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The Annual Equipment of Pipeline and Oil &Gas Storage and Transportation Event
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The 25thBeijing International Exhibition on Equipment of Pipeline and Oil & Gas Storage and Transportation

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BEIJING, China

March 26-28,2025

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Industry News
The following is the news list page
12 2023-10

ExxonMobil increases Permian presence with $60 billion Pioneer Natural Resources all-stock

(WO) – Exxon Mobil Corporation and Pioneer Natural Resources jointly announced a definitive agreement for ExxonMobil to acquire Pioneer. The merger is an all-stock transaction valued a.........

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09 2023-10

Deepwater Executive Summit to bring offshore oil, gas industry together for shared learnin

(WO) – The Deepwater Executive Summit (DES) will bring the industry’s most active companies together for shared learning, best practices and networking. DES will take place on No.........

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30 2023-08

U.S. shale reinvestments surge at “fastest rate in three years,” Rystad report finds

(Bloomberg) – U.S. independent shale oil producers invested in output growth in the second quarter at the fastest rate in three years, a departure from the fiscal discipline that’s been th......

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18 2023-08

Skills training for local employees in Africa

By April 13, a training program had been going on for more than a month for the local staff of the terminal storage tank farm project in the East African Crude Oil Pipeline Project (EACOP)Lo.........

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24 2023-04

Halliburton Nigeria oil production facility reaches 10 MMbbl milestone

Halliburton Testing and Subsea (TSS) Nigeria is celebrating two significant milestones: an early production facility (EPF) recently processed its 10 millionth boe . Equally impressive, the t.........

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24 2023-04

ABS CEO awarded prestigious leadership award for energy transition contribution

ABS Chairman, President and CEO Christopher J. Wiernicki has been awarded the GREEN4SEA Leadership Award recognizing his industry leadership and contribution to a more sustainable industry.W.........

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04 2023-04

OPEC shows no sign of adjusting oil production at upcoming meeting

The OPEC+ coalition is showing no signs of adjusting oil production next week, staying the course amid turbulence in financial markets.blue oil barrel with OPEC logoGroup leader Saudi Arabia.........

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04 2023-04

QatarEnergy, ExxonMobil partner for two exploration licenses offshore Canada

QatarEnergy entered into a farm-in agreement with ExxonMobil Canada for two exploration licenses offshore the province of Newfoundland and Labrador in Canada.exploration platform offshore Ca.........

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04 2023-04

API: “Well past time” for Department of Interior to finalize five-year federal offshore oi

The American Petroleum Institute (API) issued the following statement on today’s offshore lease sale mandated by the Inflation Reduction Act from API Vice President of Upstream Policy .........

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03 2023-04

World's largest DP shuttle tanker built by China delivered

China National Offshore Oil Corporation announced on Friday that the world's largest DP shuttle tanker, NS Pioneer, independently designed and built in China, was officially delivered in.........

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08 2023-02

OPEC “cautiously optimistic” about oil demand amidst reopening of China

(Bloomberg) — OPEC’s top official said he sees a “more upbeat” economic outlook as China reopens after several years of virus restrictions.OPEC headquarters“The.........

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04 2023-01

U.S. Department of Energy advances MMEX Resources to final application stage for Trans Per

(WO) — MMEX Resources Corp., sponsor of the Trans Permian H2Hub announced that The U.S. Department of Energy (DOE) approved its concept paper to advance to the final application stage .........

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03 2023-01

New CEO of Petrobras to focus on energy transition

(Bloomberg) — President-elect Luiz Inacio Lula da Silva has selected a senator and former Petrobras official to lead Brazil’s state-controlled oil giant with the aim of turning i.........

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29 2022-12

World Oil’s Top Stories of 2022: 1-5

(WO) — 2022 was an enormous year for the oil and gas industry. From oil discoveries in Wyoming to Russia working around Western sanctions, there was no shortage of ground-breaking news.........

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28 2022-12

CNOOC Limited begins production on block development project offshore China

(WO) — CNOOC Limited announced on Dec. 25 that Kenli 6-1 oilfield 5-1, 5-2, 6-1 block development project commenced production.The project is in the south Bohai Sea, with an average wa.........

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