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
27 2018-11

Oil bulls flee as Saudis stir echo of worst rout in decades

NEW WORK (Bloomberg) -- Hedge funds havent been this pessimistic about global oil prices since Brent crude was spiraling into its worst rout in a generation almost three years ago. Net-long .........

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20 2018-11

Oil regains ground as capacity warnings counter Russia questions

NEW YORK CITY (Bloomberg) -- Oil prices regained ground after an earlier slide, as traders weighed countervailing signals about how much OPEC and its allies can afford to trim production. Fu.........

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16 2018-11

Citi says oil's record plunge is a U.S. phenomenon

SINGAPORE (Bloomberg) -- American fingerprints are all over oils record losing streak thats plunged prices into a bear market. The State Departments zigzag on Iran sanctions, President Donal.........

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14 2018-11

Shale oil's good, but it's not here to stay

LONDON (Bloomberg) -- U.S. shale may be the darling of the oil industry right now, but the boom isnt going to last, according to the International Energy Agency. The richest areas will have .........

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25 2018-10

Trump approves plan for oil production facility on manmade Arctic island

WASHINGTON (Bloomberg) -- The Trump administration has authorized Hilcorp Energy Co.s plan to build an artificial gravel island in the Beaufort Sea north of Alaska and use it to extract crud.........

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19 2018-10

Oil trades near one-month low after U.S. crude stockpiles surge

LONDON (Bloomberg) -- Oil traded near the lowest level in a month after a bigger-than-expected gain in American stockpiles overshadowed tensions between the U.S. and Saudi Arabia over a miss.........

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18 2018-10

Oil falls after U.S. stockpiles swell for fourth straight week

NEW YORK (Bloomberg) -- Oil posted the biggest decline in two months after U.S. government data showed expanding crude stockpiles. Futures fell 3% in New York on Wednesday. Domestic crude in.........

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17 2018-10

Oil drops as swelling U.S. crude inventories signal ample supply

NEW YORK (Bloomberg) -- Oil declined on concerns that U.S. crude stockpiles are expanding at a rate not seen since early 2017 as American drillers lift output to unprecedented levels. Future.........

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16 2018-10

Oil sheds gains after Trump turns down heat in Saudi dispute

NEW YORK (Bloomberg) -- Oil surrendered most of its early gains after tensions appeared to ease between the U.S. and Saudi Arabia amid growing international outrage over the disappearance of.........

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15 2018-10

100 MMbbl: The world hits daily oil, liquids record

SINGAPORE (Bloomberg) -- The world is pumping out more oil and other petroleum liquids than ever before. Global supply rose to 100.3 MMbpd in the third quarter, the International Energy Agen.........

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12 2018-10

Wildcatters still a gamble for investors despite oil's rise

JOHANNESBURG (Bloomberg) -- Higher oil prices may seem like the pot of black gold at the end of the rainbow for wildcat explorers in frontier plays. But even with talk that prices of $100/bb.........

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11 2018-10

Trump still doesn't like the price of oil, even as it falls

NEW YORK (Bloomberg) -- This time it wasnt a tweet. President Donald J. Trump is again saying oil prices are too high, even after West Texas Intermediate crude dropped from a four-year high .........

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10 2018-10

Decline rates from maturing oil wells in the Permian are on the rise

NEW YORK (Bloomberg) -- Oil producers in the Permian basin and elsewhere could soon find themselves facing the oilfield equivalent of trying to walk up the down escalator. The oil industry, .........

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09 2018-10

Oil declines on hopes for U.S. waivers on Iran, Saudi assurance

LONDON (Bloomberg) -- Oil fell to the lowest in a week in London on renewed hopes the U.S. may soften the blow of sanctions on Irans crude exports, and as Saudi Arabia promised to fill any s.........

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26 2018-09

Iranian oil tankers go dark with six weeks to go until sanctions hit

LONDON (Bloomberg) -- Irans oil tankers are starting to disappear from global satellite tracking systems with just under six weeks to go until U.S. sanctions are due to hit the countrys expo.........

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