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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
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12 2017-12

Oil holds steady on OPEC oil-cuts review, increase in U.S. rigs

HONG KONG and LONDON (Bloomberg) --Oil held steady as U.S. drilling expanded and two OPEC nations signaled the group may phase out production cuts if the market improves by the middle of the.........

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11 2017-12

Oil prices rebound amid short-covering

NEW YORK, Dec. 7 (Xinhua) -- Oil prices rose more than 1 percent on Thursday, as investors covered short positions after sharp losses in the previous session. The West Texas Intermediate for.........

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08 2017-12

OPEC's surprise oil deal with Libya seen as empty gesture

CAIRO and LONDON (Bloomberg) --OPEC appeared to score a diplomatic coup last week by persuading Libya, its most troubled member, to accept production limits. In reality, the agreement probab.........

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07 2017-12

Oil prices edge up amid strong demand

NEW YORK, Dec. 5 (Xinhua) -- Oil prices edged higher on Tuesday amid strong demand and a deal to extend oil output cuts. The West Texas Intermediate for January delivery increased 0.15 U.S. .........

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05 2017-12

Emerson completes Paradigm acquisition

ST. LOUIS -- Emerson has announced it has completed the purchase of Paradigm, a provider of software solutions to the oil and gas industry. The combination of Paradigm with Emersons Roxar so.........

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04 2017-12

Chevron's $1-million-an-hour dividend may go into overdrive

HOUSTON (Bloomberg) --Chevron Corp. may accelerate dividend growth over the next two years thanks to megaprojects that are already in the budget, according to one of the top-rated analysts f.........

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01 2017-12

Oil prices tumble amid U.S. inventory data

NEW YORK, Nov. 29 (Xinhua) -- Oil prices extended losses Wednesday as traders digested the newly-released U.S. crude stockpile data. The West Texas Intermediate for January delivery decrease.........

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30 2017-11

Oil prices extend losses on stronger U.S. dollar

NEW YORK, Nov. 28 (Xinhua) -- Oil prices continued to fall Tuesday as a stronger U.S. dollar made the greenback-denominated oil less attractive for holders of other currencies. The West Texa.........

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29 2017-11

ExxonMobil starts production at Hebron field

IRVING, Texas -- ExxonMobil Corporation has announced that the Hebron project started production safely and ahead of schedule. At its peak, the project will produce up to 150,000 bopd. Disco.........

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28 2017-11

Oil prices retreat ahead of OPEC meeting

NEW YORK, Nov. 27 (Xinhua) -- Oil prices declined Monday as investors awaited the OPEC (Organization of the Petroleum Exporting Countries) meeting scheduled to begin Thursday. The West Texas.........

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27 2017-11

Oil options cheapest in three years as OPEC meeting approaches

NEW YORK (Bloomberg) --Betting on price swings in oil costs the least in three years before next weeks OPEC meeting. Implied volatility of options on second-month West Texas Intermediate fut.........

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23 2017-11

Eight energy majors commit to reducing methane emissions within natural gas industry

LONDON -- BP, Eni, ExxonMobil, Repsol, Shell, Statoil, Total and Wintershall today committed to further reduce methane emissions from the natural gas assets they operate around the world. Th.........

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22 2017-11

Oil prices drop ahead of OPEC meeting

NEW YORK, Nov. 20 (Xinhua) -- Oil prices declined on Monday as investors became cautious ahead of an OPEC (Organization of the Petroleum Exporting Countries) meeting next week. The West Texa.........

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21 2017-11

Oil prices jump but post weekly losses

NEW YORK, Nov. 17 (Xinhua) -- Oil prices rebounded on Friday, but posted weekly losses amid concerns about oversupply. The West Texas Intermediate for December delivery was up 1.41 U.S. doll.........

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20 2017-11

Oil short-sellers return as doubts loom on OPEC's horizon

NEW YORK (Bloomberg) --Short-selling is rearing its head in the oil marketagain. After bullish bets on Brent crude hit a record and futures surged to two-year highs, hedge funds are pulling .........

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