London, September 19, 2025, (Oilandgaspress) –––WTI for October delivery fell 0.7% to settle at $63.57 in New York.
Brent for November settlement edged down 0.8% to settle at $67.44 a barrel.
European Union unveiled fresh sanctions on Moscow according to media reports. Two more Russian oil refineries were reportedly attacked on Thursday as Ukraine stepped up strikes, and further closures threaten to tighten global oil balances
Oil and gas are here to stay—at least for the foreseeable future, says Chevron Chairman and CEO Mike Wirth.
Speaking to The New York Times in a wide-ranging interview, Wirth detailed how Chevron is tackling today’s energy challenges while building the systems of tomorrow. He also discussed Chevron’s investments in new technologies, such as hydrogen, and how Chevron’s culture helps the company succeed. He even shared an important lesson his father taught him—and how that lesson affects his work at Chevron today. Read More
Nissan Motor Co., Ltd. and Nissan Motorsports & Customizing Co., Ltd. (NMC) today announced the cancellation of this year’s NISMO Festival.
Nissan and NMC have decided to cancel the event in its current format. The decision follows a reevaluation of the festival’s content and operations. Nissan and NMC will take this opportunity to reassess the future direction of the NISMO Festival, with the aim of relaunching it as an even more engaging experience for fans. NISMO Festival, traditionally organized and operated by NMC employees, serves as a celebration of Nissan’s motorsports activities along with fans.. Read More
Hexagon has now incorporated the enhanced version of its powerful Porosity & Inclusion analysis (PIA) tool that won an iF Award earlier this year.
Many automotive, aerospace and other manufacturers who use CT-scan-data analysis for quality assurance are already frequent users of this tool. Now enhanced with AI, the PIA quickly pinpoints and identifies discrepancies—such as pores and inclusions deep within metal, plastic or composite parts, components or material samples—from early product development stages through final manufacturing.
Key features in the Porosity & Inclusion Analysis:
· Intuitive design: All important settings are immediately visible and summarized at a glance, while advanced options are clearly accessible on separate tabs.
· Efficient workflow: Fewer clicks, more overview, maximum control. For the first time, all porosity/inclusion analysis procedures have been brought together in a single solution. This allows for direct access to the core functions and eliminates the need to switch between different dialogs, saving valuable time.
· Easier navigation: The new preview in the analysis dialog combines all key information and makes navigation easier thanks to the interactive minimap that shows the user’s current position in the analysis window.
Other features in Hexagon’s 2025.3 VG software release:
· Multipart coordinate measurement. This feature simplifies the handling of complex projects by allowing users to view, analyze, and edit measurement plans for multiple parts in one central location. The enhancement includes essential statistics for features directly in the feature list; interactive plotting of different values across all parts for individual features; and functions for directly editing, removing, and transferring features and geometry elements across all parts.
· Create and modify dimensions directly in the 3D view (Image 3). With the “Dimensioning” dialog open, create and adjust dimensioning features by dragging and dropping the measurement lines directly in the 3D view, allowing for easy placement in the correct direction and optimal visibility. Additionally, by holding down the “Alt” key, you can create projected dimensions on a preview plane. This enhancement ensures that all lines remain both visible and adjustable, even when located inside the material.
· Improved deformation field capabilities for optical scans. This significant enhancement is specifically designed for complex morphing of incomplete optical scans. Optical scans can often be challenging in deformation field computation, including issues such as missing parts because of scanner limitations and the need for precise matching, particularly in one-sided scanning scenarios. This improvement allows for more accurate and comprehensive handling of complex optically scanned parts, ensuring precise alignment and analysis even under challenging conditions.
· Enhanced mesh import/export now supports GLB/GLTF, AMF, and 3MF file formats . This makes it easier to exchange 3D surface data with other applications. This allows users, for example, to directly import and use mesh data created for additive manufacturing and stored in AMF or 3MF formats as nominal reference data without the need to convert it to an intermediate format—or export colored meshes created from analysis results or extracted from volume objects in GLB format, which can be easily exchanged with other applications such as PowerPoint. . Read More
Hyundai Motor Company unveiled its most ambitious growth strategy today at the company’s first CEO Investor Day held outside of Korea.
The event served as a platform to communicate the company’s mid-to long-term strategy to investors and stakeholders, emphasizing its commitment to revolutionary product expansion, manufacturing excellence and technological innovation.
Speaking in New York, CEO José Muñoz outlined Hyundai Motor’s transformation into a global mobility leader through strategic product expansion, breakthrough electrification technologies and software-defined capabilities that will redefine the automotive experience.
“In an industry facing unprecedented transformation, Hyundai is uniquely positioned to win through our unmatched combination of compelling products, manufacturing flexibility, technology leadership, outstanding dealer partners and global scale,” said José Muñoz, President and CEO of Hyundai Motor Company. “We are delivering comprehensive electrified portfolios across all segments, localizing production in key markets, and leveraging breakthrough technologies from Software-Defined Vehicles to next-generation batteries. Our ability to adapt quickly, combined with the power of Hyundai Motor Group’s 50+ affiliates and our unwavering commitment to customers, will enable us to continue unlocking tremendous value for our stakeholders. It’s a great time to be with Hyundai.” Hyundai Motor reaffirms its commitment to achieving 5.55 million global vehicle sales by 2030. Building on this momentum, electrified vehicles are expected to account for 60 percent of total sales, reaching 3.3 million units, with significant growth anticipated in North America, Europe and Korea.: Read More
Hyundai Motor Group asserted its hydrogen leadership at the 1st Ministerial Meeting on Sustainable Fuels and the 7th Hydrogen Energy Ministerial Meeting on September 15 in Osaka, Japan, through lead intervention on the clean energy transition.
The ministerial meetings, co-hosted by the governments of Japan and Brazil and with the participation of over 25 countries and the International Energy Agency (IEA), Asian Development Bank (ADB), International Renewable Energy Agency (IRENA), were held with the aim of accelerating global collaboration.
Hyundai Motor Group EVP Ken Ramírez, Head of Energy & Hydrogen Business Division, delivered lead intervention at the meetings, representing the Hydrogen Council and emphasizing the pivotal role of hydrogen and the importance of private-public collaboration for the global energy transition. Hyundai Motor Group Vice Chair Jaehoon Chang serves as Co-Chair of the Hydrogen Council, a global coalition of 140 companies from 20 countries and various sectors, committed to advancing the hydrogen society.. Read More
Daimler Truck has returned to the Swiss Alps for summer testing with four advanced prototypes of the next generation of its Mercedes-Benz GenH2 Truck. The region of Valais, with its demanding mountain passes ranging from 600 to 2,478 meters in elevation – some only accessible in summer – offered ideal test conditions. The combination of high summer temperatures of more than 35 degrees Celsius and the thin mountain air on these particularly demanding route profiles pushes vehicles to their limits in terms of cooling performance and thermal management. The objective was to validate reliable operation under these extreme conditions and to gain valuable insights for the ongoing development and future deployment of these vehicles in everyday operations.
Specifically, the development team tested driving behaviour and dynamics, the performance of the electric drivetrain, thermal management and the interaction between the fuel cell, battery and tank system under real load peaks. Moreover, further development of the digital assistance system Predictive Powertrain Control (PPC) for fuel cell trucks was another focus area. Geobased route data helps the system recognize upcoming inclines several kilometers ahead. This enables the vehicles to tackle gradients proactively and optimize power delivery accordingly. The fuel cell then increases its performance in time, charges the high-voltage battery as needed and ensures that sufficient power is available for ascents at the best possible efficiency – even on the demanding mountain passes of the Alps. The fuel cell trucks were refueled with liquid hydrogen using a mobile hydrogen refuelling station from Air Products (sLH2 standard), which was set up at the test base in Vailais during the trials… Read More
MSCI (Morgan Stanley Capital International), announced the latest ESG (Environmental, Social, and Governance) ratings for Xpeng Motors Xpeng Motors has retained the highest global MSCI ESG rating of “AAA” for three consecutive years, continuing to lead the global automotive industry. This rating is a high recognition of Xpeng Motors’ ESG governance and sustainable development efforts. This achievement marks Xpeng Motors’ international recognition of ESG governance and sustainable development, surpassing other traditional brands. This not only reflects the company’s leading position in sustainable practices, but also demonstrates the increasingly important role of Chinese auto brands in driving the green transformation of the global automotive industry.. Xpeng Motors deeply integrates sustainable development concepts into the entire product lifecycle, including product R&D, supply chain management, manufacturing, customer service, and resource recycling. It views each product as a comprehensive vehicle for ESG practices and is committed to driving sustainable development through every product delivery. Read More
On September 15th, the Cybersecurity Entrepreneurs Symposium for the 2025 National Cybersecurity Publicity Week was held at the Dianchi International Convention and Exhibition Center in Kunming. The symposium was chaired by Yang Jianwen, Deputy Director of the Cyberspace Administration of China (CAC) and Deputy Director of the National Cyberspace Administration of China (NCAC). Officials from relevant departments and bureaus of the CAC and over 50 representatives from 36 companies attended. Among them, leaders from 16 companies, including China Unicom, China Electronics Technology Group Corporation (CETC), Ahnheng, Pinduoduo, Baidu, Huawei, Xpeng Motors, and iFlytek, offered suggestions for the high-quality development of the cybersecurity industry. Read More
Bentley’s new and exclusive ‘Ombré by Mulliner’ paint finish, that blends two separate colours over the length of a car, has been applied to a four-door sedan for the first time. The extraordinary new finish combines two complementary paint colours that transition along the sides and roof of the car, and is painted entirely by hand by the skilled Paint Shop artisans at Bentley’s Dream Factory in Crewe, England.
The new Flying Spur’s paint transitions from vibrant Topaz Blue at the front, to the darker Windsor Blue rear, with the fade occurring through the mid-section of the car across the doors, sills and roof. The process takes nearly 60 hours for two highly skilled paint technicians to complete, and starts with the spraying of the individual colours at the front and rear of the body. The transition happens across the centre of the car and is applied in stages, using paint that has been tinted using traditional mixing methods to achieve the Ombré effect – with extreme car taken that the transition is symmetrical across the car.
The Ombré technique is available in two additional colourways – Sunburst Gold to Orange Flame, and Tungsten to Onyx. . Read More
Lamborghini Esperienza Avventura Zion welcomed owners and their guests for an exclusive three-day event earlier this September to explore Zion National Park. The program covered over 200 miles of striking desert beauty driving the Urus SE[1], giving the chance to appreciate the versatility of the first PHEV (Plug-In Hybrid Electric Vehicle) version of the luxury Super SUV that sets a new benchmark in its segment.
Deep and spectacular canyons in this protected portion of the Virgin River Valley provided a dynamic route for a convoy of Urus SE, the most versatile and fun-to-drive Super SUV ever. The Urus created the Super SUV segment and now the Urus SE keeps pushing boundaries to remain the reference in the segment. Featuring a new design, optimized aerodynamics, unprecedented on-board technology and an 800 CV hybrid powertrain, the PHEV version improves on Urus S in terms of comfort, performance, efficiency, emissions and driving pleasure. Thanks to its “two hearts”, thermal and electric, the torque and power values are the highest ever, giving the SE a unique place in its category. Read More .
Tata Motors announced the launch of the Ace Gold+-the most affordable diesel variant in its iconic Ace range. Priced at just ₹5.52 lakh* (ex-showroom), the Ace Gold+ is engineered to deliver exceptional performance while ensuring the lowest Total Cost of Ownership (TCO) in its category, making it the ideal choice for today’s value conscious entrepreneurs.
Equipped with advanced Lean NOx Trap (LNT) technology, the Ace Gold+ eliminates the need for Diesel Exhaust Fluid (DEF), significantly reducing maintenance and operating costs. This innovation not only ensures compliance with stringent emission norms but also enhances profitability by lowering recurring expenses-helping customers earn more with every trip..Powered by the turbocharged Dicor engine delivering 22PS of power and 55Nm of torque, the Ace Gold+ is built for reliability across diverse business applications. With a payload capacity of 900kg and multiple load deck configurations, it offers versatility and efficiency for a wide range of cargo needs.
Tata Motors’ small commercial vehicle and pickup portfolio-including the Ace Pro, Ace, Intra, and Yodha-caters to payloads from 750kg to 2-tonne and is available in a variety of powertrains: diesel, petrol, CNG, bi-fuel, and electric. Complementing this expansive range of robustly engineered vehicles is Sampoorna Seva 2.0, a comprehensive lifecycle support programme offering AMC packages, genuine spare parts, and 24×7 roadside assistance. Read More
Mercedes-Benz recognised early on that aerodynamics are key to efficiency. Accordingly, the list of models with top aerodynamic performance is long: It initially ranges from the W 125 of 1937[1] to the 540 K “Streamliner” of 1938 and the C1112 from the 1970s to the W124 of 1984, which with a Cd of 0.29 was the first production car to fall below 0.30. More recently, the CLA of 2013 with a Cd of 0.22, the EQS with 0.20, and the current CLA with EQ Technology with a class-leading 0.21 should be mentioned. Another aero champion is the VISION EQXX from 2022. With a Cd value of 0.17, this technology platform offers the wind even less air resistance than an American football. While the focus of the VISION EQXX was on efficiency itself, the AMG GT XX was primarily about ensuring that efficiency at speeds of over 300 km/h. Thanks not least to its Cd value of 0.19 and intelligent aerodynamics, the AMG secured 25 long-distance world records on the Nardò test track in August 2025. Read More
IEA published a report entitled, The Implications of Oil and Gas Field Decline Rates, that states, “If current levels of production are to be maintained, over 45 million barrels per day of oil and around 2 000 billion cubic metres of natural gas would be needed in 2050 from new conventional fields.”
The IEA’s report also refers to factors that have discouraged oil industry investment, stating, “Market developments also influence oil and gas activities. For example, related to the shale revolution in the United States, the oil price crashes of 2014-2015 and 2020 as well as uncertainty about long-term oil demand have discouraged investment in the exploration and development of new large, long lead-time conventional hydrocarbon projects.”
However, the IEA has not referenced how its own advocacy of its Net Zero Emissions Scenario or its own prognosis of peak oil demand have discouraged investments and contributed to uncertainty about long-term oil demand.
In May 2021, Fatih Birol, Executive Director of the IEA, told The Guardian, “If governments are serious about the climate crisis, there can be no new investments in oil, gas and coal, from now – from this year.”
At today’s launch of its new report, the Executive Director stated, “An absence of upstream investment would remove the equivalent of Brazil and Norway’s combined production each year from the global market balance. The situation means that the industry has to run much faster just to stand still.” In contrast to the IEA’s U-turning on this important issue, OPEC has consistently advocated for timely investments in the oil industry to account for decline rates and meet growing demand. It is vital that all stakeholders are consistent in recognizing this and do not return to rhetoric that there should be no investment in new oil projects.. Read More
| Oil and Gas Blends | Units | Oil Price | Change |
| Crude Oil (WTI) | USD/bbl | $63.05 | Down |
| Crude Oil (Brent) | USD/bbl | $66.97 | Down |
| Bonny Light 09/09/25 CBN | USD/bbl | $68.56 | — |
| Dubai | USD/bbl | $70.23 | Down |
| Natural Gas | USD/MMBtu | $2.88 | Down |
| Murban | USD/bbl | $69.68 | Down |
| OPEC basket 17/09/25 | USD/bbl | $70.73 | Down |
| At press time September 19, 2025 |
Mercedes-Benz AG and the energy park developer UKA (Umweltgerechte Kraftanlagen GmbH & Co. KG) have received permission to start installation of a wind farm at the Mercedes-Benz test track in Papenburg, northern Germany. By 2027, 20 wind turbines with a capacity of 140 megawatts (MW) will be built on the site as part of a Power Purchase Agreement (PPA). Around 20 percent of the annual electricity requirements of Mercedes-Benz Group AG in Germany can be covered by this after commissioning. Mercedes-Benz and UKA are cooperating with further partners for the construction of the wind farm. The 20 wind turbines with a total nominal output of 140 MW come from the German manufacturer Nordex. The concrete foundations and concrete parts for the hybrid towers with a hub height of 164 metres come from Max Bögl Wind AG.
The approximately 800-hectare Papenburg test track has been an integral part of the company’s research and development activities since 1998. With the project, Mercedes-Benz is expanding its green electricity portfolio in the medium term and at the same time actively supporting the expansion of onshore wind energy in Germany. The planning for the implementation of the wind farm project by UKA and the ecologically sustainable use of the area is being carried out in close coordination with the responsible local authorities and local stakeholders. Read More
Mercedes-Benz is expanding its range of exclusive brand dealerships and has opened another AMG Brand Center in Germany on September 18, 2025 – after Essen, this is the second location in the country. The newly built center on Friedrich-Ebert-Damm in Hamburg-Wandsbek offers a comprehensive brand and product experience on two floors and more than 1,400 square meters of space. Visitors can explore the full world of Mercedes-AMG here – from current models and limited editions to exclusive services. The AMG Brand Center Hamburg stands for service quality characterized by passion, competence, and precision. A special element is the glazed dialogue reception area with an integrated lifting platform on the ground floor. It offers customers the opportunity to inspect their vehicle together with an AMG service advisor and discuss technical details. The offer is complemented by a shop with high-quality AMG accessories, a cooperation with the Swiss watch manufacturer IWC Schaffhausen, and an integrated café bar as a stylish meeting point. On September 18, 2025, the opening of the AMG Brand Center Hamburg was celebrated with a festive grand opening, attended by around 250 invited guests from the public, business, and cultural sectors. Presenter Rebecca Mir, with her presence and experience, guided the audience through the evening. Read More
Customer satisfaction with after-sales service in China has climbed for a second straight year as automakers race to improve dealer experiences and sharpen their competitive edge, according to a new J.D. Power study.
The 2025 China Customer Service Index rose 16 points to 789 on a 1,000-point scale, the company said Friday.
Premium-brand scores edged up two points to 798, while mass-market vehicles jumped 19 points to 786 and Chinese domestic brands surged 23 points to 788, narrowing gaps between market segments.
Land Rover ranked highest among premium marques with a score of 809, followed by Mercedes-Benz at 808 and Cadillac at 804.
In the mass-market category, Chery and GAC Honda tied for the top spot at 808, with Geely close behind at 801. Chery also led the Chinese-brand subcategory. Read More
Audi is accelerating its electrification strategy in China with the launch of the E5 Sportback in Guangzhou, Guangdong province, on Tuesday.
It is the first mass production model from Audi’s China-only sub-brand, AUDI, which drops its famous four rings in favor of a lettered badge.The E5 Sportback’s intelligent features were led by teams in China and tailored to local users.
One example is the Audi Assistant. It is powered by Volcano Engine’s Doubao large language model and iFlytek voice recognition, enabling multi-turn dialogue, vehicle control and voice-cloning. For intelligent driving, Audi said it is the first premium marque to form an in-depth collaboration with Chinese technology company Momenta. Read More
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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