The Annual Equipment of Pipeline and Oil &Gas Storage and Transportation Event
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The 25thBeijing International Exhibition on Equipment of Pipeline and Oil & Gas Storage and Transportation

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BEIJING, China

March 26-28,2025

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Industry News
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07 2019-01

If you can't pipe it, refine it: Alberta seeks oil glut solution

CALGARY (Bloomberg) -- Whats worse: Too much oil, or too much gasoline? The government of Alberta, weighing the potential of a new refinery for the province, may be on its way to finding out.........

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03 2019-01

Oil keeps Oman on debt binge with $6.2 billion plan for 2019

NEW YORK (Bloomberg) -- Omans government, whose budget deficit is among the largest of all the sovereigns tracked by Fitch Ratings, will tap capital markets for a fourth straight year to plu.........

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02 2019-01

OU.S. Gulf refiners feast on domestic oil amid rising output

NEW YORK (Bloomberg) -- U.S. light oil has become too cheap for Gulf Coast refiners to pass up. Fuel makers on the Gulf, home to the largest cluster of refineries in the world, processed oil.........

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29 2018-12

Oil edges up following report of tiny U.S. crude stockpile draw

NEW YORK (Bloomberg) -- Crude hovered near $45/bbl following a U.S. government report showing a fourth straight decline in oil stockpiles. Futures in New York edged up after the Energy Infor.........

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26 2018-12

Crude spirals to 18-month low amid global economic concerns

NEW YORK (Bloomberg) -- Crude fell to the lowest level in a year and a half as concerns over the global economy and turbulence in Washington overshadowed signals from OPEC that it may deepen.........

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24 2018-12

OPEC is in 'whatever it takes' moment to prop up oil prices

DUBAI (Bloomberg) -- OPEC hasnt even started implementing its new six-month agreement to cut output, and already members responsible for most of the reductions have pledged to extend or even.........

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21 2018-12

As oil prices plunge, OPEC output is at risk from social unrest

LONDON (Bloomberg) -- Oils plunge has taken prices below the level all but one OPEC country needs to square their 2019 budgets, increasing the risk of supply disruptions from economic disloc.........

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20 2018-12

Oil gains as Saudis pledge to extend cuts, U.S. supply draw seen

NEW YORK AND LONDON (Bloomberg) -- Oil prices climbed as Saudi Arabia predicted that OPEC will extend supply cuts next year and optimistic economic growth prospects boosted U.S. equities. Fu.........

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19 2018-12

Russia oil executives to discuss OPEC+ deal with Novak

MOSCOW (Bloomberg) -- Russian Energy Minister Alexander Novak plans to meet with executives from oil companies on Wednesday to discuss the OPEC+ deal and targets for next year. Its a planned.........

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18 2018-12

Oil gains near $52 as U.S. drillers cut rigs

LONDON (Bloomberg) -- Oil rose to near $52/bbl as the dollar fell and U.S. drillers cut rigs to the lowest in eight weeks. Futures in New York gained as much as 1.3%. The number of oil rigs .........

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17 2018-12

Occidental CEO wants to keep rigs running even after oil's slump

WASHINGTON (Bloomberg) -- Occidental Petroleum Corp. will look for ways to cut costs other than dropping rigs, in response to the recent slump in oil prices, according to CEO Vicki Hollub. W.........

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14 2018-12

Trading `God' says shale has oil prophets groping in dark

NEW YORK (Bloomberg) -- Andy Hall, the oil trader nicknamed God for his lucrative calls on crude, says the U.S. shale boom has made it far harder to predict global supplies. Thats because sh.........

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13 2018-12

Late reversal sends oil lower as bulls can't kill fears of glut

NEW YORK (Bloomberg) -- Oil gave up all of its gains in the last half hour of trading and skidded to a loss as a smaller-than-expected decline in U.S. crude stockpiles revived fears of a glo.........

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12 2018-12

Oil rises after report shows large crude-stockpile drop

NEW YORK and LONDON (Bloomberg) -- Oil edged higher after a U.S. industry report signaled a bigger-than-expected draw in crude inventories last week. Futures rose above $52/bbl in New York. .........

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10 2018-12

Oil Soars After OPEC And Partners Reach Deal

On November 29, the first China-Russia Energy Business Forum opened in Beijing. As an important platform to promote energy cooperation between China and Russia, the forum is co-hosted by CNP.........

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