The Annual Offshore Oil & Gas Event
logo

The 25thBeijing International Offshore Oil & Gas Exhibition

ufi

BEIJING,CHINA

March 26-28,2025

LOCATION:HOME> News > Industry News
Industry News
The following is the news list page
14 2018-11

Shale oil's good, but it's not here to stay

LONDON (Bloomberg) -- U.S. shale may be the darling of the oil industry right now, but the boom isnt going to last, according to the International Energy Agency. The richest areas will have .........

see more >>
13 2018-11

Oil halts record losing streak as Saudis advocate supply cuts

NEW YORK (Bloomberg) -- Oil climbed the most in 2 1/2 weeks, halting an unprecedented decline, as Saudi Arabia pledged to curb output and urged allied crude producers to follow suit. Futures.........

see more >>
08 2018-11

South Sudan oil outlook hinges on shaky peace deal, WoodMac says

JOHANNESBURG (Bloomberg) -- South Sudans optimism about restoring oil output to 350,000 bpd depends on the success of a recent peace deal and both are unlikely, according to Wood Mackenzie L.........

see more >>
07 2018-11

Iraq to boost oil sales to China by 60%

BEIJING (Bloomberg) -- Iraq aims to supply China with about 60% more crude next year, as OPECs second-biggest supplier double downs on its main market in Asia, according to the head of the s.........

see more >>
02 2018-11

Pioneer announces sale of South Texas oil assets for $132 million

DALLAS -- Pioneer Natural Resources Company has announced that it has signed a purchase and sale agreement with an undisclosed third party to sell approximately 2,900 net acres in Sinor Nest.........

see more >>
01 2018-11

Colombia plans Mexico-style oil hedge after recent volatility

BOGOTA (Bloomberg) -- Colombia is planning to hedge its oil exports to protect the government from the violent swings in revenue it suffered in recent years. The financing bill to be present.........

see more >>
30 2018-10

Brazil gets oil windfall as output poised to soar

RIO DE JANEIRO (Bloomberg) -- Brazils President-elect Jair Bolsonaro is staring at an oil windfall. After a decade of stagnant production, Brazils offshore mega-projects are about to deliver.........

see more >>
25 2018-10

Trump approves plan for oil production facility on manmade Arctic island

WASHINGTON (Bloomberg) -- The Trump administration has authorized Hilcorp Energy Co.s plan to build an artificial gravel island in the Beaufort Sea north of Alaska and use it to extract crud.........

see more >>
19 2018-10

Oil trades near one-month low after U.S. crude stockpiles surge

LONDON (Bloomberg) -- Oil traded near the lowest level in a month after a bigger-than-expected gain in American stockpiles overshadowed tensions between the U.S. and Saudi Arabia over a miss.........

see more >>
18 2018-10

Oil falls after U.S. stockpiles swell for fourth straight week

NEW YORK (Bloomberg) -- Oil posted the biggest decline in two months after U.S. government data showed expanding crude stockpiles. Futures fell 3% in New York on Wednesday. Domestic crude in.........

see more >>
17 2018-10

Oil drops as swelling U.S. crude inventories signal ample supply

NEW YORK (Bloomberg) -- Oil declined on concerns that U.S. crude stockpiles are expanding at a rate not seen since early 2017 as American drillers lift output to unprecedented levels. Future.........

see more >>
16 2018-10

Oil sheds gains after Trump turns down heat in Saudi dispute

NEW YORK (Bloomberg) -- Oil surrendered most of its early gains after tensions appeared to ease between the U.S. and Saudi Arabia amid growing international outrage over the disappearance of.........

see more >>
15 2018-10

100 MMbbl: The world hits daily oil, liquids record

SINGAPORE (Bloomberg) -- The world is pumping out more oil and other petroleum liquids than ever before. Global supply rose to 100.3 MMbpd in the third quarter, the International Energy Agen.........

see more >>
12 2018-10

Wildcatters still a gamble for investors despite oil's rise

JOHANNESBURG (Bloomberg) -- Higher oil prices may seem like the pot of black gold at the end of the rainbow for wildcat explorers in frontier plays. But even with talk that prices of $100/bb.........

see more >>
11 2018-10

Trump still doesn't like the price of oil, even as it falls

NEW YORK (Bloomberg) -- This time it wasnt a tweet. President Donald J. Trump is again saying oil prices are too high, even after West Texas Intermediate crude dropped from a four-year high .........

see more >>