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
02 2020-12

Oil prices rise as OPEC+ delays a decision on output hikes

(Bloomberg) --Oil erased earlier losses with OPEC+ seeking more time to reach a deal on production policy after a meeting broke down without an agreement. Futures were 0.7% higher in New Yor.........

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27 2020-11

OPEC+ projected to delay oil output hike by at least three months

(Bloomberg) --OPEC and its allies will likely delay a supply increase planned for January by three months, according to a survey of oil analysts, traders and refiners. The 23-nation coalitio.........

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26 2020-11

Oil’s recent surge compounds OPEC+ production challenges

(Bloomberg) --With OPEC+ just days from meeting, those countries who favor ratcheting up oil production may be finding some support for their arguments from surging prices. Headline futures .........

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24 2020-11

Oil prices reach three month high on improving demand outlook

(Bloomberg) --Oil touched its strongest level since early September as signs that Covid-19 vaccinations in the U.S. could be underway within three weeks improved the demand outlook. Markets .........

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18 2020-11

EIA projects $43 oil, flat U.S. production in the first half of 2021

WASHINGTON, DC The U.S. Energy Information Administration reported that a record 12.9 million barrels per day (bpd) of crude oil was produced in the United States in November 2019 and was at.........

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17 2020-11

Vaccine news alone won’t solve OPEC’s oil output puzzle

(Bloomberg) --Oil markets may be cheering the prospects of a coronavirus vaccine, but OPEC+ cant celebrate. Crude prices have rallied to a 10-week high on hopes that Pfizer Inc. and BioNTech.........

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10 2020-11

Libya passes 1 million barrel per day oil production milestone

(Bloomberg) --Libya boosted oil production to more than 1 million barrels a day, a milestone for the North African country after civil war all but shut its energy industry. The OPEC member, .........

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06 2020-11

EU expects U.S. natural gas suppliers to contribute to carbon-neutrality goals

(Bloomberg) - The European Union is looking at ways to put pressure on global exporters of liquefied natural gas to reduce their greenhouse gas footprint, part of the continents effort to sl.........

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02 2020-11

With little left to cut, oil majors must wait for a recovery

HOUSTON and LONDON (Bloomberg) --It was Andrew Swiger, the chief financial officer at Exxon Mobil Corp., who summarized the attitude of the whole industry after Big Oil ended reporting anoth.........

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20 2020-10

Oil and Gas Climate Initiative reports progress on upstream methane and carbon intensity t

HOUSTON - The Oil and Gas Climate Initiative (OGCI) announced its aggregate performance data for 2019. It shows the collective upstream methane and carbon intensity of member companies aggre.........

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10 2020-09

Oil markets turning bearish amid signs of pandemic’s accelerating economic impact

(Bloomberg) --Six months after the coronavirus pandemics initial punch, signs of a second wave are already emerging in the oil market. Chinas buying has slowed after the nation binged when c.........

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08 2020-09

Jordan to resume Iraqi oil imports halted by pandemic

(Bloomberg) --Jordan will resume imports of crude oil from its Middle East neighbor Iraq this month after suspending shipments due to the coronavirus. Imports of about 10,000 barrels a day w.........

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03 2020-09

Oil prices fall on lower U.S. refinery demand projections

NEW YORK (Bloomberg) --Oil tumbled to the lowest level in more than a week with the expectation that refinery demand for crude will weaken in the fall and as investors sought refuge in a str.........

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27 2020-08

Transforming the Petroleum Industry through Technological Innovation and Invention

2020 International Petroleum and Petrochemical Technology Conference (IPPTC) will be held during 26-28 August, 2020 at Shanghai, China. At the same time, IPPTC will be equipped with the 20th.........

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24 2020-08

China charters 19 tankers for record U.S. crude oil shipment

NEW YORK (Bloomberg) --U.S. oil exports to China are set to reach a record next month in a sign that Beijing is stepping up purchases to meet its commitments under a landmark trade deal reac.........

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