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

The 12th Beijing International Exhibition on Equipment of Pipeline and Oil &Gas Storage and Transportation



March 21-23, 2022

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Industry News
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26 2021-08

BP, PetroChina form JV to manage Iraq’s Rumaila o

LONDON (Bloomberg) - BP and PetroChina formed a joint venture to manage the giant Rumaila field in Iraq, an operating structure the British oil major has adopted in other parts of the world a......

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25 2021-08

State oil companies begin their own moves toward ca

MEXICO CITY (Bloomberg) --Pemex left investors with more questions than answers after it announced in late July that it would be disclosing its greenhouse gas emissions on a more regular basi......

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24 2021-08

Oil prices jump on stock market rebound, FDA vaccin

(Bloomberg) --Oil in New York surged by the most since April amid a broader market rebound after the longest stretch of declines in nearly two years. The U.S. crude benchmark climbed nearly 5......

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11 2021-08

Oil companies’ renewables push squeezing profitab

(Bloomberg) --The worlds largest oil companies are bidding up prices for renewable energy projects, squeezing profits from wind and solar farms just as climate planning focuses more on green ......

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09 2021-08

Natural gas prices surge as energy transition-drive

MOSCOW (Bloomberg) --The era of cheap natural gas is over, giving way to an age of far more costly energy that will create ripple effects across the global economy. Natural gas, used to gener......

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04 2021-08

Iran’s oil output growth looks less likely follow

(Bloomberg) --Irans oil comeback, already taking longer than many traders expected, will be further complicated by last weeks deadly drone attack on a tanker in the Gulf of Oman, which the U.......

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03 2021-08

Oil prices fall on declining Chinese factory output

(Bloomberg) --Oil slid by the most in a week as the fast-spreading delta variant poses a threat to demand and as data out of China signaled a slowdown. Futures in New York declined as much as......

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21 2021-07

U.S. crude oil exports reached record levels in 202

WASHINGTON - Despite volatility in global oil markets, U.S. crude oil exports reached a record high in 2020. So far this year (as of July 9, 2021), U.S. crude oil exports have averaged 3.00 m......

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19 2021-07

OPEC agrees to boost oil output in August on Saudi-

(Bloomberg) - OPEC and its allies agreed to gradually add more oil supplies to the market, ending a two-week spat between Saudi Arabia and the United Arab Emirates. The unusually public dispu......

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16 2021-07

Another day of falling oil prices as U.S. gasoline

(Bloomberg) --Oil fell for a second day after a surprise jump in U.S. gasoline stockpiles tempered signs that the American market has returned to robust health. Futures in New York slid near ......

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19 2021-04

Guyana Estimates Future Oil Production At 1 Million

Guyana has estimated its future oil production at 1 million barrels per day by 2027, from seven floating production, storage, and offloading (FPSOs) vessels in country, according to natural r......

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25 2021-02

Oil prices reach one-year high as global crude supp

(Bloomberg) --Oil surged to the highest in more than a year as the market looks ahead toward an accelerating decline in global inventories and a comeback in demand. Futures in New York climbe......

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22 2021-02

Higher oil revenue gives Putin room to challenge Ru

(Bloomberg) --Rising oil prices and a weak ruble could provide the Kremlin with as much as $33 billion in extra cash for social spending this year, giving Vladimir Putin the financial wherewi......

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02 2021-02

Oil surges on signs of a tight global crude market

(Bloomberg) --Oil surged by the most intraday in three weeks, lifted by broader market strength and optimism over demand recovering this year. Futures climbed as much as 2.4% in New York on M......

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27 2021-01

More oil and gas companies leaning into renewable e

OSLO - New research published by DNV GL finds that the oil and gas industry expects to boost investment in the energy systems of the future this year, as companies seek to transform for the l......

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