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The 25thBeijing International Offshore Oil & Gas Exhibition

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BEIJING,CHINA

March 26-28,2025

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Industry News
The following is the news list page
05 2019-12

Oil rallies on renewed trade deal prospects before OPEC+ meeting

NEW YORK (Bloomberg) - Oil rose as the U.S. and China moved closer to a trade deal and before the OPEC+ alliance meets later this week to consider extending its output-cut policy. Futures ad.........

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04 2019-12

Oil extends gains as OPEC+ prepares to meet

NEW YORK (Bloomberg) - Oil rose for a second day as investors focused on the upcoming OPEC+ meeting that could lead to deeper supply cuts by some of the worlds biggest crude producers. Futur.........

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03 2019-12

Rising number of North Sea oil and gas firms engaged in energy transition

ABERDEEN - Almost 40% of North Sea operators and contractors are concerned about diversification and energy transition with around half (49%) working to reduce their carbon footprints or dev.........

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28 2019-11

Oil rises as optimism about U.S.-China trade-war truce abounds

NEW YORK (Bloomberg) - Oil advanced, shedding earlier losses, amid growing optimism about prospects for a settlement in the long-running U.S.-China trade war. Futures rose 0.4% in New York o.........

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20 2019-11

Oil falls most in five weeks as supplies rise, trade deal stalls

NEW YORK (Bloomberg) - Oil dropped the most in over a month on indications American crude stockpiles are expanding, while investors wait for a breakthrough in U.S.-China trade talks. Futures.........

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18 2019-11

OPEC still sees oil surplus in early 2020 as meeting approaches

LONDON (Bloomberg) - OPEC signaled that oil markets remain on course for a surplus in early 2020, even as delegates said the organization and its allies probably wont step up efforts to remo.........

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15 2019-11

Oil rises on signs of U.S. supply drop, OPEC’s shale outlook

SINGAPORE (Bloomberg) - Oil rose for a second day after an industry report pointed to a drop in U.S. inventories, and as OPEC said it sees potential for a sharp slowdown in American shale ou.........

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13 2019-11

OPEC+ risks sub-$50 oil without deeper supply cuts

LONDON (Bloomberg) - With their next meeting just weeks away, OPEC and its partners are showing no impetus for stronger action to support oil prices. But without intervention, some influenti.........

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12 2019-11

Aramco sees oil demand falling after 2040, per IPO prospectus

DUBAI (Bloomberg) - Global oil demand may peak within the next 20 years, according to an assessment included in the prospectus for Saudi Aramcos initial public offering, suggesting views are.........

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06 2019-11

Oil climbs to six-week high on signs of trade war resolution

NEW YORK (Bloomberg) - Oil rose to a six-week high on mounting signs that a resolution to the U.S.-China trade dispute is imminent. Futures advanced as much as 1.8% on Monday in New York. Ch.........

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31 2019-10

BP profit beats as strong refining offsets lower oil price

LONDON (Bloomberg) - BP reported profit that beat analyst estimates as a strong refining performance offset the effect of lower oil and natural gas prices, and bad weather that curbed produc.........

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29 2019-10

Oil declines on new signs of expanding U.S. crude stockpiles

NEW YORK (Bloomberg) - Oil fell for the first time in a week amid renewed signs of swelling crude inventories in the worlds biggest economy. Futures dropped as much as 1.3% in New York on Mo.........

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28 2019-10

Oil posts biggest weekly gain in five weeks on trade optimism

CALGARY (Bloomberg) - Oil posted the biggest weekly gain in more than a month as supplies tightened and the White House signaled progress on U.S.-China trade talks. Futures in New York rose .........

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25 2019-10

Oil drillers get $18 billion break thanks to law legislators now regret

WASHINGTON (Bloomberg) - The U.S. has forfeited some $18 billion tied to oil and gas production in the Gulf of Mexico since 2000 because of a decades-old law that gave energy companies a bre.........

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24 2019-10

Oil rallies after surprise decline in U.S. crude stockpiles

NEW YORK (Bloomberg) - Oil spiked above $55/bbl for the first time in three weeks after a surprise drop in U.S. crude supplies signaled strengthening demand. Futures rose as much as 1.5% in .........

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