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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
        03 2015-11

        Russian crude output hits post-Soviet record defying price slump

        STEPHEN BIERMAN MOSCOW (Bloomberg) -- Russian oil production broke a post-Soviet record in October for the fourth time this year as earlier investments boosted output and producers prove res.........

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        02 2015-11

        Want to see who’s happy about low oil prices? Look at refiners

        HOUSTON (Bloomberg) -- While oil drillers cut spending to the bone, U.S. refiners are reaping a windfall from low oil prices. Tesoro Corp. reported record profit in the third quarter, while .........

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        30 2015-10

        ‘Too low’ crude prices seen rising to $80 in 2018 by Statoil

        SERENE CHEONG SINGAPORE (Bloomberg) -- Crude prices that have almost halved in the past year are unsustainable at current levels as cuts to investments and postponement of projects will lead.........

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        29 2015-10

        Statoil quarterly profit falls 60% after crude collapse

        MIKAEL HOLTER STAVANGER, Norway (Bloomberg) -- Statoil ASA, Norways biggest oil company, said third-quarter earnings fell 60% as the average crude price in the period dropped to the lowest s.........

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        28 2015-10

        Haze cuts Indonesia's oil production as pollution affects workers

        JAKARTA, Indonesia (Bloomberg) -- Indonesias forest fires are cutting the countrys crude oil production and briefly shut a BP Plc gas plant this month, in the first signs the haze pollution .........

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        27 2015-10

        Algeria backs Venezuela on OPEC, non-OPEC summit to boost prices

        HELENE FOUQUET and MAHER CHMAYTELLI PARIS (Bloomberg) -- Algeria supports Venezuelas call for a summit among heads of state from OPEC and other oil-exporting nations in a bid to lift crude p.........

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        26 2015-10

        Oil caps biggest weekly loss since August as supply glut deepens

        RAKTEEM KATAKEY and MORNING ZHOU LONDON (Bloomberg) -- Oil capped the biggest weekly decline since August as expanding U.S. crude stockpiles exacerbate a global glut. West Texas Intermediate.........

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        23 2015-10

        Pre-salt production tops 1 MMboed, Petrobras says

        RIO DE JANEIRO -- Production of oil and natural gas from facilities operated by Petrobras in the pre-salt layer exceeded 1 MMboed during September, with output averaging 1.028 MMboed, and re.........

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        22 2015-10

        Crude oil declines as U.S. inventories grow most in six months

        LONDON (Bloomberg) -- Oil fell after a government report showed U.S. crude inventories grew by the most in six months. West Texas Intermediate futures for December delivery declined below $4.........

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        21 2015-10

        Genel cuts 2015 oil output forecast on Iraq payment delays

        LONDON (Bloomberg) -- Genel Energy Plc, an oil producer in Iraqi Kurdistan, reduced its output forecast for this year after suffering delays to payments for its exports. null Central process.........

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        20 2015-10

        Oil bulls maintain momentum as rig cutbacks seen reducing glut

        NEW YORK (Bloomberg) -- Hedge funds increased bullish oil wagers on speculation that falling investment will diminish the global supply glut. Money managers boosted their net-long position i.........

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        16 2015-10

        Oil extends losses as U.S. crude supplies surge most since April

        MARK SHENK WASHINGTON, D.C. (Bloomberg) -- Oil extended losses after the biggest U.S. crude stockpile increase in six months bolstered speculation a global surplus will persist. Inventories .........

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        15 2015-10

        Oil slide means ‘a(chǎn)lmost everything’ for sale as rout deepens

        AARON CLARK and STEPHEN STAPCZYNSKI TOKYO (Bloomberg) -- More than $200 billion worth of oil and natural gas assets are for sale globally as companies come under renewed financial pressure f.........

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        14 2015-10

        Oil falls most in three weeks as OPEC crude production climbs

        MARKSHENKandGRANTSMITH NEWYORK(Bloomberg)--OildroppedthemostinthreeweeksafterOPECreportedthatitsmemberspumpedthemostcrudeinthreeyears. TheOrganizationofPetroleumExportingCountriesproduced31..........

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        13 2015-10

        House votes to lift U.S. oil export restrictions

        WASHINGTON -- The House of Representatives has voted in favor of lifting 40-year-old restrictions on exporting U.S crude oil. The vote was welcomed by industry groups and representatives, bu.........

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