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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
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17 2019-07

Oil extends loss as U.S. and Iran signal return to negotiations

NEW YORK and LONDON (Bloomberg) -- Oil extended losses below $60/bbl on the prospect of easing tensions between the U.S. and OPEC member Iran, and as Gulf of Mexico producers began resuming .........

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16 2019-07

Hurricane Barry halts large portion of GOM oil output

SINGAPORE and LONDON (Bloomberg) --Oil traded near $60/bbl after a storm shut almost three-quarters of U.S. Gulf of Mexico crude production, even as lingering demand concerns continue to den.........

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15 2019-07

Tropical storm races toward Louisiana, curbing oil output

BOSTON (Bloomberg) -- Tropical Storm Barry is barreling toward Louisiana and could hit the coastline as a hurricane by Saturday, causing close to $1 billion in damage and worsening flooding .........

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12 2019-07

Tropical storm races toward Louisiana, curbing oil output

BOSTON (Bloomberg) -- Tropical Storm Barry is barreling toward Louisiana and could hit the coastline as a hurricane by Saturday, causing close to $1 billion in damage and worsening flooding .........

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11 2019-07

Oil rides to seven-week high on Gulf storm, tightening U.S. supply

NEW YORK (Bloomberg) -- Oil rode a tide of bullish news to its highest price in almost two months as a potential hurricane roiled the Gulf of Mexico and U.S. crude inventories dropped. Futur.........

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10 2019-07

Mexico’s moratorium on oil auctions gives rival Brazil an edge

RIO DE JANIERO and MEXICO CITY (Bloomberg) -- Mexicos moratorium on auctioning off its oil riches to foreign producers is giving a leg up to nearby rivals Brazil and Guyana. Mexico President.........

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09 2019-07

Iran says seized oil tanker in Gibraltar wasn't sailing to Syria

DUBAI (Bloomberg) -- Iran said an oil tanker that was seized by British forces near Gibraltar wasnt destined for Syria. The ship was navigating in international waters, Deputy Foreign Minist.........

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05 2019-07

Saudi Arabia, Kuwait make breakthrough in neutral zone oil talks

KUWAIT and LONDON (Bloomberg) -- Saudi Arabia and Kuwait are the closest in years to restoring oil output from the neutral zone shared by the neighboring nations after making a breakthrough .........

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02 2019-07

Marathon Oil closes on sale of its UK business

HOUSTON -- Marathon Oil Corporation (NYSE: MRO) announced today the company has closed on the sale of its UK business, which consists of the Brae area fields and Foinaven, to RockRose Energy.........

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26 2019-06

Why oil's outlook could be even bleaker than expected

SINGAPORE and BEIJING (Bloomberg) -- As storm clouds gather over the worlds top oil-consuming region, OPEC and its allies would be advised to pay close attention as they prepare to make a ke.........

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24 2019-06

Oil gains as new sanctions set to ratchet up pressure on Iran

SYDNEY (Bloomberg) -- Oil extended its rally after the U.S. said it was preparing new sanctions against Iran, further escalating tensions between the two states. Futures in New York were up .........

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18 2019-06

Oil short-selling surges as global demand outlook deteriorates

SAN FRANCISCO (Bloomberg) --Oil skeptics are gaining ground fast as the outlook for global demand worsens. Hedge funds boosted their bets that West Texas Intermediate crude will fall by 46%,.........

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17 2019-06

Oil supply to swamp demand, squeeze OPEC in 2020, IEA says

LONDON (Bloomberg) -- Global oil supplies will increase far more than demand next year with the start of a host of new projects, putting further pressure on the OPEC cartel, the Internationa.........

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30 2019-05

Shell continues South African oil expansion with second deal

JOHANNESBURG (Bloomberg) -- Months after a major discovery by Total SA boosted the countrys hydrocarbon prospects, Royal Dutch Shell Plc is planning to acquire an oil-block stake in a second.........

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29 2019-05

Russia's new icebreakers carve path for oil and gas shipping

WASHINGTON (Bloomberg Opinion) -- Last weekend, Russia launched the last of a new crew of atomic icebreakers meant to consolidate the countrys dominance of commercial traffic in the Arctic. .........

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