News
Italy’s largest pipeline firm continues push into hydrogen tech
Italy’s Snam SpA agreed to buy 33% of electrochemical tech firm Industrie De Nora SpA as part of its expansion...
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Korean bunkers tighten with cargo, barge constraints
Domestic refiners Hyundai Oilbank and S-Oil, which have a refining capacity of 650,000 b/d and 669,000 b/d respectively, are especially...
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Russia, Turkmenistan Join Forces to Improve Maritime Transport in the Caspian Sea
Russia and Turkmenistan have agreed to strengthen regional transportation and logistics capabilities via the body of water that separates their...
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Venezuela resumes direct oil shipments to China despite U.S. sanctions
Venezuela has resumed direct shipments of oil to China after U.S. sanctions sent the trade underground for more than a...
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Mammoet launches SK6,000 crane to enhance FPSO modularization strategies
Constructing FPSO and FLNG modules onshore has allowed EPCs and owners to expedite project schedules and increase cost-effectiveness. By constructing...
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Downstream oil regulator PNGRB simplifies gas pipeline tariff
Oil regulator PNGRB has simplified the country's gas pipeline tariff structure to make the fuel more affordable for distant users...
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APA Group to invest $337m in gas pipeline construction in Australia
Australian company APA Group has announced an investment of A$460m ($337.4m) towards the construction of a new gas pipeline in...
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FutureOn advances next generation of digital twin solutions for oil and gas
FutureOn has secured an investment from the Bentley Acceleration Fund and established a strategic partnership with US-based Bentley Systems to...
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Oil production costs reach new lows boosting deepwater prospects
A Rystad Energy analysis of oil production costs has revealed that the average breakeven price for all unsanctioned projects has...
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BP starts gas production from Qattameya field
BP has started gas production from its latest development ‎offshore Egypt – the Qattameya gas field in the North Damietta...
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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.