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        The Annual Equipment of Pipeline and Oil &Gas Storage and Transportation Event
        logo

        The 26thBeijing International Exhibition on Equipment of Pipeline and Oil & Gas Storage and Transportation

        ufi

        BEIJING, China

        March 26-28,2026

        LOCATION:HOME> News> Industry News
        Industry News
        The following is the news list page
        03 2020-09

        Oil prices fall on lower U.S. refinery demand projections

        NEW YORK (Bloomberg) --Oil tumbled to the lowest level in more than a week with the expectation that refinery demand for crude will weaken in the fall and as investors sought refuge in a str.........

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        27 2020-08

        Transforming the Petroleum Industry through Technological Innovation and Invention

        2020 International Petroleum and Petrochemical Technology Conference (IPPTC) will be held during 26-28 August, 2020 at Shanghai, China. At the same time, IPPTC will be equipped with the 20th.........

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        24 2020-08

        China charters 19 tankers for record U.S. crude oil shipment

        NEW YORK (Bloomberg) --U.S. oil exports to China are set to reach a record next month in a sign that Beijing is stepping up purchases to meet its commitments under a landmark trade deal reac.........

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        18 2020-08

        OPEC+ tries to balance market share gains with weak oil demand

        LONDON (Bloomberg) - OPEC and its allies have achieved the oil-market equivalent of a high-wire act: increasing supply even as demand remains depleted, without crashing prices. Whether they .........

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        14 2020-08

        Bleak air travel forecasts lead IEA to lower oil demand projections

        LONDON (Bloomberg) --The International Energy Agency cut forecasts for global oil demand as air travel suffers from the coronavirus crisis even more than previously expected. The IEA reduced.........

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        04 2020-08

        Oil tests $40 as OPEC’s extra barrels loom on the horizon

        SINGAPORE (Bloomberg) --Oil edged below $40 a barrel as OPEC+ producers started supplying more crude to a global market where many countries are still struggling to contain the coronavirus. .........

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        03 2020-08

        OPEC+ plans to pump more crude into a precarious global oil market

        LONDON (Bloomberg) - From quiet skies over Europe to sparse traffic in Americas biggest cities, a recovery in global oil demand is faltering amid the resurgence in coronavirus. That poses a .........

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        20 2020-07

        Ecopetrol revises 2020 capital plan upwards on signs of oil market recovery

        BOGOTA - Ecopetrol S.A. reports that the Board of Directors approved a new organic investment plan for the Ecopetrol Group (GE) with an estimated amount between US $3 $3.4 billion by 2020. T.........

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        15 2020-07

        Oil prices stabilize as OPEC compliance eases U.S. demand fears

        NEW YORK (Bloomberg) --Crude futures in New York rose in tandem with a broader recovery in equities markets, as initial signs that OPEC members intend to comply with promised oil-production .........

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        09 2020-06

        Second Libyan oil field restarts, potentially complicating OPEC+ deal

        CAIRO (Bloomberg) --Libya took another step toward reviving its moribund oil industry by restarting production at a second important field after a five-month halt. Pumping began on Sunday at.........

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        05 2020-06

        Oil price slide continues on OPEC+ strife, questionable demand data

        SINGAPORE (Bloomberg) - Oil retreated from a three-month high as OPEC+ unity was threatened by a long-running feud over complying with production cutbacks, while U.S. data cast doubt on the .........

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        03 2020-06

        Shale’s reawakening begins as oil holds above $30

        HOUSTON (Bloomberg) - Early signs of a shale rebound are becoming evident as crude prices emerge from their dramatic collapse earlier this year. EOG Resources Inc., Americas largest shale-fo.........

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        01 2020-06

        Saudis focus oil shipments on China during production cuts

        LONDON (Bloomberg) --An early look at Saudi Arabias crude exports for May shows that historic production cuts have done little to squelch the kingdoms flood of oil to China, which is just ge.........

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        28 2020-05

        Ghana reconsiders oil’s role in its economy as prices fall

        ACCRA (Bloomberg) - The global slump in crude prices is giving Ghana a chance to rethink its dependence on a sector that was its key driver of economic growth in recent years. Hit by the dou.........

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        27 2020-05

        Oil prices climb on prediction of swift demand rebalance

        SINGAPORE (Bloomberg) - Oil rose above $34/bbl, following a prediction from Russia that the market may rebalance as early as next month due to historic output cuts from global producers. Rus.........

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