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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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13 2016-10

Shell North Sea sale said to draw Ineos, Siccar Point bids

LONDON (Bloomberg) -- Royal Dutch Shell has invited binding bids from parties including Ineos AG and Blackstone Group LP-backed Siccar Point Energy for the sale of some of its UK North Sea a.........

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12 2016-10

Weekly Fund Flows:Oil lubricates EM pipe flows

A week dominated by taper and OPEC talk saw fund investors desert DMequities, moving into oil-sensitive EM mandates and HY funds. DM equityredemptions were the highest since end-July as DM E.........

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12 2016-10

Oil Services &Equipment:Thoughts from the Road

Weve spent the past month crisscrossing the U.S. meeting with investors andwould like to share our perspective on the state of the oil services investors mind.While we argue the surprise OPE.........

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09 2016-09

Four scenarios for oil producers as they seek to boost prices

LONDON (Bloomberg) -- A meeting in Algiers at the end of September between OPEC and Russiawhich together pump more than half the worlds oilhas raised expectations that a deal could be struck.........

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08 2016-09

GE Oil & Gas inks FPSO agreement with MODEC

LONDON -- GE Oil Gas has signed a major agreement with MODEC, an owner/operator and EPCI general contractor of floating production systems, to supply and service gas turbines for FPSOs in Br.........

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07 2016-09

Oil-market rescue seen no nearer amid Saudi-Russia ‘lip service’

LONDON (Bloomberg) -- An international agreement to cap crude-oil output in a way that would restrict actual supply and support prices looks no nearer after the two largest producers pledged.........

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06 2016-09

Iran’s ready to pump more as OPEC faces ‘prisoner’s dilemma’

SINGAPORE (Bloomberg) -- As speculation swirls over whether oil producers will reach a deal to coordinate output and aid a recovery in prices, Iran says its ready to pump more. The OPEC memb.........

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05 2016-09

Stable oil price requires Saudi, Russian cooperation, prince says

HANGZHOU, China (Bloomberg) -- Global oil-market stability is impossible without the cooperation of Russia and Saudi Arabia, the worlds biggest crude producers, the kingdoms influential depu.........

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02 2016-09

Worst is over for oil as investment at risk, IHS’s Yergin says

STAVANGER, Norway (Bloomberg) -- The worst has passed for oil prices, which are now too low to ensure investment in the new supplies needed during the rest of the decade, IHS Markit Ltd.s Vi.........

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01 2016-09

Mystery of oil held on Chinese islands puzzles crude markets

From underground caverns by the Yellow Sea to a scattering of islands in the Yangtze River delta, the government has been stockpiling crude for emergencies in a network of storage sites dott.........

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31 2016-08

Shell says while gas is the future, it won’t be traded like oil

STAVANGER, Norway (Bloomberg) -- Natural gas is rapidly becoming one of the most traded global commodities, but that doesnt mean it will have a global price, according to Royal Dutch Shell. .........

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30 2016-08

Oil pessimists exit as OPEC cap talk spurs bets glut easing

NEW YORK (Bloomberg) -- Oil investors are turning the car around. For a second week, money managers slashed bets on falling prices by a record and boosted wagers on a rally. Futures have cli.........

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29 2016-08

If you're betting on an OPEC freeze, don't ignore Iraq: Column

NEW YORK (Bloomberg Gadfly) -- When the OPEC nations last met with Russia to agree an output freeze, back in April, it was Saudi Arabia that shot down the deal -- refusing to take part witho.........

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26 2016-08

Saudi oil minister sees output freeze as ‘positive’

LOS ANGELES (Bloomberg) -- Saudi Arabias energy minister said an oil-output freeze would be positive if it happens, while ruling out a cut in production. Irans oil minister became the latest.........

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25 2016-08

Oil drops as industry data signal U.S. crude stockpiles rising

NEW YORK (Bloomberg) -- Oil resumed its drop after industry data showed U.S. stockpiles rose, keeping inventories at the highest seasonal level in at least 30 years as peak summer demand in .........

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