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The 25thBeijing International Offshore Oil & Gas Exhibition

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March 26-28,2025

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Industry News
The following is the news list page
14 2018-11

Shale oil's good, but it's not here to stay

LONDON (Bloomberg) -- U.S. shale may be the darling of the oil industry right now, but the boom isnt going to last, according to the International Energy Agency. The richest areas will have .........

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13 2018-11

Oil halts record losing streak as Saudis advocate supply cuts

NEW YORK (Bloomberg) -- Oil climbed the most in 2 1/2 weeks, halting an unprecedented decline, as Saudi Arabia pledged to curb output and urged allied crude producers to follow suit. Futures.........

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08 2018-11

South Sudan oil outlook hinges on shaky peace deal, WoodMac says

JOHANNESBURG (Bloomberg) -- South Sudans optimism about restoring oil output to 350,000 bpd depends on the success of a recent peace deal and both are unlikely, according to Wood Mackenzie L.........

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07 2018-11

Iraq to boost oil sales to China by 60%

BEIJING (Bloomberg) -- Iraq aims to supply China with about 60% more crude next year, as OPECs second-biggest supplier double downs on its main market in Asia, according to the head of the s.........

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02 2018-11

Pioneer announces sale of South Texas oil assets for $132 million

DALLAS -- Pioneer Natural Resources Company has announced that it has signed a purchase and sale agreement with an undisclosed third party to sell approximately 2,900 net acres in Sinor Nest.........

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01 2018-11

Colombia plans Mexico-style oil hedge after recent volatility

BOGOTA (Bloomberg) -- Colombia is planning to hedge its oil exports to protect the government from the violent swings in revenue it suffered in recent years. The financing bill to be present.........

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30 2018-10

Brazil gets oil windfall as output poised to soar

RIO DE JANEIRO (Bloomberg) -- Brazils President-elect Jair Bolsonaro is staring at an oil windfall. After a decade of stagnant production, Brazils offshore mega-projects are about to deliver.........

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25 2018-10

Trump approves plan for oil production facility on manmade Arctic island

WASHINGTON (Bloomberg) -- The Trump administration has authorized Hilcorp Energy Co.s plan to build an artificial gravel island in the Beaufort Sea north of Alaska and use it to extract crud.........

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19 2018-10

Oil trades near one-month low after U.S. crude stockpiles surge

LONDON (Bloomberg) -- Oil traded near the lowest level in a month after a bigger-than-expected gain in American stockpiles overshadowed tensions between the U.S. and Saudi Arabia over a miss.........

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18 2018-10

Oil falls after U.S. stockpiles swell for fourth straight week

NEW YORK (Bloomberg) -- Oil posted the biggest decline in two months after U.S. government data showed expanding crude stockpiles. Futures fell 3% in New York on Wednesday. Domestic crude in.........

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17 2018-10

Oil drops as swelling U.S. crude inventories signal ample supply

NEW YORK (Bloomberg) -- Oil declined on concerns that U.S. crude stockpiles are expanding at a rate not seen since early 2017 as American drillers lift output to unprecedented levels. Future.........

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16 2018-10

Oil sheds gains after Trump turns down heat in Saudi dispute

NEW YORK (Bloomberg) -- Oil surrendered most of its early gains after tensions appeared to ease between the U.S. and Saudi Arabia amid growing international outrage over the disappearance of.........

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15 2018-10

100 MMbbl: The world hits daily oil, liquids record

SINGAPORE (Bloomberg) -- The world is pumping out more oil and other petroleum liquids than ever before. Global supply rose to 100.3 MMbpd in the third quarter, the International Energy Agen.........

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12 2018-10

Wildcatters still a gamble for investors despite oil's rise

JOHANNESBURG (Bloomberg) -- Higher oil prices may seem like the pot of black gold at the end of the rainbow for wildcat explorers in frontier plays. But even with talk that prices of $100/bb.........

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11 2018-10

Trump still doesn't like the price of oil, even as it falls

NEW YORK (Bloomberg) -- This time it wasnt a tweet. President Donald J. Trump is again saying oil prices are too high, even after West Texas Intermediate crude dropped from a four-year high .........

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