil 1 Supercup season gets underway this weekend at the Monaco Grand Prix (25 to 28 May). The original season opener could not go ahead after the cancellation of the Formula 1 race last weekend in Imola, Italy. Catastrophic storms and flooding made it impossible to hold this event. A fleet of 28 ca. 375 kW (510 PS) Porsche 911 GT3 Cup will line up on the grid of the legendary street circuit in the Principality of Monaco. There, the new Porsche Junior Bastian Buus from Denmark will go up against the likes of five-time motorcycle world champion Jorge Lorenzo from Spain. The international aspect is one of the strong points of the Porsche Mobil 1 Supercup, the most challenging of Porsche’s one-make cups worldwide. Read More

Porsche Heritage and Museum staged its biggest ever open-air exhibition.Forty of the most successful and iconic Porsche brand models were presented in the expansive garden of the Villa Olmo, which was opened to visitors as part of the ‘Fuori Concorso’, just a few minutes’ walk from the centre of Como.The often high humidity did not deter international visitors from enjoying the exhibits on display on the crunchy gravel before the imposing Villa Olmo as they told the story of past, present and future dreams – starting with a Porsche 550 Spyder, two models of which were victorious in their respective class at the fifth and final Carrera Panamericana in 1954. Another dream car to travel from Stuttgart to the ‘Fuori Concorso’ in Italy was the Porsche 356 B 2000 GS Carrera GT from 1963. The ‘Scraper’, which was designed by F.A. Porsche, weighs 195 kilograms less than its road-approved equivalent. Read More

1963 Mercedes-Benz 230 SL

Mercedes-Benz Museum inspires visitors of all generations with history and stories, science and creativity. The Museum will be open from 9 a.m. to 6 p.m. every day of the Whitsun weekend (Saturday 27 May through Whit Monday 29 May 2023) and during the ensuing school holiday period (30 May to 9 June 2023), including the Corpus Christi public holiday (8 June 2023). It will only be closed on Monday, 5 June 2023. The “KuBUS” children’s programme of the Kunstmuseum Stuttgart (a modern art museum) with its mobile studio will be offering an eclectic range of workshops from 7 to 11 June 2023. Children and young people will have the opportunity to follow in the footsteps of famous artists with the help of the experimental printing process “PAINT IT EASY”. This process makes it possible for them to create their own versions of works from the modern art museum and the Mercedes-Benz Art Collection, which they can take home with them. During the Whitsun break, the CAMPUS children’s area will be open on weekdays as well as at weekends. From 10 a.m. to 1 p.m. and from 2 p.m. to 5 p.m. interested children who are accompanied by adults, can take part in craft activities. Prior registration is not required. Read More

GT Mulliner

Bentley Motors is attending the Savile Row Concours with two limited editions from Mulliner. These bespoke and handcrafted editions have been created through collaboration with Jack Barclay – Bentley’s oldest retailer – and renowned Savile Row tailor, Huntsman. The Savile Row Concours celebrates the heritage and history of the prestigious London address, and its relationship with the automotive world. Every Huntsman Edition car comes with a bespoke Huntsman jacket for the owner; created in one of Huntsman’s exclusive house cloths. The Bentayga Extended Wheelbase and Continental GTC Huntsman Edition features bespoke interiors inspired by the sartorial heritage of the renowned Savile Row tailoring house. Huntsman Head Cutter and Creative Director, Campbell Carey worked closely with Jack Barclay and the team at Mulliner to carefully translate Huntsman’s 174 years of bespoke heritage into a design complementing the interior of each of the cars. These models have been furnished with unique Huntsman tailoring. Signature cloth design features throughout both vehicles, with upholstery in the Huntsman charcoal four point star design, is contrasted with honeycomb cross stitching. The iconic Huntsman logo and the signature ‘H’ motif can be found embroidered in the headrests, and embossed on the treadplates, with even the keybox receiving a custom treatment; inlaid with tweed and stamped with the Huntsman logo. The result is two bespoke cars fit for the ultimate bespoke lifestyle. Read More

Bentley launched two key initiatives in its mission to become the global leader in sustainable luxury mobility. The Bentley Sustainability Council is a team of global experts, created to both challenge and aid the company’s pursuit of sustainability excellence outlined in its Beyond100 strategy. This announcement comes alongside Bentley’s first-ever Sustainability Report, launched today. The Council comprises of three highly-informed experts that will help to accelerate Bentley’s sustainable journey. The team will offer an external voice and bring new ideas that both challenge and encourage the Beyond100 strategy, with the aim to achieve end-to-end carbon neutrality by 2030. The Council, which will advise the Bentley Board of Management and the Sustainability Committee directly, will play a key role in guiding one of the biggest transformations the automotive industry has ever seen. Read More

Volkswagen of America, Inc. announced that pricing for the 2024 Atlas will start at $37,725 MSRP and the 2024 Atlas Cross Sport at $36,715. The refreshed Atlas and Atlas Cross Sport feature an elegant new interior and a refined turbocharged engine that improves both performance and driving experience.

The Atlas will offer six trim levels, including two Peak Edition trims, while Atlas Cross Sport will offer five trim levels. For 2024, the Atlas family will be powered solely by a four-cylinder turbocharged and direct-injection TSI® engine with 269 horsepower and 273 lb-ft of torque. The new engine provides similar power to the outgoing VR6, a bump in torque—which is available over a broader rev range, improving drivability and acceleration—and is anticipated to provide improved fuel economy. EPA-estimated fuel economy is not yet available and will be released at a later time. An eight-speed automatic transmission and front-wheel drive are standard; Volkswagen’s 4Motion® all-wheel-drive system is available across the model lineup. Read More

British Gas is continuing to support great British businesses with a £15 million fund which provides grants to small businesses including pubs, cafes, restaurants, hairdressers, shopkeepers, and charities that are crucial to our high streets and communities and need help with energy costs. The company has already given £7 million in support spread across over 4,000 business customers with average grants of £1,700. The majority (74%) of grants have gone towards high street support such as sole traders in retail, bars, restaurants, and community services. In addition to grants, British Gas will be helping some businesses with the opportunity to extend their existing contract term by 12 months in order to significantly lower their current rates. These “blend and extend” contracts would give businesses who are on higher rates the option of spreading costs over a longer period. Read More

Hyundai Motor Group (the Group) this week signed a memorandum of understanding (MoU) for a strategic partnership with the Israel Innovation Authority at EcoMotion Week 2023 in Tel Aviv. At the 11th annual event, Heung-soo Kim, Executive Vice President and Head of the Global Strategy Office (GSO), delivered a keynote speech on ‘Hyundai Innovation in Israel.’ The MoU, signed by EVP Kim and Dr. Amiram Appelbaum, Chairman of Israel Innovation Authority, will enable the partners to jointly discover innovative Israeli startups that can collaborate with the Group through a startup competition and share project costs for initial technology validation.

To facilitate its technological advancement and transformation into a smart mobility solutions provider, the Group established GSO in November 2022, putting it in charge of setting up strategic directions for future mobilities, such as electric vehicles, advanced air mobility (AAM), robotics, purpose-built vehicles (PBV), and software-defined vehicle (SDV) through collaboration with internal and external organizations. Read More


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