Upstream
Cooper Energy restarts production at Orbost processing plant
Oil and gas explorer and developer Cooper Energy has resumed commissioning of the Orbost gas plant in Victoria, Australia. The...
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Qatar Petroleum to continue North Field expansion gas projects
Qatar Petroleum’s North Field expansion projects will be continued, said the state-owned company’s president and CEO and minister of state...
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National Fuel to Acquire Shell Integrated Upstream and Midstream Assets in Pennsylvania
National Fuel Gas Company announced that it has entered into a purchase and sale agreement with SWEPI LP, a subsidiary...
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BP and Dongying Weilian Chemical Sign license agreement in China
BP has entered into an agreement to license its latest generation technology for the production of purified terephthalic acid (PTA)...
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OMV receives permit to drill Norwegian Sea appraisal well
Austrian oil and gas company OMV is set to drill an appraisal well in the Norwegian Sea after receiveing an...
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Bahamas Petroleum signs rig contract for exploration well
Explorations and production firm Bahamas Petroleum Company (BPC) has signed an offshore drilling rig contract with Stena Drilling to use...
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BP Australia announces feasibility study into hydrogen energy production facility
BP Australia is announcing a feasibility study into an export-scale renewable hydrogen production facility in Western Australia. The extensive study...
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CNOOC Limited Announces Penglai 19-3 Oilfield Area 4 Oilfield Phase II Project Commences Production
CNOOC Limited announced that Penglai 19-3 oilfield area 4 adjustment/Penglai 19-9 oilfield phase II project has commenced production. The Penglai...
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Covid-19 creates supply and demand crisis for oil and gas
Oil prices have decreased by around 50% since January 2020, with the US market reporting record lows. With countries on...
Read moreBrent crude oil price falls 24%, second largest one-day decline on record
International benchmark Brent crude oil front-month futures prices declined 24% to less than $35 per barrel and was the second...
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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.