WTI Crude(December Contract) 60.07 +2.23%
London, November 14, 2025, (Oilandgaspress) –––The Oil & Gas Decarbonization Charter (OGDC), a global coalition of leading energy companies championed by the CEOs of ADNOC, Aramco, and TotalEnergies and supported by the Oil and Gas Climate Initiative (OGCI), today released its 2025 Status Report: Implementing Action, highlighting accelerated progress and sustained momentum. This year, for the first time ever, the companies shared emissions data based on the OGCI Reporting Framework, laying the foundation for consistent reporting across 55 companies. Total operated Scope 1 and 2 emissions from OGDC signatories were estimated at around 1 billion tonnes of carbon dioxide equivalent (CO2e) in 2024, with an upstream carbon intensity of 24 kilograms of CO2 equivalent per barrel of oil equivalent. Read More
Apollo Go signs Mou with Dubai’s RTA to deploy 1000 AV in Dubai
Apollo Go has maintained a record of 150 million kilometers of safe driving mileage
Baidu’s Apollo Go and Dubai’s Roads and Transport Authority (RTA) signed a Memorandum of Understanding (MOU) to take the lead in carrying out large-scale autonomous taxi service in Dubai. Under the terms of the MoU, Apollo Go and RTA will initiate a trial of 100 autonomous taxis in 2025, starting hosting passengers on fully driverless rides in 2026. The plan is to expand the fleet to over 1,000 vehicles. This ambitious project marks Apollo Go’s inaugural venture into international autonomous vehicle (AV) testing and services beyond Hong Kong, China, and underscores Dubai’s commitment to becoming a global hub for innovation in transportation.
Dubai has become one of the benchmark cities in the field of autonomous driving in the world, and RTA has been actively promoting the commercial application of autonomous driving technologies. Along with RTA vision for smart mobility, the Government of Dubai aims to have at least 25% of all trips in driverless mode by year 2030 to support wider agendas for economic growth, sustainability, happiness and social inclusion. .. Read More
Jaguar Land Rover said on Friday its manufacturing operations had returned to normal after a cyberattack forced a six-week halt at its UK plants, disrupting supply chains and costing the carmaker hundreds of millions of pounds.
The British luxury carmaker, owned by India’s Tata Motors, resumed production in October after a phased restart, following the shutdown of systems in early September to contain the incident. . Read More
The German government’s plan to cut air passenger taxes in a bid to boost the country’s struggling aviation sector was received with dismay by environmentalists and praise from the aviation sector on Friday.
Chancellor Friedrich Merz’s coalition plans to reduce the air passenger tax from July 1, 2026, at a cost of some €350 million ($407 million). The measure was one of a range of policies announced by Merz’s coalition late on Thursday, including a subsidized industrial electricity price, a “Germany Fund” to boost investment and a strategy for the construction of new gas power plants. . Read More
UK Government Funding for heat pump grants is set to be cut by billions of pounds at the Budget.
Ed Miliband, the Net Zero Secretary, is understood to have accepted that he must scale back the boiler upgrade scheme as a result of challenges to the public finances. The Boiler Upgrade Scheme offers home owners up to £7,500 to help cover the cost of installing a heat pump as an incentive to ditch polluting gas boilers. Read More
During the United Nations Climate Change Conference (COP 30) taking place in Belém, Brazil, TotalEnergies, a member of the Oil and Gas Climate Initiative (OGCI) and of the Oil and Gas Decarbonization Charter (OGDC), announces a $100 million commitment to Climate Investment’s Venture Strategy fund, which backs technologies that cut emissions across the oil and gas value chain.
Climate Investment is now a Partner of the Oil & Gas Decarbonization Charter (OGDC) under a MoU signed on July 14, 2025. As such, Climate Investment will provide OGDC signatories with insights that can help them on their decarbonization path, within the scope of the OGDC Charter.
Climate Investment, which has been launched as an initiative of OGCI in 2015, has deployed hundreds of millions of dollars across 46 early and growth stage investments in methane detection and abatement, carbon capture and energy efficiency. The cumulative GHG impact delivered by the portfolio is 133 Mt CO2e since 2019. Read More
Partnership between Saab and Embraer strengthens technological and operational integration between two strategic assets of the Brazilian Air Force (FAB). Saab and Embraer, in cooperation with the Brazilian Air Force (FAB), have successfully completed the certification flight test campaign for in-flight refuelling of the F-39 E Gripen fighter by the KC-390 Millennium multi-mission aircraft.
Conducted at the Gripen Flight Test Centre at Embraer’s facilities in Gavião Peixoto, São Paulo, under the coordination of the Department of Aerospace Science and Technology (DCTA) of the FAB, the campaign brought together engineers and test pilots from Saab, Embraer and the FAB. During the tests, a range of flight configurations, speeds and altitudes were evaluated and confirmed precision during in-flight refuelling. Both aircraft latest-generation fly-by-wire systems contributed to the successful operation with the KC-390 providing a favourable wake and Gripen E being responsive in flight.
The flight test campaign consisted of two objectives. The first involved qualifying Gripen E as a receiver for in-flight refuelling — a key step in validating the fighter’s performance, stability, and structural integrity throughout the operation. The second focused on verifying the compatibility of both aircraft across the KC-390’s entire flight envelope, for high-speed refuelling under both day and night conditions. The in-flight refuelling of Gripen E by the KC-390 further strengthens the interoperability between these two advanced, latest-generation aircraft, extending their operational reach and joint capability. “This achievement reflects the high level of integration between the teams involved. The verification of in-flight refuelling is a very significant technical milestone for our business, as it demonstrates that Gripen E has reached a new level of operational reach. The success of this campaign further reinforces the strategic partnership between Brazil and Sweden and Brazil’s role within the global Gripen programme ecosystem,” said Mikael Olsson, Head of Flight Testing at Saab. “This important milestone confirms the KC-390 unmatched qualities as a tanker and further strengthens our partnership with Saab and the Brazilian Air Force. Additionally, the unique multi-mission capability offered by the KC-390 which allows the airplane to be converted into a tanker in a matter of hours offers unbeatable flexibility to Air Forces worldwide”, said Walter Pinto Júnior, Chief Operations Officer of Embraer Defense & Security. Read More
U.S. Department of Agriculture agency officials have directed budget and finance officers to identify grants that use terms such as “diversity,” “equity,” “inclusion,” “DEI,” “DEIA,” “environmental justice,” “underrepresented producers,” “underserved communities,” “socially disadvantaged producers” and “socially vulnerable,” in order to terminate those awards, according to a February 6 memo seen by Reuters. The memo was sent by USDA’s then-acting general counsel Ralph Linden, now the agency’s deputy general counsel, deputy chief financial officer Lynn Moaney, and budget director John Rapp. A USDA spokesperson said the agency would not comment on pending litigation.
On February 24, Chelsea Cole, federal financial assistance department policy lead at the agency’s Office of the Chief Financial Officer, instructed the officials to expand their review to include 16 topic areas and search terms related to climate change. Read More
Myanmar’s surging solar imports mirror a trend of increased solar adoption to escape erratic power supply in lower- and low-middle income countries such as Pakistan, Iraq, Sri Lanka, and Afghanistan. They are among the fastest-growing markets for panel exports from China, the world’s dominant solar manufacturer, data from energy think-tank Ember showed. Solar adoption, driven by necessity rather than policy, could disrupt traditional utility models, challenge forecasts about fossil fuel demand and complicate grid management, analysts say.
In Pakistan, a surge in affluent residents ditching the country’s costly grid power by installing solar panels has forced utilities to raise prices even further for remaining customers. Diesel imports by Myanmar declined 11% in the first 10 months of 2025, data from analytics firm Kpler showed, while solar panel purchases grew. Read More
Organization of the Petroleum Exporting Countries (OPEC) and the Gas Exporting Countries Forum (GECF) convened the Sixth High-Level Meeting of the OPEC–GECF Energy Dialogue today at the OPEC Secretariat in Vienna. The meeting further strengthened cooperation between the world’s leading oil- and gas-exporting country organizations, noted the record level of oil and gas consumption and the positive prospects, and underscored the pressing need for timely, sustained and long-term investment in hydrocarbons.
Co-chaired by HE Haitham Al Ghais, OPEC Secretary General, and HE Eng. Mohamed Hamel, GECF Secretary General, the meeting reviewed oil and gas market developments, long-term outlooks, energy data collaboration, and joint activities leading up to, and during COP30
HE Al Ghais highlighted the continued growth in global demand for hydrocarbons.
“Global natural gas consumption is on track to rise by 1.6% in 2025, while global oil demand is projected to grow by 1.3 million barrels per day. It is one record after another, year after year.”
HE Al Ghais also noted the long-term prospects for energy demand, with OPEC’s World Oil Outlook projecting that global energy demand will increase by 23% by 2050, with global oil demand reaching 123 mb/d, and the combined share of oil and gas in the global energy mix staying above 50% through to 2050. HE Al Ghais emphasized the importance of oil and gas as affordable and reliable sources of energy in meeting increasing future energy demand.
HE Al Ghais highlighted that innovation is crucial as technology will play a critical role in reducing emissions while meeting the increasing energy demand. HE Al Ghais underscored the importance of adopting a realistic approach to achieve a sustainable energy future.
HE Al Ghais also emphasized the importance of clear, fact-based communication, including to ensure a long-term investment-friendly climate – with sufficient finance available – that works for oil and gas producers and consumers.
HE Eng. Mohamed Hamel underscored that natural gas continues to play a pivotal role in sustainable development, ensuring global energy security and contributing to alleviating energy poverty. Read More
| Oil and Gas Blends | Units | Oil Price | Change |
| Crude Oil (WTI) Oilprice | USD/bbl | $60.06 | Up |
| Crude Oil (Brent) | USD/bbl | $64.26+ | Up |
| Bonny Light 11/11/25 CBN | USD/bbl | $64.78 | — |
| Dubai | USD/bbl | $64.45 | Down |
| Natural Gas | USD/MMBtu | $4.44 | Down |
| Murban | USD/bbl | $66.13 | Up |
| OPEC basket 13/11/25OPEC | USD/bbl | $63.42 | Down |
| At press time November 14, 2025 . |
Solar and wind have grown fast enough to meet all new electricity demand in the first three quarters of 2025, according to a new analysis from energy think tank Ember. Ember forecasts that fossil power will not rise in 2025, marking the first year without fossil generation growth since the Covid-19 pandemic. The analysis shows that solar and wind are not just expanding, they are now growing faster than demand itself.
In the first three quarters of 2025, solar generation rose by 498 TWh (+31%) and already surpassed the total solar output in all of 2024. Wind generation grew by 137 TWh (+7.6%). Together, they added 635 TWh, outpacing the rise in global electricity demand of 603 TWh (+2.7%). Read More
A new analysis from energy think tank Ember finds that the world is on track to add record levels of renewable energy again in 2025, meaning only a modest rise in annual additions is needed to triple global renewables by 2030. However, despite the rapid acceleration on the ground, governments’ 2030 targets remain aligned with only a doubling of renewable capacity, creating uncertainty over whether tripling will be achieved.
New Ember analysis of monthly solar and wind deployment data up to September shows that 2025 is in for another record year – driven primarily by solar and China’s continued deployment. The report shows that 793 GW of renewables capacity is expected to be added during 2025, a rise of 11%, compared to 717 GW in 2024. This builds off rapid growth of 22% in 2023 and 66% in 2022. Solar additions are projected to rise by 9% and wind by 21%, although solar additions are expected to grow more in absolute terms. China is projected to account for 66% of global solar capacity and 69% of global wind capacity additions in 2025.
Because of the fast rises in additions in 2023, 2024 and now 2025, annual additions do not need to continue to grow fast – but that doesn’t mean it will be easy. To achieve the global tripling target, renewable capacity additions needed to rise by 21% every year from 2023 to 2030, and so far they have averaged 29% annually from 2023 to 2025, so additions now only need to rise by 12% per year from 2026 to 2030. The latest IEA renewables main case forecast shows only a 15% capacity shortfall to global tripling by 2030. However, the shortfall in generation is much larger at 28%, because the capacity shortfall comes primarily from wind and hydro, which generate more electricity per unit of capacity than solar. Read More
LUKOIL informs about ongoing negotiations on the sale of its international assets with several potential buyers. The specific deal will be announced after the final agreements have been reached and the necessary regulatory approvals have been obtained.
The Company aims to ensure uninterrupted operations of assets during their sale and transfer to new owners. This will allow avoid the risks of disruptions in the work and supply of energy resources to the countries of presence, and save jobs. In order to solve all arising issues in a timely manner, LUKOIL’s specialists are constantly communicating with the authorities in its areas of operation. .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
OilandGasPress.com is a website that provides news, updates, and information related to the oil and gas industry. It covers a wide range of topics, including exploration, production, refining, transportation, distribution, and automotive market trends within the global energy sector. Visitors to the site can find articles, press releases, reports, and other resources relevant to professionals and enthusiasts interested in the energy, oil and gas industry.
Disclaimer: News articles reported on OilAndGasPress are a reflection of what is published in the media. OilAndGasPress is not in a position to verify the accuracy of daily news articles. The materials provided are for informational and educational purposes only and are not intended to provide tax, legal, or investment advice.
Information posted is accurate at the time of posting, but may be superseded by subsequent press releases
“Stay informed with Oilandgaspress.com—your independent source for global energy, oil, gas, EV, and automotive industry news and analysis.”
Submit your Releases or contact us now!, victor@oilandgaspress
Follow us: on Twitter | Instagram
Your Daily Source for Oil, Gas, Renewables & EV Market Insights :
latest oil and gas updates
energy ,news ,oil market ,gas prices,oil price ,oil trends,crude oil market,automotive electrification,EV industry ,electric vehicle trends,automotive, forecast,
