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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

LOCATION:HOME> News> Industry News
Industry News
The following is the news list page
02 2016-06

Oil pares losses on report OPEC to consider new output ceiling

NEW YORK (Bloomberg) -- Oil pared declines following a report that OPEC may consider a new production ceiling at Thursdays meeting. Futures rebounded after Reuters cited four sources as sayi.........

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01 2016-06

Petrobras names new CEO and board member

RIO DE JANEIRO -- Petrobras has annouced the resignation of Aldemir Bendine from Petrobras board member and CEO positions. In light of the resignation presented, the board of directors held .........

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31 2016-05

Oil pessimists exit market as supplies seen closer to balance

NEW YORK (Bloomberg) -- The oil market doomsayers are beginning to capitulate. Speculators reduced bets on falling prices to the lowest level in 11 months as oil briefly breached $50/bbl on .........

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30 2016-05

Oil states expected to stick with Saudis: OPEC reality check

VIENNA, Austria (Bloomberg) -- OPEC members gathering in Vienna June 2 are expected to go along with a Saudi Arabia-led policy focused on squeezing out rivals amid signs the strategy is work.........

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27 2016-05

Oil’s brief $50 breach doesn’t mean much unless it sticks around

NEW YORK and LONDON (Bloomberg) -- For the oil industry, $50/bbl is a nice start. The big question is what comes next. Crude prices in New York and London briefly breached that long-anticipa.........

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26 2016-05

Oil climbs to seven-month high as U.S. crude supply, output decline

NEW YORK (Bloomberg) -- Oil rose to the highest level in more than seven months in New York, after a government report showed that U.S. crude inventories and production declined, easing a gl.........

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25 2016-05

Oil’s recovery under threat as tankers run in circles off China

BEIJING (Bloomberg) -- In late February, the tanker Jag Lok loaded oil from Equatorial Guinea in western Africa and set sail for the Chinese port of Qingdao, the gateway to the worlds newest.........

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24 2016-05

OPEC set for another meeting with no deal after Doha failure

VIENNA, Austria (Bloomberg) -- After failing to reach an accord on oil supply in Doha last month, OPEC is poised to go another meeting with no agreement on how much crude to produce. All but.........

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23 2016-05

Total, Oil Search divvy InterOil assets in $2.2-billion deal

PARIS (Bloomberg) -- Total and Oil Search will divide the Papua New Guinea assets of InterOil Corp. in a two-step deal as global energy companies seek to expand the Pacific nations LNG expor.........

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20 2016-05

Oil rally seen having more to go as millions of barrels are lost

MELBOURNE, Australia (Bloomberg) -- Oil prices are yet to reflect all of the millions of barrels of crude lost to supply disruptions, according to Australia New Zealand Banking Group Ltd. Al.........

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19 2016-05

Oil extends drop as unexpected stockpile gain expands U.S. glut

NEW YORK (Bloomberg) -- Oil extended its decline for a second day as U.S. crude stockpiles unexpectedly increased, keeping supplies at the most in more than eight decades. Futures slid as mu.........

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18 2016-05

Oil rises to seven-month high as supply losses tame surplus

NEW YORK (Bloomberg) -- Oil hit a seven-month high on speculation that U.S. crude stockpiles declined last week while supply losses in Canada and Nigeria whittled away the global excess. Wes.........

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17 2016-05

Oil rises to six-month high as Goldman sees demand above output

NEW YORK (Bloomberg) -- Oil rose to a six-month high as Goldman Sachs Group Inc. said the market moved into a deficit earlier than expected following supply disruptions in Nigeria and an inc.........

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16 2016-05

The Oil & Gas Asset Clearinghouse expands into Mexico

HOUSTON -- OFSCap, LLC, has announced that its affiliate The Oil Gas Asset Clearinghouse is expanding its presence into Mexico. Clearinghouse and OFSCap will jointly offer advisory services .........

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13 2016-05

Iran's speedy oil revival unlikely to mean change in OPEC stance

DUBAI (Bloomberg) -- Irans success in boosting crude output to the most since late 2011 is no incentive for it to join OPEC partners in curbing production to shore up prices. With crude rall.........

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