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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

ufi

BEIJING, China

March 26-28,2025

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Industry News
The following is the news list page
19 2016-04

Saudi's other warning makes oil traders sweat after Doha failure

LONDON (Bloomberg) -- After his comments thwarted supply negotiations in Doha, oil traders are weighing another implied warning from the Saudi deputy crown prince: the threat of an intensify.........

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18 2016-04

Saudi prince says he could add a million barrels immediately

DIRIYAH, Saudi Arabia (Bloomberg) -- Saudi Arabia could raise crude production by more than a million barrels a day immediately, said the kingdoms Deputy Crown Prince, as he reiterated the n.........

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14 2016-04

Oil can top $50 with production freeze deal, Bank of America says

CHARLOTTE, North Carolina (Bloomberg) -- Oil prices can climb above $50/bbl if an output freeze deal is struck in Doha this weekend, according to Bank of America Corp. A flat output profile .........

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13 2016-04

Oil producers risk severe impact on prices if freeze deal fails

LONDON (Bloomberg) -- The early success of an oil supply accord between OPEC and Russia in reviving crude prices is magnifying the potential costs of failure if producers meeting this weeken.........

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12 2016-04

Kuwait targets oil output at 43-year high as freeze talks loom

KUWAIT CITY (Bloomberg) -- Kuwait Oil Co. will soon offer contracts for offshore rigs and support services to drill its first undersea wells as the Persian Gulf nation tries to boost crude o.........

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11 2016-04

Reports of oil rally's death premature as inventories decline

NEW YORK (Bloomberg) -- Hedge funds betting that oils rally was over missed an 11% gain after U.S. crude inventories unexpectedly fell. Short positions in West Texas Intermediate crude jumpe.........

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08 2016-04

Oil and gas capital spending set for record drop in Canada

OTTAWA (Bloomberg) -- Canadas oil and gas companies will slash investments by 35% in 2016, a record two-year decline that underscores a need for new pipelines, the industrys main advocacy gr.........

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07 2016-04

Oil surges as crude supply unexpectedly drops from 86-year high

NEW YORK (Bloomberg) -- Oil climbed after U.S. crude inventories unexpectedly dropped from the highest level in more than eight decades. Futures rose the most in three weeks in New York. Cru.........

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06 2016-04

Inpex sees $606 million in writedowns amid oil rout

TOKYO (Bloomberg) -- Inpex Corp., Japans biggest oil and gas explorer, expects to book $606 million in impairment charges for the year just ended, following the collapse in oil and gas price.........

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05 2016-04

Oil falls to one-month low as Saudis link output freeze to Iran

LONDON (Bloomberg) -- Oil dropped to a one-month low after Saudi Arabias deputy crown prince said his country will freeze output only if Iran follows suit, putting in doubt the prospects of .........

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01 2016-04

India open to U.S. imports in effort to diversify sources

NEW DELHI (Bloomberg) -- India is open to buying crude from the worlds newest exporters, including the U.S., as it attempts to diversify its supply sources. The worlds fourth-biggest oil con.........

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28 2016-03

China seen sustaining strong crude imports

SHANGHAI (Bloomberg) -- Chinas crude imports will rise further from a record this year to feed its expanding refining sector and strategic reserves, according to Standard Chartered Bank. The.........

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25 2016-03

OFSCap acquires The Oil and Gas Asset Clearinghouse

HOUSTON -- OFSCap, LLC, today announced that its affiliate, OFSCap Acquisition, LLC, has acquired The Oil and Gas Asset Clearinghouse from CenterGate Capital. Clearinghouse markets oil and g.........

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24 2016-03

Oil price declines as U.S. crude stockpile gain adds to glut

WASHINGTON, D.C. (Bloomberg) -- Oil maintained its decline after a U.S. government report showed rising crude stockpiles kept supplies at the highest level in more than eight decades. Crude .........

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23 2016-03

Liebherr to deliver crane for Lukoil's Caspian Sea operations

ROSTOCK, Germany -- Liebherr-Russland and Lukoil-Nizhnevolzhskneft have signed a new contract for the delivery of a Liebherr RL 1500-30 EX Litronic offshore crane, which is to start operatio.........

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