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
25 2022-03

Dallas Federal Reserve: Oil and gas expansion accelerates as outlooks improve significantl

Activity in the oil and gas sector accelerated during first-quarter 2022, according to oil and gas executives responding to the Dallas Fed Energy Survey, which is punctuated with a number of.........

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23 2022-03

Eni Makes Significant Oil And Gas Discovery In Algerian Desert

Eni and Sonatrach have made a significant oil and associated gas discovery in the Berkine North Basin in the Algerian desert.Italian energy major Eni and Algerian national state-owned oil co.........

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14 2021-12

Fuling shale gas field reserves top 100b cubic meters

Chongqing Fuling shale gas field. [Photo/Xinhua]China Petroleum and Chemical Corp, also known as Sinopec, announced on Monday that newly proven reserves of its Fuling shale gas field now exc.........

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26 2021-11

OPEC says SPR releases may worsen coming global oil surplus

LONDON (Bloomberg) --OPEC expects that oil stockpiles released by consuming nations could massively swell the surplus in global markets.The projections from OPEC’s advisory body -- the Econo.........

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26 2021-11

OPEC says SPR releases may worsen coming global oil surplus

LONDON (Bloomberg) --OPEC expects that oil stockpiles released by consuming nations could massively swell the surplus in global markets.The projections from OPEC’s advisory body -- the Econo.........

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28 2021-10

Equinor increases gas exports, sacrificing some oil output

OSLO (Bloomberg) --Equinor ASA is boosting natural gas exports to ease Europes supply crunch, sacrificing some oil production in the process. The Norwegian giant has halted the re-injection .........

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21 2021-10

Major underground gas storage cluster opens

Workers change the billboard at a Sinopec gas station in Fuzhou, Fujian province. [Photo provided to China Daily] China Petroleum and Chemical Corps biggest underground gas storage cluster, .........

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23 2021-09

Oil prices rise on falling U.S. crude inventories

(Bloomberg) --Oil rallied after a U.S. industry report showed another big draw in crude inventories, pointing to a tightening market, and Chinas central bank added liquidity to quell concern.........

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18 2021-09

Oil set for fourth weekly gain with high energy prices in focus

(Bloomberg) --Oil headed for a fourth weekly gain supported by signs of a tighter market and a wider rally in energy prices. West Texas Intermediate, which dipped on Friday, has still climbe.........

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26 2021-08

BP, PetroChina form JV to manage Iraq’s Rumaila oil field

LONDON (Bloomberg) - BP and PetroChina formed a joint venture to manage the giant Rumaila field in Iraq, an operating structure the British oil major has adopted in other parts of the world .........

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25 2021-08

State oil companies begin their own moves toward carbon neutrality

MEXICO CITY (Bloomberg) --Pemex left investors with more questions than answers after it announced in late July that it would be disclosing its greenhouse gas emissions on a more regular bas.........

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24 2021-08

Oil prices jump on stock market rebound, FDA vaccine approval

(Bloomberg) --Oil in New York surged by the most since April amid a broader market rebound after the longest stretch of declines in nearly two years. The U.S. crude benchmark climbed nearly .........

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11 2021-08

Oil companies’ renewables push squeezing profitability from green projects

(Bloomberg) --The worlds largest oil companies are bidding up prices for renewable energy projects, squeezing profits from wind and solar farms just as climate planning focuses more on green.........

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09 2021-08

Natural gas prices surge as energy transition-driven demand outstrips supply

MOSCOW (Bloomberg) --The era of cheap natural gas is over, giving way to an age of far more costly energy that will create ripple effects across the global economy. Natural gas, used to gene.........

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04 2021-08

Iran’s oil output growth looks less likely following tanker attack

(Bloomberg) --Irans oil comeback, already taking longer than many traders expected, will be further complicated by last weeks deadly drone attack on a tanker in the Gulf of Oman, which the U.........

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