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
The following is the news list page
24 2018-08

United Oil & Gas confirms award of two blocks in the UK North Sea

LONDON -- United Oil Gas Plc, the London Stock Exchange listed oil and gas exploration and development company, has announced that further to the announcement of May 24, 2018, it has accepte.........

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23 2018-08

Oil climbs after biggest U.S. crude stockpile drop in four weeks

NEW YORK (Bloomberg) -- Oil gained after a U.S. government report showed the biggest decline in crude inventories since late July. Futures in New York advanced as much as 2.7% on Wednesday. .........

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22 2018-08

Fracing robots in the works as oil field is digitized

HOUSTON -- Rack up one more thing robots can be used for: Fracing for oil. Bots already are used to vacuum floors, build cars and do heart surgery. Now, Halliburton Co. wants to add fracing .........

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21 2018-08

Wild currency swings make trading Chinese oil futures risky

LONDON and SINGAPORE (Bloomberg) -- Wild swings in the yuan and punitive storage costs are making oil traders think twice about a bet on Chinas fledgling crude futures that looks highly lucr.........

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20 2018-08

Losing Lofoten would imperil Norway’s Arctic push, oil boss warns

OSLO (Bloomberg) --Backing down on drilling off Norways Lofoten islands could also threaten the search for 16 Bbbl of oil and gas that lies beneath the Barents Sea, the countrys energy minis.........

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17 2018-08

Oil shrugs at revival of U.S.-China trade talks to ease tensions

LONDON (Bloomberg) -- Signs of easing tensions between the worlds two largest economies have done little to lift oil as surging U.S. stockpiles offset potential gains in crude futures. Oil i.........

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16 2018-08

Oil sinks to eight-week low after surprise U.S. stockpile build

NEW YORK (Bloomberg) -- Oil plunged after U.S. stockpiles swelled by the most since March 2017 and as investor concern increased that the U.S.-China trade war and Turkish crisis will undercu.........

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15 2018-08

Oil recovers as Turkey tumult calms, U.S. supplies seen falling

NEW YORK (Bloomberg) -- Crude rose as troubles in Turkey showed signs of abating and amid expectations of tightening inventories in the U.S. Futures advanced as much as 1.7% in New York on T.........

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13 2018-08

Caspian Sea breakthrough treaty set to boost oil, pipeline plans

MOSCOW (Bloomberg) --Five Caspian Sea states reached a breakthrough agreement on sovereign rights to the sea, paving the way for new oil and gas extraction -- and pipelines -- after more tha.........

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08 2018-08

U.S. cuts oil output outlook as Permian constraints threaten

NEW YORK (Bloomberg) -- The pace of U.S. crude production growth might be slowing or at least thats what the government is seeing for now. The Energy Information Administration forecasts dom.........

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06 2018-08

Sinopec is said to delay U.S. oil purchases amid tariff concerns

NEW YORK (Bloomberg) -- Chinas largest refiner, Sinopec, will hold off on buying U.S. crude as an escalating trade war between Beijing and Washington threatens to make American imports more .........

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03 2018-08

Saudi Arabia cuts oil pricing as it boosts supply to meet demand

DUBAI (Bloomberg) -- Saudi Arabian Oil Company reduced monthly pricing to most markets as the worlds biggest oil exporter boosts supply to meet customer demand. Saudi Aramco, as the state-ow.........

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31 2018-07

Oil edges higher as U.S. auto proposal counters bearish rig data

TOKYO (Bloomberg) -- Oil edged higher near $69/bbl on prospects a U.S. overhaul of car efficiency rules will increase fuel consumption, countering concerns over potential gains in American s.........

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30 2018-07

Oil heads for a fourth weekly drop as trade war fears linger

LONDON (Bloomberg) -- Oil was poised for a fourth weekly decline as the unexpected halt in Saudi shipments through a Red Sea waterway failed to add a significant risk premium to prices, whil.........

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27 2018-07

Saudis suspend oil shipments via Bab el-Mandeb after attack

LONDON (Bloomberg) -- Saudi Arabia took the extraordinary measure of temporarily halting oil shipments via the Bab el-Mandeb Strait, a key shipping lane for crude at the southern tip of the .........

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