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
08 2019-03

China oil use seen peaking in 2025 as EVs and rail take over

SINGAPORE (Bloomberg) -- The country thats driven global oil demand since the turn of the century may hit the brakes sooner than expected as travelers shift toward electric cars or even forg.........

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07 2019-03

Oil retreats as surprise jump in U.S. stockpiles hints at glut

NEW YORK (Bloomberg) -- Oil retreated for the second day in a row after U.S. crude stockpiles ballooned, casting a shadow over OPECs efforts to avert a global glut. Futures in New York close.........

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06 2019-03

Libya's biggest oil field restarts, adding hurdle to OPEC cuts

CAIRO and DUBAI (Bloomberg) -- Libyas biggest oil field resumed production, adding another complication to OPECs effort to trim a global supply glut. Sharara resumed production and is expect.........

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05 2019-03

D&L Oil Tools introduces downhole tension tool for well control

TULSA --DL Oil Tools introduces the patented ProTension Safe Tension Tool (STT), which was designed as a safety tool to eliminate the potential for loss of well control when pulling a tubing.........

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04 2019-03

S&P lowers Mexico sovereign outlook to negative on AMLO oil plan

MEXICO CITY (Bloomberg) -- SP Global Ratings lowered its outlook for Mexicos sovereign debt to negative from stable, saying the nations shift to limit private sector involvement in energy co.........

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28 2019-02

Resilient oil sands power Alberta budget through pipeline morass

CALGARY (Bloomberg) --A relentless increase in production from Albertas oil sands and higher crude prices in the first half of the year are powering the provinces budget through a pipeline s.........

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27 2019-02

Oil companies find a way to cash in by not pumping oil in Canada

CALGARY (Bloomberg) --Alberta oil producers have found a way around production limits imposed on them by the provincial government: buy the right to pump barrels from other companies that do.........

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26 2019-02

Marathon oil signs agreement for divestiture of UK business

HOUSTON -- Marathon Oil Corporation has announced the company has entered into a share purchase agreement through its subsidiaries for the sale of its UK businesses Marathon Oil U.K. LLC (MO.........

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25 2019-02

Vitol expect oil to rally as OPEC, Venezuela cause shortage

LONDON (Bloomberg) -- The worlds largest energy trader says oil prices are set to rally further as OPEC output cuts and American sanctions on Iran and Venezuela cause a shortage of the low-q.........

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22 2019-02

Empty supertankers reveal truths about today's oil market

LONDON (Bloomberg) -- They are slowly plowing their way across thousands of miles of ocean toward Americas Gulf of Mexico coastline. As they do, twelve empty supertankers are also revealing .........

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21 2019-02

U.S. shale boom keeps rolling even as wildcatters save cash

HOUSTON (Bloomberg) -- Americas surging shale oil production shows little sign of abating, despite industrywide spending cuts, as explorers learn to do more with less. Almost all the indepen.........

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20 2019-02

California's dirty oil gets pricey amid Venezuela sanctions

CALGARY and NEW YORK (Bloomberg) --California doesnt usually come to mind when talking about the U.S. oil boom, but the states dirty oil is commanding an increasingly large premium amid an i.........

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19 2019-02

Venezuelan oil finds home in India as U.S. shuns shipments

HOUSTON (Bloomberg) -- India is feasting on Venezuelan oil, after the U.S. imposed a de facto ban on crude imports from the Latin American nation. While flows to the U.S. came to a halt, Ind.........

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18 2019-02

EU starts natural gas price war Trump and Putin will love

LONDON (Bloomberg) -- The stage has been set for a European natural gas price war that will help boost demand and enable both Russia and the U.S. to increase sales to the region. The battle .........

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15 2019-02

Oil crash is over, but debt is still piling up in the Gulf

NEW YORK (Bloomberg) -- The oil crash came and went but the debt pile it left across the Gulf is still growing, leaving the regions energy-dependent economies more vulnerable next time a cri.........

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