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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
24 2018-04

Saudi Aramco to lift oil-trading volume to 6 MMbpd

DUBAI (Bloomberg) --Saudi Aramco, the worlds biggest oil exporter, plans to trade as much as 6 MMbpd, a jump in volume that would put it in the top tier of companies that buy and sell crude .........

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23 2018-04

Schlumberger quarterly profits surge on activity gains, higher oil prices

PARIS Schlumberger reported an 88% increase in quarterly profit as rising crudeoilprices encouraged North American operators to ramp up drilling. The companys revenue from North America incr.........

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20 2018-04

Oil extends rally before OPEC meeting after U.S. stockpiles fall

LONDON (Bloomberg) -- Oil rallied above $69/bbl after a surprise drop in U.S. inventories added to signs the market is in balance before a key OPEC meeting. Futures in New York rose as much .........

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19 2018-04

Trudeau is set on saving oil pipeline

OTTAWA(Bloomberg) -- Canadian Prime Minister Justin Trudeau and Alberta Premier Rachel Notley have signaled they could put money behind Kinder Morgans Trans Mountain pipeline expansion as th.........

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18 2018-04

Majors bid to burnish credentials in war on climate change

LONDON (Bloomberg) -- The worlds biggest oil companies, for long typecast as villains of climate change, are seeking to reinvent themselves as environmental pioneers. Were not going to be si.........

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17 2018-04

U.S. offers $25 million cybersecurity grant after pipeline attacks

HOUSTON (Bloomberg) -- The U.S. wants to fund research targeting better cybersecurity for the nations power grid and the oil and natural gas industry, less than a month after web attacks hob.........

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16 2018-04

Oil set for biggest weekly gain in nine months amid supply risks

LONDON (Bloomberg) --Oil headed for the biggest weekly advance since July as concern over possible disruption to supply lends weight to signs of a dwindling glut. Futures gained more than 8%.........

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13 2018-04

New Zealand draws "line in the sand" with exploration ban

WELLINGTON (Bloomberg) --New Zealand will stop granting offshore oil and gas exploration permits, saying it is committed to playing its part in tackling climate change. The government is tak.........

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12 2018-04

Oil surges to three-year high as Middle East tensions intensify

NEW YORK (Bloomberg) --Crude in London and New York are at the highest levels since 2014 after U.S. President Donald Trump warned Russia to get ready for U.S. missiles to be fired at Syria a.........

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11 2018-04

U.S. oil debt eases as drillers target next shale play

HOUSTON (Bloomberg) --U.S. oil and gas producers expect their borrowing ability to increase over the next few months, leaving them open to invest in new shale assets, particularly the Eagle .........

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09 2018-04

Vallourec inks long-term agreements with Petrobras

PARIS -- Vallourec has announced that it has signed new contracts for the supply of products and services to the Brazilian national oil company Petrobras. In the framework of these three-yea.........

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08 2018-04

Drillers boost rig activity again as crude production soars

HOUSTON (Bloomberg) --Shale drillers boosted drilling activity in the U.S. oil patch to the highest in three years even as American crude output touched unprecedented levels. U.S. working oi.........

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23 2018-03

Crude drops as Trump tariffs on China spark trade war concerns

NEW YORK (Bloomberg) --Crude took a turn lower amid an equity selloff largely pinned to growing apprehension about a potential trade war with China. Futures edged down 1.3% in New York on Th.........

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21 2018-03

Oil hits three-week high as glut shrinks faster than expected

NEW YORK (Bloomberg) --Crude advanced to a three-week high as the OPEC-led alliance of major oil producers accelerated the timeline for curbing a worldwide supply glut. Futures in New York c.........

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20 2018-03

As Saudi prince visits U.S., shale transforms oil relationship

LONDON (Bloomberg) --From Franklin Roosevelt to George W. Bush, American presidents saw oil as the cornerstone of the relationship between Saudi Arabia and the U.S. -- a steady supply from t.........

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