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
25 2018-07

Oil advances as U.S. surplus near 3-year low takes center stage

NEW YORK (Bloomberg) -- Crude rose on expectations that U.S. oil inventories already close to a 3-year low continue to shrink. Futures rose as much as 1.5% in New York on Tuesday. A U.S. gov.........

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24 2018-07

Oil rises as U.S.-Iran tensions counter concern over trade spat

SINGAPORE and LONDON (Bloomberg) -- Oil rose to near $69/bbl as flaring tensions between the U.S. and OPEC member Iran countered growing concerns that trade protectionism will harm economic .........

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23 2018-07

Oil set for weekly drop as Trump issues new trade threats

CALGARY (Bloomberg) -- Oil headed for a third weekly loss amid concern escalating trade rows would undercut energy demand, undermining reassurances from Saudi Arabia that it wont flood globa.........

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20 2018-07

Oil's hired hands are looking beyond shale to an overseas "boomlet"

HOUSTON (Bloomberg) -- The worlds biggest oilfield-service companies may have finally found something to talk about beyond the U.S. shale boom. The oil explorers they serve are forecast to b.........

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19 2018-07

Diversity is in vogue again as oil investors see potential beyond shale

NEW YORK (Bloomberg) -- Suddenly, diversity is in again for the oil business. Explorers with a hand in multiple fronts -- from onshore to deepwater, pumping crude to refining it -- are tradi.........

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18 2018-07

Longshot oil riches draw wildcatters to the Utah desert

WASHINGTON D.C. (Bloomberg) -- On hot days in Utahs Uinta basin, rocks weep oil. Rivulets of black tar hint at the untapped riches within. Taken in hand, the stone crumbles, as warm and waxy.........

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16 2018-07

Iran touts Russia's plan to invest in its oil with sanctions looming

MOSCOW (Bloomberg) -- Iran said Russia is ready to invest as much as $50 billion in its oil industry even as Western majors are pulling out of deals with the republic amid the threat of U.S..........

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12 2018-07

Oil patch has fastest-rising rent in U.S.

HOUSTON (Bloomberg) -- Want to rent an apartment near the biggest U.S. oil patch? Itll cost you. Rent in West Texas, home to the Permian basin, climbed to the highest since at least 2005, ba.........

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11 2018-07

U.S. is set to become world's top oil producer, government says

NEW YORK (Bloomberg) -- The U.S. government sees oil production further climbing next year even amid transportation logjams in the countrys most prolific shale play. The Energy Information A.........

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10 2018-07

Canadian oil supplies to stay tight with Syncrude down for weeks

CALGARY (Bloomberg) -- Canadian crude supplies may remain tight in the coming weeks as Suncor Energy Inc. works to bring its massive Syncrude oil-sands operation back online, a process that .........

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09 2018-07

U.S. oil could soon help set the Brent crude price

LONDON (Bloomberg) -- SP Global Platts, the company that sets the key price of Brent crude, is contemplating the eventual incorporation of U.S. oil to help calculate one of its newest Europe.........

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06 2018-07

Tehran taunts Trump, telling him his tweets drive up oil prices

DUBAI (Bloomberg) -- The Islamic Republics OPEC governor, Hossein Kazempour Ardebili, said tweets by Irans nemesis in the White House are backfiring, by sending prices higher, and underminin.........

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05 2018-07

Mexico oil hedge expected to continue with president-elect, adviser says

MEXICO CITY (Bloomberg) -- Mexicos new government will probably continue hedging the countrys oil output in what is the worlds largest annual oil deal, according to an economic adviser to pr.........

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04 2018-07

Oil slips after briefly breaching $75 for first time since 2014

NEW YORK (Bloomberg) -- Crude oil fell from its highest level in more than three years in New York on prospects for accelerating supply and as traders curbed bullish bets before tomorrows pu.........

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03 2018-07

Free oil market to reign in Argentina, new energy minister says

BUENOS AIRES (Bloomberg) -- Argentinas move to a free market for energy prices remains on track. A recent decision to cap crude oil prices and limit fuel price gains in order to stem inflati.........

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