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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
05 2018-09

U.S. throttles Iran oil flows to buyers who vowed resistance

SINGAPORE (Bloomberg) -- The worlds top oil buyers are discovering that U.S. sanctions on Iran will squeeze their trade flows whether they agree with America or not. It was only about three .........

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04 2018-09

Secret oil shipments could help Iran cushion U.S. sanctions blow

LONDON (Bloomberg) --Discounts, bartering and smuggling are among the tactics Iran may lean on to keep almost 800,000 bpd of its oil exports flowing after U.S. sanctions resume in November. .........

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03 2018-09

Iran's oil exports slump to 2 1/2-year low before U.S. sanctions

LONDON (Bloomberg) -- Irans oil exports are tumbling again as the countrys key buyers in Asia take fewer cargoes in the weeks before U.S. sanctions take full effect. The Persian Gulf nation .........

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31 2018-08

Crude oil advances amid signs of a tighter U.S. oil picture

NEW YORK (Bloomberg) -- Crude broke through $70/bbl for the first time in a month as shrinking stockpile levels in the U.S. combined with expectations of lower Iran exports point to tighter .........

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30 2018-08

Finalists announced for the 2018 World Oil Awards

HOUSTON --World Oiland Gulf Energy Information has announced the finalists for the 2018 World Oil Awards. For 17 years, these prestigious awards have honored the upstream energy industrys le.........

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29 2018-08

Oil has stopped dictating which direction European gas will go

LONDON (Bloomberg) -- Global oil markets have stopped being the puppet masters driving European natural gas prices. Gas is no longer as localized a commodity, only moved relatively short dis.........

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28 2018-08

South Sudan resumes output in key oil area after five-year halt

JUBA (Bloomberg) -- South Sudan restarted crude production in a key oil region almost five years after facilities were shuttered by civil war. The resumption of output in the so-called Unity.........

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27 2018-08

Trinidad inks gas deal with Venezuela to continue LNG exports

HOUSTON (Bloomberg) --Trinidad and Tobago will continue to ship super-chilled natural gas all over the world, with a little help from Venezuela. President Nicolas Maduro and Trinidad and Tob.........

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24 2018-08

United Oil & Gas confirms award of two blocks in the UK North Sea

LONDON -- United Oil Gas Plc, the London Stock Exchange listed oil and gas exploration and development company, has announced that further to the announcement of May 24, 2018, it has accepte.........

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23 2018-08

Oil climbs after biggest U.S. crude stockpile drop in four weeks

NEW YORK (Bloomberg) -- Oil gained after a U.S. government report showed the biggest decline in crude inventories since late July. Futures in New York advanced as much as 2.7% on Wednesday. .........

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22 2018-08

Fracing robots in the works as oil field is digitized

HOUSTON -- Rack up one more thing robots can be used for: Fracing for oil. Bots already are used to vacuum floors, build cars and do heart surgery. Now, Halliburton Co. wants to add fracing .........

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21 2018-08

Wild currency swings make trading Chinese oil futures risky

LONDON and SINGAPORE (Bloomberg) -- Wild swings in the yuan and punitive storage costs are making oil traders think twice about a bet on Chinas fledgling crude futures that looks highly lucr.........

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20 2018-08

Losing Lofoten would imperil Norway’s Arctic push, oil boss warns

OSLO (Bloomberg) --Backing down on drilling off Norways Lofoten islands could also threaten the search for 16 Bbbl of oil and gas that lies beneath the Barents Sea, the countrys energy minis.........

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17 2018-08

Oil shrugs at revival of U.S.-China trade talks to ease tensions

LONDON (Bloomberg) -- Signs of easing tensions between the worlds two largest economies have done little to lift oil as surging U.S. stockpiles offset potential gains in crude futures. Oil i.........

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16 2018-08

Oil sinks to eight-week low after surprise U.S. stockpile build

NEW YORK (Bloomberg) -- Oil plunged after U.S. stockpiles swelled by the most since March 2017 and as investor concern increased that the U.S.-China trade war and Turkish crisis will undercu.........

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