The Annual Shale Gas Technology & Equipment Event

The 24thChina International Petroleum & Petrochemical Technology and Equipment Exhibition



March 25-27,2024

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Industry News
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20 2019-08

Oil climbs as Huawei sanctions delay offers sign of trade war truce

NEW YORK (Bloomberg) - Oil climbed as the U.S. delayed sanctions against Huawei Technologies, offering a hint of progress in its trade war with China, and a drone attack in Saudi Arabia high.........

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14 2019-08

Oil rises most in 7 months as tariff delay brightens outlook

NEW YORK (Bloomberg) - Crude oil jumped the most since early January as the trade deadlock between the worlds biggest economies showed signs of easing, calming fears that global economic gro.........

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13 2019-08

Tullow makes significant oil discovery offshore Guyana

LONDON Tullow Oil has made its first discovery in its Orinduik license offshore Guyana, exceeding pre-drill forecasts and paving the way for more exploration wells in the near future. Paul M.........

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12 2019-08

Oil rises as investors weigh Saudi action against demand concern

HOUSTON (Bloomberg) - Oil surged to start the U.S. session as investors weighed the latest steps from Saudi Arabia following a selloff earlier in the week. WTI rose as much as 4.1% in New Yo.........

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09 2019-08

Oil rebounds from seven-month low as Saudis seek to stem slide

SEOUL (Bloomberg) - Oil rebounded from the lowest level since January after Saudi Arabia contacted other producers to discuss options to stem a rout thats been driven by the worsening U.S.-C.........

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08 2019-08

Oil slump deepens on unexpected jump in U.S. fuel stockpiles

NEW YORK (Bloomberg) - Oil plunged, re-entering bear-market territory, as a surprise increase in American fuel stockpiles fueled worries about a growing glut, feeding into an increasingly di.........

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06 2019-08

As shale drillers stumble, Big Oil says it can do Permian better

HOUSTON (Bloomberg) - Exxon Mobil and Chevron arent fazed by the drilling mistakes and funding hurdles smaller shale producers are running into in the Permian basin. The North American super.........

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05 2019-08

U.S. Oil Giants Exxon, Chevron get boost from tax cut in Canada

(Bloomberg) - A corporate tax rate cut in the oil-rich province of Alberta, where both ExxonMobil and Chevron have operations, boosted Exxon s second-quarter profit by almost $500 million, a.........

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01 2019-08

EIA: U.S. crude oil production continues to set records

WASHINGTON - U.S. crude oil production in each of the first five months of 2019 showed increases over their 2018 levels, with April 2019 establishing a new monthly record. Production grew th.........

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31 2019-07

Oil surges as traders await fed cut, Iran clash squeezes supply

NEW YORK (Bloomberg) - Oil surged as the Federal Reserve moved toward a rate-cut to boost the economy even as lingering tensions with Iran threatened to choke Middle East supplies. Futures i.........

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30 2019-07

Oil advances most in almost three weeks as U.S. rate cut awaited

NEW YORK (Bloomberg) - Oil rose the most in almost three weeks on speculation that demand will get a bump from a potential U.S. Federal Reserve rate cut aimed at spreading economic benefits .........

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29 2019-07

Oil ends week higher as supply threats outweigh demand doubt

NEW YORK - Oil prices fluttered near $56 a barrel in a volatile trading session that pitted gnawing doubts about global demand with supply threats from the Middle East and elsewhere. Futures.........

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26 2019-07

Shale drilling’s worst yet to come, biggest rig owner says

HOUSTON - Americas biggest owner of drilling rigs fell the most in seven months after the chief of Helmerich Payne said he called the bottom too soon. Three months ago, when Helmerich had 22.........

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25 2019-07

EIA: U.S. oil producers increase shareholder distributions

WASHINGTON The U.S. Energy Information Administration reports first-quarter 2019 results for 43 U.S. oil producers indicate they have increased shareholder distributions through dividends an.........

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22 2019-07

Oil pares steep weekly loss as U.S. says it downed Iranian drone

LONDON - Oil snapped four days of losses after the U.S. said it downed an Iranian drone near the Strait of Hormuz, stoking concern crude flows from the Middle East may be disrupted. Futures .........

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