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Beijing International Petroleum and Petrochemical Safety Production Exhibition

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March 26-28,2025

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Industry News
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16 2018-07

Iran touts Russia's plan to invest in its oil with sanctions looming

MOSCOW (Bloomberg) -- Iran said Russia is ready to invest as much as $50 billion in its oil industry even as Western majors are pulling out of deals with the republic amid the threat of U.S..........

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12 2018-07

Oil patch has fastest-rising rent in U.S.

HOUSTON (Bloomberg) -- Want to rent an apartment near the biggest U.S. oil patch? Itll cost you. Rent in West Texas, home to the Permian basin, climbed to the highest since at least 2005, ba.........

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11 2018-07

U.S. is set to become world's top oil producer, government says

NEW YORK (Bloomberg) -- The U.S. government sees oil production further climbing next year even amid transportation logjams in the countrys most prolific shale play. The Energy Information A.........

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09 2018-07

U.S. oil could soon help set the Brent crude price

LONDON (Bloomberg) -- SP Global Platts, the company that sets the key price of Brent crude, is contemplating the eventual incorporation of U.S. oil to help calculate one of its newest Europe.........

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06 2018-07

Tehran taunts Trump, telling him his tweets drive up oil prices

DUBAI (Bloomberg) -- The Islamic Republics OPEC governor, Hossein Kazempour Ardebili, said tweets by Irans nemesis in the White House are backfiring, by sending prices higher, and underminin.........

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05 2018-07

Mexico oil hedge expected to continue with president-elect, adviser says

MEXICO CITY (Bloomberg) -- Mexicos new government will probably continue hedging the countrys oil output in what is the worlds largest annual oil deal, according to an economic adviser to pr.........

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04 2018-07

Oil slips after briefly breaching $75 for first time since 2014

NEW YORK (Bloomberg) -- Crude oil fell from its highest level in more than three years in New York on prospects for accelerating supply and as traders curbed bullish bets before tomorrows pu.........

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29 2018-06

Global natural gas prices rise for first time in two years

LONDON (Bloomberg) --Global natural gas prices are increasing for the first time in two years with demand for the fuel advancing across the world. Consumption of the cleanest fossil fuel is .........

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27 2018-06

World's LNG giant pumping $20 billion into U.S. oil, gas

HOUSTON (Bloomberg) --Qatar Petroleum, the worlds biggest seller of liquefied natural gas, is looking to get even larger, investing $20 billion in Americas oil and gas fields at a time when .........

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26 2018-06

Goldman Sachs says U.S. oil drama trumps OPEC's Vienna chaos

SINGAPORE (Bloomberg) -- The most dramatic events in the oil market last week occurred in North America as opposed to OPECs get-together in Europe, according to Goldman Sachs Group Inc. The .........

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25 2018-06

Egypt may have issued last LNG tender, paving way for exports

VIENNA (Bloomberg) --Egypt may have just issued its last LNG tender, setting the stage to resume exports next year. Imports of liquefied natural gas may stop in the fourth quarter, allowing .........

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21 2018-06

Native sand leader Shale Support purchases two natural mines in Louisiana

HOUSTON -- Shale Support, a leading provider of frac-sand and logistical solutions to the oil and gas proppant market, today announced it has closed on a deal purchasing two natural mines in.........

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19 2018-06

In Icahn-SandRidge tiff, bitter words hide overlapping targets

NEW YORK (Bloomberg) --The oil industrys ugliest battle is heading for a climax in Oklahoma City on Tuesday. But SandRidge Energy Inc. is probably bound for the auction block anyway. Whether.........

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15 2018-06

Oil trades near $67 as Saudi Arabia sees "inevitable" supply boost

LONDON (Bloomberg) --Oil steadied just below $67/bbl as Saudi Arabias energy minister said an OPEC agreement to raise production is inevitable. Futures in New York rose 0.5% after a 1.4% inc.........

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14 2018-06

Oil companies ask to throw out New York's climate change lawsuit

MANHATTAN (Bloomberg) --A group of the worlds biggest oil companies asked a judge to throw out New York Citys lawsuit seeking to hold them responsible for costs related to climate change. Co.........

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