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
05 2016-01

Crude declines as global glut outweighs Middle East tensions

LONDON (Bloomberg) -- Oil reversed earlier gains as a global glut outweighed tensions between Saudi Arabia and Iran. Futures surged as much as 4.6% in London earlier after the Saudi governme.........

see more >>
04 2016-01

Iran says its planned boost in oil exports won’t harm market

TEHRAN (Bloomberg) -- Iran is trying to regain its lost share of global crude sales and has no intention of harming the oil market with its planned increase in production once sanctions are .........

see more >>
31 2015-12

ConocoPhillips to export first U.S. shale oil as it beats rivals

SAN ANTONIO -- On the heels of the U.S. governments recent lifting of the federal ban on the export of crude oil produced in the U.S., NuStar Energy and ConocoPhillips said Wednesday that th.........

see more >>
30 2015-12

TAQA announces first oil from Cladhan field in North Sea

ABERDEEN, Scotland -- Abu Dhabi National Energy Company PJSC (TAQA), has announced first oil from the new Cladhan field development in the UK North Sea. The field is developed as a subsea ti.........

see more >>
29 2015-12

Saudi Arabia cuts dependence on oil amid slump in crude prices

RIYADH (Bloomberg) -- Saudi Arabia, the worlds biggest crude exporter, continues to cut its dependence on oil revenue due to the slump in oil prices, even as the kingdom keeps boosting produ.........

see more >>
28 2015-12

Oil bankruptcies reach highest quarterly level since recession

HOUSTON (Bloomberg) -- Bankruptcies among oil and gas companies have reached quarterly levels last seen in the Great Recession, according to the Federal Reserve Bank of Dallas. At least nine.........

see more >>
25 2015-12

Export change means more tankers may leave U.S. carrying crude

NEW YORK (Bloomberg) -- The days of empty oil tankers leaving the Houston Ship Channel are over. Now that the U.S. has ended crude export restrictions after 40 years, tankers bringing crude .........

see more >>
24 2015-12

First U.S. crude oil set to be exported in January after law change

HOUSTON -- Enterprise Products Partners has secured its first contract to export crude oil produced in the U.S. under a law enacted last week. The law, which was signed by President Obama on.........

see more >>
23 2015-12

Fugro wins contract for Exxon’s deepwater Guyana oil development

HOUSTON -- Fugro has been awarded a contract by Esso Exploration and Production Guyana Ltd., an Exxon Mobil affiliate, for survey services at a deepwater field development offshore Guyana. T.........

see more >>
22 2015-12

Shell-BG deal not yet in bag amid fears of further oil slump

LONDON (Bloomberg) -- Royal Dutch Shell Plc is on the brink of pulling off its biggest acquisition. Yet the widening discount of target BG Group Plc to the offer price shows that a further s.........

see more >>
21 2015-12

Libya's Eastern Oil Company to sign oil sales amid UN peace deal

DUBAI (Bloomberg) -- The National Oil Corp. affiliated with the internationally recognized government in eastern Libya said it will sign agreements with six companies to sell the countrys cr.........

see more >>
18 2015-12

Algeria to boost 2016 oil output, offer rights amid global glut

ALGIERS (Bloomberg) -- Algerias state oil producer Sonatrach Group plans to raise crude output by 5% next year and offer energy-exploration rights to foreign companies by the end of March, s.........

see more >>
17 2015-12

Crude price no obstacle as Mexico sells all areas auctioned

MEXICO CITY (Bloomberg) -- The opening of Mexicos oil industry is warming up after a slow start. Mexico awarded all of its 25 onshore fields auctioned Tuesday, defying the six-year low in cr.........

see more >>
16 2015-12

Oil rout to claim more victims after first Norway bankruptcy

OSLO, Norway (Bloomberg) -- The collapse of oil prices has claimed its first bankruptcy victim in Norways offshore industry, and analysts warn more may follow. Dolphin Group ASA, a seismic s.........

see more >>
15 2015-12

House Democrats said to be open to lifting U.S. oil export ban

WASHINGTON (Bloomberg) -- House Democrats are now open to lifting the 40-year-ban on U.S. crude-oil exports, negotiating with Republicans in hopes of extracting trade-offs in exchange for a .........

see more >>