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The 26thBeijing International Offshore Oil & Gas Exhibition

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March 26-28,2026

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Industry News
The following is the news list page
07 2020-01

Oil touches $70 as supply disruption fears grow

SINGAPORE (Bloomberg) - Oil extended its dramatic surge, surpassing $70 a barrel in London for the first time since September, as Middle East tensions flared after the U.S. assassinated one .........

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03 2020-01

Honghua, the largest land drilling rig exporter of China is going to exhibit at cippe2020

As one of the leading land drilling equipment manufacturers in the world and the largest land drilling rig exporter in PRC, Honghua is primarily engaged in manufacturing conventional land dr.........

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03 2020-01

OPEC output falls as Gulf nations step up delivery of oil cuts

LONDON (Bloomberg) - OPECs output declined last month as several Persian Gulf producers stepped up their implementation of cutbacks aimed at balancing global oil markets. Saudi Arabia, Iraq .........

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27 2019-12

Oil extends gains on U.S. inventory decline, trade deal optimism

SINGAPORE (Bloomberg) - Oil rose for a third session as an industry report showed American inventories shrank and as optimism over a partial U.S.-China trade deal grew. Futures rose as much .........

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26 2019-12

Oil tops $61 as U.S. crude oil inventories seen declining

NEW YORK (Bloomberg) - Oil settled above $61/bbl amid light volume as U.S. President Donald Trump said a preliminary trade deal with China is done and ahead of government data expected to sh.........

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25 2019-12

Saudi Arabia, Kuwait agree to resume oil output at shared fields

CAIRO (Bloomberg) - Saudi Arabia and Kuwait agreed to resume oil production in a shared border region more than four years after halting output. The agreement allows the resumption of oil pr.........

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24 2019-12

Oil steadies after biggest loss in three weeks on supply outlook

SINGAPORE (Bloomberg) - Oil steadied after the biggest decline in three weeks on Friday as Kuwait aimed to reach a deal with Saudi Arabia that will restore crude output along their border, a.........

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20 2019-12

Oil steadies at three-month high after surprise U.S. crude draw

NEW YORK (Bloomberg) - Oil steadied at the highest level since September after the U.S. government reported a surprise draw in crude inventories. Futures in New York hovered near $61 a barre.........

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18 2019-12

China breaks global record for oil imports, and the numbers are still growing

NEW YORK (Bloomberg) - China is breaking records for crude oil imports, and isnt likely to stop soon as new refineries ramp up and hopes grow that the easing of trade tensions with the U.S. .........

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17 2019-12

Equatorial Guinea expects $1.4 billion in oil investments in 2020

ABIDJAN, EQUATORIAL GUINEA (Bloomberg) - Equatorial Guinea forecasts investments of at least $1.4 billion in its hydrocarbon sector next year through the development of oil projects and an i.........

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13 2019-12

Norway’s oil lobby raises spending forecasts for 2020 and beyond

OSLO (Bloomberg) - Norways oil lobby raised the investment forecast for the countrys offshore industry for the coming years, even if it still sees a sharp drop in 2021 amid a lack of big new.........

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12 2019-12

Chevron to take $11 billion writedown amid weak gas prices

HOUSTON (Bloomberg) - Chevron expects to write down as much as $11 billion in the fourth quarter, more than half of it from its Appalachia natural gas assets after a slump in prices. The U.S.........

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10 2019-12

Canacol Energy wins three new Colombian gas exploration blocks

CALGARY - Canacol Energy has successfully secured a 100% operated working interest in three new conventional gas exploration contracts in the recent bid round administered by Colombias hydro.........

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09 2019-12

Saudis offer carrot and stick to get OPEC to defend oil prices

VIENNA (Bloomberg) - Saudi Arabia, the dominant force in OPEC, is using both carrot and stick to talk other members of the oil cartel into defending prices at Thursdays ministerial meeting. .........

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06 2019-12

Oil holds gain as OPEC ministers gather for Vienna meeting

SINGAPORE (Bloomberg) - Oil held its biggest surge in more than two months as OPEC ministers gather in Vienna do discuss output cuts. Futures were little changed in New York after jumping 4..........

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