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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
15 2018-01

Fracers arise from oil-price rout on a course to dominate 2018

HOUSTON (Bloomberg) --Less than two weeks in, 2018 is shaping up to be the year of the fracer. The worlds two biggest oilfield service providers, Schlumberger Ltd. and Baker Hughes, are the .........

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12 2018-01

Simmons Edeco recognized for international growth

CALGARY -- Simmons Edeco, a leading supplier of wellhead and valve maintenance, asset integrity solutions and onshore drilling services to the global oil and gas industry, announced that it .........

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11 2018-01

Oil rises from three-year high as U.S. stockpiles seen plunging

LONDON (Bloomberg) --Oil extended gains from the highest close in more than three years as U.S. industry data signaled crude stockpiles dropped an eighth week. Futures climbed as much as 1.1.........

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10 2018-01

U.S. crude output on track to rival giants Russia, Saudi Arabia

NEW YORK (Bloomberg) --The U.S. may challenge Saudi Arabia and Russia in the next two years in the race to become the worlds largest oil producer. U.S. output will rise to 10 MMbpd as soon a.........

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08 2018-01

API: New offshore energy plan will strengthen U.S. energy security

WASHINGTON -- API welcomed the Interior Departments new proposal for a five-year offshore oil and natural gas leasing plan to allow greater access to energy resources in the U.S. Outer Conti.........

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03 2018-01

Oil's famous five: People who could define the market in 2018

LONDON (Bloomberg) --Will Saudi Arabia and Russia maintain their grip on production, or could they succumb to another surge in U.S. shale? Is it possible for the economic collapse of a major.........

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02 2018-01

A guide to Mideast markets in 2018

DUBAI (Bloomberg) --For as long as Gulf economies rely on oil, crude will be a factor in determining how investors trade regional markets. But right now, politics is king. In the past 12 mon.........

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27 2017-12

Libya's oil output revival thwarted by pipeline explosion

CAIRO (Bloomberg) --Libyas oil industry revival suffered a setback Tuesday after an explosion at a pipeline carrying crude to the OPEC nations biggest export terminal. Oil rallied as a resul.........

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26 2017-12

Iraq's oil minister says he's optimistic crude prices will rise

BAGHDAD (Bloomberg) --Iraqs Oil Minister Jabbar Al-Luaibi said hes optimistic crude prices will rise in 2018, with global stockpiles falling and demand on the rise in China and India. I am v.........

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25 2017-12

China's winter misery brings LNG traders gift of volatility

SINGAPORE and SYDNEY (Bloomberg) --Chinas self-inflicted heating crisis this winter signals deeper seasonal price swings that may be a boon for liquefied natural gas traders. The arrival of .........

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21 2017-12

United Oil & Gas provides update on Podere Maiar well, in northern Italy

DUBLIN -- United Oil Gas Plc, the London Stock Exchange listed oil and gas exploration and development company, is pleased to announce the Podere Maiar 1 (PM1) well at Selva gas field in the.........

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20 2017-12

Oil prices waver amid Nigeria's strike

NEW YORK, Dec. 18 (Xinhua) -- Oil prices settled mixed Monday as traders eyed an oil-worker strike in Nigeria. The West Texas Intermediate for January delivery decreased 0.14 U.S. dollar to .........

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19 2017-12

Crude declines as Nigeria oil workers strike is suspended

NEW YORK (Bloomberg) --Crude edged lower as an oil-worker strike in Nigeria was suspended and the time line for fixing a key North Sea pipelinedidnt worsen. Futures traded in a 96-cent range.........

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18 2017-12

Oil prices mixed on climbing U.S. output

NEW YORK, Dec. 15 (Xinhua) -- Oil prices settled mixed on Friday as investors turned their attention to climbing U.S. output. The West Texas Intermediate for January Delivery added 26 U.S. c.........

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13 2017-12

Oil prices slip after recent gains

NEW YORK, Dec. 12 (Xinhua) -- Oil prices retreated on Tuesday after surging over one percent in the previous session. The West Texas Intermediate for January Delivery lost 0.85 dollar to set.........

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