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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
28 2016-07

Oil majors lost one engine; now the second one is sputtering

HOUSTON (Bloomberg) -- If Big Oil was a two-engine airplane, you could say its been flying on a single engine since energy prices crashed in 2014. Now, the second motor is sputtering. The ma.........

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27 2016-07

BP profit sinks as lower oil, weak refining strain industry

LONDON (Bloomberg) -- BP posted a 45% slump in earnings, pointing to a poor set of results from the industry as oil production barely breaks even and profits from refining sputter. The UK co.........

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26 2016-07

Libya oil ports’ re-opening halted by harder stances on payments

RIPOLI (Bloomberg) -- Two of Libyas biggest oil ports may not re-open soon as the hardening positions of rival factions pose a fresh challenge to international efforts to reunite the country.........

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25 2016-07

Oil glut deeper than just crude exposed as recovery stumbles

LONDON (Bloomberg) -- For almost two years, the spotlight in the global oil market has been on a surplus of crude. The latest stumble in prices has shown that the glut extends further. As th.........

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22 2016-07

Keppel profit falls as oversupply of oil rigs delays deliveries

SINGAPORE (Bloomberg) -- Keppel Corp., the worlds largest builder of oil rigs, posted a 48% drop in second-quarter profit as oversupply led to delivery delays for offshore projects, and said.........

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21 2016-07

Goldman sees Russian oil output topping Soviet record by 2018

MOSCOW (Bloomberg) -- Russian oil output will exceed the former Soviet record set almost 30 years ago by the end of 2018 as low-cost fields allow producers to defy the slump in prices, accor.........

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20 2016-07

First foreign tanker set to load Alaska oil in three decades

NEW YORK (Bloomberg) -- A cargo of Alaska North Slope crude is scheduled to load next week aboard a foreign-flagged tanker for the first time in more than 30 years. The Bahamas-flagged Tianl.........

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19 2016-07

Oil flows through Turkey unhindered after coup quelled

ISTANBUL, Turkey (Bloomberg) -- Oil tankers are loading and unloading cargoes normally at Turkeys ports and sailing without interruption in the nations waters after forces loyal to President.........

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18 2016-07

Oil producers prepare for second-half slump as rally sputters

HOUSTON (Bloomberg) -- Oil producers arent betting on the rally. After surviving two years of low prices, theyre gearing up for a third by buying protection against a renewed downturn. Lared.........

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15 2016-07

Oil retreats after industry data show U.S. stockpiles expanding

NEW YORK (Bloomberg) -- Oil fell after the biggest gain in three months as U.S. industry data showed the nations crude stockpiles increased, adding to concerns about oversupply. Futures lost.........

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14 2016-07

InterOil said to get Exxon buyout offer topping Oil Search

IRVING, Texas (Bloomberg) -- Exxon Mobil Corp. made an indicative takeover proposal for InterOil Corp. that topped a competing $2.2-billion bid for the owner of trillions of cubic feet of na.........

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13 2016-07

Premier Oil jumps in London as Brexit cuts costs in Sterling

LONDON (Bloomberg) -- Premier Oil rose the most this month in London trading after saying its benefiting from a decline in the British pound following the UKs vote to leave the European Unio.........

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12 2016-07

Falling U.S. oil output not enticing enough for wary investors

NEW YORK (Bloomberg) -- Not even a sharp decline in U.S. oil production can convince investors that crude prices are ready to rebound. Stubbornly high U.S. inventories and resurgent output f.........

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11 2016-07

Big Oil’s $45 billion of new projects signal spending revival

HOUSTON (Bloomberg) -- Two projects worth $45 billion announced this month show the worlds largest oil companies are regaining the confidence to make big investments, emboldened by rising cr.........

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07 2016-07

Oil swings between gains, losses as traders weigh Brexit effect

NEW YORK (Bloomberg) -- Oil swung between gains and losses after falling to a one-week low as investors fled to haven assets on concern the UKs vote to leave the European Union (EU) will hin.........

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