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 2018-02

Venezuela oil sanctions more likely as Tillerson tours region

KINGSTON, Jamaica (Bloomberg) --U.S. Secretary of State Rex Tillerson signaled the U.S. is closer to imposing sanctions on Venezuelas oil sector, raising the pressure on President Nicolas Ma.........

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07 2018-02

Crude pares losses as smoke clears from equities implosion

NEW YORK (Bloomberg) --Oil pared some of its losses as a historic collapse in stock markets began to peter out. Futures were down 0.4% in New York after earlier falling as much as 1.6%. Blue.........

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06 2018-02

Aramco's Asia light oil pricing steady in sign of slower demand

DUBAI (Bloomberg) --Saudi Arabia kept pricing for its main crude grade to Asia unchanged for a second month as the worlds largest crude exporter responds to slower seasonal demand. State-own.........

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05 2018-02

Oil below $70 as U.S. shale surge looms over bullish banks

LONDON (Bloomberg) --Brent crude traded below $70/bbl as the specter of expanding U.S. supply was weighed against Wall Street banks growing faith in a price rally. The benchmark grade is on .........

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02 2018-02

Iraqi oil-export ambitions seen putting strain on OPEC accord

DUBAI (Bloomberg) --OPEC likes to trumpet its record-breaking compliance with output cuts. Yet one of its largest members has been opening the taps and doesnt plan to scale back any time soo.........

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01 2018-02

U.S. shale growth could support Caribbean oil storage owners

NEW YORK (Bloomberg) --Caribbean oil terminals hurt by dwindling Venezuelan supply and a market that encourages traders to pull oil out of tank may get a shot in the arm fromU.S. shale. Supp.........

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31 2018-01

Trump tax plan a $190-billion boost to U.S. oil, study shows

NEW YORK (Bloomberg) --When President Donald Trump gives his State of the Union address Tuesday night, hell surely tout the sweeping U.S. tax overhaul approved by Congress last month. For th.........

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30 2018-01

Jersey Oil & Gas announces approval of Verbier appraisal

LONDON -- Jersey Oil Gas, an independent upstream oil and gas company focused on the UK Continental Shelf (UKCS) region of the North Sea, is pleased to announce that the co-venturers in resp.........

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29 2018-01

Oil advances as cheap dollar stokes demand for tightening supply

NEW YORK (Bloomberg) --Oil is on course for its third weekly gain this month as the cratering value of the U.S. currency elevated demand for dollar-denominated commodities when spare crude s.........

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26 2018-01

Optimism reigns in oil market as focus turns to stockpile drop

HONG KONG (Bloomberg) --Oilsurged to the highest level in more than three years as investors cheered a record run of declines in American crude stockpiles, showing resolve in the face of sur.........

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25 2018-01

China passes South Korea as No. 2 LNG importer

SINGAPORE and SHANGHAI (Bloomberg) --Chinas General Administration of Customs just confirmed what liquefied natural gas industry insiders have been speculating for weeks: Theres a new No. 2 .........

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22 2018-01

Waters near Florida still being considered for oil drilling

WASHINGTON (Bloomberg) --Despite Interior Secretary Ryan Zinkes Jan. 9 declaration that Florida is off the table for offshore oil drilling, that activity is actually still on the table. The .........

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18 2018-01

Oil extends slide on speculation hedge-fund buying went too far

LONDON (Bloomberg) --Oil continued to slide from a three-year high on speculation that a record long position built up by money managers leaves prices vulnerable to a pullback. U.S. futures .........

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16 2018-01

ExxonMobil encounters hydrocarbons onshore Papua New Guinea

IRVING, Texas -- ExxonMobil today announced that it encountered hydrocarbons after drilling the onshore Pnyang South-2 well, located in the Western Province of Papua New Guinea. We are curre.........

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15 2018-01

Fracers arise from oil-price rout on a course to dominate 2018

HOUSTON (Bloomberg) --Less than two weeks in, 2018 is shaping up to be the year of the fracer. The worlds two biggest oilfield service providers, Schlumberger Ltd. and Baker Hughes, are the .........

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