The Annual Equipment of Pipeline and Oil &Gas Storage and Transportation Event
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WASHINGTON (Bloomberg) -- Oil resumed its decline near $30/bbl after U.S. industry data showed crude stockpiles increased, exacerbating a global glut. Futures slid as much as 3.7% in New Yor.........
see more >>WASHINGTON, D.C. -- The World Bank has slashed its forecast for crude oil prices by $14 to $37/bbl for 2016, it said on Tuesday, amid growing supply and weak demand prospects from emerging m.........
see more >>KUWAIT (Bloomberg) -- The worlds biggest oil producer is spending as much now as it did before the crash in crude prices, signaling no surrender in Saudi Arabias battle with rivals. Saudi Ar.........
see more >>LONDON (Bloomberg) -- Pierre Andurand, the founder of the $615 million Andurand Capital Management who correctly predicted the slump in oil prices, said the commodity has probably hit bottom.........
see more >>SHANGHAI, China (Bloomberg) -- OPECs decision to flood global markets is helping Chinas biggest oil company pump record volumes overseas. China National Petroleum Corp. more than doubled pro.........
see more >>THE HAGUE (Bloomberg) -- Royal Dutch Shell Plc, which is buying BG Group Plc in the industrys largest deal in a decade, expects fourth-quarter profit to drop at least 42% after the rout in c.........
see more >>PARIS (Bloomberg) -- Global oil markets could drown in oversupply, sending prices even lower as demand growth slows and Iran revives exports with the end of sanctions, according to the Inter.........
see more >>HOUSTON (Bloomberg) -- Oil is so plentiful and cheap in the U.S. that at least one buyer says it would need to be paid to take a certain type of low-quality crude. Flint Hills Resources LLC,.........
see more >>TEHRAN (Bloomberg) -- Iran is beginning efforts to boost oil production and exports amid a global supply glut after the removal of sanctions that shackled its economy and capped crude sales..........
see more >>CALGARY, Alberta (Bloomberg) -- Think oil in the $20s is bad? In Canada theyd be happy to sell it for $10. Canadian oil sands producers are feeling pain as bitumenthe substance at the center.........
see more >>BEIJING (Bloomberg) -- China wont let fuel prices fall in line with crude below $40/bbl as the worlds second-biggest oil consumer seeks to curb pollution and shield domestic producers from o.........
see more >>NEW YORK (Bloomberg) -- Oil dropped below $30/bbl in New York for the first time in 12 years on concern that turmoil in Chinas markets will curb fuel demand. West Texas Intermediate crude tu.........
see more >>NEW YORK (Bloomberg) -- Crude declined to a 12-year low, confirming the view of hedge funds that cut bullish price bets to the lowest since 2010. Futures dropped as much as 4.7% in New York,.........
see more >>STAVANGER, Norway -- Statoil Petroleum has signed Master Service Agreements with Aker Solutions and OneSubsea Processing. The agreements form the basis for potential new EPC contracts for su.........
see more >>RIYADH (Bloomberg) -- Saudi Arabia is considering its own Big Bang. The world biggest crude exporter is considering selling a stake in its state-owned company, which controls more than a ten.........
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Along with the rapid development of China's energy industry, China Oil & Gas Pipeline network is experiencing unprecedented great structure, large-scale construction and giant leap. Read More >
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