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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
21 2019-05

Venezuela falls to fourth-largest oil producer in Latin America

HOUSTON (Bloomberg) -- Venezuela, which sits atop more oil than Saudi Arabia, has fallen behind three other Latin American countries as years of mismanagement and lack of investments take it.........

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14 2019-05

Saudi Arabia claims oil tankers attacked as Iran tensions rise

DUBAI (Bloomberg) -- Saudi Arabia said two of its oil tankers were attacked while sailing toward the Persian Gulf, adding to regional tensions as the U.S. increases pressure on Iran. Crude r.........

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13 2019-05

Houston Ship Channel still not safe for passage to GOM after oil spill

WASHINGTON (Bloomberg) -- The U.S. Coast Guard said on Saturday its too early to estimate when the Houston Ship Channel can reopen after a collision that spilled about 9,000 bbl of a gasolin.........

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10 2019-05

Iranian crude shipments slump as U.S. oil sanctions bite deeper

LONDON (Bloomberg) -- Irans oil shipments tumbled this month after the U.S. ended sanctions waivers that allowed eight governments to buy from the Persian Gulf country. So far, not a single .........

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09 2019-05

Saudis willing to meet all orders from ex-Iran oil buyers

DUBAI (Bloomberg) -- If you have had to stop buying oil from Iran, Saudi Arabia has you covered, for June, anyway. The worlds biggest oil exporter has received moderate requests from custome.........

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08 2019-05

Shell, Eni execs face corruption allegations over Nigerian oil deal

LONDON and ROME (Bloomberg) -- Royal Dutch Shell Plc and Eni SpA face additional corruption allegations over a Nigerian oil deal, after the West African countrys government said in a London .........

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07 2019-05

Activist investor urges Carrizo Oil & Gas to sell

NEW YORK (Bloomberg) -- Activist investor Lion Point Capital has built a position in Carrizo Oil Gas Inc. and wants the driller to explore a sale or merger with another Permian explorer to g.........

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05 2019-05

Equinor profit beats estimates as oil output tops prediction

OSLO (Bloomberg) -- Norways Equinor beat profit and cash-flow estimates after pumping more oil and gas than predicted. First-quarter results at the state-controlled producer cap a mixed seri.........

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29 2019-04

Oil patch shifts from growth to cash flow as U.S. rig count falls

HOUSTON (Bloomberg) -- Oil explorers idled rigs in the U.S. for a second consecutive week as operators shifted focus from production growth to cash flow. Working oil rigs fell by 20 this wee.........

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28 2019-04

Total’s cash flow up as record output offsets lower oil price

PARIS (Bloomberg) Total SA boosted cash flow in the first quarter as record hydrocarbon output and soaring sales of liquefied natural gas compensated for a drop in crude prices. The French e.........

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26 2019-04

Nigeria plans to double crude oil production, triple refining in bid for self-reliance

ABUJA (Bloomberg) -- Nigeria plans to almost double oil production and triple its refining capacity by 2025, reviving previous pledges for the countrys oil independence. The OPEC member is l.........

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24 2019-04

Lukoil reaches 100 MMt of oil at West Qurna-2 field

IRAQ -- Cumulative production at the West Qurna-2 field has reached 100 MMt of oil as part of successful implementation of Phase 1 of the project. With 184 wells drilled at the field, the av.........

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23 2019-04

OPEC+ oil cuts jeoperdized by Iran waiver termination

CAIRO (Bloomberg) -- As the U.S. ends waivers that let countries buy Iranian crude, this threatens to squeeze oil supplies in an already tight market. The decision may also jeopardize the de.........

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22 2019-04

CNPC overseas equity oil, gas output up 10% in first-quarter 2019

BEIJING (Xinhua) -- Overseas equity of oil and gas production of China National Petroleum Corporation (CNPC) rose 10% year over year in the first-quarter 2019. Production came in at 26.09 mi.........

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18 2019-04

South Sudan reignites dormant blocks to boost oil production

JOHANNESBURG (Bloomberg) -- South Sudan plans to increase oil production by using blocks that were shut-in due to civil war, according to the nations oil minister. The country aims to reach .........

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