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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
08 2023-02

OPEC “cautiously optimistic” about oil demand amidst reopening of China

(Bloomberg) — OPEC’s top official said he sees a “more upbeat” economic outlook as China reopens after several years of virus restrictions.OPEC headquarters“The.........

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04 2023-01

U.S. Department of Energy advances MMEX Resources to final application stage for Trans Per

(WO) — MMEX Resources Corp., sponsor of the Trans Permian H2Hub announced that The U.S. Department of Energy (DOE) approved its concept paper to advance to the final application stage .........

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03 2023-01

New CEO of Petrobras to focus on energy transition

(Bloomberg) — President-elect Luiz Inacio Lula da Silva has selected a senator and former Petrobras official to lead Brazil’s state-controlled oil giant with the aim of turning i.........

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28 2022-12

CNOOC Limited begins production on block development project offshore China

(WO) — CNOOC Limited announced on Dec. 25 that Kenli 6-1 oilfield 5-1, 5-2, 6-1 block development project commenced production.The project is in the south Bohai Sea, with an average wa.........

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28 2022-12

World Oil’s Top Stories of 2022: 1-5

(WO) — 2022 was an enormous year for the oil and gas industry. From oil discoveries in Wyoming to Russia working around Western sanctions, there was no shortage of ground-breaking news.........

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23 2022-12

Saudi Arabia invites China’s Xi to form energy partnerships

(Bloomberg) — Two months after snubbing U.S. President Joe Biden’s pleas for oil, Saudi Arabia is rolling out the red carpet for his Chinese counterpart, Xi Jinping.Xi will visit.........

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22 2022-12

Russia rejects concerns about oil price cap effects on production

(Bloomberg) — Russia’s Energy Ministry rebuffed concerns that the oil price cap imposed by the Group of Seven nations will throw the country’s production into turmoil.&ldqu.........

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21 2022-12

Spanish oil producer Repsol furthers clean energy plan by acquiring Asterion for $597 mill

(Bloomberg) — Spanish oil producer Repsol SA furthered its clean energy expansion with the acquisition of local developer Asterion Energies for €560 million ($597 million).Like ma.........

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21 2022-12

TAG Oil: first well re-completion and horizontal well drilling to begin in 2023

(WO) — TAG Oil Ltd. provided an operations update as the Company initiates Phase 1 of its strategic development program of the unconventional Abu Roash "F" ("ARF") reserv.........

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25 2022-11

North Sea Transition Authority launches probe into unauthorized flaring, venting in North

(WO) — An investigation has been launched into an oil and gas company for flaring and venting in the North Sea without consent.The probe by the North Sea Transition Authority (NSTA) co.........

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25 2022-11

BP awards SLB, Subsea 7 alliance contract for Cypre gas project

Subsea Integration Alliance, a non-incorporated tie-up between Subsea 7 and SLB's OneSubsea, has been awarded a contract by BP for its Cypre gas project offshore Trinidad and Tobago. The.........

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25 2022-11

EU talks stall over price level for proposed Russian oil cap

(Bloomberg) — Talks between European Union nations on where to set a proposed Group of Seven price cap on Russian oil bogged down Wednesday evening, as governments split over how to design t.........

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27 2022-10

Oil and gas exploration: Ensuring safe, reliable field performance with end-to-end enterpr

When it comes to success rates for discovering new oil and gas resources, 2021 saw one of the lowest on record. However, with the return of high-impact oil exploration in 2022, O&G businesse.........

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29 2022-09

U.S. oil-output growth to exceed government forecast, Bloomberg analysis says

(Bloomberg) — The U.S. is on track to grow oil production faster than the government is forecasting, according to a BloombergNEF analysis.The latest BNEF report estimates daily US oil .........

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28 2022-09

Biden calls on oil companies to reduce their prices

(Bloomberg) — While U.S. gasoline prices have come down from the highs seen this summer, they’re clearly still weighing on President Joe Biden, who on Monday repeated demands for.........

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