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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
        24 2018-02

        Libya oil field halted amid still-fragile recovery

        DUBAI (Bloomberg) --A Libyan oil field halted production due to a labor dispute, underscoring the still-fragile nature of the North African countrys recovery from a domestic conflict. The co.........

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        23 2018-02

        U.S. oil boom tempts Saudis to consider American crude sale

        SINGAPORE (Bloomberg) -- Even Saudi Arabia wants in on the U.S. oil boom. The kingdoms state oil firm considered the possibility of sending American crude to Asia in February via a U.S. unit.........

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        12 2018-02

        China ends 25-year wait as yuan oil futures to start trading

        BEIJING and SHANGHAI (Bloomberg) --After a wait of about a quarter of a century, the worlds biggest oil buyer is finally getting its own crude-futures contract. In a challenge to the worlds .........

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        11 2018-02

        Oil set for worst week in year as rout inflames U.S. supply fear

        SINGAPORE (Bloomberg) --Oil headed toward its worst week in almost a year as the global risk-asset rout further rankled investors already concerned over growing U.S. supply. Futures traded i.........

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        09 2018-02

        New bill halves share of oil income for Kenya communities

        NAIROBI (Bloomberg) --Kenya halved the amount of revenue it will distribute to local communities once commercial oil production starts, setting up a potential dispute with residents of its e.........

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        08 2018-02

        Venezuela oil sanctions more likely as Tillerson tours region

        KINGSTON, Jamaica (Bloomberg) --U.S. Secretary of State Rex Tillerson signaled the U.S. is closer to imposing sanctions on Venezuelas oil sector, raising the pressure on President Nicolas Ma.........

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        07 2018-02

        Crude pares losses as smoke clears from equities implosion

        NEW YORK (Bloomberg) --Oil pared some of its losses as a historic collapse in stock markets began to peter out. Futures were down 0.4% in New York after earlier falling as much as 1.6%. Blue.........

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        06 2018-02

        Aramco's Asia light oil pricing steady in sign of slower demand

        DUBAI (Bloomberg) --Saudi Arabia kept pricing for its main crude grade to Asia unchanged for a second month as the worlds largest crude exporter responds to slower seasonal demand. State-own.........

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        05 2018-02

        Oil below $70 as U.S. shale surge looms over bullish banks

        LONDON (Bloomberg) --Brent crude traded below $70/bbl as the specter of expanding U.S. supply was weighed against Wall Street banks growing faith in a price rally. The benchmark grade is on .........

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        02 2018-02

        Iraqi oil-export ambitions seen putting strain on OPEC accord

        DUBAI (Bloomberg) --OPEC likes to trumpet its record-breaking compliance with output cuts. Yet one of its largest members has been opening the taps and doesnt plan to scale back any time soo.........

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        01 2018-02

        U.S. shale growth could support Caribbean oil storage owners

        NEW YORK (Bloomberg) --Caribbean oil terminals hurt by dwindling Venezuelan supply and a market that encourages traders to pull oil out of tank may get a shot in the arm fromU.S. shale. Supp.........

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        31 2018-01

        Trump tax plan a $190-billion boost to U.S. oil, study shows

        NEW YORK (Bloomberg) --When President Donald Trump gives his State of the Union address Tuesday night, hell surely tout the sweeping U.S. tax overhaul approved by Congress last month. For th.........

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        30 2018-01

        Jersey Oil &amp; Gas announces approval of Verbier appraisal

        LONDON -- Jersey Oil Gas, an independent upstream oil and gas company focused on the UK Continental Shelf (UKCS) region of the North Sea, is pleased to announce that the co-venturers in resp.........

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        29 2018-01

        Oil advances as cheap dollar stokes demand for tightening supply

        NEW YORK (Bloomberg) --Oil is on course for its third weekly gain this month as the cratering value of the U.S. currency elevated demand for dollar-denominated commodities when spare crude s.........

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        26 2018-01

        Optimism reigns in oil market as focus turns to stockpile drop

        HONG KONG (Bloomberg) --Oilsurged to the highest level in more than three years as investors cheered a record run of declines in American crude stockpiles, showing resolve in the face of sur.........

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