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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
13 2016-01

Crude falls below $30 for first time in 12 years

NEW YORK (Bloomberg) -- Oil dropped below $30/bbl in New York for the first time in 12 years on concern that turmoil in Chinas markets will curb fuel demand. West Texas Intermediate crude tu.........

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12 2016-01

Crude tumbles to 12-year low as hedge funds head for exit

NEW YORK (Bloomberg) -- Crude declined to a 12-year low, confirming the view of hedge funds that cut bullish price bets to the lowest since 2010. Futures dropped as much as 4.7% in New York,.........

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11 2016-01

Statoil inks new agreements with OneSubsea, Aker Solutions

STAVANGER, Norway -- Statoil Petroleum has signed Master Service Agreements with Aker Solutions and OneSubsea Processing. The agreements form the basis for potential new EPC contracts for su.........

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08 2016-01

Saudi Arabia considering IPO for Aramco

RIYADH (Bloomberg) -- Saudi Arabia is considering its own Big Bang. The world biggest crude exporter is considering selling a stake in its state-owned company, which controls more than a ten.........

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07 2016-01

Crude tumbles below $34 as U.S. supply glut expands

NEW YORK (Bloomberg) -- Oil fell below $34/bbl in New York after U.S. gasoline inventories surged the most in 22 years and crude supplies at the American hub climbed to a record. Brent oil d.........

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06 2016-01

Oil falls to two-week low as U.S. stockpiles seen nearing record

NEW YORK (Bloomberg) -- Oil dropped to a two-week low on speculation that a government report will show U.S. crude inventories climbed last week. Futures fell as much as 1.9% in New York. St.........

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05 2016-01

Crude declines as global glut outweighs Middle East tensions

LONDON (Bloomberg) -- Oil reversed earlier gains as a global glut outweighed tensions between Saudi Arabia and Iran. Futures surged as much as 4.6% in London earlier after the Saudi governme.........

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04 2016-01

Iran says its planned boost in oil exports won’t harm market

TEHRAN (Bloomberg) -- Iran is trying to regain its lost share of global crude sales and has no intention of harming the oil market with its planned increase in production once sanctions are .........

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31 2015-12

ConocoPhillips to export first U.S. shale oil as it beats rivals

SAN ANTONIO -- On the heels of the U.S. governments recent lifting of the federal ban on the export of crude oil produced in the U.S., NuStar Energy and ConocoPhillips said Wednesday that th.........

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30 2015-12

TAQA announces first oil from Cladhan field in North Sea

ABERDEEN, Scotland -- Abu Dhabi National Energy Company PJSC (TAQA), has announced first oil from the new Cladhan field development in the UK North Sea. The field is developed as a subsea ti.........

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29 2015-12

Great Drill Bits will attend CIPPE 2016 in Beijing

Booth No.:E3550 According to the latest news from the organizing committee, Great Drill Bits make sure attend the 16 th China International Petroleum Petrochemical Technology and Equipment E.........

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29 2015-12

Saudi Arabia cuts dependence on oil amid slump in crude prices

RIYADH (Bloomberg) -- Saudi Arabia, the worlds biggest crude exporter, continues to cut its dependence on oil revenue due to the slump in oil prices, even as the kingdom keeps boosting produ.........

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28 2015-12

Oil bankruptcies reach highest quarterly level since recession

HOUSTON (Bloomberg) -- Bankruptcies among oil and gas companies have reached quarterly levels last seen in the Great Recession, according to the Federal Reserve Bank of Dallas. At least nine.........

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25 2015-12

Export change means more tankers may leave U.S. carrying crude

NEW YORK (Bloomberg) -- The days of empty oil tankers leaving the Houston Ship Channel are over. Now that the U.S. has ended crude export restrictions after 40 years, tankers bringing crude .........

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24 2015-12

First U.S. crude oil set to be exported in January after law change

HOUSTON -- Enterprise Products Partners has secured its first contract to export crude oil produced in the U.S. under a law enacted last week. The law, which was signed by President Obama on.........

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