The Annual petroleum and Petrochemical Safety Production Event
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Beijing International Petroleum and Petrochemical Safety Production Exhibition

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BEIJING,CHINA

March 26-28,2026

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Industry News
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02 2019-07

Marathon Oil closes on sale of its UK business

HOUSTON -- Marathon Oil Corporation (NYSE: MRO) announced today the company has closed on the sale of its UK business, which consists of the Brae area fields and Foinaven, to RockRose Energy.........

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26 2019-06

Why oil's outlook could be even bleaker than expected

SINGAPORE and BEIJING (Bloomberg) -- As storm clouds gather over the worlds top oil-consuming region, OPEC and its allies would be advised to pay close attention as they prepare to make a ke.........

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30 2019-05

Shell continues South African oil expansion with second deal

JOHANNESBURG (Bloomberg) -- Months after a major discovery by Total SA boosted the countrys hydrocarbon prospects, Royal Dutch Shell Plc is planning to acquire an oil-block stake in a second.........

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10 2019-05

Iranian crude shipments slump as U.S. oil sanctions bite deeper

LONDON (Bloomberg) -- Irans oil shipments tumbled this month after the U.S. ended sanctions waivers that allowed eight governments to buy from the Persian Gulf country. So far, not a single .........

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09 2019-05

Saudis willing to meet all orders from ex-Iran oil buyers

DUBAI (Bloomberg) -- If you have had to stop buying oil from Iran, Saudi Arabia has you covered, for June, anyway. The worlds biggest oil exporter has received moderate requests from custome.........

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07 2019-05

Activist investor urges Carrizo Oil & Gas to sell

NEW YORK (Bloomberg) -- Activist investor Lion Point Capital has built a position in Carrizo Oil Gas Inc. and wants the driller to explore a sale or merger with another Permian explorer to g.........

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05 2019-05

Equinor profit beats estimates as oil output tops prediction

OSLO (Bloomberg) -- Norways Equinor beat profit and cash-flow estimates after pumping more oil and gas than predicted. First-quarter results at the state-controlled producer cap a mixed seri.........

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26 2019-04

Nigeria plans to double crude oil production, triple refining in bid for self-reliance

ABUJA (Bloomberg) -- Nigeria plans to almost double oil production and triple its refining capacity by 2025, reviving previous pledges for the countrys oil independence. The OPEC member is l.........

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24 2019-04

Lukoil reaches 100 MMt of oil at West Qurna-2 field

IRAQ -- Cumulative production at the West Qurna-2 field has reached 100 MMt of oil as part of successful implementation of Phase 1 of the project. With 184 wells drilled at the field, the av.........

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23 2019-04

OPEC+ oil cuts jeoperdized by Iran waiver termination

CAIRO (Bloomberg) -- As the U.S. ends waivers that let countries buy Iranian crude, this threatens to squeeze oil supplies in an already tight market. The decision may also jeopardize the de.........

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22 2019-04

CNPC overseas equity oil, gas output up 10% in first-quarter 2019

BEIJING (Xinhua) -- Overseas equity of oil and gas production of China National Petroleum Corporation (CNPC) rose 10% year over year in the first-quarter 2019. Production came in at 26.09 mi.........

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19 2019-04

Four Designed Zones of cippe2019 Shanghai for Your Business

The 11th Shanghai International Petrochemical Technology and Equipment Exhibition (cippe2019 Shanghai), the leading petrochemical event in Asia, will take place at Shanghai New International.........

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18 2019-04

South Sudan reignites dormant blocks to boost oil production

JOHANNESBURG (Bloomberg) -- South Sudan plans to increase oil production by using blocks that were shut-in due to civil war, according to the nations oil minister. The country aims to reach .........

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17 2019-04

Wildcatter Floyd Wilson launches Falconer Oil and Gas Corp.

HOUSTON (Bloomberg) -- Legendary wildcatter Floyd Wilson is back with his ninth or tenth oil company, after his departure from Halcon Resources Corp. Falconer Oil and Gas Corp., a Houston-ba.........

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16 2019-04

Oil retreats after longest run of weekly gains in three years

LONDON (Bloomberg) -- Oil retreated in New York after its longest run of weekly gains in three years, as traders and investors awaited more clarity on the strength of the global economy and .........

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