The Annual Equipment of Pipeline and Oil &Gas Storage and Transportation Event
logo

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

ufi

BEIJING, China

March 26-28,2025

LOCATION:HOME> News> Industry News
Industry News
The following is the news list page
24 2019-06

Oil gains as new sanctions set to ratchet up pressure on Iran

SYDNEY (Bloomberg) -- Oil extended its rally after the U.S. said it was preparing new sanctions against Iran, further escalating tensions between the two states. Futures in New York were up .........

see more >>
17 2019-06

Oil supply to swamp demand, squeeze OPEC in 2020, IEA says

LONDON (Bloomberg) -- Global oil supplies will increase far more than demand next year with the start of a host of new projects, putting further pressure on the OPEC cartel, the Internationa.........

see more >>
11 2019-06

CNOOC to acquire 10% equity interest in Arctic LNG 2

HONG KONG --CNOOC Limited has announced that the Company and CEPR Limited, a wholly-owned subsidiary of the Company, entered into a Share Purchase Agreement with Joint Stock Company Novatek .........

see more >>
21 2019-05

Venezuela falls to fourth-largest oil producer in Latin America

HOUSTON (Bloomberg) -- Venezuela, which sits atop more oil than Saudi Arabia, has fallen behind three other Latin American countries as years of mismanagement and lack of investments take it.........

see more >>
20 2019-05

How one village on the Volga sowed chaos in Europe's oil market

MOSCOW (Bloomberg) -- Residents of Nikolayevka havent had much to gossip about since the owner of the vodka museum over on Peoples Friendship Street died, forcing the closure of the only tou.........

see more >>
14 2019-05

Saudi Arabia claims oil tankers attacked as Iran tensions rise

DUBAI (Bloomberg) -- Saudi Arabia said two of its oil tankers were attacked while sailing toward the Persian Gulf, adding to regional tensions as the U.S. increases pressure on Iran. Crude r.........

see more >>
13 2019-05

Houston Ship Channel still not safe for passage to GOM after oil spill

WASHINGTON (Bloomberg) -- The U.S. Coast Guard said on Saturday its too early to estimate when the Houston Ship Channel can reopen after a collision that spilled about 9,000 bbl of a gasolin.........

see more >>
10 2019-05

Iranian crude shipments slump as U.S. oil sanctions bite deeper

LONDON (Bloomberg) -- Irans oil shipments tumbled this month after the U.S. ended sanctions waivers that allowed eight governments to buy from the Persian Gulf country. So far, not a single .........

see more >>
09 2019-05

Saudis willing to meet all orders from ex-Iran oil buyers

DUBAI (Bloomberg) -- If you have had to stop buying oil from Iran, Saudi Arabia has you covered, for June, anyway. The worlds biggest oil exporter has received moderate requests from custome.........

see more >>
08 2019-05

Shell, Eni execs face corruption allegations over Nigerian oil deal

LONDON and ROME (Bloomberg) -- Royal Dutch Shell Plc and Eni SpA face additional corruption allegations over a Nigerian oil deal, after the West African countrys government said in a London .........

see more >>
07 2019-05

Activist investor urges Carrizo Oil & Gas to sell

NEW YORK (Bloomberg) -- Activist investor Lion Point Capital has built a position in Carrizo Oil Gas Inc. and wants the driller to explore a sale or merger with another Permian explorer to g.........

see more >>
05 2019-05

Equinor profit beats estimates as oil output tops prediction

OSLO (Bloomberg) -- Norways Equinor beat profit and cash-flow estimates after pumping more oil and gas than predicted. First-quarter results at the state-controlled producer cap a mixed seri.........

see more >>
29 2019-04

Oil patch shifts from growth to cash flow as U.S. rig count falls

HOUSTON (Bloomberg) -- Oil explorers idled rigs in the U.S. for a second consecutive week as operators shifted focus from production growth to cash flow. Working oil rigs fell by 20 this wee.........

see more >>
28 2019-04

Total’s cash flow up as record output offsets lower oil price

PARIS (Bloomberg) Total SA boosted cash flow in the first quarter as record hydrocarbon output and soaring sales of liquefied natural gas compensated for a drop in crude prices. The French e.........

see more >>
26 2019-04

Nigeria plans to double crude oil production, triple refining in bid for self-reliance

ABUJA (Bloomberg) -- Nigeria plans to almost double oil production and triple its refining capacity by 2025, reviving previous pledges for the countrys oil independence. The OPEC member is l.........

see more >>