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
07 2016-04

Oil surges as crude supply unexpectedly drops from 86-year high

NEW YORK (Bloomberg) -- Oil climbed after U.S. crude inventories unexpectedly dropped from the highest level in more than eight decades. Futures rose the most in three weeks in New York. Cru.........

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06 2016-04

Inpex sees $606 million in writedowns amid oil rout

TOKYO (Bloomberg) -- Inpex Corp., Japans biggest oil and gas explorer, expects to book $606 million in impairment charges for the year just ended, following the collapse in oil and gas price.........

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05 2016-04

Oil falls to one-month low as Saudis link output freeze to Iran

LONDON (Bloomberg) -- Oil dropped to a one-month low after Saudi Arabias deputy crown prince said his country will freeze output only if Iran follows suit, putting in doubt the prospects of .........

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01 2016-04

India open to U.S. imports in effort to diversify sources

NEW DELHI (Bloomberg) -- India is open to buying crude from the worlds newest exporters, including the U.S., as it attempts to diversify its supply sources. The worlds fourth-biggest oil con.........

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01 2016-04

India open to U.S. imports in effort to diversify sources

NEW DELHI (Bloomberg) -- India is open to buying crude from the worlds newest exporters, including the U.S., as it attempts to diversify its supply sources. The worlds fourth-biggest oil con.........

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29 2016-03

cippe2016 visitors to reach 80,000

Day one of cippe2016 has seen more than 100 industry delegations visiting the show,including an increase in foreign visitors. Oil ministers from Iran, Iraq and Yemen, as well as more than 60.........

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29 2016-03

Forum focus on cost cutting,improving efficiency

The 8th International Petroleum Summit opened at New China International Exhibition Centre inBeijing on 29 March will focus on market expansion under cost cutting and improving efficiency. I.........

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29 2016-03

The largest petroleum exhibition will held in Beijing

The 16th China International Petroleum Petrochemical Technology and Equipment Exhibition (cippe 2016) will be started at the New China International Exhibition Center in Beijing on March 29,.........

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28 2016-03

China seen sustaining strong crude imports

SHANGHAI (Bloomberg) -- Chinas crude imports will rise further from a record this year to feed its expanding refining sector and strategic reserves, according to Standard Chartered Bank. The.........

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25 2016-03

OFSCap acquires The Oil and Gas Asset Clearinghouse

HOUSTON -- OFSCap, LLC, today announced that its affiliate, OFSCap Acquisition, LLC, has acquired The Oil and Gas Asset Clearinghouse from CenterGate Capital. Clearinghouse markets oil and g.........

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24 2016-03

Oil price declines as U.S. crude stockpile gain adds to glut

WASHINGTON, D.C. (Bloomberg) -- Oil maintained its decline after a U.S. government report showed rising crude stockpiles kept supplies at the highest level in more than eight decades. Crude .........

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23 2016-03

Liebherr to deliver crane for Lukoil's Caspian Sea operations

ROSTOCK, Germany -- Liebherr-Russland and Lukoil-Nizhnevolzhskneft have signed a new contract for the delivery of a Liebherr RL 1500-30 EX Litronic offshore crane, which is to start operatio.........

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22 2016-03

BSEE assists in opening oil spill response test burn tank

WASHINGTON, D.C. -- The Bureau of Safety and Environmental Enforcement (BSEE) helped oversee and execute a series of test in situ burns​​ in the newly opened burn tank at the Joint Maritime .........

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21 2016-03

U.S. Steel to idle two plants, cut up to 770 jobs amid oil price rout

PITTSBURGH, Pennsylvania (Bloomberg) -- U.S. Steel Corp., the countrys second-biggest producer of the metal, said it will dismiss as many as 770 workers and idle two plants that make product.........

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18 2016-03

Oil investers see $7.4 billion vanish as dividends are targeted

NEW YORK (Bloomberg) -- The check is not in the mail. Bludgeoned by falling energy prices, at least a dozen oil and natural gas companies have opted to cut dividends this year to preserve ca.........

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