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  • The Annual Shale Gas Technology & Equipment Event
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    The 15thBeijing International Shale Gas Technology and Equipment Exhibition

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    BEIJING,CHINA

    March 26-28,2025

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    Industry News
    The following is the news list page
    18 2018-10

    Oil falls after U.S. stockpiles swell for fourth straight week

    NEW YORK (Bloomberg) -- Oil posted the biggest decline in two months after U.S. government data showed expanding crude stockpiles. Futures fell 3% in New York on Wednesday. Domestic crude in.........

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    17 2018-10

    Oil drops as swelling U.S. crude inventories signal ample supply

    NEW YORK (Bloomberg) -- Oil declined on concerns that U.S. crude stockpiles are expanding at a rate not seen since early 2017 as American drillers lift output to unprecedented levels. Future.........

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    15 2018-10

    100 MMbbl: The world hits daily oil, liquids record

    SINGAPORE (Bloomberg) -- The world is pumping out more oil and other petroleum liquids than ever before. Global supply rose to 100.3 MMbpd in the third quarter, the International Energy Agen.........

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    12 2018-10

    Wildcatters still a gamble for investors despite oil's rise

    JOHANNESBURG (Bloomberg) -- Higher oil prices may seem like the pot of black gold at the end of the rainbow for wildcat explorers in frontier plays. But even with talk that prices of $100/bb.........

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    11 2018-10

    Trump still doesn't like the price of oil, even as it falls

    NEW YORK (Bloomberg) -- This time it wasnt a tweet. President Donald J. Trump is again saying oil prices are too high, even after West Texas Intermediate crude dropped from a four-year high .........

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    10 2018-10

    Decline rates from maturing oil wells in the Permian are on the rise

    NEW YORK (Bloomberg) -- Oil producers in the Permian basin and elsewhere could soon find themselves facing the oilfield equivalent of trying to walk up the down escalator. The oil industry, .........

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    08 2018-10

    Saudi prince sees deal with Kuwait to restart oil fields "soon"

    (Bloomberg) -- Saudi Arabias crown prince said hes getting close to striking a deal with Kuwait about two jointly owned fields that can produce half a million barrels a day of crude. We beli.........

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    26 2018-09

    Iranian oil tankers go dark with six weeks to go until sanctions hit

    LONDON (Bloomberg) -- Irans oil tankers are starting to disappear from global satellite tracking systems with just under six weeks to go until U.S. sanctions are due to hit the countrys expo.........

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    25 2018-09

    Anglo African Oil &amp; Gas provides update on drilling program in the Congo

    LONDON -- Anglo African Oil Gas plc, an independent oil and gas developer, has announced that the construction of the extended pad at Tilapia field, in the Republic of the Congo has been com.........

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    21 2018-09

    Exxon among majors to join Oil and Gas Climate Initiative

    IRVING, Texas -- ExxonMobil said it will join the Oil and Gas Climate Initiative (OGCI), a voluntary initiative representing 13 of the worlds largest oil and gas producers working collaborat.........

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    20 2018-09

    Riverstone plans $900-million sale of oilfield services equipment company

    NEW YORK (Bloomberg) -- Riverstone Holdings LLC is preparing to sell oilfield services equipment company Abaco Energy Technologies, which could fetch about $900 million, according to people .........

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    19 2018-09

    Equinor granted drilling permit for wildcat, west of Atlantis discovery

    STAVANGER -- The Norwegian Petroleum Directorate (NPD) has granted Equinor Energy AS a drilling permit for well 7324/3-1, cf. Section 15 of the Resource Management Regulations. Well 7324/3-1.........

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    18 2018-09

    OPEC sees need to keep oil supply deal as demand faces headwinds

    DUBAI (Bloomberg) -- OPEC needs to keep working with other oil producers to manage global supplies as demand for crude faces headwinds, the head of the organization said. The historic supply.........

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    17 2018-09

    Tale of two oil markets: Brent bulls split from U.S. optimists

    NEW YORK (Bloomberg) --For oil investors, this is both the best of times and the worst of times, depending on which crude benchmark you trade. While money managers pile up on bets that Brent.........

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    14 2018-09

    Oil declines as supply fears ease, Trump tweets on Chinese trade

    NEW YORK (Bloomberg) -- Crude dropped the most in almost a month as global supply concerns receded and a demand-killing trade war intensified. Futures dropped as much as 2.8% in New York on .........

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