The Annual Shale Gas Technology & Equipment Event
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The 15thBeijing International Shale Gas Technology and 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
22 2022-12

ADNOC establishes low carbon solutions and international growth business

(WO) — Abu Dhabi National Oil Company (ADNOC) is accelerating operationalization of its board mandated low carbon growth strategy, by establishing a new low carbon solutions and intern.........

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21 2022-12

5.4-magnitude earthquake rattles key oil-producing region in West Texas

(Bloomberg) — A 5.4-magnitude earthquake rocked a key oil-producing region in West Texas, rattling parts of the Permian basin.The quake struck 22 kilometers (13.6 miles) northwest of M.........

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27 2022-10

Oil and gas exploration: Ensuring safe, reliable field performance with end-to-end enterpr

When it comes to success rates for discovering new oil and gas resources, 2021 saw one of the lowest on record. However, with the return of high-impact oil exploration in 2022, O&G businesse.........

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29 2022-09

U.S. oil-output growth to exceed government forecast, Bloomberg analysis says

(Bloomberg) — The U.S. is on track to grow oil production faster than the government is forecasting, according to a BloombergNEF analysis.The latest BNEF report estimates daily US oil .........

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28 2022-09

Biden calls on oil companies to reduce their prices

(Bloomberg) — While U.S. gasoline prices have come down from the highs seen this summer, they’re clearly still weighing on President Joe Biden, who on Monday repeated demands for.........

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09 2022-09

Angola tops Nigeria as Africa’s biggest oil producer in August

(Bloomberg) — Nigeria lost its crown as Africa’s largest crude producer as Angola surpassed the country for the first time in more than five years.Angola’s average daily ou.........

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22 2022-08

Brazilian upstream consolidation leads to bullish production forecasts

National Oil Company Petrobras is focusing on output growth from pre-salt, following a trend of Brazilian oil independents raising output at fields the NOC already divested, Petroleum Econom.........

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21 2022-07

Biden announces wind turbine plan for oil-rich Gulf of Mexico

(Bloomberg) — President Joe Biden announced plans to advance offshore wind power in the Gulf of Mexico and in Atlantic waters near the Southeast U.S., part of a bid to prove he’s.........

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14 2022-07

High oil prices pose high risk to economic recovery, IEA says

(Bloomberg) — Oil prices pose a high risk to the global economic recovery, with signs that fuel costs are starting to “take their toll” on demand growth, the International .........

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23 2022-03

Eni Makes Significant Oil And Gas Discovery In Algerian Desert

Eni and Sonatrach have made a significant oil and associated gas discovery in the Berkine North Basin in the Algerian desert.Italian energy major Eni and Algerian national state-owned oil co.........

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17 2021-12

Wison’s W.SEMI Floater Gets ABS Nod

ABS has awarded Wison Offshore & Marine (WOM) Approval in Principle (AIP) for its w.semi platform supporting floating wind turbines.Source: WOMDesigned for use in the South China Sea to supp.........

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14 2021-12

Fuling shale gas field reserves top 100b cubic meters

Chongqing Fuling shale gas field. [Photo/Xinhua]China Petroleum and Chemical Corp, also known as Sinopec, announced on Monday that newly proven reserves of its Fuling shale gas field now exc.........

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26 2021-11

OPEC says SPR releases may worsen coming global oil surplus

LONDON (Bloomberg) --OPEC expects that oil stockpiles released by consuming nations could massively swell the surplus in global markets.The projections from OPEC’s advisory body -- the Econo.........

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10 2021-11

U.S. projects oversupplied global oil markets by early 2022

(Bloomberg) --The U.S. government projected that the global oil market will become oversupplied and prices will fall by early next year, cooling expectations that the White House may tap the.........

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09 2021-11

Oil prices would be twice as high without OPEC, says UAE's oil minister

LONDON (Bloomberg) --The United Arab Emirates said oil prices would be even higher today if it wasn’t for OPEC+, signaling the group will continue resisting U.S. pressure to pump faster.“For.........

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