The Annual Equipment of Pipeline and Oil &Gas Storage and Transportation Event
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The 15thBeijing International Natural Gas Technology & Equipment Exhibition

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BEIJING, China

March 26-28,2025

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Industry News
The following is the news list page
02 2019-07

Marathon Oil closes on sale of its UK business

HOUSTON -- Marathon Oil Corporation (NYSE: MRO) announced today the company has closed on the sale of its UK business, which consists of the Brae area fields and Foinaven, to RockRose Energy.........

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26 2019-06

Why oil's outlook could be even bleaker than expected

SINGAPORE and BEIJING (Bloomberg) -- As storm clouds gather over the worlds top oil-consuming region, OPEC and its allies would be advised to pay close attention as they prepare to make a ke.........

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24 2019-06

Oil gains as new sanctions set to ratchet up pressure on Iran

SYDNEY (Bloomberg) -- Oil extended its rally after the U.S. said it was preparing new sanctions against Iran, further escalating tensions between the two states. Futures in New York were up .........

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17 2019-06

Oil supply to swamp demand, squeeze OPEC in 2020, IEA says

LONDON (Bloomberg) -- Global oil supplies will increase far more than demand next year with the start of a host of new projects, putting further pressure on the OPEC cartel, the Internationa.........

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11 2019-06

CNOOC to acquire 10% equity interest in Arctic LNG 2

HONG KONG --CNOOC Limited has announced that the Company and CEPR Limited, a wholly-owned subsidiary of the Company, entered into a Share Purchase Agreement with Joint Stock Company Novatek .........

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30 2019-05

Shell continues South African oil expansion with second deal

JOHANNESBURG (Bloomberg) -- Months after a major discovery by Total SA boosted the countrys hydrocarbon prospects, Royal Dutch Shell Plc is planning to acquire an oil-block stake in a second.........

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15 2019-05

The Exhibit is the Soul of an Exhibition

The exhibit, the symbolof companys power and brand, makes the visitors better and more comprehensive understand the exhibitor. Therefore, the exhibit is regarded as the soul of an exhibition.........

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14 2019-05

Saudi Arabia claims oil tankers attacked as Iran tensions rise

DUBAI (Bloomberg) -- Saudi Arabia said two of its oil tankers were attacked while sailing toward the Persian Gulf, adding to regional tensions as the U.S. increases pressure on Iran. Crude r.........

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13 2019-05

Houston Ship Channel still not safe for passage to GOM after oil spill

WASHINGTON (Bloomberg) -- The U.S. Coast Guard said on Saturday its too early to estimate when the Houston Ship Channel can reopen after a collision that spilled about 9,000 bbl of a gasolin.........

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09 2019-05

Saudis willing to meet all orders from ex-Iran oil buyers

DUBAI (Bloomberg) -- If you have had to stop buying oil from Iran, Saudi Arabia has you covered, for June, anyway. The worlds biggest oil exporter has received moderate requests from custome.........

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07 2019-05

Activist investor urges Carrizo Oil & Gas to sell

NEW YORK (Bloomberg) -- Activist investor Lion Point Capital has built a position in Carrizo Oil Gas Inc. and wants the driller to explore a sale or merger with another Permian explorer to g.........

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05 2019-05

Equinor profit beats estimates as oil output tops prediction

OSLO (Bloomberg) -- Norways Equinor beat profit and cash-flow estimates after pumping more oil and gas than predicted. First-quarter results at the state-controlled producer cap a mixed seri.........

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26 2019-04

Nigeria plans to double crude oil production, triple refining in bid for self-reliance

ABUJA (Bloomberg) -- Nigeria plans to almost double oil production and triple its refining capacity by 2025, reviving previous pledges for the countrys oil independence. The OPEC member is l.........

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23 2019-04

OPEC+ oil cuts jeoperdized by Iran waiver termination

CAIRO (Bloomberg) -- As the U.S. ends waivers that let countries buy Iranian crude, this threatens to squeeze oil supplies in an already tight market. The decision may also jeopardize the de.........

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19 2019-04

Four Designed Zones of cippe2019 Shanghai for Your Business

The 11th Shanghai International Petrochemical Technology and Equipment Exhibition (cippe2019 Shanghai), the leading petrochemical event in Asia, will take place at Shanghai New International.........

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