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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
    27 2016-12

    China's commercial crude oil stocks down 1.55 percent

    BEIJING, Dec. 26 (Xinhua) -- Chinas commercial crude oil inventories declined 1.55 percent month-on-month by the end of November despite a sharp rise in imports. While net imports of crude o.........

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    26 2016-12

    Israel's Delek Drilling, Avner Oil approve merger

    JE RUSAL EM, Dec 25 (Reuters) - Israeli conglomerate Delek Groups (DLEKG.TA) gas and oil exploration units, Delek Drilling and Avner Oil Exploration, approved a merger aimed at reducing cost.........

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    23 2016-12

    One size fits all? In offshore oil sector, using standard gear could cut costs 30 pct -ass

    * Equipment standardisation has major potential - assoc chief * Tactic used by U.S. shale oil drillers to halve cost base By Keith Wallis SINGAPORE, Dec 22 (Reuters) - Offshore oil majors co.........

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    22 2016-12

    Exxon Mobil oil spill hits communities in southeast Nigeria -local leader

    By Anamesere Igboeroteonwu ONITSHA, Nigeria, Dec 21 (Reuters) - An oil spill from Exxon Mobil Corp (XOM.N) facilities in southeast Nigerias Akwa Ibom state has hit local communities, affecti.........

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    21 2016-12

    BRIEF-KLR Energy, Tema Oil and Gas co to combine to form Rosehill Resources

    Dec 20 (Reuters) - KLR Energy Acquisition Corp (KLREU.O) : * KLR Energy Acquisition Corp - in connection deal, certain institutional investors will purchase $75 million of Rosehill Resources.........

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    20 2016-12

    Asia Pacific Energy Oil:Alpha in a flatter oil price outlook;Buy PetroChina (H),Woodside

    Brent oil price forecasts: 2017 up to $57/bbl, 2018 down to $58/bblFollowing the recent production cuts announced by OPEC/non-OPEC, theGS Commodities Research team raised its 2017 Brent oil .........

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    19 2016-12

    Oil price uncertainty keeps Poland's PKN cautious on upstream buys

    WARSAW, Dec 16 (Reuters) - * Polands biggest refiner PKN Orlen (PKN.WA) will probably slow down upstream acquisitions given oil price uncertainty, Chief Financial Officer Slawomir Jedrzejczy.........

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    16 2016-12

    UPDATE 2-Nigeria signs $5.1 billion deal with five oil companies to clear unpaid bills

    ABUJA, Dec 15 (Reuters) - Nigeria will clear unpaid bills worth $5.1 billion for oil production joint ventures piled up over many years under a deal signed on Thursday with Shell (RDSa.L) , .........

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    15 2016-12

    UPDATE 1-Russian producers agree to cut oil output but details elusive

    * Russia agreed to reduce oil output by 300,000 bpd * Cuts will be voluntary for each company By Vladimir Soldatkin MOSCOW, Dec 14 (Reuters) - Russias energy minister said on Wednesday he ha.........

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    14 2016-12

    BRIEF-Panhandle Oil and Gas says Paul Blanchard to take over as CEO on Jan. 1, 2017

    Dec 13 (Reuters) - Panhandle Oil And Gas Inc (PHX.N) : * Senior vice president and COO Paul Blanchard, will take over position of president and CEO on Jan. 1, 2017 * Panhandle Oil And Gas In.........

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    13 2016-12

    BRIEF-Panhandle Oil And Gas Q4 EPS $0.05

    Dec 12 (Reuters) - Panhandle Oil And Gas Inc (PHX.N) * Reduced debt $20.5 million during fiscal 2016 * Panhandle Oil And Gas Inc - oil production decreased in 2016 quarter to 78,398 barrels,.........

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    12 2016-12

    Russia to create monitoring group to oversee oil output reduction

    MOSCOW, Dec. 11 (Xinhua) -- Russia will create a monitoring group to ensure oil output reduction following the newly-clinched output cut pact between Organization of the Petroleum Exporting .........

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    09 2016-12

    UPDATE 1-Congo Republic oil output to reach 300,000 bpd in 2018 - oil minister

    BRAZZAVILLE, Dec 8 (Reuters) - Congo Republic expects oil output to rise to some 300,000 barrels per day in 2018, up from around 250,000 bpd now, partly due to a new deep offshore field due .........

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    08 2016-12

    BRIEF-French oil major Total awarded exploration blocks in offshore Mexico

    Dec 6 (Reuters) - Total (TOTF.PA) : * Total has been awarded exploration licenses on 3 Blocks in offshore Mexico, following the countrys first competitive deep water bid round * Total will b.........

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    07 2016-12

    U.S. controversial North Dakota oil pipeline project halted

    WASHINGTON, Dec. 5 (Xinhua) -- The U.S. Army Corps of Engineers have decided to halt an underwater pipeline project in North Dakota that environmentalists warn may damage local water qualiti.........

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