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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
15 2019-11

Oil rises on signs of U.S. supply drop, OPEC’s shale outlook

SINGAPORE (Bloomberg) - Oil rose for a second day after an industry report pointed to a drop in U.S. inventories, and as OPEC said it sees potential for a sharp slowdown in American shale ou.........

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13 2019-11

OPEC+ risks sub-$50 oil without deeper supply cuts

LONDON (Bloomberg) - With their next meeting just weeks away, OPEC and its partners are showing no impetus for stronger action to support oil prices. But without intervention, some influenti.........

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12 2019-11

Aramco sees oil demand falling after 2040, per IPO prospectus

DUBAI (Bloomberg) - Global oil demand may peak within the next 20 years, according to an assessment included in the prospectus for Saudi Aramcos initial public offering, suggesting views are.........

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06 2019-11

Oil climbs to six-week high on signs of trade war resolution

NEW YORK (Bloomberg) - Oil rose to a six-week high on mounting signs that a resolution to the U.S.-China trade dispute is imminent. Futures advanced as much as 1.8% on Monday in New York. Ch.........

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31 2019-10

BP profit beats as strong refining offsets lower oil price

LONDON (Bloomberg) - BP reported profit that beat analyst estimates as a strong refining performance offset the effect of lower oil and natural gas prices, and bad weather that curbed produc.........

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29 2019-10

Oil declines on new signs of expanding U.S. crude stockpiles

NEW YORK (Bloomberg) - Oil fell for the first time in a week amid renewed signs of swelling crude inventories in the worlds biggest economy. Futures dropped as much as 1.3% in New York on Mo.........

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28 2019-10

Oil posts biggest weekly gain in five weeks on trade optimism

CALGARY (Bloomberg) - Oil posted the biggest weekly gain in more than a month as supplies tightened and the White House signaled progress on U.S.-China trade talks. Futures in New York rose .........

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25 2019-10

Oil drillers get $18 billion break thanks to law legislators now regret

WASHINGTON (Bloomberg) - The U.S. has forfeited some $18 billion tied to oil and gas production in the Gulf of Mexico since 2000 because of a decades-old law that gave energy companies a bre.........

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24 2019-10

Oil rallies after surprise decline in U.S. crude stockpiles

NEW YORK (Bloomberg) - Oil spiked above $55/bbl for the first time in three weeks after a surprise drop in U.S. crude supplies signaled strengthening demand. Futures rose as much as 1.5% in .........

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17 2019-10

U.S. Gulf of Mexico crude oil production to continue to set records through 2020

WASHINGTON - U.S. crude oil production in the U.S. Federal Gulf of Mexico (GOM) averaged 1.8 MMbpd in 2018, setting a new annual record. The U.S. Energy Information Administration (EIA) expe.........

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15 2019-10

Oil short-selling more than doubles despite Mideast risks

CALGARY (Bloomberg) - Oil short-selling has more than doubled in three weeks, with attacks on oil facilities and tankers unable to push prices higher for very long. Hedge fund bets on a West.........

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14 2019-10

Abu Dhabi seeks to shift oil markets with its own crude benchmark

DUBAI (Bloomberg) - The Middle East produces a fifth of the worlds oil, but the regions never had a benchmark price that competes with Londons Brent or New Yorks WTI. That could be about to .........

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12 2019-10

Oil jumps above $60 as Iran tanker attack reignites Mideast risk

SINGAPORE (Bloomberg) - Oil jumped back above $60/bbl after reports of a missile strike on an Iranian tanker near the Saudi Arabian port city of Jeddah reignited fears over military escalati.........

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11 2019-10

Nigeria demands $62 billion from oil majors for past profits

ABUJA (Bloomberg) - Nigeria is seeking to recover as much as $62 billion from international oil companies, using a 2018 Supreme Court ruling the state says enables it to increase its share o.........

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09 2019-10

Jersey Oil and Gas details Buchan’s "significant" resources

ST. HELIER -- Jersey Oil and Gas PLC has revealed the findings of a new independent evaluation of its recently acquired Greater Buchan Area project in the North Sea. The AIM-quoted explorer .........

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