The Annual Equipment of Pipeline and Oil &Gas Storage and Transportation Event
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The 24rdBeijing International Exhibition on Equipment of Pipeline and Oil & Gas Storage and Transportation

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BEIJING, China

March 25-27,2024

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Industry News
The following is the news list page
27 2022-10

GD Energy Products to provide 3000-hp pumps to U.S. Well Services for electric fracturing

GD Energy Products (GDEP), a total solutions provider for the drilling, well servicing and frac pumps market, has partnered with U.S. Well Services to supply 3,000 horsepower pumps for their.........

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29 2022-09

U.S. oil-output growth to exceed government forecast, Bloomberg analysis says

(Bloomberg) — The U.S. is on track to grow oil production faster than the government is forecasting, according to a BloombergNEF analysis.The latest BNEF report estimates daily US oil .........

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28 2022-09

Biden calls on oil companies to reduce their prices

(Bloomberg) — While U.S. gasoline prices have come down from the highs seen this summer, they’re clearly still weighing on President Joe Biden, who on Monday repeated demands for.........

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09 2022-09

Angola tops Nigeria as Africa’s biggest oil producer in August

(Bloomberg) — Nigeria lost its crown as Africa’s largest crude producer as Angola surpassed the country for the first time in more than five years.Angola’s average daily ou.........

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22 2022-08

Brazilian upstream consolidation leads to bullish production forecasts

National Oil Company Petrobras is focusing on output growth from pre-salt, following a trend of Brazilian oil independents raising output at fields the NOC already divested, Petroleum Econom.........

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21 2022-07

Biden announces wind turbine plan for oil-rich Gulf of Mexico

(Bloomberg) — President Joe Biden announced plans to advance offshore wind power in the Gulf of Mexico and in Atlantic waters near the Southeast U.S., part of a bid to prove he’s.........

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14 2022-07

High oil prices pose high risk to economic recovery, IEA says

(Bloomberg) — Oil prices pose a high risk to the global economic recovery, with signs that fuel costs are starting to “take their toll” on demand growth, the International .........

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16 2022-05

Iran says it can double oil exports if market needs more barrels

(Bloomberg) — Iran has capacity to double oil exports if there’s sufficient demand, a top official said, even as a deal on the country’s nuclear program that could pave the.........

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25 2022-03

Dallas Federal Reserve: Oil and gas expansion accelerates as outlooks improve significantl

Activity in the oil and gas sector accelerated during first-quarter 2022, according to oil and gas executives responding to the Dallas Fed Energy Survey, which is punctuated with a number of.........

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23 2022-03

Eni Makes Significant Oil And Gas Discovery In Algerian Desert

Eni and Sonatrach have made a significant oil and associated gas discovery in the Berkine North Basin in the Algerian desert.Italian energy major Eni and Algerian national state-owned oil co.........

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14 2021-12

Fuling shale gas field reserves top 100b cubic meters

Chongqing Fuling shale gas field. [Photo/Xinhua]China Petroleum and Chemical Corp, also known as Sinopec, announced on Monday that newly proven reserves of its Fuling shale gas field now exc.........

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30 2021-11

Largest natural gas storage begins to supply gas to West-East Gas Pipeline

Photo: ICChina's largest natural gas storage facility, the Hutubi gas storage under China National Petroleum Corp (CNPC) in Northwest China's Xinjiang Uygur Autonomous Region, began .........

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26 2021-11

OPEC says SPR releases may worsen coming global oil surplus

LONDON (Bloomberg) --OPEC expects that oil stockpiles released by consuming nations could massively swell the surplus in global markets.The projections from OPEC’s advisory body -- the Econo.........

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16 2021-11

Oil prices edge higher as market awaits SPR decision

(Bloomberg) --Oil reversed losses to close slightly higher after another day passed without an announcement from the Biden Administration to tap U.S. crude reserves.Futures in New York close.........

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10 2021-11

U.S. projects oversupplied global oil markets by early 2022

(Bloomberg) --The U.S. government projected that the global oil market will become oversupplied and prices will fall by early......

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