Market Reports
CNOOC Limited Announces Key Operational Statistics for Q1 2020
The Company achieved a total net production of 131.5 million barrels of oil equivalent for the first quarter of 2020,...
Read more
Renewables: Total Continues to Expand its Footprint in Southeast Asia in Distributed Solar
Total, through its affiliate Total Solar Distributed Generation, has added six new solar projects with a total capacity of around...
Read more
ExxonMobil earns $3.2 billion in third quarter 2019
Earnings included a favorable tax-related identified item of about $300 million, or $0.07 per share assuming dilution. Capital and exploration...
Read more
BP to sell Alaska business to Hilcorp
BP announced that it has agreed to sell its entire business in Alaska to Hilcorp Alaska, based in Anchorage, Alaska....
Read more
ExxonMobil Earns $3.1 Billion in Second Quarter 2019
Exxon Mobil Corporation announced estimated second quarter 2019 earnings of $3.1 billion, or $0.73 per share assuming dilution, compared with...
Read more
Equinor capitalizes shares in Lundin Petroleum for increased direct ownership in Johan Sverdrup and a cash consideration
“Since 2016 we have more than doubled the value of our investment in Lundin. This transaction gives us the opportunity...
Read more
ExxonMobil completes Singapore expansion to enhance Group II base stocks supply
ExxonMobil said that it has completed an expansion at its Singapore refinery to upgrade its production of EHC Group II...
Read more
Shell agrees to sale of Martinez Refinery
Equilon Enterprises LLC d/b/a Shell Oil Products US (Shell), a subsidiary of Royal Dutch Shell plc announced it has reached...
Read more
Ithaca Energy unit to acquire Chevron’s Central North Sea assets
Ithaca Energy Limited is pleased to announce that it is to acquire Chevron North Sea Limited for $2 billion. The...
Read more
Saudi Aramco to acquire Shell’s share of the SASREF refining joint venture
The Saudi Arabian Oil Company (Saudi Aramco) is to acquire Shell Saudi Arabia Refining Limited’s (Shell) 50% share of the...
Read more
Latest Post
About Us
Oil and Gas Advancement is an information centric knowledge sharing platform focused on the latest news in the B2B oil and gas sector bringing to our audiences B2B updates on upstream, downstream, pipeline and transport categories providing information on the latest projects and developments.