Oilandgaspress Energy / Automotive News, Rig Count: U.S. 539 Canada 180
London, August 14, 2025, (Oilandgaspress) –––In May 2025, total net electricity generation in the OECD reached 860.6 TWh. Of this total, 356.6 TWh (41.4%) was produced from fossil fuels, 358.5 TWh (41.7%) from renewable sources and 141.6 TWh (16.5%) from nuclear power. On a year-to-date basis, total net electricity production increased by 2.3% in the first five months of 2025.
Electricity generation from fossil fuels decreased 4.8% year-on-year in the OECD in May 2025. The shares of natural gas, coal and oil as a percentage of total electricity generation were 26.4%, 13.4% and 1.1%, respectively. Generation from natural gas decreased by 6.3% y-o-y (-15.4 TWh), and generation from coal decreased by 1.3% y-o-y (-1.6 TWh). The decreased generation from natural gas year-on-year came from all OECD regions; OECD Americas -5.9% (-10.1 TWh), OECD Asia Oceania -11.0% (-4.0 TWh) and OECD Europe -3.7% (-1.3 TWh). The decrease in coal-fired electricity generation by OECD Europe (-12.0% y-o-y, -3.0 TWh) offset increased generation in the OECD Americas (+1.7% y-o-y, +1.0 TWh) and in OECD Asia Oceania (+1.2% y-o-y, +0.4 TWh). On a year-to-date basis, electricity generation from natural gas has fallen 0.6% (-7.1 TWh) whereas coal increased by 6.2% (+40.1 TWh) in the OECD.
Electricity generation from renewable sources increased by 6.0% year-on-year (+20.2 TWh) in the OECD in May 2025. The output from solar generation continues to increase (+20.7% y-o-y, +19.0 TWh). Wind generation also increased year-on- year (+8.4% y-o-y, +7.0 TWh). This trend was mainly driven by OECD Europe, where electricity generation from wind increased by 20.3% year-on-year (+7.1 TWh), driven by Germany (+1.8 TWh), the United Kingdom (+1.6 TWh) and Sweden (+1.1 TWh). Read More
| Oil and Gas Blends | Units | Oil Price | Change |
| Crude Oil (WTI) | USD/bbl | $63.74 | Up |
| Crude Oil (Brent) | USD/bbl | $66.70 | Up |
| Bonny Light 12/08/25 CBN | USD/bbl | $69.78 | — |
| Dubai | USD/bbl | $68.32 | Down |
| Natural Gas | USD/MMBtu | $2.82 | Up |
| Murban | USD/bbl | $68.72 | Up |
| OPEC basket 13/08/25 | USD/bbl | $67.83 | Down |
Golar LNG Limited reported Q2 2025 net income attributable to Golar of $16 million, Adjusted EBITDA1 of $49 million and Total Golar Cash1 of $891 million.
Added $13.7 billion in Adjusted EBITDA backlog1, with further upside in contracted FLNG tariff CPI escalation and significant commodity upside:
Concluded 20-year charter of FLNG Hilli (“Hilli”) in Argentina with Southern Energy S.A. (“SESA”), with Adjusted EBITDA backlog1 of $5.7 billion.
Signed definitive agreements and reached Final Investment Decision (“FID”) for a 20-year charter for the MKII FLNG, also with SESA, with Adjusted EBITDA backlog1 of $8 billion. Remaining regulatory approvals and customary conditions precedent expected within 2025.
Commodity upside to Golar of approximately $100 million per year for every US dollar of offtake above $8/MMBtu.
FLNG Gimi (“Gimi”) reached Commercial Operations Date (“COD”).
Closed offering of $575 million of convertible senior notes due 2030 (“the Notes”) and repurchased 2.5 million common shares.
Appointed new board members, Benoît de la Fouchardiere, Mi Hong Yoon and Stephen J. Schaefer.
Declared dividend of $0.25 per share for the quarter.
Progressing contemplated next FLNG unit on the back of strong development of commercial pipeline. Read More
The battery-electric Mercedes-Benz eActros 600 continues to gain momentum in Europe. From Germany to Norway to Italy, from France to Romania – in recent months, Mercedes-Benz Trucks’ electric flagship has been delivered to customers in more than 15 European countries. The eActros 600 is used in a variety of logistics transport applications – from classic long-distance transport to demanding special tasks. In the second quarter of 2025, Mercedes-Benz Trucks secured the top position in the zero-emission heavy-duty vehicle segment in Europe. Transport and contract logistics service provider Logistik Schmitt has been relying on battery-electric trucks from Mercedes-Benz Trucks for several years and is intensively testing prototypes and pre-series vehicles from the manufacturer. In July, the company took delivery of the first five of a total of 23 eActros 600 trucks, thereby expanding its electrified transport operations to international long-distance transport. Read More
As of August 11, 2025, Daimler Truck Financial Services Germany (DTFSD) will expand its product portfolio with the new eService Leasing. The offer is aimed at customers who wish to integrate electric trucks into their fleets. The goal is to simplify entry into e-mobility through a bundled package of financial services, service contract and further optional services.
Product components and scope of services
The eService Leasing is based on a mileage-based leasing model with secured residual value and additionally includes the Mercedes-Benz Trucks Complete service contract, including Mercedes-Benz Trucks Uptime. The eService Leasing is complemented by a modular product package that includes various optional services from Mercedes-Benz Trucks and Daimler Truck Financial Services:
Greenhouse gas reduction rate and CO2 compensation: By means of annual CO2 certificates, operators of electric trucks can generate additional revenue.
eConsulting: Individual consulting on integrating electric trucks into daily operations, including route and infrastructure planning, profitability analyses and funding advice.
Advance financing of subsidies: The option exists to include government subsidies in the financing, reducing installments even before the funds are paid out.
GAP insurance: In the event of damage, the DTFSD-GAP SAFE insurance covers the gap between the current value and the outstanding debt.
Charging card: The Daimler Truck charging card enables brand-independent charging of electric trucks at over 900,000 charging points in 28 European countries.
Charging infrastructure hire purchase: Financing of charging hardware and installation costs is possible with terms of 12 to 60 months Read More
The Vision V – a highly elegant chauffeur-driven limousine with a special focus on the “Private Lounge” and the utmost comfort –is literally Mercedes Benz’ vision of combining generous space with maximum exclusivity. Traditionally crafted materials blend with hyper-modern, tech-savvy design elements that are as stylish as they are unexpected. And: Vision V provides a fascinating outlook on the future Grand Limousine Mercedes Benz VLS.
The show car demonstrates Mercedes-Benz’ vision of combining generous space with maximum exclusivity and an unprecedented immersive, digital experience. Following its world premiere in Shanghai in April, the Vision V embarked on its global Grand Tour, with Dubai as first stop and now its debut in the U.S.: After a stop-over in Los Angeles, it will be showcased at the Mercedes-Benz Star Lounge at Pebble Beach, CA on August 14-17, 2025. The future models of privately positioned MPVs – also known as Grand Limousines – will be named as Mercedes Benz VLE and Mercedes Benz VLS. While the VLE with up to 8 seats will range from flexible vehicles for families and leisure active customers to exclusive VIP shuttles, the VLS will define a unique segment of its own that bestows true greatness to automotive luxury. Starting in 2026, the VLE will be the first model based on the newly developed, modular, and scalable van architecture – ushering in a completely new era. This architecture allows for a clear differentiation between privately positioned Grand Limousines and commercial transporters. The VLS will expand the Mercedes Benz MPV portfolio into the top-end-segment. Read More
The first example of a special-edition 911 Carrera 4 GTS that celebrates 50 years of one of the world’s most beautiful roads has been delivered to its Romanian owner. Passing over the Făgăraş mountains and linking the Romanian regions of Muntenia and Transylvania by way of 90 sweeping kilometres of ribbon-like asphalt, the Transfăgărășan is widely acknowledged as one of the world’s greatest highways.
When the ‘road that touches the clouds’ turned 50 years old in 2024, so too did the 911 Turbo, leading to the Porsche clubs of Romania and Moldova organising a driving event on the route that featured some 110 cars and 200 guests. Finished in the Paint to Sample colour Graphite Grey, the first of the 10 cars sits on wheels with contrasting spokes painted in Guards Red while the same shade rings the headlights, adding a striking visual accent to the vehicle’s front end. On the doors, a subtle ‘Tribute to Transfăgărășan’ decal is displayed, while the B-pillars feature a badge that marks the vehicle out as one of the 10 special editions. As is often the case with Porsche sports cars, the new 911 Carrera GTS models benefit from the knowledge gained by Porsche engineers from the world of motor racing. In this case, it particularly influenced the design of the T-Hybrid drive, at the heart of which is a newly developed 3.6-litre boxer engine (911 Carrera GTS: Fuel consumption* combined (WLTP) 11.0 – 10.4 l/100 km, CO₂ emissions* combined (WLTP) 248 – 236 g/km, CO₂ class G , CO₂ class weighted combined G ). 911 Carrera 4 GTS
Inside the car, the personal touches continue, with ‘Tribute to Transfăgărășan’ featuring on the illuminated door sill guards, embroidered into the headrests and embossed on the centre armrest. The passenger-side dashboard also features the logo and lettering.
While all 10 vehicles feature the commemorative exterior badging, Romanian flag accents and bespoke interior elements, each was also individually configured by its future owner through the Porsche Sonderwunsch programme, with some choosing custom paint finishes, different interior materials, and picking from a selection of accessories. The result is that each car is one of a kind, united by the common tribute that the series pays to one of the world’s most iconic driving roads.
Its impressive performance enables the 911 Carrera 4 GTS Coupé to complete the 0-100 km/h sprint in 3.0 seconds, while it has a top speed of 312 km/h. In total, the system output is 398 kW (541 PS) and 610 Nm. The power increase over the predecessor model is 45 kW (61 PS). The new 911 Carrera 4 GTS offers highly dynamic driving characteristics while reducing CO₂ emissions and weighing significantly less compared to plug-in hybrid vehicles. The weight increase over its predecessor is just 50 kilograms..
The customers were given a sneak preview earlier this year, when they visited the Sonderwunsch Manufaktur in Zuffenhausen, and discussed the final details of their cars with the Sonderwunsch specialists there. The nine who have yet to receive their four-wheeled tributes will do so at an event at the end of August. Read More
Centrica will jointly buy National Grid’s Grain LNG terminal with U.S.-based infrastructure investor Energy Capital Partners (ECP), it said on Thursday, for an enterprise value of about 1.5 billion pounds ($2.04 billion).
The LNG terminal, owned and operated by a National Grid subsidiary, is located on the Isle of Grain in Kent, in southeast England. It is the largest LNG import terminal in Europe by tank capacity and one of the largest in the world. Centrica said its 50% share of the equity investment in the terminal was about 200 million pounds, with roughly 1.1 billion pounds of the total deal value being debt related to the project. Read More
Baker Hughes Rig Count: : International +27 to 913, : U.S. -1 to 539 Canada +3 to 180
U.S. Rig Count is down 1 from last week to 539 with oil rigs up 1 to 411, gas rigs down 1 to 123 and miscellaneous rigs down 1 to 5.
Canada Rig Count is up 3 from last week to 180, with oil rigs down 2 to 122, gas rigs up 4 to 57 and miscellaneous rigs up 1 to 1.
International Rig Count is up 1 from last month to 914 with land rigs down 10 to 720, offshore rigs up 11 to 194.
The Worldwide Rig Count for July was 1,621, up 22 from the 1,600 counted in June 2025, and down 92, from the 1,713 counted in July 2024.
| Region | Period | Rig Count | Change |
| U.S.A | August 8, 2025 | 539 | -1 |
| Canada | August 8, 2025 | 180 | +3 |
| International | July 2025 | 914 | +1 |
More Energy, Oil & Gas Stories !!! �The squeaky wheel gets the oil�
OilandGasPress Energy Newsbites and Analysis Roundup | Compiled by: OGP Staff, Segun Cole , victor@oilandgaspress
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