London, August 28, 2025, (Oilandgaspress) –––Philippines approves Aramco Asia acquisition of a 25% stake in Unioil The country’s competition regulator has approved the proposed acquisition by Aramco Asia Singapore Pte. Ltd. of a 25% stake in Unioil Petroleum Philippines, Inc. and Unioil Energy Pte. Ltd., according to an official statement released by the agency.
The Philippine Competition Commission (PCC) concluded that the transaction is unlikely to substantially lessen competition in the relevant markets. These considerations align with the PCC’s mandate under the Philippine Competition Act to prevent anti-competitive effects from mergers and acquisitions (M&As), including those involving foreign entities (Philippine Competition Commission, 2024).
Aramco Asia, a Singapore-based affiliate of Saudi Arabian Oil Co. (Saudi Aramco), provides sales, marketing, procurement, and logistics services in the region. Read More
New sales figures released by the European Automobile Manufacturers Association (ACEA) this morning show that Tesla shipments tumbled 40% last month. The company sold 8,837 vehicles across the European Union, the EFTA trade block and the UK in July, down from 14,769 in July 2024. The sales slump, which began at the start of this year, continued despite the recent revamp of Tesla’s signature Model Y, indicating that the backlash against CEO Elon Musk’s political views could still be hurting the company.
Tesla also faces rising competition, particularly from Chinese manufacturers. BYD, the Shenzhen-headquartered carmaker, more than tripled its sales year-on-year in July, up from 4,151 a year earlier to 13,503 last month, a rise of 225%. Read More
European Automobile Manufacturers Association (ACEA) reports that Up until July 2025, battery-electric cars accounted for 15.6% of the EU market share, an increase from the low baseline of 12.5% in July 2024 YTD. Hybrid-electric car registrations continue to surge, capturing 34.7% of the market, remaining the preferred choice among EU consumers. Meanwhile, the combined market share of petrol and diesel cars fell to 37.7%, down from 47.9% over the same period in 2024.
Electric cars
In the first seven months of 2025,1,011,903 new battery-electric cars were registered, capturing 15.6% of the EU market share. Three of the four largest markets in the EU, accounting for over 60% of battery-electric car registrations saw gains: Germany (+38.4%), Belgium (+17.6%), and the Netherlands (+6.5%). This contrasted with France, which saw a decline of 4.3%, despite a positive 14.8% YOY gain in July 2025.
July 2025 YTD’sfigures also showed new EU hybrid-electric car registrations rising to 2,255,080 units, driven by growth in the four biggest markets: France (+30.5%), Spain (+30.2%), Germany (+10.7%), and Italy (+9.4%). Hybrid-electric models account for 34.7% of the total EU market.
Registrations of plug-in-hybrid electric cars in the same period reached 561,190 units. This was driven by increases in volume for key markets such as Spain (+94.5%) and Germany (+59.2%), but also Italy (+60.3%). As a result, plug-in-hybrid electric cars now represent 8.6% of EU car registrations, up from 6.9%.
The YOY variation in July 2025 showed a rise of 39.1% for battery-electric and 14.3% for hybrid-electric cars, while plug-in-hybrid electric recorded its fifth consecutive month of continuous strong growth with a 56.9% increase.
Petrol and diesel cars
By the end of July 2025, petrol car registrations declined by 20.1%, with all major markets experiencing decreases. France experienced the steepest drop, with registrations plummeting by 33.6%, followed by Germany (-25.9%), Italy (-17.8%), and Spain (-12.6%). With 1,834,375 new cars registered so far, the market share for petrol dropped to 28.3% from 35.1%. Similarly, the diesel car market declined by 26.4%, resulting in a 9.5% share for July 2025 YTD. Additionally, the July 2025 YOY variation showed a 12% decline for petrol and 15.2% for diesel. Read More
In a letter addressed to the President of the European Commission, Ursula Von der Leyen, European automotive manufacturers (ACEA) and suppliers (CLEPA), outlined their expectations for the upcoming Strategic Dialogue on the future of the European automotive industry.
Since the adoption of the current CO2 reduction framework for road transport, the industrial, economic, and geopolitical realities have changed drastically. To achieve the EU’s climate ambitions, while also safeguarding Europe’s competitiveness, social cohesion and supply chain resilience, the strategy for the automotive sector must evolve accordingly. The Dialogue on 12 September is a timely chance to recalibrate EU policy for the automotive value chain in line with today’s shifting market, geopolitical, and economic realities. Read More
EU vehicle production declined in 2024, with car output falling to 11.5 million units and commercial vehicle production dropping nearly 10%, prompting challenges in maintaining Europe’s manufacturing appeal.
Sale trends show mixed signals: global car registrations rose by 2.7%, and EU market share edged up to 22%, yet the share of battery-electric cars shrank for the first time. Electric van and truck registrations stagnated, while electric buses sustained momentum. Although ACEA members offer around 290 electrically-chargeable models on the EU market today, a lack of essential enabling conditions such as stronger incentives and infrastructure is still stymying demand.
Figures for EU trade with the rest of the world reveal a decline in both value and volume. However, the EU maintained a €94 billion surplus, with the US and the UK still the top destinations. Meanwhile, road safety in the EU continues to improve, with fatalities down 1.3%, while environmental performance improved again, with CO2 emissions and water usage per vehicle both reducing by over 50% since 2005. This 2025-26 edition of ACEA’s Pocket Guide offers a comprehensive overview of the automotive industry, with a new chapter dedicated to infrastructure, reflecting the growing importance of electric vehicle (EV) uptake. Read More
UK car production rose for the second consecutive month in July, up 5.6% to 69,127 units, according to the latest figures published by the Society of Motor Manufacturers and Traders (SMMT). Commercial vehicle (CV) output, however, fell -81.1%, reflecting plant restructuring and a bumper month last year, when the sector recorded the best July in 17 years which, when combined, dragged total vehicle production down -10.8% to 72,006 units.. Car production for domestic and export markets improved, rising 13.6% and 3.7% respectively with overseas markets taking by far the majority (79.4%) of output. The EU remained the main destination for UK car exports (45.6% share), followed by the US (18.1%) China (7.7%), Turkey (7.2%) and Japan (3.4%). While shipments to the EU and China fell by -7.9% and -7.1% respectively, output for Turkey and Japan grew 35.4% and 14.9%. Exports to the US, meanwhile, rose by 6.8% to almost 10,000 units, reversing three straight months of decline. The US remains the largest single national market for British built cars, underscoring the importance of the UK-US trade deal, and July’s performance illustrates the impact of this deal which came into force on 30 June. Australia, Canada, Korea, the UAE and Switzerland rounded off the top 10 export markets, although combined they represented just 6% of all shipments in the month. In the year to date, total vehicle output is down -11.7% with just shy of half a million units (489,238) produced Read More
The sixth generation of Clio is set to make its global debut in Munich. The press conference will take place on Monday 8 September at 5.30 pm
New Clio will then be on show to the general public between Tuesday 9 and Sunday 14 September at the Odeonsplatz in the heart of Munich, as part of the IAA Open Space event. The Emblème demo car, Renault 5 Turbo 3E, Renault 5 and Renault 4 E-Tech electric will also be present on a stand in the city centre. From Tuesday 9 to Sunday 14 September, Renault will be displaying new Clio to the public in the Odeonsplatz in central Munich. Alongside the brand’s best-seller, visitors will also be able to discover Renault 5 and Renault 4 E-Tech electric. Read More
HFW has continued the rapid expansion of its international construction practice and its Asia Pacific business with the appointment of leading construction disputes partner Simon Bellas.
Simon joins HFW from Jones Day, where he led the firm’s Engineering, Procurement, Infrastructure and Construction practice in Australia. He will relocate to Singapore to join HFW.
With around 25 years’ experience in complex construction and engineering disputes, and as an international arbitration authority, Simon advises major international contractors across offshore construction, oil & gas, renewable energy projects, mining, power, and transport infrastructure.
Simon has established a close connection with Singapore over his career. Most recently, he spent four years in the country before moving to Melbourne in 2021 to establish Jones Day’s construction practice in that jurisdiction. Earlier in his career, Simon spent a year on secondment at a global offshore construction contractor in Singapore and he has previously been based in Perth as the Partner in Charge of Jones Day’s office (2013-2018).
HFW has now added eight construction partners globally since the beginning of FY24 Read More
.Saab has revealed Nimbrix, its first ever dedicated Counter-Unmanned Aerial System (C-UAS) missile. The missile is developed to counter the increasing threat from small drones on the battlefield.
The fire-and-forget missile is being rapidly developed at Saab with the aim to deliver a system featuring a target seeker, a hard-kill warhead, and a small footprint – all at a low cost. The range will be up to 5 km with an active seeker to track its target. Its warhead can effectively engage and defeat UAS swarms using an air-burst mode.
The missile operates as a ground-based system and can be operated independently or as part of a larger air defence system. With flexible mounting options to fit different customer requirements, Nimbrix can be mounted on various vehicles or in fixed configurations. The cost-effective nature of the missile contributes to maximising deployed numbers to generate sufficient air defence coverage.
Customer discussions are ongoing and Saab aims for first deliveries in 2026. Nimbrix will be showcased during DSEI in London, UK from 9-12 September 2025, at the Saab stand, N9-105 Read More .
DNO ASA announced that the Company’s shares will be traded ex-dividend effective 28 August 2025. A dividend payment of NOK 0.375 per share will be made on or about 8 September 2025 to all shareholders of record as of 29 August 2025. Read More
Toyota Motor Corporation announces its sales, production, and export results for July 2025, including those for subsidiaries Daihatsu Motor Co., Ltd. and Hino Motors, Ltd.. Read More
Nissan Motor Co., Ltd. today announced production, sales, and export figures for July 2025.
Production
| July 2025 (vehicles) |
Year-on-year change (%) |
April – July 2025 (vehicles) |
Year-on-year change (%) |
April – July 2024 (vehicles) |
||||
| Passenger vehicles | 46,116 | -0.3 | 166,414 | -10.5 | 185,876 | |||
| Commercial vehicles | 5,301 | -11.3 | 18,930 | -10.2 | 21,074 | |||
| Production in Japan | 51,417 | -1.6 | 185,344 | -10.4 | 206,950 | |||
| US | 28,778 | -30.0 | 139,415 | -17.6 | 169,283 | |||
| Mexico | 47,452 | +11.7 | 217,790 | -0.9 | 219,738 | |||
| UK | 23,541 | -4.4 | 83,523 | -19.1 | 103,188 | |||
| China | 48,469 | +14.6 | 199,308 | -5.9 | 211,837 | |||
| Others | 27,906 | -19.5 | 108,545 | -3.2 | 112,147 | |||
| Production outside Japan | 176,146 | -4.9 | 748,581 | -8.3 | 816,193 | |||
| Global production | 227,563 | -4.2 | 933,925 | -8.7 | 1,023,143 | |||
Note: 1) “Others” represents the combined total of production in markets including Taiwan, Thailand, South Africa, Brazil, India, Egypt, and Argentina (excluding complete knocked-down production).
Global production in July declined 4.2% from a year earlier.
Production in Japan declined 1.6% from a year earlier.
Production outside Japan declined 4.9% from a year earlier.
2. Sales
| July 2025 (vehicles) |
Year-on-year change (%) |
April – July 2025 (vehicles) |
Year-on-year change (%) |
April – July 2024 (vehicles) |
||||
| Passenger vehicles | 17,525 | -22.5 | 59,622 | -20.0 | 74,567 | |||
| Commercial vehicles | 3,291 | +6.6 | 13,660 | +25.7 | 10,868 | |||
| Japan (registration) | 20,816 | -19.0 | 73,282 | -14.2 | 85,435 | |||
| Japan (minivehicles) | 13,812 | -18.7 | 48,465 | -12.3 | 55,257 | |||
| Japan (incl. minivehicles) | 34,628 | -18.9 | 121,747 | -13.5 | 140,692 | |||
| US | 74,201 | -0.3 | 295,642 | -5.0 | 311,165 | |||
| Canada | 9,850 | +21.2 | 39,781 | +18.4 | 33,606 | |||
| Mexico | 23,762 | +13.7 | 86,878 | +7.0 | 81,204 | |||
| North America | 107,929 | +4.2 | 422,800 | -0.8 | 426,331 | |||
| Europe | 22,849 | -9.1 | 97,480 | -6.1 | 103,768 | |||
| China | 57,359 | +21.8 | 215,495 | -1.6 | 219,108 | |||
| Others | 39,980 | -6.8 | 149,236 | -8.4 | 162,869 | |||
| Sales outside Japan | 228,117 | +4.3 | 885,011 | -3.0 | 912,076 | |||
| Global sales | 262,745 | +0.5 | 1,006,758 | -4.4 | 1,052,768 | |||
Note:
1) Japan sales are categorized as passenger vehicles and commercial vehicles based on chassis.
Global sales in July surpassed year-earlier results by 0.5%. Read More
Top model with the V8 drive train of the Mercedes-Benz 600
As early as March 1968, the top model 300 SEL 6.3 with the powerful V8 drive train of the representative vehicle Mercedes-Benz 600 (W 100) secures an advantage in terms of prestige which cannot be matched. It is the predecessor of later power saloons: with 6.3-litre displacement, it achieves driving performance on a level with contemporary sports cars. A total of 6,526 customers opt for this particularly powerful version, showing that luxury, performance and sportiness align perfectly at Mercedes-Benz.
From 1965 to 1972, the 108/109 model series are part of the sales range, and statistics indicate over 382,000 vehicles sold – an impressive number for this generation of the Mercedes-Benz luxury class, and an outstanding success for the market segment at that time. This is also the reason why so many of these vehicles are still available today. After a considerable increase in price about ten years ago, the high price levels for vehicles belonging to the 108/109 model series have risen slightly even further. For example, a 280 SE 3.5 in good condition (Grade 2) has now surpassed the EUR 30,000 mark, while the 300 SEL 6.3, as the top model, plays in a league all its own, not only technically but also regarding value: top vehicles (Grade 1) are already going for over EUR 90,000. . Read More
Xpeng Motors held a launch event for the all-new Xpeng P7 at its Guangzhou Intelligent Manufacturing Center. Positioned as a future AI luxury coupe, the new model features four models: the 702 Long-Range Ultra, the 820 Ultra-Long-Range Ultra, the 750 All-Wheel Drive High-Performance Ultra, and the 750 All-Wheel Drive Pengyi Ultra. Official suggested retail prices are 219,800 RMB, 239,800 RMB, 259,800 RMB, and 301,800 RMB, respectively. Xpeng Motors is also offering multiple launch benefits and a wealth of purchase incentives. Orders placed before midnight on October 8, 2025, will receive configurations and limited-time bonus points worth up to 23,000 RMB, as well as a return purchase bonus of up to 20,000 RMB for existing customers. It is worth mentioning that for the first-generation owners of Xiaopeng P7 and P7i, Xiaopeng has also launched exclusive repurchase benefits. In addition to the lifetime warranty on the power battery and 50,000 points worth 5,000 yuan, they can also get a 10,000 yuan discount on the replacement of this product and a 6-year 1,500-kWh electric card worth 10,000 yuan, for a total repurchase benefit value of up to 28,999 yuan. Read More
| Oil and Gas Blends | Units | Oil Price | Change |
| Crude Oil (WTI) | USD/bbl | $63.60 | Up |
| Crude Oil (Brent) | USD/bbl | $67.51 | Up |
| Bonny Light 19/08/25 CBN | USD/bbl | $69.32 | — |
| Dubai | USD/bbl | $69.46 | — |
| Natural Gas | USD/MMBtu | $2.89 | Up |
| Murban | USD/bbl | $72.58 | Up |
| OPEC basket 27/08/25 | USD/bbl | $69.73 | Down |
Volkswagen Group is gearing up its vehicle production for an AI-powered future. Volkswagen and Amazon Web Services, Inc. (AWS) are extending their collaboration on the Digital Production Platform (DPP) – Volkswagen’s “factory cloud” designed to support automotive manufacturing – for another five years. Volkswagen uses the DPP to deploy AI and cutting-edge IT systems across its global production sites. This makes production more flexible and faster, reduces IT costs, and helps bring new models to market more quickly. Volkswagen Group advances production digitalization
The Digital Production Platform (DPP) – Volkswagen’s “factory cloud” – enables widespread use of artificial intelligence (AI) and cutting-edge IT systems across all sites
43 factories worldwide already connected
Next step: Preparing for software-defined vehicles
Collaboration with AWS extended for another five years Read More
GasBuddy, North America’s trusted fuel savings platform for more than 25 years, today released its annual Labor Day gas price forecast, predicting that average gas prices on the last summer holiday weekend of 2025 will be $3.15 per gallon, 14 cents lower than in 2024, and the lowest price at the pump since Labor Day since 2020.
While it will be the most affordable Labor Day weekend to fill up for most in the last five years, gas prices in nearly half of all states have risen in the last month due to localized refinery outages. However, motorists can expect more relief to arrive in the weeks ahead as much of the nation will see the transition back to cheaper winter gasoline in mid-September. Gasoline demand will also soon begin to fall with the conclusion of the summer as motorists take fewer road trips and as temperatures start to cool off. GasBuddy recommends drivers looking to save money on travel costs over Labor Day weekend shop around for the best gas prices along their route, using a tool like the GasBuddy app. Drivers can also become a Pay with GasBuddy+ member for a guaranteed 3-5c per gallon off on every fill up. Read More
The US average price of gasoline has increased, rising 3.4 cents compared to a week ago and stands at $3.12 per gallon, according to GasBuddy® data compiled from more than 12 million individual price reports covering over 150,000 gas stations across the country. The national average is down 2.1 cents from a month ago and is 18.3 cents per gallon lower than a year ago. The national average price of diesel has decreased 2.0 cents in the last week and stands at $3.651 per gallon. Oil prices have seen some upward momentum after comments from Jerome Powell last week, hinting that a weakening jobs market could finally pave the way for interest rate cuts, which would offer support for global oil demand. In addition, the prospects of a peace deal between Russia and Ukraine seemed to diminish, which could push President Trump to sanction Russian oil more severely, leading to reduced oil flow. Read More
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OilandGasPress Energy Newsbites and Analysis Roundup | Compiled by: OGP Staff, Segun Cole , victor@oilandgaspress
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