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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
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18 2016-05

Oil rises to seven-month high as supply losses tame surplus

NEW YORK (Bloomberg) -- Oil hit a seven-month high on speculation that U.S. crude stockpiles declined last week while supply losses in Canada and Nigeria whittled away the global excess. Wes.........

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17 2016-05

Oil rises to six-month high as Goldman sees demand above output

NEW YORK (Bloomberg) -- Oil rose to a six-month high as Goldman Sachs Group Inc. said the market moved into a deficit earlier than expected following supply disruptions in Nigeria and an inc.........

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16 2016-05

The Oil & Gas Asset Clearinghouse expands into Mexico

HOUSTON -- OFSCap, LLC, has announced that its affiliate The Oil Gas Asset Clearinghouse is expanding its presence into Mexico. Clearinghouse and OFSCap will jointly offer advisory services .........

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13 2016-05

Iran's speedy oil revival unlikely to mean change in OPEC stance

DUBAI (Bloomberg) -- Irans success in boosting crude output to the most since late 2011 is no incentive for it to join OPEC partners in curbing production to shore up prices. With crude rall.........

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12 2016-05

Oil rises after unexpected decline in U.S. crude stockpiles

NEW YORK (Bloomberg) -- Oil climbed after a government report showed that U.S. crude inventories unexpectedly declined. Futures rose as much as 3.3%. Crude stockpiles fell 3.41 MMbbl last we.........

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11 2016-05

Stubborn natural gas supply imperils best U.S. rally in 14 years

NEW YORK (Bloomberg) -- Natural gas futures have soared since March on speculation that supplies are finally falling after a decade of gains. Production numbers tell a different story. Price.........

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10 2016-05

Petrobras asset sales unaffected by impeachment

RIO DE JANEIRO (Bloomberg) -- Political turmoil in Brazil shouldnt stop Petrobras from completing asset sales it has already opened up to bidders, according to one company vying for the stat.........

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09 2016-05

Saudis' new oil boss seen chasing record output to stymie shale

RIYADH (Bloomberg) -- Saudi Arabia will probably keep producing crude at near-record levels under its newly appointed oil minister, Khalid Al-Falih, as the worlds largest exporter sticks wit.........

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06 2016-05

Chesapeake Energy jumps as shale gas auction accelerates

OKLAHOMA CITY (Bloomberg) -- Chesapeake Energy Corp. surged after the shale gas explorer signed a deal to sell Oklahoma drilling rights to Newfield Exploration Co. for $470 million. The deal.........

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05 2016-05

Petrobras to sell Argentina, Chile assets for $1.4 billion

RIO DE JANEIRO (Bloomberg) -- Petrobras has agreed to sell assets in Argentina and Chile for about $1.4 billion, as Brazils state-controlled oil producer looks to raise cash and focus on dee.........

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04 2016-05

As OPEC infighting continues, U.S. becomes swing producer

HOUSTON -- When OPEC members couldnt agree at their April meeting to cap oil output in an effort to boost prices, did it signal the end of the cartels reign as the worlds energy swing produc.........

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03 2016-05

Oil falls below $45 as Iraq exports approach record

NEW YORK (Bloomberg) -- Oil declined for a second day as Iraqs exports approached a record high in April, adding barrels to a worldwide supply glut that has pushed prices lower. Futures sett.........

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29 2016-04

Top oil service firms mull North America retreat as losses mount

HOUSTON (Bloomberg) -- Two of the three largest oil rig operators and fracers are considering pulling back from the North American market as losses mount. Schlumbergerafter posting its first.........

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28 2016-04

WTI climbs above $45 amid U.S. crude output drop, Fed statement

NEW YORK (Bloomberg) -- Oil closed above $45/bbl in New York for the first time since November after U.S. crude output dropped and Federal Reserve policy makers signaled theyre open to raisi.........

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27 2016-04

Crude oil increases as excess global stockpile seen shrinking

NEW YORK (Bloomberg) -- Oil rose amid signs that a global surplus is gradually diminishing, even as markets remain oversupplied. Futures climbed as much as 2.4% in New York after slipping 2..........

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