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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
14 2015-09

GE, Statoil sign subsea exploration wellhead frame agreement

ABERDEEN, United Kingdom -- GE Oil Gas has been awarded a four-year framework agreement to provide wellhead equipment and associated services to Statoil with the option of two, two-year exte.........

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11 2015-09

Shale producers clobbered by oil rout face added Iran supply

NEW YORK (Bloomberg) -- Shale oil producers already awash in a supply glut face added crude as early as next year after an agreement to ease sanctions on Iran cleared a Senate obstacle. A Se.........

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10 2015-09

Citigroup sees U.S. oil output losing 500,000 bpd

NEW YORK (Bloomberg) -- A funding squeeze threatens to cut U.S. oil output by as much as half a million barrels a day by the end of the year, with shale producers among the worst affected, C.........

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09 2015-09

What investors need to know about Israel's natural gas market

TEL AVIV, Israel (Bloomberg) -- Israels parliament on Monday approved a framework to regulate its natural gas industry, eight days after the discovery of a field in Egyptian waters damped ex.........

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08 2015-09

Oil extends decline as Russia rules out deal with OPEC on output

LONDON(Bloomberg)--OildeclinedforaseconddayafteranotherRussianofficialruledoutcooperationonproductioncutswithOPEC,addingtosignsthataglobaloversupplywillpersist. Brentlostasmuchas4.3%inLondon.........

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07 2015-09

Oil industry slashes lobbying spending amid downturn

NEW YORK (Bloomberg Politics) -- As Americans preparing for Labor Day weekend trips enjoy low gas prices, they might not fail to appreciate another effect of the plummeting price of oil. It .........

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06 2015-09

Oil discovery in northern part of the North Sea

STAVANGER, Norway -- Statoil Petroleum AS, operator of production licence 104, has concluded the drilling of wildcat well 30/9-27 S. The well was drilled around 7 km west of the Oseberg Sr-f.........

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31 2015-08

Oman considers importing LNG as domestic gas use surges

DUBAI (Bloomberg) -- Oman may start importing to meet surging domestic energy demand, according to two people with knowledge of the matter, a shift in trade that would make it the fourth Ara.........

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21 2015-08

Israeli gas finds up for grabs as government prepares sales

CALEV BEN-DAVID and SHOSHANNA SOLOMON TEL AVIV (Bloomberg) -- Israel moved one step closer to selling stakes worth billions of dollars in its offshore natural gas fields after the Cabinet ap.........

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20 2015-08

U.S. shale operators may be the new swing producers

PARIS -- The emergence of shale technology, particularly in the U.S., is dramatically challenging the conventional rules of the global oil markets, according to Olivier Appert, president of .........

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19 2015-08

New onshore oil and gas blocks to be offered

LONDON -- The Oil Gas Authority (OGA) announced today that 27 onshore blocks from the 14th Onshore Oil and Gas Licensing Round will be formally offered to companies. A second group of 132 fu.........

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18 2015-08

Alberta limits oil-sands water use as province faces dry spell

JEREMY VAN LOON CALGARY (Bloomberg) -- Albertas energy regulator restricted applications by oil and natural gas operators to withdraw water from the Athabasca River amid dry conditions in th.........

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17 2015-08

Oil prices dip as dollar strength adds to glut fears

Crude prices slid on Thursday as early optimism gave way under the weight of a climbing U.S. dollar and a persistent global overhang of physical oil. The greenback rose on Thursday afternoon.........

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14 2015-08

Oil prices rise amid more China imports

It bought two cargoes of Basrah Light crude oil from Iraq over the last two months to half fill the Visakhapatnam underground cavern that can hold as much as 9.75 million barrels of oil, Ind.........

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13 2015-08

Yanchang Petroleum Group to build 100 gas stations

Shaanxi Yanchang Petroleum Group Co Ltd plans to build 100 gas stations in Shaanxi province this year. The fourth largest oil company in China will expand its sales network in the province i.........

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