Cooper Energy to begin gas production at Sole offshore field
Australian operator Cooper Energy has announced that it is closer to start producing gas from the Sole gas project offshore Victoria, with the start of the Orbost gas plant commissioning.
Oil prices fall due to fears coronavirus Covid-19 will reduce demand
Oil prices have decreased by more than 1% due to losses in financial markets on worries over the economic impact of the coronavirus Covid-19 outbreak in China and its impact on fuel demand.
PowerNap Deepwater Oil Field, US Gulf of Mexico
PowerNap is a deep-water offshore oil field being developed in the south-central Mississippi Canyon area in the US Gulf of Mexico, at a water depth of 1,280m (4,200ft).
Oil prices remain firm on hopes of tight crude supplies
Oil prices have remained steady as the coronavirus covid-19-related demand worries were offset by expectations that production cuts from major companies will tighten supply of crude oil.
Oil prices fall after OPEC and IEA demand forecasts reports
Oil prices have dropped after the Organization of Petroleum Exporting Countries (OPEC) and the International Energy Agency (IEA) predicted a decline in demand in their annual fuel outlook reports for 2020.
Equinor improves Fram field output with new gas module
Equinor announced it has commissioned a new gas module for the Troll C platform in the UK North Sea, which will improve production from the Fram field.ld.
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