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Beijing International Petroleum and Petrochemical Safety Production Exhibition

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March 26-28,2026

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Industry News
The following is the news list page
19 2018-09

Equinor granted drilling permit for wildcat, west of Atlantis discovery

STAVANGER -- The Norwegian Petroleum Directorate (NPD) has granted Equinor Energy AS a drilling permit for well 7324/3-1, cf. Section 15 of the Resource Management Regulations. Well 7324/3-1.........

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18 2018-09

OPEC sees need to keep oil supply deal as demand faces headwinds

DUBAI (Bloomberg) -- OPEC needs to keep working with other oil producers to manage global supplies as demand for crude faces headwinds, the head of the organization said. The historic supply.........

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17 2018-09

Tale of two oil markets: Brent bulls split from U.S. optimists

NEW YORK (Bloomberg) --For oil investors, this is both the best of times and the worst of times, depending on which crude benchmark you trade. While money managers pile up on bets that Brent.........

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14 2018-09

Oil declines as supply fears ease, Trump tweets on Chinese trade

NEW YORK (Bloomberg) -- Crude dropped the most in almost a month as global supply concerns receded and a demand-killing trade war intensified. Futures dropped as much as 2.8% in New York on .........

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11 2018-09

AMLO targets $3.9 billion in new oil investment

MEXICO CITY (Bloomberg) -- Mexicos next president Andres Manuel Lopez Obrador will allocate 75 billion pesos ($3.9 billion) in the budget next year to oil extraction in a bid to resuscitate .........

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07 2018-09

Growth in tight oil shakes up futures markets and hedging needs

NEW YORK (Bloomberg) -- The vibrations of the shale boom are now shaking the futures market. A visible decline in open interest of West Texas Intermediate crude futures contracts for deliver.........

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06 2018-09

African oil hunt returns as majors seek to unlock vast reserves

JOHANNESBURG (Bloomberg) -- Africa is entering the oil-hunt spotlight as drillers, flush with cash after crudes recovery, are turning their attention back to the continents potentially vast .........

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06 2018-09

Anglo African Oil & Gas reports temporary suspension of drilling at Tilapia field

LONDON -- Anglo African Oil Gas plc, an independent oil and gas developer, has announced that the company has been informed by its drilling contractor, SMP, that they have experienced a tops.........

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05 2018-09

U.S. throttles Iran oil flows to buyers who vowed resistance

SINGAPORE (Bloomberg) -- The worlds top oil buyers are discovering that U.S. sanctions on Iran will squeeze their trade flows whether they agree with America or not. It was only about three .........

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04 2018-09

Secret oil shipments could help Iran cushion U.S. sanctions blow

LONDON (Bloomberg) --Discounts, bartering and smuggling are among the tactics Iran may lean on to keep almost 800,000 bpd of its oil exports flowing after U.S. sanctions resume in November. .........

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03 2018-09

Iran's oil exports slump to 2 1/2-year low before U.S. sanctions

LONDON (Bloomberg) -- Irans oil exports are tumbling again as the countrys key buyers in Asia take fewer cargoes in the weeks before U.S. sanctions take full effect. The Persian Gulf nation .........

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31 2018-08

Crude oil advances amid signs of a tighter U.S. oil picture

NEW YORK (Bloomberg) -- Crude broke through $70/bbl for the first time in a month as shrinking stockpile levels in the U.S. combined with expectations of lower Iran exports point to tighter .........

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30 2018-08

Finalists announced for the 2018 World Oil Awards

HOUSTON --World Oiland Gulf Energy Information has announced the finalists for the 2018 World Oil Awards. For 17 years, these prestigious awards have honored the upstream energy industrys le.........

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29 2018-08

Oil has stopped dictating which direction European gas will go

LONDON (Bloomberg) -- Global oil markets have stopped being the puppet masters driving European natural gas prices. Gas is no longer as localized a commodity, only moved relatively short dis.........

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28 2018-08

South Sudan resumes output in key oil area after five-year halt

JUBA (Bloomberg) -- South Sudan restarted crude production in a key oil region almost five years after facilities were shuttered by civil war. The resumption of output in the so-called Unity.........

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