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
13 2018-08

Caspian Sea breakthrough treaty set to boost oil, pipeline plans

MOSCOW (Bloomberg) --Five Caspian Sea states reached a breakthrough agreement on sovereign rights to the sea, paving the way for new oil and gas extraction -- and pipelines -- after more tha.........

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08 2018-08

U.S. cuts oil output outlook as Permian constraints threaten

NEW YORK (Bloomberg) -- The pace of U.S. crude production growth might be slowing or at least thats what the government is seeing for now. The Energy Information Administration forecasts dom.........

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07 2018-08

U.S. considers oil sanction waivers as new Iran penalties start

WASHINGTON D.C. (Bloomberg) -- The Trump administration will consider partial exemptions from oil sanctions against Iran for some countries as a first wave of non-oil penalties against the I.........

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06 2018-08

Sinopec is said to delay U.S. oil purchases amid tariff concerns

NEW YORK (Bloomberg) -- Chinas largest refiner, Sinopec, will hold off on buying U.S. crude as an escalating trade war between Beijing and Washington threatens to make American imports more .........

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03 2018-08

Saudi Arabia cuts oil pricing as it boosts supply to meet demand

DUBAI (Bloomberg) -- Saudi Arabian Oil Company reduced monthly pricing to most markets as the worlds biggest oil exporter boosts supply to meet customer demand. Saudi Aramco, as the state-ow.........

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31 2018-07

Oil edges higher as U.S. auto proposal counters bearish rig data

TOKYO (Bloomberg) -- Oil edged higher near $69/bbl on prospects a U.S. overhaul of car efficiency rules will increase fuel consumption, countering concerns over potential gains in American s.........

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30 2018-07

Oil heads for a fourth weekly drop as trade war fears linger

LONDON (Bloomberg) -- Oil was poised for a fourth weekly decline as the unexpected halt in Saudi shipments through a Red Sea waterway failed to add a significant risk premium to prices, whil.........

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27 2018-07

Saudis suspend oil shipments via Bab el-Mandeb after attack

LONDON (Bloomberg) -- Saudi Arabia took the extraordinary measure of temporarily halting oil shipments via the Bab el-Mandeb Strait, a key shipping lane for crude at the southern tip of the .........

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25 2018-07

Oil advances as U.S. surplus near 3-year low takes center stage

NEW YORK (Bloomberg) -- Crude rose on expectations that U.S. oil inventories already close to a 3-year low continue to shrink. Futures rose as much as 1.5% in New York on Tuesday. A U.S. gov.........

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24 2018-07

Oil rises as U.S.-Iran tensions counter concern over trade spat

SINGAPORE and LONDON (Bloomberg) -- Oil rose to near $69/bbl as flaring tensions between the U.S. and OPEC member Iran countered growing concerns that trade protectionism will harm economic .........

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23 2018-07

Oil set for weekly drop as Trump issues new trade threats

CALGARY (Bloomberg) -- Oil headed for a third weekly loss amid concern escalating trade rows would undercut energy demand, undermining reassurances from Saudi Arabia that it wont flood globa.........

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20 2018-07

Oil's hired hands are looking beyond shale to an overseas "boomlet"

HOUSTON (Bloomberg) -- The worlds biggest oilfield-service companies may have finally found something to talk about beyond the U.S. shale boom. The oil explorers they serve are forecast to b.........

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19 2018-07

Diversity is in vogue again as oil investors see potential beyond shale

NEW YORK (Bloomberg) -- Suddenly, diversity is in again for the oil business. Explorers with a hand in multiple fronts -- from onshore to deepwater, pumping crude to refining it -- are tradi.........

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18 2018-07

Longshot oil riches draw wildcatters to the Utah desert

WASHINGTON D.C. (Bloomberg) -- On hot days in Utahs Uinta basin, rocks weep oil. Rivulets of black tar hint at the untapped riches within. Taken in hand, the stone crumbles, as warm and waxy.........

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16 2018-07

Iran touts Russia's plan to invest in its oil with sanctions looming

MOSCOW (Bloomberg) -- Iran said Russia is ready to invest as much as $50 billion in its oil industry even as Western majors are pulling out of deals with the republic amid the threat of U.S..........

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