Press Releases
Baker Hughes launches AI software to optimise oil and gas production
Oilfield services company Baker Hughes and artificial intelligence (AI) software provider C3.ai have launched an AI-based application that allows well...
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Lukoil updates range of high-performance winter-proof Lubricants
LUKOIL has improved its range of cold-weather hydraulic oils designed for Arctic conditions. The new product, LUKOIL GEYSER XLT 32,...
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Xebec Announces Its First Canadian Renewable Natural Gas Infrastructure Project
Xebec Adsorption Inc. , a global provider of clean energy solutions announced that Xebec and Bähler Biogas Inc. have signed...
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BP agrees terms to sell North Sea interests in Andrew area and Shearwater to Premier Oil
BP has agreed terms to sell its interests in the Andrew area in the central UK North Sea and its...
Read moreCNOOC Limited Announces its 2020 Business Strategy and Development Plan
CNOOC Limited announced its business strategy and development plan for the year 2020. The Company’s targeted net production for 2020...
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ExxonMobil secures exploration acreage offshore Egypt
“These awards strengthen our exploration portfolio in the Eastern Mediterranean,” said Mike Cousins, senior vice president of exploration and new...
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BP invests in Chinese AI energy management tech specialist R&B
BP Ventures has invested in energy management specialist R&B, BP’s first venture into artificial intelligence (AI) technology in China. R&B’s...
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LUKOIL’s Integrated Production Model Recognized as The Best Oil and Gas IT Project
LUKOIL was announced winner of the ComNews 2019 award for Best oil and gas IT project for its integrated production...
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Total Acquires Interests into Two New Offshore Licenses in View of Developing a New Production Hub
Total has signed a sale and purchase agreement with state-owned Sonangol of Angola to acquire interests in Blocks 20/11 and...
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Pemex reports discovery of giant oil field in Quesqui
The President of Mexico, Andrés Manuel López Obrador, accompanied by the General Director of Petroleos Mexicanos (Pemex), Octavio Romero Oropeza,...
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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.