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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
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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09 2022-09

Angola tops Nigeria as Africa’s biggest oil producer in August

(Bloomberg) — Nigeria lost its crown as Africa’s largest crude producer as Angola surpassed the country for the first time in more than five years.Angola’s average daily output in Au......

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22 2022-08

Brazilian upstream consolidation leads to bullish production forecasts

National Oil Company Petrobras is focusing on output growth from pre-salt, following a trend of Brazilian oil independents raising output at fields the NOC already divested, Petroleum Econom.........

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21 2022-07

Biden announces wind turbine plan for oil-rich Gulf of Mexico

(Bloomberg) — President Joe Biden announced plans to advance offshore wind power in the Gulf of Mexico and in Atlantic waters near the Southeast U.S., part of a bid to prove he’s.........

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14 2022-07

High oil prices pose high risk to economic recovery, IEA says

(Bloomberg) — Oil prices pose a high risk to the global economic recovery, with signs that fuel costs are starting to “take their toll” on demand growth, the International .........

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16 2022-05

Iran says it can double oil exports if market needs more barrels

(Bloomberg) — Iran has capacity to double oil exports if there’s sufficient demand, a top official said, even as a deal on the country’s nuclear program that could pave the.........

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21 2022-04

Digital energy industry to boost power sector

An intelligent robot helps technicians inspect power supply facilities in Chuzhou, Anhui province, in June. SONG WEIXING/FOR CHINA DAILYFast-growing field creating more effective, economical.........

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