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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
16 2017-10

OPEC sees 'healthy' oil demand growth to 2022

KUWAIT (Bloomberg) --Oil demand will grow at a healthy pace over the next five years as renewables show the fastest expansion of any type of energy, the head of the Organization of Petroleum.........

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13 2017-10

Optum Energy Solutions enters pipeline drag reducer market

HOUSTON -- Optum Energy Solutions has entered the pipeline drag reducer market as a major manufacturer and full service supplier. Flow Optimizer is Optums new, water-based DRA technology, de.........

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12 2017-10

Gazprom Neft partnership developing Russia's first integrated IT platform for seismic data

MOSCOW -- Specialists from the Gazprom Neft Science and Technology Centre, inpartnership with Yandex Terra (LLCSeysmotek), Pangea PJSC and the Moscow Institute ofPhysics and Technology (MIPT.........

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11 2017-10

GEODynamics consolidates reactive perforating technology IP

FORT WORTH, Texas -- GEODynamics, Inc. announced today it finalized payments of all future royalties to QinetiQ Group, PLC toward the portfolio of U.S. and international patents related to r.........

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10 2017-10

Oilfield service companies form Well Performance Network

HOUSTON -- A new micro-alliance between multiple technology-driven service companies, collectively called the Well Performance Network (WPN), launched today, to revolutionize well constructi.........

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09 2017-10

Oil posts biggest weekly drop since May, storm concerns ease

NEW YORK (Bloomberg) --Oil took a downward turn as concerns eased about Tropical Storm Nates threat to offshore crude platforms and coastal refineries while prices broke through a key techni.........

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30 2017-09

Oil prices retreat from recent gains

NEW YORK, Sept. 28 (Xinhua) -- Oil prices fell on Thursday after gaining sharply in the past two weeks. The West Texas Intermediate for November Delivery dropped 58 U.S. cents to settle at 5.........

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29 2017-09

Shale drillers, oil sands producers need crude above $50/bbl for boom to last

CALGARY (Bloomberg) --Shale drillers and oil sands producers have posted some healthy profits so far this year, but itll take oil consistently above $50/bbl for their investments to pay off .........

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28 2017-09

Oil prices fall on profit-taking

NEW YORK, Sept. 26 (Xinhua) -- Oil prices declined on Tuesday as investors took profits from recent rally. The West Texas Intermediate for November Delivery lost 34 U.S. cents to settle at 5.........

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27 2017-09

Oil rally puts bulls on top, but $60-plus oil could be tough to sustain

LONDON and SINGAPORE (Bloomberg) --Oil bulls are back in the drivers seat with $60/bbl in sight, but it could be a short ride. OPEC and Russia are cutting output deeper than ever, demand is .........

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26 2017-09

Block Energy acquires 100% interest of two fields in Georgia

LONDON -- Block Energy, an exploration and production company focused on the Republic of Georgia, has announced that it has agreed to acquire the outstanding 31% working interest in, and to .........

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25 2017-09

Transocean retires six floaters

ZUG, Switzerland -- Transocean announced today its intent to retire the ultra-deepwater floaters GSF Jack Ryan , Sedco Energy , Sedco Express , Cajun Express , and Deepwater Pathfinder , and.........

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22 2017-09

IPAA responds to dismissal of hydraulic fracturing rule case

WASHINGTON, D.C. -- Independent Petroleum Association of America (IPAA) President and CEO Barry Russell issued a statement in response to a U.S. appeals courts dismissal of a hydraulic fract.........

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21 2017-09

Oil prices waver as oil refineries restart

NEW YORK, Sept. 18 (Xinhua) -- Oil prices settled mixed on Monday as oil demand is seen decreasing with refiners set to begin seasonal maintenance. The West Texas Intermediate for October de.........

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20 2017-09

BNK Petroleum commences Brock 9-2H well fracture stimulation in Oklahoma

CAMARILLO, California -- BNK Petroleum Inc. has announced that fracture stimulation completion operations on the previously drilled Brock 9-2H well have commenced. The fracture stimulation i.........

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