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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
        13 2018-04

        New Zealand draws "line in the sand" with exploration ban

        WELLINGTON (Bloomberg) --New Zealand will stop granting offshore oil and gas exploration permits, saying it is committed to playing its part in tackling climate change. The government is tak.........

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        12 2018-04

        Oil surges to three-year high as Middle East tensions intensify

        NEW YORK (Bloomberg) --Crude in London and New York are at the highest levels since 2014 after U.S. President Donald Trump warned Russia to get ready for U.S. missiles to be fired at Syria a.........

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        11 2018-04

        U.S. oil debt eases as drillers target next shale play

        HOUSTON (Bloomberg) --U.S. oil and gas producers expect their borrowing ability to increase over the next few months, leaving them open to invest in new shale assets, particularly the Eagle .........

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        21 2018-03

        Oil hits three-week high as glut shrinks faster than expected

        NEW YORK (Bloomberg) --Crude advanced to a three-week high as the OPEC-led alliance of major oil producers accelerated the timeline for curbing a worldwide supply glut. Futures in New York c.........

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        20 2018-03

        As Saudi prince visits U.S., shale transforms oil relationship

        LONDON (Bloomberg) --From Franklin Roosevelt to George W. Bush, American presidents saw oil as the cornerstone of the relationship between Saudi Arabia and the U.S. -- a steady supply from t.........

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        19 2018-03

        Crude spike on Friday blamed on 'sideways trading'

        NEW YORK (Bloomberg) --Crude ended Friday higher after a curious, late-morning spike left analysts scratching their heads. The market was little changed during morning hours of trading, but .........

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        14 2018-03

        Oil slides on speculation U.S. surge will undermine OPEC cuts

        NEW YORK (Bloomberg) --Oil slid in New York amid concern that global demand might not absorb swelling U.S. supplies. Futures fell 1.1%, and April futures slipped below May contracts. The U.S.........

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        13 2018-03

        Oil bust was actually good for a town called 'Shale City'

        NEW YORK (Bloomberg) --As the price of oil goes, so goes Williston, North Dakota. Now, though, the community located deep in the states Bakken shale play is working to break free from the in.........

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        12 2018-03

        Operators shrink U.S. rig fleet for first time since January

        NEW YORK (Bloomberg) --U.S. oil companies curtailed activity for the first time since January as escalating output from shale fields stunted a recovery in crude prices. Operators idled four .........

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        09 2018-03

        Africa Oil completes investment in Impact Oil and Gas

        VANCOUVER, B.C. -- Africa Oil Corp. has announced that it has completed the previously announced (Feb. 7, 2018) investment in Impact Oil and Gas Limited, a private UK company with exploratio.........

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        08 2018-03

        Exxon says watch for oil shocks as demand becomes market driver

        HOUSTON (Bloomberg) --Soaring demand is the main reason for the rebound in oil prices -- but if the economy falters, crude could tumble back to $40/bbl, according to ExxonMobil Corp. Cuts by.........

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        02 2018-03

        PetroChina said to agree to 2018 deal to lift Libya oil

        CAIRO and LONDON (Bloomberg) --PetroChina Co. agreed to an annual contract to buy Libyan crude after similar deals by oil majors like Royal Dutch Shell Plc and BP Plc, underscoring a recover.........

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        28 2018-02

        Mexican candidate's plan to build refineries raises eyebrows

        MEXICO CITY (Bloomberg) --Industry observers have serious doubts about the Mexican presidential front-runners plan to build new refineries that could cost $6 billion to $10 billion. Leftist .........

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        27 2018-02

        UK set to become net crude oil exporter

        LONDON (Bloomberg) --For all the talk of aging oil fields and shrinking production, the UK is about to achieve a surprising feat:its on the brink of becoming a net crude oil exporter for the.........

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        26 2018-02

        Oil heads for second weekly gain after surprise stockpile drop

        LONDON (Bloomberg) -- Oil headed for a second weekly increase as a surprise pullback in U.S. crude inventories compounded signs that a global glut is easing. Futures in New York are up 1.7% .........

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