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The 25thBeijing International Offshore Oil & Gas Exhibition

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BEIJING,CHINA

March 26-28,2025

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Industry News
The following is the news list page
24 2019-12

Oil steadies after biggest loss in three weeks on supply outlook

SINGAPORE (Bloomberg) - Oil steadied after the biggest decline in three weeks on Friday as Kuwait aimed to reach a deal with Saudi Arabia that will restore crude output along their border, a.........

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20 2019-12

Oil steadies at three-month high after surprise U.S. crude draw

NEW YORK (Bloomberg) - Oil steadied at the highest level since September after the U.S. government reported a surprise draw in crude inventories. Futures in New York hovered near $61 a barre.........

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18 2019-12

China breaks global record for oil imports, and the numbers are still growing

NEW YORK (Bloomberg) - China is breaking records for crude oil imports, and isnt likely to stop soon as new refineries ramp up and hopes grow that the easing of trade tensions with the U.S. .........

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17 2019-12

Equatorial Guinea expects $1.4 billion in oil investments in 2020

ABIDJAN, EQUATORIAL GUINEA (Bloomberg) - Equatorial Guinea forecasts investments of at least $1.4 billion in its hydrocarbon sector next year through the development of oil projects and an i.........

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13 2019-12

Norway’s oil lobby raises spending forecasts for 2020 and beyond

OSLO (Bloomberg) - Norways oil lobby raised the investment forecast for the countrys offshore industry for the coming years, even if it still sees a sharp drop in 2021 amid a lack of big new.........

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12 2019-12

Chevron to take $11 billion writedown amid weak gas prices

HOUSTON (Bloomberg) - Chevron expects to write down as much as $11 billion in the fourth quarter, more than half of it from its Appalachia natural gas assets after a slump in prices. The U.S.........

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10 2019-12

Canacol Energy wins three new Colombian gas exploration blocks

CALGARY - Canacol Energy has successfully secured a 100% operated working interest in three new conventional gas exploration contracts in the recent bid round administered by Colombias hydro.........

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09 2019-12

Saudis offer carrot and stick to get OPEC to defend oil prices

VIENNA (Bloomberg) - Saudi Arabia, the dominant force in OPEC, is using both carrot and stick to talk other members of the oil cartel into defending prices at Thursdays ministerial meeting. .........

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06 2019-12

Oil holds gain as OPEC ministers gather for Vienna meeting

SINGAPORE (Bloomberg) - Oil held its biggest surge in more than two months as OPEC ministers gather in Vienna do discuss output cuts. Futures were little changed in New York after jumping 4..........

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05 2019-12

Oil rallies on renewed trade deal prospects before OPEC+ meeting

NEW YORK (Bloomberg) - Oil rose as the U.S. and China moved closer to a trade deal and before the OPEC+ alliance meets later this week to consider extending its output-cut policy. Futures ad.........

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04 2019-12

Oil extends gains as OPEC+ prepares to meet

NEW YORK (Bloomberg) - Oil rose for a second day as investors focused on the upcoming OPEC+ meeting that could lead to deeper supply cuts by some of the worlds biggest crude producers. Futur.........

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03 2019-12

Rising number of North Sea oil and gas firms engaged in energy transition

ABERDEEN - Almost 40% of North Sea operators and contractors are concerned about diversification and energy transition with around half (49%) working to reduce their carbon footprints or dev.........

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28 2019-11

Oil rises as optimism about U.S.-China trade-war truce abounds

NEW YORK (Bloomberg) - Oil advanced, shedding earlier losses, amid growing optimism about prospects for a settlement in the long-running U.S.-China trade war. Futures rose 0.4% in New York o.........

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20 2019-11

Oil falls most in five weeks as supplies rise, trade deal stalls

NEW YORK (Bloomberg) - Oil dropped the most in over a month on indications American crude stockpiles are expanding, while investors wait for a breakthrough in U.S.-China trade talks. Futures.........

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18 2019-11

OPEC still sees oil surplus in early 2020 as meeting approaches

LONDON (Bloomberg) - OPEC signaled that oil markets remain on course for a surplus in early 2020, even as delegates said the organization and its allies probably wont step up efforts to remo.........

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