The Annual Equipment of Pipeline and Oil &Gas Storage and Transportation Event
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The 15thBeijing International Natural Gas Technology & Equipment Exhibition

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BEIJING, China

March 26-28,2025

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Industry News
The following is the news list page
05 2019-05

Equinor profit beats estimates as oil output tops prediction

OSLO (Bloomberg) -- Norways Equinor beat profit and cash-flow estimates after pumping more oil and gas than predicted. First-quarter results at the state-controlled producer cap a mixed seri.........

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26 2019-04

Nigeria plans to double crude oil production, triple refining in bid for self-reliance

ABUJA (Bloomberg) -- Nigeria plans to almost double oil production and triple its refining capacity by 2025, reviving previous pledges for the countrys oil independence. The OPEC member is l.........

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23 2019-04

OPEC+ oil cuts jeoperdized by Iran waiver termination

CAIRO (Bloomberg) -- As the U.S. ends waivers that let countries buy Iranian crude, this threatens to squeeze oil supplies in an already tight market. The decision may also jeopardize the de.........

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19 2019-04

Four Designed Zones of cippe2019 Shanghai for Your Business

The 11th Shanghai International Petrochemical Technology and Equipment Exhibition (cippe2019 Shanghai), the leading petrochemical event in Asia, will take place at Shanghai New International.........

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18 2019-04

South Sudan reignites dormant blocks to boost oil production

JOHANNESBURG (Bloomberg) -- South Sudan plans to increase oil production by using blocks that were shut-in due to civil war, according to the nations oil minister. The country aims to reach .........

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17 2019-04

Wildcatter Floyd Wilson launches Falconer Oil and Gas Corp.

HOUSTON (Bloomberg) -- Legendary wildcatter Floyd Wilson is back with his ninth or tenth oil company, after his departure from Halcon Resources Corp. Falconer Oil and Gas Corp., a Houston-ba.........

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16 2019-04

Oil retreats after longest run of weekly gains in three years

LONDON (Bloomberg) -- Oil retreated in New York after its longest run of weekly gains in three years, as traders and investors awaited more clarity on the strength of the global economy and .........

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12 2019-04

Permian's flaring rises by 85% as oil boom continues

HOUSTON (Bloomberg) -- The Permian Basin has produced so much natural gas that by the end of 2018 producers were burning off more than enough of the fuel to meet residential demand across Te.........

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11 2019-04

Milestone receives oilfield waste landfill permit in Permian Basin

HOUSTON and MIDLAND -- Milestone Environmental Services (Milestone), an oilfield waste disposal services company, has announced that the Railroad Commission of Texas (RRC) has approved the c.........

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10 2019-04

Goldman draws inferences from 1990s to predict oil’s future

SINGAPORE (Bloomberg) -- The future of the oil market may resemble the past―specifically the 1990s― according to Goldman Sachs Group. Thats when prices remained steadily in backwardation, a .........

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08 2019-04

Jordan to negotiate $1 billion debt-reduction loan, oil from Iraq to help boost economy

AMMAN (Bloomberg) -- Jordan and the World bank are in $1-billion loan discussions to cut the cost of the Middle East countrys debt repayments and revive an economy strained by more than a mi.........

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04 2019-04

Colorado oil industry gets overhaul by regulators

DENVER (Bloomberg) -- Colorados legislature passed a sweeping overhaul of the states oil and natural gas laws, giving local governments more power to regulate drilling in one of the nations .........

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03 2019-04

Canadian Wildcatters see boost from oil cuts

CALGARY (Bloomberg) -- Local wildcatters that pump light crude far from the giant oil-sands mines of northern Alberta are getting a big price boost from the curtailments announced at the sta.........

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02 2019-04

Lukoil appoints Sergey Kochkurov as V.P. , names additional leaders

MOSCOW -- Lukoil has made changes in its leadership team. Sergey Kochkurov is appointed V.P. of PJSC Lukoil for technical services. He previously held the position of V.P. of PJSC Lukoil and.........

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01 2019-04

Texas oil production fell in January as pipeline bottlenecks prompted cut backs

WASHINGTON (Bloomberg) -- The decline pushed overall U.S. production lower by 90,000 bopd, marking the first national drop since May, according to revised data from the Energy Information Ad.........

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