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        The Annual Equipment of Pipeline and Oil &Gas Storage and Transportation Event
        logo

        The 26thBeijing International Exhibition on Equipment of Pipeline and Oil & Gas Storage and Transportation

        ufi

        BEIJING, China

        March 26-28,2026

        LOCATION:HOME> News> Industry News
        Industry News
        The following is the news list page
        08 2019-03

        China oil use seen peaking in 2025 as EVs and rail take over

        SINGAPORE (Bloomberg) -- The country thats driven global oil demand since the turn of the century may hit the brakes sooner than expected as travelers shift toward electric cars or even forg.........

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        07 2019-03

        Oil retreats as surprise jump in U.S. stockpiles hints at glut

        NEW YORK (Bloomberg) -- Oil retreated for the second day in a row after U.S. crude stockpiles ballooned, casting a shadow over OPECs efforts to avert a global glut. Futures in New York close.........

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        06 2019-03

        Libya's biggest oil field restarts, adding hurdle to OPEC cuts

        CAIRO and DUBAI (Bloomberg) -- Libyas biggest oil field resumed production, adding another complication to OPECs effort to trim a global supply glut. Sharara resumed production and is expect.........

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        05 2019-03

        D&amp;L Oil Tools introduces downhole tension tool for well control

        TULSA -- DL Oil Tools introduces the patented ProTension Safe Tension Tool (STT), which was designed as a safety tool to eliminate the potential for loss of well control when pulling a tubin.........

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        04 2019-03

        S&amp;P lowers Mexico sovereign outlook to negative on AMLO oil plan

        MEXICO CITY (Bloomberg) -- SP Global Ratings lowered its outlook for Mexicos sovereign debt to negative from stable, saying the nations shift to limit private sector involvement in energy co.........

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        28 2019-02

        Resilient oil sands power Alberta budget through pipeline morass

        CALGARY (Bloomberg) -- A relentless increase in production from Albertas oil sands and higher crude prices in the first half of the year are powering the province s budget through a pipeline.........

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        27 2019-02

        Oil companies find a way to cash in by not pumping oil in Canada

        CALGARY (Bloomberg) -- Alberta oil producers have found a way around production limits imposed on them by the provincial government: buy the right to pump barrels from other companies that d.........

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        26 2019-02

        Marathon oil signs agreement for divestiture of UK business

        HOUSTON -- Marathon Oil Corporation has announced the company has entered into a share purchase agreement through its subsidiaries for the sale of its UK businesses Marathon Oil U.K. LLC (MO.........

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        25 2019-02

        Vitol expect oil to rally as OPEC, Venezuela cause shortage

        LONDON (Bloomberg) -- The worlds largest energy trader says oil prices are set to rally further as OPEC output cuts and American sanctions on Iran and Venezuela cause a shortage of the low-q.........

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        22 2019-02

        Empty supertankers reveal truths about today's oil market

        LONDON (Bloomberg) -- They are slowly plowing their way across thousands of miles of ocean toward Americas Gulf of Mexico coastline. As they do, twelve empty supertankers are also revealing .........

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        21 2019-02

        U.S. shale boom keeps rolling even as wildcatters save cash

        HOUSTON (Bloomberg) -- Americas surging shale oil production shows little sign of abating, despite industrywide spending cuts, as explorers learn to do more with less. Almost all the indepen.........

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        20 2019-02

        California's dirty oil gets pricey amid Venezuela sanctions

        CALGARY and NEW YORK (Bloomberg) -- California doesnt usually come to mind when talking about the U.S. oil boom, but the states dirty oil is commanding an increasingly large premium amid an .........

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        19 2019-02

        Venezuelan oil finds home in India as U.S. shuns shipments

        HOUSTON (Bloomberg) -- India is feasting on Venezuelan oil, after the U.S. imposed a de facto ban on crude imports from the Latin American nation. While flows to the U.S. came to a halt, Ind.........

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        18 2019-02

        EU starts natural gas price war Trump and Putin will love

        LONDON (Bloomberg) -- The stage has been set for a European natural gas price war that will help boost demand and enable both Russia and the U.S. to increase sales to the region. The battle .........

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        15 2019-02

        Oil crash is over, but debt is still piling up in the Gulf

        NEW YORK (Bloomberg) -- The oil crash came and went but the debt pile it left across the Gulf is still growing, leaving the regions energy-dependent economies more vulnerable next time a cri.........

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