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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
12 2016-06

Oil falls most in 10 weeks as U.S. rig count gains, dollar rises

NEW YORK (Bloomberg) -- Crude fell the most in 10 weeks as the number of rigs drilling for oil in the U.S. climbed and the U.S. dollar strengthened against its peers. Futures tumbled 3% in N.........

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08 2016-06

Global oil demand is growing ‘strongly,’ leading trader says

SINGAPORE (Bloomberg) -- Trafigura Group has joined other leading energy trading houses in saying oil demand is growing strongly this year, suggesting that OPECs cheap oil strategy is spurri.........

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06 2016-06

OPEC optimism masks challenge to oil’s rally from 12-year low

TEHRAN (Bloomberg) -- Oils recovery from a 12-year low may be too good to last as Iranian output rebounds faster than expected. OPEC last week stuck to its policy of unfettered production, d.........

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03 2016-06

OPEC keeps status quo after failing to agree on output cap

VIENNA (Bloomberg) -- OPEC will stick to its policy of unfettered oil production after members failed to agree on a new output ceiling. Crude extended its decline in London. The meeting didn.........

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02 2016-06

Oil pares losses on report OPEC to consider new output ceiling

NEW YORK (Bloomberg) -- Oil pared declines following a report that OPEC may consider a new production ceiling at Thursdays meeting. Futures rebounded after Reuters cited four sources as sayi.........

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01 2016-06

Petrobras names new CEO and board member

RIO DE JANEIRO -- Petrobras has annouced the resignation of Aldemir Bendine from Petrobras board member and CEO positions. In light of the resignation presented, the board of directors held .........

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31 2016-05

Oil pessimists exit market as supplies seen closer to balance

NEW YORK (Bloomberg) -- The oil market doomsayers are beginning to capitulate. Speculators reduced bets on falling prices to the lowest level in 11 months as oil briefly breached $50/bbl on .........

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30 2016-05

Oil states expected to stick with Saudis: OPEC reality check

VIENNA, Austria (Bloomberg) -- OPEC members gathering in Vienna June 2 are expected to go along with a Saudi Arabia-led policy focused on squeezing out rivals amid signs the strategy is work.........

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27 2016-05

Oil’s brief $50 breach doesn’t mean much unless it sticks around

NEW YORK and LONDON (Bloomberg) -- For the oil industry, $50/bbl is a nice start. The big question is what comes next. Crude prices in New York and London briefly breached that long-anticipa.........

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26 2016-05

Oil climbs to seven-month high as U.S. crude supply, output decline

NEW YORK (Bloomberg) -- Oil rose to the highest level in more than seven months in New York, after a government report showed that U.S. crude inventories and production declined, easing a gl.........

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25 2016-05

Oil’s recovery under threat as tankers run in circles off China

BEIJING (Bloomberg) -- In late February, the tanker Jag Lok loaded oil from Equatorial Guinea in western Africa and set sail for the Chinese port of Qingdao, the gateway to the worlds newest.........

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24 2016-05

OPEC set for another meeting with no deal after Doha failure

VIENNA, Austria (Bloomberg) -- After failing to reach an accord on oil supply in Doha last month, OPEC is poised to go another meeting with no agreement on how much crude to produce. All but.........

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23 2016-05

Total, Oil Search divvy InterOil assets in $2.2-billion deal

PARIS (Bloomberg) -- Total and Oil Search will divide the Papua New Guinea assets of InterOil Corp. in a two-step deal as global energy companies seek to expand the Pacific nations LNG expor.........

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20 2016-05

Oil rally seen having more to go as millions of barrels are lost

MELBOURNE, Australia (Bloomberg) -- Oil prices are yet to reflect all of the millions of barrels of crude lost to supply disruptions, according to Australia New Zealand Banking Group Ltd. Al.........

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19 2016-05

Oil extends drop as unexpected stockpile gain expands U.S. glut

NEW YORK (Bloomberg) -- Oil extended its decline for a second day as U.S. crude stockpiles unexpectedly increased, keeping supplies at the most in more than eight decades. Futures slid as mu.........

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