The Annual Shale Gas Technology & Equipment Event
logo

The 15thBeijing International Shale Gas Technology and Equipment Exhibition

ufi

BEIJING,CHINA

March 26-28,2025

LOCATION:HOME> Industry News
Industry News
The following is the news list page
18 2018-10

Oil falls after U.S. stockpiles swell for fourth straight week

NEW YORK (Bloomberg) -- Oil posted the biggest decline in two months after U.S. government data showed expanding crude stockpiles. Futures fell 3% in New York on Wednesday. Domestic crude in.........

see more >>
17 2018-10

Oil drops as swelling U.S. crude inventories signal ample supply

NEW YORK (Bloomberg) -- Oil declined on concerns that U.S. crude stockpiles are expanding at a rate not seen since early 2017 as American drillers lift output to unprecedented levels. Future.........

see more >>
15 2018-10

100 MMbbl: The world hits daily oil, liquids record

SINGAPORE (Bloomberg) -- The world is pumping out more oil and other petroleum liquids than ever before. Global supply rose to 100.3 MMbpd in the third quarter, the International Energy Agen.........

see more >>
12 2018-10

Wildcatters still a gamble for investors despite oil's rise

JOHANNESBURG (Bloomberg) -- Higher oil prices may seem like the pot of black gold at the end of the rainbow for wildcat explorers in frontier plays. But even with talk that prices of $100/bb.........

see more >>
11 2018-10

Trump still doesn't like the price of oil, even as it falls

NEW YORK (Bloomberg) -- This time it wasnt a tweet. President Donald J. Trump is again saying oil prices are too high, even after West Texas Intermediate crude dropped from a four-year high .........

see more >>
10 2018-10

Decline rates from maturing oil wells in the Permian are on the rise

NEW YORK (Bloomberg) -- Oil producers in the Permian basin and elsewhere could soon find themselves facing the oilfield equivalent of trying to walk up the down escalator. The oil industry, .........

see more >>
08 2018-10

Saudi prince sees deal with Kuwait to restart oil fields "soon"

(Bloomberg) -- Saudi Arabias crown prince said hes getting close to striking a deal with Kuwait about two jointly owned fields that can produce half a million barrels a day of crude. We beli.........

see more >>
26 2018-09

Iranian oil tankers go dark with six weeks to go until sanctions hit

LONDON (Bloomberg) -- Irans oil tankers are starting to disappear from global satellite tracking systems with just under six weeks to go until U.S. sanctions are due to hit the countrys expo.........

see more >>
25 2018-09

Anglo African Oil & Gas provides update on drilling program in the Congo

LONDON -- Anglo African Oil Gas plc, an independent oil and gas developer, has announced that the construction of the extended pad at Tilapia field, in the Republic of the Congo has been com.........

see more >>
21 2018-09

Exxon among majors to join Oil and Gas Climate Initiative

IRVING, Texas -- ExxonMobil said it will join the Oil and Gas Climate Initiative (OGCI), a voluntary initiative representing 13 of the worlds largest oil and gas producers working collaborat.........

see more >>
20 2018-09

Riverstone plans $900-million sale of oilfield services equipment company

NEW YORK (Bloomberg) -- Riverstone Holdings LLC is preparing to sell oilfield services equipment company Abaco Energy Technologies, which could fetch about $900 million, according to people .........

see more >>
19 2018-09

Equinor granted drilling permit for wildcat, west of Atlantis discovery

STAVANGER -- The Norwegian Petroleum Directorate (NPD) has granted Equinor Energy AS a drilling permit for well 7324/3-1, cf. Section 15 of the Resource Management Regulations. Well 7324/3-1.........

see more >>
18 2018-09

OPEC sees need to keep oil supply deal as demand faces headwinds

DUBAI (Bloomberg) -- OPEC needs to keep working with other oil producers to manage global supplies as demand for crude faces headwinds, the head of the organization said. The historic supply.........

see more >>
17 2018-09

Tale of two oil markets: Brent bulls split from U.S. optimists

NEW YORK (Bloomberg) --For oil investors, this is both the best of times and the worst of times, depending on which crude benchmark you trade. While money managers pile up on bets that Brent.........

see more >>
14 2018-09

Oil declines as supply fears ease, Trump tweets on Chinese trade

NEW YORK (Bloomberg) -- Crude dropped the most in almost a month as global supply concerns receded and a demand-killing trade war intensified. Futures dropped as much as 2.8% in New York on .........

see more >>