The Annual petroleum and Petrochemical Safety Production Event
logo

Beijing International Petroleum and Petrochemical Safety Production Exhibition

ufi

BEIJING,CHINA

March 26-28,2025

LOCATION:HOME> News > Industry News
Industry News
The following is the news list page
13 2018-06

Oil trades near $66 as OPEC split deepens over production boost

LONDON (Bloomberg) -- Oil traded near $66/bbl as producing countries disagreed over relaxing output curbs and OPEC highlighted the uncertainty over the strength of demand later this year. Fu.........

see more >>
11 2018-06

Hedge fund with 69% return sees more to come from oil recovery

OSLO (Bloomberg) --A hedge fund run by a former associate of billionaire John Fredriksen has gained 69% in two years betting on shunned oil-related assets -- and its not nearly done exploiti.........

see more >>
08 2018-06

OPEC finds rewards from oil-supply cuts weren't evenly split

LONDON (Bloomberg) --OPECs members all benefited from last years supply deal, but the rewards werent evenly divided. The Organization of Petroleum Exporting Countries overall oil-export reve.........

see more >>
07 2018-06

Repsol shows faith in oil's rally with dividend, spending boost

MADRID (Bloomberg) --Repsol SA, Spains largest oil producer, plans to raise dividends and investments over the next two years on a bet that crude will remain above $50/bbl. The scrip dividen.........

see more >>
06 2018-06

Goldman says U.S. oil request won't stop stockpiles dwindling

LONDON (Bloomberg) --The outlook for oil is still bullish even if OPEC accedes to U.S. pressure to boost supply, Goldman Sachs Group Inc.s top commodities analyst said. The U.S. government h.........

see more >>
05 2018-06

Shell says Nigeria attacks persist even as oil output recovers

ABUJA (Bloomberg) --Nigerias oil wells may be flowing again, but the countrys largest operator says attacks continue to put a brake on output. Security in parts of the Niger delta remains a .........

see more >>
30 2018-05

Oil slips after Saudi-Russian revival talk "popped the bubble"

NEW YORK (Bloomberg) --Crude fell for a fifth straight day as the market weighs the prospects of rising production from Saudi Arabia and Russia. Futures fell 1.7% in New York to their lowest.........

see more >>
28 2018-05

Saudi-Russia policy shift sets stage for tense OPEC meeting

LONDON (Bloomberg) --When Saudi Arabia and Russia announced a new policy to revive oil production last week, one thing was missing: most of the other partners in their grand coalition. With .........

see more >>
25 2018-05

Oil extends slide as Russia talks of easing OPEC supply curbs

NEW YORK (Bloomberg) --Oil prices slid for a third day in New York after Russia signaled that phasing out historic supply curbs that eliminated a worldwide glut may be on the table. West Tex.........

see more >>
24 2018-05

The $100/bbl oil wager comes back to the options market

LONDON (Bloomberg) --Some options traders are betting on $100 oil again. Whether its the specter of sanctions on Iran, Venezuelas output plunge, or a momentum play on the back of the past ye.........

see more >>
23 2018-05

Norway's $1-trillion wealth fund moves closer to oil exit

OSLO (Bloomberg) --Norways $1-trillion sovereign wealth fund cleared a hurdle on its proposed path to exiting oil and gas stocks. The fund won support from key academics at Norways top unive.........

see more >>
16 2018-05

Oil rises to $79 in London on Mideast risk from Iran to Gaza

LONDON (Bloomberg) --Oil climbed to a three-year high near $79/bbl in London on heightened political risks in the Middle East following unrest in Gaza and the return of sanctions against Ira.........

see more >>
15 2018-05

India's oil demand surges for eighth straight month in April

MUMBAI (Bloomberg) --Indias oil consumption surged 4.5% in April as industrial activity gathered pace in Asias third-largest economy and sales of trucks and buses soared. The nations total o.........

see more >>
14 2018-05

Lukoil signs new development plan for West Qurna-2 field in Iraq

MOSCOW -- Lukoil and the Basra Oil Company signed a development plan for West Qurna-2 field that provides for an oil production plateau of 800,000 bpd. According to the plan, the oil product.........

see more >>
11 2018-05

Senator eyes oil tax to punish Canada over Alaska drilling clash

WASHINGTON (Bloomberg) --As Alaskas congressional delegation worked feverishly last year to achieve the decades-long dream of drilling for oil in the Arctic National Wildlife Refuge, they ca.........

see more >>