London, November 26, 2025, (Oilandgaspress) –––The President of the Arab Republic of Egypt, Abdel Fattah el-Sisi met today with Eni Chief Executive Officer Claudio Descalzi to discuss Eni’s strong partnership with Egypt and the upcoming new initiatives. Egypt’s Prime Minister Mostafa Madbouly and Minister of Petroleum and Mineral Resources Karim Badawi also attended the meeting. During the meeting, Eni CEO Descalzi reviewed the company’s recent investments in the Country’s Upstream sector, which helped to confirm Eni’s role as Egypt’s top oil and gas producer and continue creating value for Egypt’s energy sector by driving a substantial increase in new gas production, supported by an offshore Mediterranean exploration drilling campaign initiated in October 2025. These investments will encompass an extensive exploration and drilling program across all Eni-operated areas in Egypt, with a strong focus on short-cycle, infrastructure-led opportunities and on extending the life of legacy assets in Sinai and the offshore Nile Delta. Read More
EDF is gifting customers eight hours of free electricity from 8am-4pm on Christmas Day, covering the hours when the nation’s electricity use hits its festive peak. New research, conducted by EDF*, reveals that households celebrating Christmas are estimated to use more than 65 kWh** of electricity on Christmas Day alone. This is seven times the usual daily consumption of 8–10 kWh*** – enough to watch Home Alone back-to-back 183 times.
Among the more unusual contributions to the day’s load, two in five (22%) pet owners go the extra mile to cook a special Christmas meal for their pet, alongside the 14.6 million turkeys and 114 million pigs in blankets Brits are expected to consume this Christmas****.
Beauty prep is also important as 1 in 10 are planning to use LED face masks (10%) and ring lights for festive selfies (10%) to ensure their Christmas Day looks are Insta-worthy.
Cooking Christmas dinner for family and friends remains at the heart of the celebrations, with three quarters (76%) of Brits planning to prepare a traditional meal complete with turkey (67%), roast potatoes (75%), pigs in blankets (57%) and stuffing (54%), washed down with a whopping 0.9 liters of gravy, proving its unwavering importance at the Christmas table.
But it is not just ovens that are working overtime. Brits are expected to brew a whopping 332 million cups of tea and coffee, enough to fill 32 Olympic-size swimming pools.
With Christmas specials and the King’s Speech to tune into, 93% of Brits plan to watch TV at some point during the day. Families across the UK will also spend an estimated 131 hours charging new devices on Christmas Day alone – from phones and tablets to games consoles, all while powering 18.5 million dishwasher loads.
Household lights are another star of the show, with 87% of homes brightening their festivities with Christmas tree lights for almost eight hours. In fact, the average home is expected to display 245 LED lights, contributing to more than 4 billion individual fairy lights twinkling across the UK throughout the day.
To help families enjoy the festivities, Read More
The new photovoltaic system at SIGNAL IDUNA PARK, which was developed as part of the sustainability partnership between BVB football club and RWE, is now complete. With 11,132 solar modules and an output of over 5 megawatts (MWp), Germany’s largest stadium now boasts the world’s most powerful PV system ever installed on a stadium roof. Going forward, BVB will be able to cover up to half of the stadium’s electricity requirements with solar power. This world record has been officially confirmed by the German Record Institute. Compared to the previous power supply, the new solar system will save around 1,700 tonnes of CO₂ per year. By the beginning of 2026, a battery storage facility with a capacity of 3.7 megawatt hours will also have been built. Once it has been connected to the new PV system, climate-friendly electricity can also be used when the sun is not shining. In April 2024, RWE and BVB installed a new PV system comprising around 200 solar modules on the roof of the BVB Fan World building, located next to the stadium. In summer 2024, RWE and Borussia Dortmund agreed to enter into a six-year partnership. As a ‘premium and sustainability partner’, RWE will support the renowned club in its ambitious decarbonisation plans. Read More
RWE has started to modernise its Calle wind farm in Lower Saxony. Three state-of-the-art 5.7-megawatt (MW) turbines, with a total capacity of 17.1 MW, are replacing five turbines built in 2004 which have a combined output of 9 MW. The dismantling of the old installations has already begun. RWE was awarded the repowering contract in the latest onshore wind auction held by the Federal Network Agency. The three new turbines, located in the district of Nienburg in the municipality of Bücken, are scheduled for full commissioning at the end of 2026.. Read More
The Ministry of Petroleum and Mineral Resources of Timor-Leste (MPRM) and Woodside Energy Ltd announced the signing of a Cooperation Agreement (Agreement) to carry out studies and activities to mature a Timor-based LNG concept (TLNG). The Agreement marks a significant milestone in the longstanding efforts by Timor-Leste and Woodside to unlock the value of the Greater Sunrise gas fields and reflects a renewed spirit of good-faith collaboration and commitment among the parties. Under the Agreement, MPRM and Woodside will carry out commercial and technical maturation activities for a greenfield Timor-based approximately 5 million tonne per annum LNG concept with a domestic gas facility and a helium extraction plant. These activities will run in parallel to the ongoing negotiation of the fiscal, regulatory and legal frameworks to support the upstream development of the Greater Sunrise fields between the Sunrise Joint Venture, Timor-Leste and Australian governments. The Agreement includes a high-level plan outlining key activities required to mature and progress this opportunity, under which first LNG may be produced as early as 2032-2035, subject to concept selection and investment decisions. Timor-Leste Minister of Petroleum and Mineral Resources, His Excellency Francisco da Costa Monteiro, said the Agreement sent a clear message that the Government of Timor-Leste and Woodside are united in their ambition to bring Greater Sunrise into production in a way that benefits all stakeholders. Read More
Mercedes-AMG is delighted to welcome Brad Pitt as the newest member of the World’s Fastest Family. Known for his starring role in the Hollywood blockbuster F1® THE MOVIE and his unmistakable on-screen presence, Brad combines ambition, performance and a spirit of innovation – values that are deeply rooted in the DNA of Mercedes‑AMG. His passion for powerful, emotionally engaging cars makes him the perfect ambassador as AMG enters a new dimension of performance. Brad will represent the upcoming Mercedes‑AMG GT 4‑Door Coupe – a machine that is engineered to excite and which will celebrate its world premiere in 2026.To mark this partnership, Mercedes‑AMG staged a spectacular high-energy stunt in Las Vegas, starring Brad Pitt, George Russell and a camouflaged prototype of the upcoming vehicle. The scene: Brad waits for his car at a valet stand – only to discover that the valet driver is none other than five-time F1 race winner George Russell. Behind the wheel of a Mercedes‑AMG GT 4‑Door Coupe prototype, George puts the car through its paces, offering a first look at the breathtaking precision, agility, and thrill that will define the new Mercedes‑AMG GT 4‑Door Coupe. Read More
The Canadian pipeline market now has access to a series of advanced asset integrity and maintenance solutions, following a partnership agreement between PipeSense and Monitor Emissions Inc. U.S.-founded PipeSense, which develops and delivers critical pipeline solutions with speed and accuracy, has signed an exclusive agreement with Monitor Emissions, the Canadian industrial inspection specialist, for the provision of leak detection, pig-tracking, and hydrotesting technologies. Covering all provinces and territories across Canada, the agreement will enhance support for oil and gas pipeline operations nationwide, with a focused commitment to reducing fugitive emissions and minimizing pipeline leaks.
Indigenous-owned and a partner of pipeline and facilities construction and maintenance company Sundown Oilfield Services, Monitor Emissions has a reputable presence throughout the western Canadian marketplace. With the addition of PipeSense’s proprietary technologies to its offering, it is now in an even stronger position to enhance pipeline and facility maintenance standards and practices across the region.
For PipeSense, the agreement presents an opportunity to establish its ‘common-sense’ approach to rewriting the rules for pipeline integrity in a wider marketplace outside the U.S. The partnership will reinforce PipeSense’s commitment to protecting operations, surrounding communities, and the environment by supplying its PipeGuard, PipeTrack, PipeScan, and PipeTest systems – all of which have been developed in-house by PipeSense’s experienced engineering team.
Through ultra-high-frequency pressure sampling, advanced machine learning, and artificial intelligence-enhanced dashboards, each technology has been proven to help operators reduce downtime, increase safety, and eliminate uncertainty surrounding leak location and severity. Read More
The Swedish government’s offer of Saab’s A26 submarines to Poland has been selected by the Polish government to replace the current Kilo-class submarine. At this point, Saab has not signed any contract nor received any order.
The Swedish offer comprises advanced A26 submarines from Saab, equipped with the latest innovations and technologies. The proposal includes cooperation with the Polish industry and knowledge transfer, securing a strategic partnership between Poland and Sweden.
“We are honored to have been selected and look forward to the coming negotiations with the Armaments Agency in Poland. The Swedish offer, featuring submarines tailored for the Baltic Sea, is the right choice for the polish people. It will significantly enhance the operational capability of the Polish Navy and benefit the Polish economy,” said Micael Johansson, President and CEO of Saab. Saab and the Swedish Defence Materiel Administration (FMV) will now follow the next steps in the procurement process together with Polish authorities. Read More
In a meeting in the corporate assembly of Equinor ASA on 26 November 2025 Jarle Roth was elected as new member of the board of directors of Equinor ASA. Jarle Roth is elected as new member of the board of directors of Equinor ASA with effect from 1 December 2025 and is effective until the next ordinary election of members to the board of directors in June 2026. Read More
On 17 November 2025, Eni acquired on the Euronext Milan no. 604,654 shares (equal to 0.02% of the share capital), at a weighted average price per share equal to 16.5384 euro, for a total consideration of 9,999,987.34 euro within the treasury shares program approved by the Shareholders’ Meeting on 14 May 2025, previously subject to disclosure in accordance with applicable legislation.
From the start on 20 May 2025 of the buyback program, Eni acquired no. 81,621,823 shares (equal to 2.59% of the share capital) for a total consideration of 1,190,047,828.22 euro.
Considering the treasury shares already held and the purchases made and the free of charge shares granted to Eni’s executives, following the conclusion of the Vesting Period as provided by the “Long-Term Incentive Plan 2020-2022” approved by Eni’s Shareholders’ Meeting of 13 May 2020, Eni holds n. 171,739,182 shares equal to 5.46% of the share capital. Read More
Hyundai Motor Group has signed a third memorandum of understanding (MOU) with Michelin to accelerate tire technology innovations that will lead the future mobility market. This agreement continues the partnership established through MOUs signed in 2017 and 2022.
Under the new three-year partnership, the two companies will collaborate on:
Joint R&D of extreme-low rolling resistance tires to improve fuel efficiency and high-performance tires to enhance handling safety
- Enhancing tire performance for premium EVs, which demand cutting-edge tire technology for high performance, safety, and extended range
- Establishing a virtual tire development system for off-road applications
- Advancing SmartGrip technology to enhance braking performance and efficiency
The collaboration aims to address the evolving demands of electric and autonomous vehicles, including high load capacity, driving performance, and environmental sustainability. Read More
PT Hyundai Motors Indonesia (HMID) proudly announces that the Hyundai STARGAZER has earned a Bronze award in the Automotive – Content category at the prestigious The Drum Awards 2025 in the United Kingdom. This recognition highlights Hyundai’s strong commitment to creating products and communications designed specifically for Indonesia’s unique driving conditions, further solidifying STARGAZER’s position as a breakthrough MPV that combines advanced Korean technology with features tailored to the needs of Indonesian families. The “Dibuat untuk Jalanan Indonesia” or “Made for Indonesian Road” campaign received international appreciation for its authentic portrayal of Indonesia’s road realities, while clearly demonstrating Hyundai’s key product features in a relatable and easy-to-understand manner. The creative approach highlights how the technologies in STARGAZER Cartenz and STARGAZER Cartenz X operate in everyday scenarios – such as blind spots, narrow roads, and dense urban traffic commonly faced by Indonesian drivers.
The recognition from The Drum Awards 2025 further strengthens the position of STARGAZER Cartenz and STARGAZER Cartenz X as vehicles developed with a clear understanding of local mobility needs. This achievement reflects Hyundai’s commitment to delivering meaningful innovations aligned with both global and national market developments. Read More
WeRide launched its fully driverless commercial robotaxi service in Abu Dhabi, the United Arab Emirates, on Wednesday. The emirate has become the first city in the Middle East to roll out such a futuristic transport option.Without an on-board safety supervisor, the service uses WeRide’s van-type Robotaxi GXR, which features Level 4 autonomy. Hailable via the Uber app, the robotaxi will serve routes on Yas Island, a man-made destination home to numerous tourism projects, WeRide said. The launch was backed by Abu Dhabi’s Integrated Transport Centre, which issued the world’s first city-level permit for fully driverless robotaxi operations. Read More
JP Morgan forecast that the surplus in oil production would climb to 2.8 million barrels per day (bpd) next year, up from 1.5 million bpd so far this year. Oil prices are on course to fall to their lowest level in two decades outside the pandemic, analysts at JP Morgan have predicted. Read More
| Oil and Gas Blends | Units | Oil Price | Change |
| Crude Oil (WTI) Oilprice | USD/bbl | $57.95 | Down |
| Crude Oil (Brent) | USD/bbl | $62.36 | Down |
| Bonny Light 26/11/25 CBN | USD/bbl | $65.35 | Down |
| Dubai | USD/bbl | $64.33 | Down |
| Natural Gas | USD/MMBtu | $4.58 | Up |
| Murban | USD/bbl | $64.53 | Down |
| OPEC basket 25/11/25 OPEC | USD/bbl | $63.43 | Up |
| At press time November 26, 2025 . |
The concept of few-offs, cars built in a very limited number, is part of Lamborghini’s DNA. The Reventón in 2007 was the first unveiling to mark this new era of modern few-offs, with ensuing models each attaining a legendary status due to their rarity and glimpses into ground-breaking new design elements and technologies. Albert Spiess has been a customer of these cars since his first Reventón, and his Lamborghini collection is considered one of the most important in the world.
Since 2007 Automobili Lamborghini has built six few-off series, often produced in both a closed and open version. The first was the Reventón in 2007, followed by the Sesto Elemento in 2010, the Veneno in 2013, the Centenario in 2017, the Sián in 2019 and, in 2021 the Countach LPI 800-4. Every one of these models has taken unique technical or styling features that distinguish it as not only innately special but at the same time a marker of Lamborghini development that could evolve into production.
Albert Spiess talks for the first time about his passion for Lamborghini and what sparked his love for the Italian super sports car brand: an extension of his consuming pursuit of automotive perfection and part of his very being.. Read More
Ganfeng Lithium has signed an agreement with EDF to optimise and operate its Kintore Project energy storage power station, marking Ganfeng’s first large-scale energy storage venture in the UK. The project is expected to deliver 50MW/160MWh of capacity and aims to begin commercial operations by 2026. Under the agreement, Ganfeng Lithium will manage construction and equipment supply with local partner GV renewable, while EDF will oversee trading, asset optimisation and operational management once the project is commissioned.
Using its Powershift platform and extensive market expertise, EDF will provide real-time grid services to help stabilise the network and support the UK’s renewable energy system. Read More
More Energy, Oil & Gas Stories !!! �The squeaky wheel gets the oil�
OilandGasPress Energy Newsbites and Analysis Roundup | Compiled by: OGP Staff, Victor Cole , victor@oilandgaspress
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