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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
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15 2017-06

Cyprus supports Lebanon in disputed oil blocks with Israel

Lebanons Energy and Water Minister Cesar Abou Khalil speaks during the thirdLebanonInternationalOiland Gas Summit in Beirut,LebanonMay 9, 2017. (Xinhua/Reuters Photo) BEIRUT, June 13 (Xinhua.........

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14 2017-06

Oil prices rebound on signs of inventory declines

NEW YORK, June 12 (Xinhua) -- Oil prices settled higher Monday on signs of U.S. stockpile declines. The West Texas Intermediate for July delivery rose 0.25 U.S. dollar to settle at 46.08 dol.........

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13 2017-06

Russia's economy recovers despite sanctions, low oil prices: central bank chief

MOSCOW, June 9 (Xinhua) -- Russias economy has recovered despite Western sanctions and low oil prices, Russian central bank governor Elvira Nabiullina said Friday. The Russian economy has be.........

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12 2017-06

Oil prices rebound as traders buy dip

NEW YORK, June 9 (Xinhua) -- Oil prices settled mildly higher Friday as investors bought the dip after previous two-days sharp declines. The West Texas Intermediate for July delivery increas.........

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09 2017-06

Oil spots of missing Myanmar military airplane found at sea: defense office

YANGON, June 8 (Xinhua) -- Some oil spots of the missing Myanmar military airplane have been found at a sea area, according to a release of the Defense Services Office on Thursday. The oil s.........

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08 2017-06

Oil prices rebound ahead of U.S. inventory data

NEW YORK, June 6 (Xinhua) -- Oil prices rallied Tuesday as investors bet that official data scheduled for release Wednesday will show a ninth straight weekly decline in U.S. crude stockpiles.........

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07 2017-06

Oil prices drop amid geopolitical tensions

NEW YORK, June 5 (Xinhua) -- Oil prices settled lower Monday as geopolitical tensions in the Middle East raised market concerns. The West Texas Intermediate for July delivery lost 0.26 U.S. .........

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06 2017-06

Exxon Mobil acquires exploration acreage in Equatorial Guinea

IRVING, Texas -- Exxon Mobil Corporation has announced that its wholly owned affiliate, Exploration and Production Equatorial Guinea (Deepwater) Ltd., has signed a production sharing contrac.........

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05 2017-06

Vietnam to intensify oil, gas and mining to meet growth target

HANOI, June 2 (Xinhua) -- Vietnam will further tap oil, gas, coal and other minerals to help realize its economic growth of 6.7 percent set for this year, the countrys Ministry of Industry a.........

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02 2017-06

Americans are doing everything they can to drain oil inventories

HOUSTON (Bloomberg) --Theres a loud sucking sound coming from the depths of oil storage tanks across the United States. The combined effort of American drivers, gung-ho refiners and exporter.........

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01 2017-06

Iran's non-oil GDP rises by 6.3 pct in strong rebound

TEHRAN, May 31 (Xinhua) -- Irans non-oil gross domestic product (GDP) has shown 6.3 percent growth during the past Iranian calendar year (March 2016-March 2017), the Statistical Center of Ir.........

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31 2017-05

China receives first oil from Myanmar pipeline

A staff member inspects China-Myanmar crude oil pipeline in Ruili, southwest Chinas Yunnan Province, May 19, 2017. The first crude oil from Myanmar has reached China via the China-Myanmar cr.........

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27 2017-05

Saudis take aim at swollen U.S. oil stockpiles in strategy shift

LONDON and KUWAIT (Bloomberg) --After sparing its prized U.S. market from oil-output cuts, Saudi Arabia plans tomarkedly reduce exports to its political ally in the coming weeks in an effort.........

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26 2017-05

Nigerian Senate passes delayed oil industry governance bill

ABUJA (Bloomberg) --Nigerian senators passed a bill to reform the countrys oil and gas industry almost a decade after it was first proposed to lawmakers, Senate President Bukola Saraki said..........

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25 2017-05

Malaysian plantation minister expects more palm oil export to China

PUTRAJAYA, Malaysia, May 17 (Xinhua) -- Malaysias Plantation and Commodities Minister Mah Siew Keong said on Wednesday that he expects palm oil export to China to further increase this year..........

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