The Annual Offshore Oil & Gas Event

The 24thBeijing International Offshore Oil & Gas Exhibition



March 25-27,2024

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Industry News
The following is the news list page
24 2020-03

Oil slips as OPEC-Texas agreement looks less likely

SINGAPORE (Bloomberg) - Oil dropped toward the lowest level since 2003 as prospects for a deal between OPEC and Texas to limit production appeared to fade, while a U.S. coronavirus rescue pa.........

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10 2020-03

Oil tests recovery from historic crash following global price war

SYDNEY (Bloomberg) - Oil clawed back some of its biggest drop in a generation as investors grappled with the most volatile market on record in the midst of simultaneous supply and demand sho.........

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17 2020-01

Oil advances on optimism sparked by historic U.S.-China trade agreement

NEW YORK (Bloomberg) - Oil rose to the highest in more than a week as the preliminary trade truce between the U.S. and China fanned optimism about economic growth. Futures rose as much as 1..........

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16 2020-01

Chinese imports of U.S. oil to pick up following Trump’s trade deal

NEW YORK (Bloomberg) - American crude oil shipments to China are poised to pick up again after the two economic superpowers signed a landmark trade deal. Under the terms of the agreement, U..........

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15 2020-01

Canadian gas prices rise after new pipeline rules dampen volatility

CALGARY (Bloomberg) - Canadian natural gas is trading at the highest price relative to U.S. benchmarks in about 10 months after producers cut back on drilling and a rule change on a key Albe.........

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14 2020-01

China’s top oil firm sees demand growth cut in half in 2020

BEIJING (Bloomberg) - The worlds biggest oil import market could see demand growth in 2020 of just half of last years levels as the trade wars ripple effects continue to be felt, according t.........

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13 2020-01

Oil set for biggest weekly loss since July as Mideast risk eases

SINGAPORE (Bloomberg) - Oil headed for its biggest weekly loss since July as the prospect of an immediate confrontation between the U.S. and Iran abated, allaying fears of disruption to Midd.........

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10 2020-01

Oil steadies after giving up gains from U.S.-Iran hostilities

SINGAPORE (Bloomberg) - Oil steadied after rapidly shedding all of its gains from the clash between the U.S. and Iran, as traders waited to see whether any further hostilities will disrupt e.........

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07 2020-01

Oil touches $70 as supply disruption fears grow

SINGAPORE (Bloomberg) - Oil extended its dramatic surge, surpassing $70 a barrel in London for the first time since September, as Middle East tensions flared after the U.S. assassinated one .........

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03 2020-01

Honghua, the largest land drilling rig exporter of China is going to exhibit at cippe2020

As one of the leading land drilling equipment manufacturers in the world and the largest land drilling rig exporter in PRC, Honghua is primarily engaged in manufacturing conventional land dr.........

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03 2020-01

OPEC output falls as Gulf nations step up delivery of oil cuts

LONDON (Bloomberg) - OPECs output declined last month as several Persian Gulf producers stepped up their implementation of cutbacks aimed at balancing global oil markets. Saudi Arabia, Iraq .........

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27 2019-12

Oil extends gains on U.S. inventory decline, trade deal optimism

SINGAPORE (Bloomberg) - Oil rose for a third session as an industry report showed American inventories shrank and as optimism over a partial U.S.-China trade deal grew. Futures rose as much .........

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26 2019-12

Oil tops $61 as U.S. crude oil inventories seen declining

NEW YORK (Bloomberg) - Oil settled above $61/bbl amid light volume as U.S. President Donald Trump said a preliminary trade deal with China is done and ahead of government data expected to sh.........

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25 2019-12

Saudi Arabia, Kuwait agree to resume oil output at shared fields

CAIRO (Bloomberg) - Saudi Arabia and Kuwait agreed to resume oil production in a shared border region more than four years after halting output. The agreement allows the resumption of oil pr.........

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24 2019-12

Oil steadies after biggest loss in three weeks on supply outlook

SINGAPORE (Bloomberg) - Oil steadied after the biggest decline in three weeks on Friday as Kuwait aimed to reach a deal with Saudi Arabia that will restore crude output along their border, a.........

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