London, June 20, 2025 (Oilandgaspress) –-U.S. Rig Count is down 1 from last week to 554 with oil rigs down 1 to 438, gas rigs down 2 to 111 and miscellaneous rigs up 2 to 5.
Canada Rig Count is up 1 from last week to 139, with oil rigs up 2 to 93, gas rigs down 1 to 46 and miscellaneous rigs unchanged at 0..
| Region | Period | Rig Count | Change |
| U.S.A | 20 June 2025 | 554 | -1 |
| Canada | 20 June 2025 | 139 | +1 |
| International | May 2025 | 886 | -5 |
Stellantis strengthens its leadership in hybrid car sales and commercial vehicles. Stellantis has progressively gained market share in the hybrid vehicle segment within the EU30 market, eventually reaching the top: now May marks a further, decisive leap forward. Luca Napolitano, Commercial Operations Officer for Stellantis, emphasizes: “The recorded progression, almost 5 percentage points, is not coincidental. We are actually reaping the benefits of the strategic decision made in the second half of 2024, when we widened our line-up of hybrid vehicles to meet the demands directly expressed by the market.”
Luca Napolitano continues: “Another decidedly positive signal comes from a new confirmation of the trend observed in previous months: even May in fact stands out for an excellent order intake, significantly higher than a year ago. Additionally, our models continue to gain increasing approval in competitive markets: I am particularly referring to the new Citroën C3 and Opel Corsa, not to mention, in the Premium segment, the new outstanding performance of Alfa Romeo in Italy. And soon, we will see the impact of the FIAT Grande Panda…”
Stellantis Extends Stop-Drive Action in Europe for Citroën C3 and DS3 Vehicles Manufactured Between 2009 and 2019 Stellantis announced an immediate stop-drive action across Europe[1] for Citroën C3 (second generation) and DS3 (first generation) vehicles manufactured between 2009 and 2019 equipped with Takata airbags. Owners of such vehicles will be notified to immediately stop driving their vehicle and contact the dealer network for the necessary repair, which is free of charge.
Vehicles included in this stop-drive action were already part of an ongoing comprehensive recall campaign that started over one year ago, first in Southern Europe and then expanded northward. Recall decisions, especially stop-drive actions, are based on multiple factors, including airbag specifications, vehicle age and usage, climate conditions, and notifications from regulatory authorities.
Following a recent incident in France, Stellantis has immediately expanded its efforts to deploy a stop-drive order for all impacted vehicles. This decision underscores the Company’s unwavering commitment to customer safety.
Customers affected by this stop-drive action will receive additional notifications shortly. Customers can also check if their cars are concerned by this action using the VIN check tool on the Citroën website, contacting their local dealer or calling the customer care hotline.
It is of paramount importance that owners of vehicles who have changed addresses or contacts keep their information updated with the local applicable databases to be reached in a timely and efficient manner.
Xpeng Motors lands at the Hong Kong Auto Show with its technology ecosystem matrix The 2025 International Automotive and Supply Chain Expo (Hong Kong) (hereinafter referred to as “Hong Kong Auto Expo”) opened grandly at the Hong Kong Asia Expo Center. Xiaopeng Motors brought a number of blockbuster products to the show, including the popular models Xiaopeng X9, G6, P7+, MONA M03, and the “super AI car” G7 that just made its debut in mainland China on June 11. Also on display were its IRON robot, land aircraft carrier and other cutting-edge technology products.
The 2025 Hong Kong Auto Show is jointly organized by the China Association of Automobile Manufacturers, the Hong Kong Chinese Enterprises Association, the Chinese Manufacturers’ Association of Hong Kong, the China Association for Peaceful Development of Hong Kong, Macao and Taiwan, and Phoenix TV. It is a top automobile industry exhibition with great international influence. This year’s Auto Show, with the theme of “New Cars, New Journey”, brings together political and business representatives, cutting-edge scientific research institutions and global leading automobile manufacturers from all parties, and successfully builds a top platform to promote international cooperation in China’s automobile industry chain. As a pioneer in intelligent technology, Xiaopeng Motors participated in the exhibition with the theme of “AI Changes the World”, and demonstrated China’s global strength in intelligent manufacturing through a full-scenario technology ecosystem display.
Xpeng Motors shared the progress of autonomous driving base model research and development at the top AI conference CVPR From June 11th to 14th, Beijing time , the top computer vision conference CVPR 2025 was held in Nashville, Tennessee, USA. Xpeng Motors was invited to participate in the CVPR WAD (Workshop on Autonomous Driving) seminar, and discussed the latest AI technologies in the industry with autonomous driving peers from industry and academia such as Waymo, NVIDIA, University of California, Los Angeles (UCLA), and University of Tuebingen. Since the AI big model wave, the field of autonomous driving has undergone a technical paradigm shift, from the past model of human handwritten rules to the AI model trained based on massive data. The relevant technical progress has also become a hot topic at CVPR in recent years. At this year’s CVPR WAD, Dr. Liu Xianming, head of XPeng’s World Foundation Model, delivered a speech entitled “Scaling up Autonomous Driving via Large Foudation Models”, systematically introducing the process and methods of XPeng’s self-developed industry’s first ultra-large-scale autonomous driving foundation model, and disclosing its cutting-edge exploration in model pre-training, reinforcement learning, model vehicle deployment, AI and data infrastructure construction, bringing practical experience in the industrial field to peers.
C-Kore Hits a Major Milestone with 1000th Subsea Tool deployment! C-Kore Systems is celebrating an exciting milestone with the deployment of their 1000th subsea testing tool, to Australia! This significant achievement was marked by the mobilization of the C-Kore tools to an Australian offshore energy project for one of their key customers, Fugro. Australia is one of C-Kore’s largest markets, where their tools are helping oil and gas operators save money by simplifying their subsea testing operations.
C-Kore’s subsea testing tools have quickly become a game changer in the offshore oil and gas industry, earning widespread recognition with both operators and contractors for their quick and accurate results. The ease of use of the battery powered autonomous units means specialized offshore personnel are not required to accompany the units, equating to big cost savings on offshore testing campaign.
C-Kore tools have built a proven track record in the global subsea testing market, with successful deployments in over 130 subsea fields across more than 25 countries to support subsea campaigns, from umbilical installation monitoring to fault-finding and decommissioning. C-Kore are incredibly proud to have received the King’s Award for Enterprise in International Trade 2024 and the Global Export Award 2025 from the Global Underwater Hub (GUH). These prestigious awards are a true reflection of C-Kore’s global presence, and the trust operators place in C-Kore’s innovative technology.
KBR Announcement on HomeSafe Alliance Global Household Goods Contract HomeSafe Alliance, a KBR (NYSE: KBR) Joint Venture, informed us on June 18, 2025, that U.S. Transportation Command (TRANSCOM) has terminated HomeSafe’s role in the Global Household Goods Contract, a contract designed to improve the moving system for military service members and their families.
We have been and will continue to work with HomeSafe to complete its obligations to TRANSCOM and the military service members and families that it serves.
This development is not expected to have a material effect on the outlook for KBR’s adjusted EBITDA for 2025 as the program was not assumed to contribute to profits in this initial year of move activity.
For additional information please read the HomeSafe Alliance press release linked below:
HomeSafe Alliance Announces TRANSCOM’s Notice to Terminate Global Household Goods Contract
Johan Castberg producing at full capacity three months after coming on stream Johan Castberg is producing at peak capacity of 220,000 barrels of oil per day. This increases energy deliveries from the Barents Sea by 150%.
The early operation phase has gone according to plan, the field reaching plateau production on 17 June. Seventeen of a total of 30 wells have been completed. The wells that have come on stream are producing as expected.
“Johan Castberg represents a gamechanger for the importance of the Barents Sea for Norway’s future as an energy nation. Every three to four days, tank loads now depart from Johan Castberg, each of them worth around half a billion Norwegian kroner. The field will remain on stream for at least 30 years, delivering stable energy to Europe, generating high value for Norway, and ripple effects and jobs in Northern Norway,” says Kjetil Hove, Equinor’s executive vice president for Exploration & Production Norway. The new production vessel (FPSO) came on stream on 31 March, opening a new area for production in the Barents Sea. The first cargo was loaded by the tanker Bodil Knutsen on 25 May, shipping around 700,000 barrels to Spain. Almost all oil from the NCS is currently delivered to Europe.
Crude oil prices continue to fluctuate as the conflict between Israel and Iran continues, raising concerns about oil supply disruptions from the Middle East.
| Oil and Gas Blends | Units | Oil Price | Change |
| Crude Oil (WTI) | USD/bbl | $75.00 | Down |
| Crude Oil (Brent) | USD/bbl | $76.36 | Down |
| Bonny Light 20/06/25 CBN | USD/bbl | $81 | Up |
| Dubai | USD/bbl | $74.85 | Up |
| Natural Gas | USD/MMBtu | $3.81 | Down |
| Murban | USD/bbl | $76.81 | Down |
| OPEC basket 19/06/25 | USD/bbl | $74.44 | Up |
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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