The Annual Equipment of Pipeline and Oil &Gas Storage and Transportation Event
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The 25thBeijing International Exhibition on Equipment of Pipeline and Oil & Gas Storage and Transportation

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BEIJING, China

March 26-28,2025

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Industry News
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21 2019-08

Subsea 7 bringing experienced engineers to oil and gas

ABERDEEN Subsea 7 is continuing its Engineering Conversion Program, based in Aberdeen, to help experienced engineers from civil engineering and military roles to transfer skills and build ne.........

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20 2019-08

Oil climbs as Huawei sanctions delay offers sign of trade war truce

NEW YORK (Bloomberg) - Oil climbed as the U.S. delayed sanctions against Huawei Technologies, offering a hint of progress in its trade war with China, and a drone attack in Saudi Arabia high.........

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16 2019-08

Oil declines as trade war casts dark cloud, stockpiles rise

NEW YORK (Bloomberg) - Oil fell for a second day as the U.S.-China trade war escalated against the backdrop of swelling American crude inventories. Futures fell as much as 2.6% in New York o.........

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14 2019-08

Oil rises most in 7 months as tariff delay brightens outlook

NEW YORK (Bloomberg) - Crude oil jumped the most since early January as the trade deadlock between the worlds biggest economies showed signs of easing, calming fears that global economic gro.........

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13 2019-08

Tullow makes significant oil discovery offshore Guyana

LONDON Tullow Oil has made its first discovery in its Orinduik license offshore Guyana, exceeding pre-drill forecasts and paving the way for more exploration wells in the near future. Paul M.........

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12 2019-08

Oil rises as investors weigh Saudi action against demand concern

HOUSTON (Bloomberg) - Oil surged to start the U.S. session as investors weighed the latest steps from Saudi Arabia following a selloff earlier in the week. WTI rose as much as 4.1% in New Yo.........

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09 2019-08

Oil rebounds from seven-month low as Saudis seek to stem slide

SEOUL (Bloomberg) - Oil rebounded from the lowest level since January after Saudi Arabia contacted other producers to discuss options to stem a rout thats been driven by the worsening U.S.-C.........

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08 2019-08

Oil slump deepens on unexpected jump in U.S. fuel stockpiles

NEW YORK (Bloomberg) - Oil plunged, re-entering bear-market territory, as a surprise increase in American fuel stockpiles fueled worries about a growing glut, feeding into an increasingly di.........

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07 2019-08

Achilles launches 6,000 member oil and gas supplier network for Europe

ABINGDON, UK - Achilles Information, a supply chain risk and performance management provider, has launched the most comprehensive supplier network available for the oil gas industry: Oil and.........

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06 2019-08

As shale drillers stumble, Big Oil says it can do Permian better

HOUSTON (Bloomberg) - Exxon Mobil and Chevron arent fazed by the drilling mistakes and funding hurdles smaller shale producers are running into in the Permian basin. The North American super.........

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05 2019-08

U.S. Oil Giants Exxon, Chevron get boost from tax cut in Canada

(Bloomberg) - A corporate tax rate cut in the oil-rich province of Alberta, where both ExxonMobil and Chevron have operations, boosted Exxon s second-quarter profit by almost $500 million, a.........

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01 2019-08

EIA: U.S. crude oil production continues to set records

WASHINGTON - U.S. crude oil production in each of the first five months of 2019 showed increases over their 2018 levels, with April 2019 establishing a new monthly record. Production grew th.........

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31 2019-07

Oil surges as traders await fed cut, Iran clash squeezes supply

NEW YORK (Bloomberg) - Oil surged as the Federal Reserve moved toward a rate-cut to boost the economy even as lingering tensions with Iran threatened to choke Middle East supplies. Futures i.........

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30 2019-07

Oil advances most in almost three weeks as U.S. rate cut awaited

NEW YORK (Bloomberg) - Oil rose the most in almost three weeks on speculation that demand will get a bump from a potential U.S. Federal Reserve rate cut aimed at spreading economic benefits .........

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29 2019-07

Oil ends week higher as supply threats outweigh demand doubt

NEW YORK - Oil prices fluttered near $56 a barrel in a volatile trading session that pitted gnawing doubts about global demand with supply threats from the Middle East and elsewhere. Futures.........

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