May 02, 2025 Latest Energy / Automotive News and Analysis
International Rig Count: -8 to 891.
London, May 02, 2025 (Oilandgaspress) –- The collective stock value of America’s oil and gas firms reportedly declined by over $280 billion following the announcement of President Donald Trump’s controversial tariff policy.
The Wall Street Journal reported Friday that this drop took place between April 2, the day Trump announced the tariff measures, and this Monday..The report further said U.S. oil prices dropped 19 percent in April to $58.21 a barrel. This is the lowest level to which the prices have been in over four years. Several economists expect that tariffs imposed by Trump will trigger a worldwide economic slowdown, leading to decreased demand for crude oil. The Organization of the Petroleum Exporting Countries (OPEC) and its partners plan to increase their production by over 400,000 barrels daily starting in May, according to the report. . Read Related News
Shareholders are invited to participate at the Ordinary and Extraordinary Shareholders’ Meeting of TotalEnergies which will be held on Friday May 23, 2025, at 2:00 p.m. at Tour Coupole, 2 place Jean Millier, La Défense 6, 92 400 Courbevoie..Shareholders may exercise their voting rights before the holding of the Shareholders’ Meeting, either by internet via the secured Votaccess platform, or by returning their postal voting form, or also by giving proxy. The detailed procedures relating to the exercise of the right to vote are specified in the notice of the Shareholders’ Meeting.
The preliminary notice of the Shareholders’ Meeting and the convening notice were published in the French Bulletin des annonces légales obligatoires (BALO) on March 31, 2025 and on May 2, 2025 respectively.
The documents referred to in Article R. 225-83 of the French Commercial Code are made available to Shareholders as from the date of the convening notice for the Meeting in accordance with applicable regulations:
Shareholders holding registered shares may, up to and including the fifth day prior to the Meeting, request that the Company sends these documents to them free of charge. For shareholders holding bearer shares, the exercise of this right is subject to the provision of a certificate of registration in the accounts of the bearer shares issued by the authorized intermediary;
Shareholders may consult these documents at the Company’s registered office, 2 place Jean Millier, La Défense 6, 92400 Courbevoie, under the conditions provided for by applicable regulations. Ordinary and Extraordinary Shareholders’ Meeting on May 23, 2025
Golar LNG Limited announced the Final Investment Decision (“FID”) and fulfilment of all conditions precedent for the 20-year re-deployment charter of the FLNG Hilli Episeyo, first announced on July 5, 2024. The vessel will be chartered to Southern Energy S.A. (“SESA”), offshore Argentina. In addition, Golar and SESA have signed definitive agreements for a 20-year charter for the MKII FLNG, currently under conversion at CIMC Raffles shipyard in Yantai, China. The MKII FLNG charter remains subject to FID and the same regulatory approvals as granted to the FLNG Hilli project, expected within 2025.
Key commercial terms for the respective 20-year charter agreements include:
FLNG Hilli (nameplate capacity of 2.45 MTPA): Expected contract start-up in 2027, net charter hire to Golar of US$ 285 million per year, plus a commodity linked tariff component of 25% of Free on Board (“FOB”) prices in excess of US$ 8/mmbtu.
MKII FLNG (nameplate capacity of 3.5 MTPA): Expected contract start-up in 2028, net charter hire to Golar of US$ 400 million per year, plus a commodity linked tariff component of 25% of FOB prices in excess of US$ 8/mmbtu.
The two FLNG agreements are expected to add US$ 13.7 billion in earnings backlog to Golar over 20 years, before adjustments (based on US-CPI) to the charter hire and before commodity linked tariff upside. For every US$ 1/mmbtu above the US$ 8/mmbtu, the total upside for Golar will be approximately US$ 100 million when both FLNGs are in operation. Subject to a 3-year notice and payment of a fee, SESA may reduce the term of the agreement to 12 years for the FLNG Hilli and to 15 years for the MKII FLNG.
The commodity linked tariff component is upside oriented. Golar will make 25% of realized FOB prices above a threshold of US$ 8/mmbtu, with no cap to the upside for gas prices. Golar has also agreed to a mechanism where the charter hire can be partially reduced for FOB prices below US$ 7.5/mmbtu down to a floor of US$ 6/mmbtu. Under this mechanism, the maximum accumulated discount over the life of both contracts has a cap of US$ 210 million, and any outstanding discounted charter hire amounts will be repaid through an additional upside sharing if FOB prices return to levels above US$ 7.5/mmbtu. Golar is not exposed to further downside in the commodity linked FLNG charter mechanism.
SESA is a company formed to enable LNG exports from Argentina. SESA is owned by a consortium of leading Argentinian gas producers including Pan American Energy (30%), YPF (25%), Pampa Energia (20%) and Harbour Energy (15%), as well as Golar (10%). The gas producers have committed to supply their pro-rata share of natural gas to the FLNGs under Gas Sales Agreements (“GSA”) at a fixed price per mmbtu before adjustments (based on US-CPI). Golar’s 10% shareholding in SESA provides additional commodity exposure.
The project has received the full support of the National and Provincial Governments in Argentina that granted all necessary approvals including (i) the first ever unrestricted 30-year LNG export authorization in Argentina; (ii) qualification for the Incentive Regime for Large Investments (“RIGI”); and (iii) provincial approval by the province of Río Negro for the offshore and onshore Environmental Impact Assessments for FLNG Hilli. Golar enters into 20-year agreements in Argentina
Hyundai Motor America today revealed pricing for its new 2026 IONIQ 9 EV family. IONIQ 9 is a premium three-row SUV that delivers over 300 miles of all-electric range regardless of trim. With its expansive, class-above interior cutting-edge design, extensive safety features, and fast-charging technology, IONIQ 9 is ideal for modern family life.
Pricing for IONIQ 9 RWD S with an impressive 335 miles of EPA-estimated driving range starts at $60,555, including destination. The IONIQ 9 AWD Performance Limited featuring 422 horsepower, 21-inch wheels and 311 miles of driving range, is priced from $72,850, including destination. The IONIQ 9 AWD Performance Calligraphy starts at $76,590, including destination. It features exclusive exterior and interior design features including unique front and rear facias, and aluminum trim, plus a full slate of new safety and convenience technologies. The range-topping IONIQ 9 AWD Performance Calligraphy Design adds Matte paint and 21-inch turbine wheels to the Calligraphy model and is priced at $78,090, including destination.
Customers who purchase or lease any new 2026 Hyundai IONIQ 9 model are eligible for their choice of a ChargePoint® Home Flex Level 2[iv] charger or a $400 charging credit. Assembled-In-America 2026 Hyundai IONIQ 9 EV Delivers 300+ Miles of Range From $58,955
Shell plc Chief Executive Officer, Wael Sawan
“Shell delivered another solid set of results in the first quarter of 2025. We further strengthened our leading LNG business by completing the acquisition of Pavilion Energy, and high-graded our portfolio with the completion of the Nigeria onshore and the Singapore Energy and Chemicals Park divestments.
Our strong performance and resilient balance sheet give us the confidence to commence another $3.5 billion of buybacks for the next three months, consistent with the strategic direction we set out at our Capital Markets Day in March.”
Q1 2025 Adjusted Earnings of $5.6 billion reflect strong performance across the business. CFFO excluding working capital was $11.9 billion for the quarter. Working capital outflow was $2.7 billion in Q1 2025.
Strengthened LNG trading and optimisation capabilities with the Pavilion Energy acquisition and high-graded the portfolio with the completion of the divestments of the Singapore Energy and Chemicals Park2 , and SPDC3 in Nigeria.
Disciplined capital allocation, with 2025 cash capex outlook of $20 – 22 billion.
Commencing another $3.5 billion share buyback programme for the next 3 months, making this the 14th consecutive quarter of at least $3 billion in buybacks. Total shareholder distributions paid over the last 4 quarters were 45% of CFFO, consistent with the 40 – 50% of CFFO through the cycle distribution target announced at Capital Markets Day 2025.
Resilient balance sheet with gearing (including leases) of 19%.
The Board of Shell plc today announced an interim dividend in respect of the first quarter of 2025 of US$ 0.358 per ordinary share. . Shell plc released its first quarter results and first quarter interim dividend announcement for 2025.
Income attributable to Shell plc shareholders, compared with the fourth quarter 2024, reflected lower exploration well write-offs, lower operating expenses and higher Products margins.
First quarter 2025 income attributable to Shell plc shareholders also included a charge of $0.5 billion related to the UK Energy Profits Levy and impairment charges. These items are included in identified items amounting to a net loss of $0.8 billion in the quarter. This compares with identified items in the fourth quarter 2024 which amounted to a net loss of $2.8 billion.
Adjusted Earnings and Adjusted EBITDA2 were driven by the same factors as income attributable to Shell plc shareholders and adjusted for the above identified items.
Cash flow from operating activities for the first quarter 2025 was $9.3 billion and primarily driven by Adjusted EBITDA, partly offset by tax payments of $2.9 billion and working capital outflows of $2.7 billion. The working capital outflows mainly reflected accounts receivable and payable movements.
Cash flow from investing activities for the first quarter 2025 was an outflow of $4.0 billion, and included cash capital expenditure of $4.2 billion, and net other investing cash outflows of $0.9 billion which included the drawdowns on loan facilities provided at completion of the sale of The Shell Petroleum Development Company of Nigeria Limited (SPDC) in Nigeria, partly offset by divestment proceeds of $0.6 billion.
Net debt and Gearing: At the end of the first quarter 2025, net debt was $41.5 billion, compared with $38.8 billion at the end of the fourth quarter 2024. This reflects free cash flow of $5.3 billion, which included working capital outflows of $2.7 billion, more than offset by share buybacks of $3.3 billion, cash dividends paid to Shell plc shareholders of $2.2 billion, lease additions of $1.3 billion including those related to the Pavilion Energy Pte. Ltd. acquisition and interest payments of $0.8 billion. Gearing was 18.7% at the end of the first quarter 2025, compared with 17.7% at the end of the fourth quarter 2024, mainly driven by higher net debt. .Shareholder distributions
Total shareholder distributions in the quarter amounted to $5.5 billion comprising repurchases of shares of $3.3 billion and cash dividends paid to Shell plc shareholders of $2.2 billion. Dividends declared to Shell plc shareholders for the first quarter 2025 amount to $0.3580 per share. Shell has now completed $3.5 billion of share buybacks announced in the fourth quarter 2024 results announcement. Today, Shell announces a share buyback programme of $3.5 billion which is expected to be completed by the second quarter 2025 results announcement.
This Unaudited Condensed Interim Financial Report, together with supplementary financial and operational disclosure for this quarter, is available at Shell Plc 1st Quarter 2025 Unaudited Results
Tesla’s sales plunged across Europe in April, including an 81% drop in Sweden to their lowest levels in 2-1/2 years, data showed on Friday, as Europeans buy more Chinese EVs and some protest against CEO Elon Musk’s political views.
The automaker’s sales have dropped for four straight months across much of Europe. For the first quarter, sales of all fully-electric cars rose 28% in Europe while Tesla’s sales slumped 37.2%.In Sweden, Tesla’s new car sales in April fell by 80.7% to their lowest levels since October 2022. Its sales in the Netherlands fell 73.8% to their weakest for that month since 2022 and were down 33% in Portugal, a bigger drop than the previous month.
Sales in Denmark recorded a 67.2% drop, data showed on Thursday, while France reported a 59.4% fall.. (Reuters) – Tesla April sales plunge
QatarEnergy entered into a long-term condensate supply agreement with the Singapore-based Shell International Eastern Trading Company (SIETCO), a wholly-owned subsidiary of London-listed Shell Plc.
The agreement, signed by His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of QatarEnergy, and Mr. Wael Sawan, the CEO of Shell, stipulates the supply of up to 285 million barrels of condensate to Shell during its 25-year term, starting from July 2025.
In comments at the signing ceremony, His Excellency Minister Al-Kaabi said: “We are delighted to sign QatarEnergy’s first 25-year condensate sales agreement, the largest and longest duration condensate agreement to date. This agreement is important for being signed with our strategic partner, Shell, with whom we have recently signed a 20-year naphtha sales agreement. These long-term agreements provide stability and certainty, and helps deliver more value to our customer Shell.” On his part, Mr. Sawan expressed Shell’s pleasure in entering into this long-term agreement and building on the longstanding strategic relationship with QatarEnergy. QatarEnergy enters 25-year condensate supply agreement with Shell
His Highness Sheikh Tamim bin Hamad Al Thani, the Amir of the State of Qatar, inaugurated the Ras Laffan and Mesaieed solar PV power plants with a combined capacity of 875 megawatts (MW), which will more than double the State of Qatar’s solar energy production to 1,675 MW of renewable energy. The inauguration ceremony took place today in Ras Laffan Industrial City in the presence of His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of QatarEnergy, and a number of Qatar’s energy sector executives and senior officials. Ras Laffan and Mesaieed Solar Power Plants
Chevron Corporation (NYSE: CVX) reported earnings of $3.5 billion ($2.00 per share – diluted) for first quarter 2025, compared with $5.5 billion ($2.97 per share – diluted) in first quarter 2024. Included in the quarter was a net loss of $175 million related to legal reserves and a tax charge due to changes in the energy profits levy in the United Kingdom that were partially offset by the fair value measurement of Hess Corporation shares. Foreign currency effects decreased earnings by $138 million. Adjusted earnings of $3.8 billion ($2.18 per share – diluted) in first quarter 2025 compared to adjusted earnings of $5.4 billion ($2.93 per share – diluted) in first quarter 2024. See Attachment 4 for a reconciliation of adjusted earnings.
Financial Highlights
Reported earnings decreased compared to last year primarily due to lower income from upstream and downstream equity affiliates, lower margins on refined product sales, unfavorable swings in tax items and foreign exchange effects, and lower realizations.
Worldwide production was relatively flat from a year ago as the impacts of asset sales were mostly offset by growth at TCO (20 percent), in the Permian Basin (12 percent), and in the Gulf of America (7 percent).
Capex in the first quarter of 2025 was lower than last year as the inorganic investment in power solutions for U.S. data centers was more than offset by lower spend in downstream. Affiliate capex was down primarily due to lower spend at TCO.
Cash flow from operations was lower than a year ago mainly due to lower earnings and tax payments related to the Canadian asset sale that closed in fourth quarter 2024, partially offset by higher cash distributions from TCO.
The company returned $6.9 billion of cash to shareholders during the quarter, including share repurchases of $3.9 billion and dividends of $3.0 billion.
The company’s Board of Directors declared a quarterly dividend of one dollar and seventy-one cents ($1.71) per share, payable June 10, 2025, to all holders of common stock as shown on the transfer records of the corporation at the close of business on May 19, 2025. Chevron Reports First Quarter 2025 Results
QatarEnergy, is in talks with Japanese firms for a long-term deal to supply LNG from its North Field expansion project, five trading and industry sources told Reuters. Under the deal, Qatar would supply a consortium of Japanese importers and a volume of at least 3 million metric tons per annum of gas would be split between them, four of the sources said. If agreed, it would help to confirm Doha’s decades-old dominance of the Japanese market, as competition intensifies from the United States and from neighbouring Gulf suppliers, the UAE and Oman, that offer more flexible contract terms.
It would also be the first deal since Reuters reported in October that Qatar was finding it hard to agree to LNG term deals with east Asian buyers in Japan and South Korea due to competition. . QatarEnergy in talks with Japan
Last weekend, a crowd flooded the General Motors Design Dome to catch a glimpse of the future. This time, the cutting-edge visions didn’t roll on wheels – they strutted on platform heels and elaborate leather sandals, as fashion design students from Detroit’s College for Creative Studies showed off their runway looks to an audience of over 400 people.
The fifth-annual CCS fashion show on April 26 marked the 10th anniversary of the founding of the Fashion Department at the Detroit college. The theme for this year’s show was “Icons: Celebrating the individuals, institutions and movements throughout history that make Detroit the iconic city it is.” That made GM’s Design Dome the perfect venue for this year’s fashion show. Designed by modernist architect Eero Saarinen in 1956, the facility, on the company’s Warren, Michigan tech center campus, is hallowed ground among GM creatives. The domed ceiling and elaborate illumination system allow designers to evaluate vehicles under shadowless light. Every new GM vehicle passes through the Design Dome for final scrutiny before it ever reaches production – a momentous rite of passage for GM designers. GM Design Dome
General Motors Co. announced that its Board of Directors has declared a quarterly cash dividend on the company’s outstanding common stock of $0.15 per share, payable June 19, 2025, to holders of the Company’s common stock at the close of trading on June 6, 2025. This represents a $0.03 increase over GM’s previous quarterly dividend. GM declares quarterly dividend
General Motors reported first-quarter 2025 revenue of $44.0 billion, net income attributable to stockholders of $2.8 billion, and EBIT-adjusted of $3.5 billion. Based on recent reports regarding updates to trade policy, GM Chair and CEO Mary Barra and GM Chief Financial Officer Paul Jacobson will now host a conference call for the investment community at 8:30 a.m. ET Thursday, May 1 instead of Tuesday, April 29 to discuss these results and GM’s updated 2025 full-year guidance.The company’s initial full year 2025 financial guidance does not contemplate the potential impact of tariffs. GM releases 2025 first-quarter results.
Electrovan, a fuel-cell powered vehicle unveiled in 1966. Two years earlier, in 1964, GM had begun to explore both electric and fuel-cell powered cars. The project, which eventually included more than 200 engineers, first resulted in an electric version of the Chevrolet Corvair known as the Electrovair. Eventually, two other vehicles followed – an improved EV, the Electrovair II, and the Electrovan.
Led by GM chief engineer Craig Marks, the program included an aggressive effort to adapt the fuel cell tech used in the Apollo program for automotive propulsion. Working with chemical giant Union Carbide, GM in January 1966 began outfitting what became the Electrovan with “the largest hydrogen-oxygen fuel cell systems of its kind in the world.”
The engineers were starting from scratch with a technology in which GM had little initial expertise. In a 2017 interview, Electovan project manager Floyd Wyczalek said the first thing he did after assembling an engineering team was to take them to a Union Carbide research lab for a one-day crash course on fuel cells. . GM demoed Electrovan at “Progress of Power,”
Equinor Brasil Energia Ltda., a subsidiary of Equinor ASA, has entered into agreements(1) with Brazilian company Prio Tigris Ltda., a subsidiary of PRIO SA (PRIO3.SA) for a sale of its 60% operated interest in the Peregrino field in Brazil.
PRIO, Brazil’s largest independent oil and gas company, will pay a consideration of USD 3.35 billion and a maximum of USD 150 million in interest to Equinor for the transaction. The final cash payment will reflect the closing date and any deductions generated by the asset since the effective date, which is 1 January 2024. Equinor will be responsible for operations of the field until closing of the transaction, after which PRIO will take over operatorship. The transaction is subject to regulatory and legal approvals. The payment will occur in two tranches, one at signing and a further one closer to closing. The payment will be subject to customary adjustments.. Equinor sells the Peregrino field
| Oil and Gas Blends | Units | Oil Price | Change |
| Crude Oil (WTI) | USD/bbl | $58.33 | Up |
| Crude Oil (Brent) | USD/bbl | $61.46 | Up |
| Bonny Light 02/05/25 CBN | USD/bbl | $63.75 | Down |
| Dubai | USD/bbl | $67.74 | Down |
| Natural Gas | USD/MMBtu | $3.59 | Up |
| Murban Crude | USD/bbl | $61.13 | Up |
| OPEC basket 01/05/25 | USD/bbl | $61.88 | Down |
General Motors’ Bowling Green Assembly plant in Kentucky isn’t just the home of the iconic Chevrolet Corvette. The plant also houses an exclusive engine assembly area that equips GM’s most powerful performance vehicles with their muscle. Built for performance
The Performance Build Center (PBC) is a 20,000 square-foot production area dedicated to assembling high-performance, low-volume engines. These engines are destined for select GM models, including the Cadillac CT5-V Blackwing, the Cadillac Escalade-V, and the Chevrolet Corvette Z06. One of the premier products the PBC manufactures is the LT7 engine, which debuts in the all-new, 1,064-hp1 2025 Corvette ZR1 – the fastest and most powerful vehicle ever built by an American auto manufacturer. ZR1 production in Bowling Green will debut later this quarter. Inside the plant where Corvette ZR1’s engine is born
Uber Technologies, Inc. (NYSE: UBER) and May Mobility, Inc., a leading autonomous vehicle (AV) technology company, today announced a new multi-year strategic partnership. May Mobility aims to deploy thousands of AVs on the Uber platform over the next few years, with an initial launch planned for Arlington, Texas, by the end of 2025. The partnership highlights both companies’ shared ambition to quickly scale AV use in ride-hail, broadening access to AVs across diverse markets and driving greater consumer choice.
The new partnership brings together Uber, the global ride-hail market leader, and May Mobility to scale the availability of AV transportation in an estimated $1 trillion AV market in the United States. Under the agreement, Uber will offer customers the option of a May Mobility AV on the Uber platform on qualifying trips. May Mobility will provide a fleet of American-made, hybrid-electric Toyota Sienna Autono-MaaS vehicles equipped with May Mobility’s patented Multi-Policy Decision Making (MPDM) technology. The first deployment will launch with onboard safety operators before transitioning to driverless. Following the initial launch in Arlington, Uber and May Mobility intend to expand to additional U.S. markets in 2026. Uber and May Mobility Announce Strategic Partnership
Baker Hughes Rig Count: U.S. -3 to 584 Canada -8 to 120
U.S. Rig Count is down 3 from last week to 584 with oil rigs down 4 to 479, gas rigs up 2 to 101 and miscellaneous rigs down 1 to 4.
Canada Rig Count is down 8 from last week to 120, with oil rigs down 7 to 74, gas rigs down 1 to 46 and miscellaneous rigs unchanged at 0.
International Rig Count is down 8 from last month to 891 with land rigs down 4 to 705, offshore rigs down 4 to 186.
| Region | Period | Rig Count | Change |
| U.S.A | 02 May 2025 | 584 | -3 |
| Canada | 02 May 2025 | 120 | – 8 |
| International | April 2025 | 891 | -8 |
Rolls-Royce is launching its new Battery Analytics software for its mtu EnergyPack battery solutions and will be presenting it for the first time at the ees battery trade fair in Munich, Germany in early May 2025. “Battery Analytics is an extension of our intelligent control platform mtu EnergetIQ. It provides real-time insights, predictive maintenance and enhanced cybersecurity for battery energy storage systems, thereby maximizing the performance, availability and service life of the systems,” explained Armin Fürderer, Director of Sustainable Customer Solutions at Rolls-Royce Power Systems. Rolls-Royce will present its battery solutions from May 7 to 9, 2025, at Europe’s largest trade fair for batteries and energy storage systems, ees in Munich, at booth B2.410.
Battery Analytics provides operators of mtu battery systems with powerful tools for monitoring battery status indicators in real time and receiving early warnings of potential problems. Intelligent algorithms enable proactive maintenance and performance optimization, reducing unplanned downtime, protecting infrastructure investments and improving operational efficiency.
One of the key strengths of Battery Analytics lies in its seamless integration into Rolls-Royce’s proprietary automation platform, mtu EnergetIQ. EnergetIQ serves as a central control system for power plants and manages decentralized energy systems, including generation (e.g., renewable energies), storage (e.g., BESS) and load. The platform is scalable and provides a secure foundation for centralized control and automation of plants. Rolls-Royce introduces Battery Analytics for mtu battery solutions- Read More
We have had a strong start to the year, with all divisions performing well. Despite the uncertainties associated with tariffs and continued supply chain challenges, our 2025 guidance of £2.7bn-£2.9bn of underlying operating profit and £2.7bn-£2.9bn of free cash flow remains unchanged. Year on year improvements in profit and cash flow are largely driven by our actions and strategic initiatives. Demand for our products and services also remains strong across the Group.
In Civil Aerospace, LTSA large engine flying hours (EFH) grew to 110% of 2019 levels in the three months to 31 March, with strong aftermarket revenue growth driven by higher shop visit volumes. Time on wing initiatives are progressing to plan. Certification of the new HPT blade for the Trent 1000, which will double the time on wing of this engine, is expected in the coming weeks and we remain on track to deliver a further 30% time on wing improvement for the Trent 1000 and Trent 7000 by the end of the year. The Airbus A350-900 with Rolls-Royce’s new Trent XWB-84 EP engine variant, which will improve fuel consumption by more than 1%, was certified in April. In business aviation, assembly of the first Pearl 10X powered Dassault Falcon 10X continued in the period and, in addition, the Pearl 700 powered Gulfstream G800 was certified in April.
In Defence, demand remains robust across our portfolio of products with strong order intake. In addition, in April, we delivered the first AE 3007N engine to Boeing for the MQ-25 program, the U.S. Navy’s first aircraft carrier-based unmanned air vehicle to be used for refuelling, intelligence and surveillance. Rolls-Royce Holdings Trading Update -Read More
Rolls-Royce Motor Cars has marked another milestone in the above-ground construction of its new extension at the Home of Rolls-Royce at Goodwood, with the installation of a bridge linking the existing premises with the site of what will become the new building, currently under construction alongside it.
Made from steel, the bridge is 30m (100ft) long, 4.4m (14ft) wide and 10m (32ft) high; it weighs just over 20-tonnes. Yet despite its size and weight, its ingenious design means the bridge appears to float in the air – just like the Home of Rolls-Royce’s other famous walkway, the Skywalk, that ‘floats’ above the marque’s production areas.
The new bridge was prefabricated off-site by a specialist metalworking company in Scotland and delivered to the Home of Rolls-Royce by road as a single assembly. This was a significant organisational and logistical challenge, especially on the narrow roads of rural West Sussex in the journey’s final stages. The Rolls-Royce project team worked closely with transport, technical and construction partners, relevant authorities and the local community to ensure the bridge arrived on time, in perfect condition and with minimal disruption to residents and other road users.
The bridge, which has been carefully integrated into the existing building, is the first physical connection between the original premises that opened in 2003, and the site of the new 40,000 sq m (430,500 sq ft) building. Once complete, this new structure will house a new Surface Finish Centre (paint shop), as well as new equipment and production areas for Bespoke and Coachbuild commissions, and a Logistics area. New bridge connects existing building and extension site at the Home of Rolls-Royce – Read More
Rolls-Royce Motor Cars presents its latest Bespoke commission, Black Badge Cullinan Daisy – a striking one-of-one Black Badge Cullinan Series II reflecting the commissioning client’s love of hiking and the outdoors. Drawing inspiration from a field of daisies on the client’s favourite trail in the High Tatras mountains, Black Badge Cullinan Daisy represents resilience and perseverance – much like a daisy that thrives in a variety of conditions. The daisy flower appears as a Coachline motif, meticulously hand-painted to complement the single Coachline applied over the Powder Blue Exterior. The subtle colour palette provides a striking contrast to the darkened Black Badge Pantheon Grille, Spirit of Ecstasy and exterior brightwork.
CO2 EMISSIONS & CONSUMPTION.
WLTP (combined) CO2 emission: 380-363 g/km; Fuel consumption: 16.8-17.7 mpg / 16.8-16.0 l/100km.
Rolls-Royce Motor Cars presents its latest Bespoke commission, Black Badge Cullinan Daisy
Throughout 2025 Rolls-Royce Motor Cars is celebrating 100 years of its most famous nameplate – Phantom. To mark this auspicious milestone, every Rolls-Royce Phantom hand-crafted at the Home of Rolls-Royce this year will be completed with a special centenary chassis plaque. Rolls-Royce will also be honouring the occasion with a number of exciting activations throughout the year, including the announcement of special Bespoke commissions, attendance at key calendar events and exploring some of the fascinating stories that have built the Phantom legend in the worlds of music, film and art. Please see below for the current key dates in the calendar for Phantom’s centenary year Rolls-Royce Motor Cars is celebrating 100 years
Phantom occupies a unique place in the history of Rolls-Royce. At any given time during the last 100 years, it has represented the very best in effortless luxury, engineering excellence, fine materials and exquisite, highly skilled craftsmanship. Across eight generations, each as storied as the last, Phantom has remained unrivalled – not just as the marque’s flagship motor car, but the world’s pinnacle luxury product – an icon of icons. As it enters its second century, Phantom remains an authoritative statement of connoisseurship, enjoyed by those who shape our world. Rolls-Royce marks Phantom’s centenary by reflecting on some of the fascinating stories where Phantom has played a role. The marque’s designers have created a series of original artworks paying tribute to Phantom’s legacy, celebrating this remarkable motor car’s cultural impact through the decades and capturing the spirit of each of its eight generations.
These artworks echo a historical precedent dating back to 1910, when the artist Charles Sykes – who would later create the Spirit of Ecstasy mascot – was commissioned to produce six original oil paintings for the marque’s 80-page catalogue. These images showed Rolls-Royce motor cars arriving at the opera, a country house, the golf course and other venues, reflecting the tastes and lifestyles of its almost exclusively aristocratic owners at the time. The illustrations created by the marque’s designers in 2025 illustrate just how much that client profile has diversified over the past century. Rolls-Royce reflects on Phantom’s global influence – Read More
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OilandGasPress Energy Newsbites and Analysis Roundup | Compiled by: OGP Staff, Segun Cole @oilandgaspress.
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