LOCATION :Home> Industry News

With City Gas Newly Added, cippe2021 Will Display with Ten Major Areas

The Worlds Leading Event for Oil Gas Industry in China The 21stChinaInternationalPetroleumPetrochemical TechnologyandEquipmentExhibition (cippe2021) 30 March - 1 April, 2021 NCIEC, Beijing, China cippe2021 will display in the whole oil and......【More】

2020-12-14

Asian oil demand strengthens North Sea crude markets

(Bloomberg) --North Sea oil prices are finally strengthening, catching up with other markets that already rallied on the back of rising buying interest from Asia, where demand in many places has already recovered from Covid-19. North Sea cr......【More】

2020-12-08

Oil prices rise as OPEC+ delays a decision on output hikes

(Bloomberg) --Oil erased earlier losses with OPEC+ seeking more time to reach a deal on production policy after a meeting broke down without an agreement. Futures were 0.7% higher in New York, buoyed by a weaker dollar and a rally in equity......【More】

2020-12-02

<p> (Bloomberg) --BP said it will invest more money in Middle Eastern oil and natural-gas field

(Bloomberg) --BP said it will invest more money in Middle Eastern oil and natural-gas fields even as it transitions to renewable energy and tries to lower emissions. The company is a major producer in countries such as Iraq, where it operat......【More】

2020-11-30

OPEC+ projected to delay oil output hike by at least three months

(Bloomberg) --OPEC and its allies will likely delay a supply increase planned for January by three months, according to a survey of oil analysts, traders and refiners. The 23-nation coalition led by Saudi Arabia and Russia will probably def......【More】

2020-11-27

Oil’s recent surge compounds OPEC+ production challenges

(Bloomberg) --With OPEC+ just days from meeting, those countries who favor ratcheting up oil production may be finding some support for their arguments from surging prices. Headline futures contracts jumped 30% this month with Brent at one......【More】

2020-11-26

Oil prices reach three month high on improving demand outlook

(Bloomberg) --Oil touched its strongest level since early September as signs that Covid-19 vaccinations in the U.S. could be underway within three weeks improved the demand outlook. Markets broadly rallied after AstraZeneca Plc became the l......【More】

2020-11-24

EIA projects $43 oil, flat U.S. production in the first half of 2021

WASHINGTON, DC The U.S. Energy Information Administration reported that a record 12.9 million barrels per day (bpd) of crude oil was produced in the United States in November 2019 and was at 12.7 million bpd in March 2020, when the Presiden......【More】

2020-11-18

<p> HOUSTON - The Oil and Gas Climate Initiative (OGCI) announced its aggregate performance da

HOUSTON - The Oil and Gas Climate Initiative (OGCI) announced its aggregate performance data for 2019. It shows the collective upstream methane and carbon intensity of member companies aggregated upstream oil and gas operations stand at 0.2......【More】

2020-10-20

Oil markets turning bearish amid signs of pandemic’s accelerating economic impact

(Bloomberg) --Six months after the coronavirus pandemics initial punch, signs of a second wave are already emerging in the oil market. Chinas buying has slowed after the nation binged when crude was cheap. Some of the largest producers in t......【More】

2020-09-10