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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
25 2022-03

Dallas Federal Reserve: Oil and gas expansion accelerates as outlooks improve significantl

Activity in the oil and gas sector accelerated during first-quarter 2022, according to oil and gas executives responding to the Dallas Fed Energy Survey, which is punctuated with a number of.........

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23 2022-03

Eni Makes Significant Oil And Gas Discovery In Algerian Desert

Eni and Sonatrach have made a significant oil and associated gas discovery in the Berkine North Basin in the Algerian desert.Italian energy major Eni and Algerian national state-owned oil co.........

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17 2021-12

Wison’s W.SEMI Floater Gets ABS Nod

ABS has awarded Wison Offshore & Marine (WOM) Approval in Principle (AIP) for its w.semi platform supporting floating wind turbines.Source: WOMDesigned for use in the South China Sea to supp.........

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14 2021-12

Fuling shale gas field reserves top 100b cubic meters

Chongqing Fuling shale gas field. [Photo/Xinhua]China Petroleum and Chemical Corp, also known as Sinopec, announced on Monday that newly proven reserves of its Fuling shale gas field now exc.........

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13 2021-12

Oil prices see best week since August as virus fears subside

(Bloomberg) --Oil set its biggest weekly gain in more than three months as the worst fears over the new virus strain have receded.West Texas Intermediate futures climbed 8.2% this week. Fuel.........

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01 2021-12

Sinopec starts world's largest green hydrogen plant

Workers change the billboard at a Sinopec gas station in Fuzhou, Fujian province. [Photo provided to China Daily]Construction began on Tuesday on the world's largest green hydrogen proje.........

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30 2021-11

Largest natural gas storage begins to supply gas to West-East Gas Pipeline

Photo: ICChina's largest natural gas storage facility, the Hutubi gas storage under China National Petroleum Corp (CNPC) in Northwest China's Xinjiang Uygur Autonomous Region, began .........

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26 2021-11

OPEC says SPR releases may worsen coming global oil surplus

LONDON (Bloomberg) --OPEC expects that oil stockpiles released by consuming nations could massively swell the surplus in global markets.The projections from OPEC’s advisory body -- the Econo.........

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09 2021-11

Oil prices would be twice as high without OPEC, says UAE's oil minister

LONDON (Bloomberg) --The United Arab Emirates said oil prices would be even higher today if it wasn’t for OPEC+, signaling the group will continue resisting U.S. pressure to pump faster.“For.........

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08 2021-11

Vitol sees Saudis and OPEC remaining cautious on oil output

(Bloomberg) --Saudi Arabia’s larger-than-expected rise in oil prices is a signal it will continue resisting U.S. pressure to pump faster, according to Vitol Group.Saudi Aramco hiked December.........

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01 2021-11

Iraq projects OPEC will rise to the global oil demand challenge

(Bloomberg) - A daily increase of 400,000 barrels in oil output would be enough to meet demand, according to Iraqi Minister Ihsan Abdul Jabbar.The minister commented days before representati.........

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28 2021-10

Equinor increases gas exports, sacrificing some oil output

OSLO (Bloomberg) --Equinor ASA is boosting natural gas exports to ease Europes supply crunch, sacrificing some oil production in the process. The Norwegian giant has halted the re-injection .........

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25 2021-10

Wall Street projects a “higher for longer” era for oil prices

(Bloomberg) --Could the era of cheap oil supply be gone for good? Thats the conclusion of some of the biggest commodities desks on Wall Street, where banks have been lifting their long-term .........

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21 2021-10

Major underground gas storage cluster opens

Workers change the billboard at a Sinopec gas station in Fuzhou, Fujian province. [Photo provided to China Daily] China Petroleum and Chemical Corps biggest underground gas storage cluster, .........

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23 2021-09

Oil prices rise on falling U.S. crude inventories

(Bloomberg) --Oil rallied after a U.S. industry report showed another big draw in crude inventories, pointing to a tightening market, and Chinas central bank added liquidity to quell concern.........

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