Energy / Automotive News Roundup; Rig Count: International +16 to 978.

London, 01 December, 2023, (Oilandgaspress): – Oil prices rose on Thursday in anticipation of the outcome of an OPEC+ meeting with potential further supply cuts in 2024 on the agenda. WTI Crude $76.20/bbl, Brent $81.06/bbl, Opec $85.00/bbl


Mercedes-Benz and Mercedes-AMG present the new pushchair collection developed with the German pushchair manufacturer Hartan: the All-Terrain, Avantgarde and Performance models and the AMG GT². The highlight is the new, innovative “Vegan Leatherette” material, which is reminiscent of fine leather both visually and to the touch, but does not contain any animal products. This high-tech fibre is extremely hard-wearing, very breathable and impresses with its durability, as verified in 100,000 so-called abrasion cycles. The AMG GT² combines sportiness, flexibility and maximum ride comfort in a very special way. This model will also be available as an exclusive limited edition, limited to 299 units worldwide. The pushchairs were developed in close co-operation with the Mercedes-Benz design department, are TÜV-tested and – like all Hartan products – meet the highest standards in terms of material selection and manufacturing quality. Read full article


Porsche Engineering announced today Nazif Mehmet Yazici has been named CEO of its new North American subsidiary based in the Los Angeles area. Yazici began his tenure at Porsche AG in 2007 as a quality engineer in the Exterior Purchased Parts division. Between 2010 and 2023, Yazici held a variety of leadership roles most recently serving as Director of Quality Complete Vehicle and Analysis. Yazici started his career at DaimlerChrysler, AG., in 2003. Yazici studied Mechanical Engineering at University Duisburg-Essen before earning a Doctorate degree from the University Duisburg-Essen.

Porsche Engineering Services North America, latest subsidiary of the international technology services provider, focuses on vehicle and software development for market-specific functions and digital services, including their verification, validation, and quality assurance.

Yazici will begin his role as CEO on January 1, 2024. Read full article


Hyundai Motor Company and Kia Corporation have unveiled the Universal Wheel Drive System — called ‘Uni Wheel’ — at ‘Uni Wheel Tech Day’ in Seoul, Korea. This paradigm-shifting vehicle drive system will revolutionize the design of future mobility devices.

Uni Wheel is a functionally integrated wheel drive system that dramatically improves available space inside an electric vehicle (EV) by moving the main drive system components to the vacant space within the wheel hub. In doing so, Hyundai Motor and Kia have designed a completely new structure for the drive system.

In internal combustion engine (ICE) vehicles power is transmitted from the engine through the transmission and to the wheels via drive shafts and constant velocity (CV) joints. In EVs, the engine and transmission are replaced by a motor and reduction gear, but the final method of transmission to the wheels is the same. Read full article


BMW Brilliance Automotive Ltd. and Mercedes-Benz Group China Ltd. announced that they had reached an agreement to establish a 50:50 joint venture in China to operate a high-power charging network and to provide Chinese customers with premium charging services.

Both BMW and Mercedes-Benz will apply the expertise gained from global and Chinese charging operations, as well as the in-depth understanding of the Chinese new energy vehicle (NEV) market, to deliver fast, convenient, reliable, and tailor-made charging solutions for the Chinese market. The cooperation is intended to elevate customer public charging experience. The joint venture aims to establish a network of at least 1,000 high-power charging stations with around 7,000 high-power charging piles by the end of 2026, adopting state-of-the-art charging technologies. The first stations are expected to open for business in 2024 in top NEV regions, with further stations to be installed nationwide. Read full article


The new Alfa Romeo Tonale in Polizia di Stato livery has arrived on the roads of Italy. A “Pantera” (‘Panther’) with a sporty, eye-catching style, soon to be used by Police Headquarters to keep their local areas under control. The new Volante police car was symbolically handed over today to the Polizia di Stato in Turin. The event took place at the Alfa Romeo Centro Stile, where the attendees included Minister of the Interior Matteo Piantedosi, Chief of Police Vittorio Pisani, Alfa Romeo CEO Jean-Philippe Imparato, and Managing Director of Stellantis Italia Santo Ficili. Fitted with a 163-hp 1,500 cc hybrid petrol engine, 7-speed automatic transmission, ballistic and anti-shatter protection and equipped with “Mercurio Extended” technology – to speed up checks during operations, the model will be distributed to the General Prevention and Public Rescue Offices at all Police Headquarters and to the main Police Stations, starting in December. In total, 850 cars will join the Polizia di Stato fleet in the first half of 2024, under a 2022 Consip tender for law enforcement agencies, won by Stellantis. Read full article


Opel will soon offer the new Corsa with 48-volt hybrid technology for the first time. The system features a lithium-ion battery that is recharged automatically under certain driving conditions and new 1.2-litre three-cylinder petrol engines with 74 kW/100 hp and 100 kW/136 hp that have been developed especially for the hybrid application. The engines are coupled to a new electrified six-speed dual clutch transmission and a 21 kW/28 hp electric motor.

Efficient, fun to drive and user-friendly, 48V hybrid technology is ideal for the new Opel Corsa. Compared with the similar non-electrified Corsa 1.2 with eight-speed automatic transmission (fuel consumption in the WLTP cycle: 5.5-5.4 l/100 km; 125-122 g/km CO2, both combined), the 74 kW/100 hp new Corsa Hybrid with the 48V technology (WLTP1 fuel consumption: 4.7-4.6 l/100 km; 106-102 g/km CO2, both combined) can save nearly 1.0 l/100 km of fuel (around 15 per cent) and also reduce CO2 emissions. Seamless: Petrol engine and electric motor operate together or separately

In everyday driving, on a mixture of city and country roads, the Opel Corsa Hybrid’s petrol engine and the electric motor operate together or separately to optimise energy consumption and performance. The system offers advantages above all in city traffic. Read full article


Vestas has received a 203 MW order to power an undisclosed wind project in the USA. The order consists of 45 V163-4.5 MW wind turbines. The orders include supply, delivery, and commissioning of the turbines, as well as a multi-year Active Output Management 5000 (AOM 5000) service agreement, designed to ensure optimised performance of the asset. Turbine delivery begins in the fourth quarter of 2024 with commissioning scheduled for the first quarter of 2025. Read full article


Baker Hughes is pioneering a first-of-its-kind approach in the geothermal energy sector. This low corrosive, in-situ acidizing system represents a novel method of harnessing geothermal energy with improved safety and enhanced production.

A standout feature of ThermaStim is its zero reactivity and corrosivity at surface. Where traditional acids in geothermal wells often react immediately near wellbore, ThermaStim activates deeper in the formation under the high temperature conditions found in geothermal formations. This unique quality ensures deeper penetration into the reservoir with low fluid volumes, allowing for improved stimulation.

Moreover, while many conventional solutions demand 40 percent or greater of the total fluid cost due to inhibition, ThermaStim saves cost on corrosion inhibitors. The in-situ acid generation triggered by temperature allows for protection of wellbore tubulars and downhole equipment without the need for an expensive corrosion package. It is safer on metallurgy and better for wellbore integrity, allowing operators to focus on production goals. Read More


Audi has improved the RS Q e-tron rally car once again. Ahead of its third outing in the Dakar Rally, the rally car with its pioneering electric drivetrain featuring a high-voltage battery and energy converter has received multiple innovative upgrades. The Audi driver crews of Mattias Ekström/Emil Bergkvist, Stéphane Peterhansel/Edouard Boulanger and Carlos Sainz/Lucas Cruz will benefit from numerous detail improvements in January 2024. The new ideas make the RS Q e-tron safer, more reliable, more comfortable and a little lighter, as well as having shorter maintenance times for the team.

In January 2024, Audi will take on the world’s toughest desert rally for the third time. “What the RS Q e-tron is fundamentally capable of has been demonstrated by our drivers and co-drivers with six stage victories and 22 other single-day podium results at the Dakar Rally since 2022,” says Rolf Michl, Head of Audi Motorsport. “Now it’s a matter of showing our performance as steadily as possible so that we can fight for top positions.” Audi Sport has analyzed the previous outings, identified weak points and set clear priorities for further development. Dr. Leonardo Pascali, the project’s new Technical Director, has focused on five key topics with his development team since early summer 2023. Read More


The Group Chief Executive Officer (GCEO) of Nigerian National Petroleum Company (NNPC) Limited, Malam Mele Kyari, expresses gratitude to Stakeholders and Nigerians for their enthusiasm regarding his reappointment by the President and Commander-in-Chief of the Federal Republic of Nigeria, Asiwaju Bola Ahmed Tinubu, GCFR. Viewing this reappointment as a renewed challenge, Kyari is committed to stabilizing the oil industry and enhancing service delivery for increased revenue.

The GCEO humbly appeals to stakeholders in the oil sector and fellow Nigerians to support the company under his leadership to ensure the success of its mandate.

Consequently, the GCEO kindly requests all parties concerned to refrain from issuing congratulatory messages on his reappointment. He emphasizes the necessity for all stakeholders’ commitment to drive revenue growth and fortify resilience for the naira and the economy. Read More


Toyota is celebrating the joy in creating holiday memories with family through a message about spreading love this season. “Present from the Past,” the first of two Toyota holiday ads, debuted last night during NBC’s primetime special, “Christmas in Rockefeller Center,” with a personalized throw from a show host.

“Present from the Past” tells the story of a young woman who receives a Christmas gift from her grandmother. Inside the package is a vintage camera and a collection of her grandmother’s photos from when she was the granddaughter’s age. Inspired by the camera and with the help of her all-new 2024 Tacoma, the granddaughter decides to recreate the old photos of her grandmother by going to all the same places. Over the course of the following year, she journeys far and wide across the country: to bustling cities, desert canyons, heartland pastures, tranquil forests, secluded coastlines, small town attractions, and beyond. In the final scene, she arrives at her grandmother’s home just in time for Christmas, surprising her with a photo album she’s created from her travels, alongside her grandmother’s photos from the past. Her grandmother becomes overwhelmed with emotion from her granddaughter’s thoughtful gift. “Present from the Past” was created by Saatchi & Saatchi and directed by Lisa Gunning. Read More


Vestas has secured a 46 MW repowering order with Eurus Energy Holdings Corporation for Eurus Kamaishi Wind Farm in Iwate prefecture, Japan. The order includes supply and supervision of installation of 11 units of V117-4.2 MW wind turbines. Vestas will also deliver a multi-year Active Output Management 4000 (AOM 4000) service for the wind farm, providing an energy-based availability guarantee to ensure optimised performance and long-term business case certainty for the customer.
“We are pleased to partner with Eurus Energy Holdings Corporation again and to provide our wind energy solutions for the project. We remain committed to contribute to Japan’s carbon neutrality goal, through our industry-leading wind energy solutions and strong partnership with our customers”, said Purvin Patel, Vestas Asia Pacific President. Delivery of the turbines is planned to begin in the first quarter of 2025, with commissioning scheduled in 2026. Read More


On 21 November, Renault unveiled new Renault Master, designed to meet all the needs of professionals. This fourth generation has been designed to provide practical solutions to rising fuel prices, restricted access to city centres and the need to support our customers in the energy transition.

Designed in a wind tunnel, new Renault Master has been completely redesigned for greater efficiency.

The tilt of the windscreen, the new front end, the air intakes, the shape of the exterior mirrors, the tighter rear area: all the key elements of the design have been worked on to enhance aerodynamic performance and offer significant energy gains so that you can go further, load more and spend less.

Its new multi-energy platform meets every need:

A Blue dCi diesel version with 105 to 170 bhp, offering significant gains in CO2 emissions and fuel consumption
An electric version with 96 or 105 kW and a 40 or 87 kWh battery, offering a WLTP range of over 410 km A hydrogen version Read More


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

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