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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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17 2017-11

Oil prices decline on oversupply concerns

NEW YORK, Nov. 16 (Xinhua) -- Oil prices declined on Thursday as investors were concerned about lingering. The West Texas Intermediate for December delivery was down 19 U.S. cents to settle .........

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16 2017-11

Oil prices drop on global demand outlook

NEW YORK, Nov. 14 (Xinhua) -- Oil prices declined on Tuesday after a report showing downward global demand raises concerns. The West Texas Intermediate for December delivery was down 1.06 U..........

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15 2017-11

Oil prices mixed amid geopolitical tension

NEW YORK, Nov. 13 (Xinhua) -- Oil prices settled mixed on Monday as geopolitical tension in Middle East offsets rising U.S. output. The West Texas Intermediate for December delivery was up 0.........

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14 2017-11

Hess Corp. issues statement on impact from incident at Shell Enchilada platform

NEW YORK -- Hess Corporation has released a statement about the impact on its operations resulting from a fire at the Shell Enchilada platform in the Gulf of Mexico. Shell advised in a state.........

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13 2017-11

Venezuelan oil output heads to 29-year low as cash crunch grows

HOUSTON and NEW YORK (Bloomberg) --Venezuela is set to pump the least oil in almost three decades, just when it needs petrodollars the most. Output is expected to slump to 1.84 MMbpd next ye.........

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10 2017-11

Oil prices decrease after solid gains

NEW YORK, Nov. 7 (Xinhua) -- Oil prices eased on Tuesday, after both U.S. crude and Brent posted solid gains in the previous session. The West Texas Intermediate for December delivery ticked.........

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09 2017-11

Abrado expands into Africa with opening of new partner operations base

HOUSTON -- Abrado Wellbore Services, a multi-string section milling and wellbore clean-out specialist company, has secured its first projects in the West Africa region. The work follows agre.........

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08 2017-11

TransCanada eyeing new names that lose "Canada"

CALGARY and NEW YORK (Bloomberg) --TransCanada Corp., which diversified heavily into the U.S. with its $10.2-billion Columbia Pipeline Group Inc. acquisition last year, is seeking trademarks.........

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07 2017-11

Oil prices surge after Saudi Arabia's anticorruption crackdown

NEW YORK, Nov. 6 (Xinhua) -- Oil prices rallied on Monday, after Saudi Arabia arrested 11 princes and 38 sitting and former ministers and deputy ministers over corruption charges. The West T.........

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06 2017-11

IEA welcomes Greece's progress with energy sector reform

ATHENS -- Greece has made noticeable progress with its energy-sector reforms in recent years. The country moved forward on plans to restructure state-owned companies and liberalize electrici.........

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03 2017-11

Petrobras begins negotiation with BP towards strategic alliance

RIO DE JANEIRO -- Petrobras announced that it has signed a Letter Of Intent (LOI) with BP to jointly identify and evaluate business opportunities involving assets or ventures in Brazil and a.........

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02 2017-11

New standards for transport, storage of carbon dioxide announced

STAVANGER -- Two international standards for storage and transport of carbon dioxide (CO2) will be launched today. The standards were developed by experts from 16 countries. The Norwegian Pe.........

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01 2017-11

Mexico outlay jumps 21% to $1.25 billion for biggest oil hedge

MEXICO CITY (Bloomberg) --Mexico spent about 24 billion pesos ($1.25 billion) to lock in prices of oil exports for next year, or more than 21% what it paid to hedge crude a year ago, accordi.........

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31 2017-10

Nalcor Energy issues request for proposals for future use of Bull Arm Fabrication Site

ST. JOHNS -- As part of its planning for the future use of the Bull Arm Fabrication Site, Nalcor Energy issued a request for proposals (RFP) today to identify the next potential tenant(s) to.........

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30 2017-10

Shell expands pre-salt growth in deepwater Brazil with winning bids

THE HAGUE -- Royal Dutch Shell plc (Shell) and its partners won today three, 35-year production sharing contracts for pre-salt blocks located in the Santos basin, offshore Brazil. Shell will.........

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