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    The Annual Equipment of Pipeline and Oil &Gas Storage and Transportation Event
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    The 26thBeijing International Exhibition on Equipment of Pipeline and Oil & Gas Storage and Transportation

    ufi

    BEIJING, China

    March 26-28,2026

    LOCATION:HOME> News> Industry News
    Industry News
    The following is the news list page
    16 2020-12

    Wall Street favor shifting from U.S. shale to Canadian oil sands

    CALGARY (Bloomberg) --After years in the shadow of the U.S. shale boom, the Canadian oil sands are emerging from 2020s historic market crash with a slew of upbeat outlooks from Wall Street e.........

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    15 2020-12

    Oil prices find new strength as financial markets prep for a 2021 recovery

    (Bloomberg) --Brent crude topped $50 a barrel last week for the first time since March, a milestone for an oil market thats been grinding its way back out of a deep slump for months. Things .........

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    08 2020-12

    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.........

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    02 2020-12

    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 Yor.........

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    27 2020-11

    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 coalitio.........

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    26 2020-11

    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 .........

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    24 2020-11

    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 .........

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    18 2020-11

    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.........

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    17 2020-11

    Vaccine news alone won’t solve OPEC’s oil output puzzle

    (Bloomberg) --Oil markets may be cheering the prospects of a coronavirus vaccine, but OPEC+ cant celebrate. Crude prices have rallied to a 10-week high on hopes that Pfizer Inc. and BioNTech.........

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    10 2020-11

    Libya passes 1 million barrel per day oil production milestone

    (Bloomberg) --Libya boosted oil production to more than 1 million barrels a day, a milestone for the North African country after civil war all but shut its energy industry. The OPEC member, .........

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    06 2020-11

    EU expects U.S. natural gas suppliers to contribute to carbon-neutrality goals

    (Bloomberg) - The European Union is looking at ways to put pressure on global exporters of liquefied natural gas to reduce their greenhouse gas footprint, part of the continents effort to sl.........

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    02 2020-11

    With little left to cut, oil majors must wait for a recovery

    HOUSTON and LONDON (Bloomberg) --It was Andrew Swiger, the chief financial officer at Exxon Mobil Corp., who summarized the attitude of the whole industry after Big Oil ended reporting anoth.........

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    20 2020-10

    Oil and Gas Climate Initiative reports progress on upstream methane and carbon intensity t

    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 aggre.........

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    10 2020-09

    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 c.........

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    08 2020-09

    Jordan to resume Iraqi oil imports halted by pandemic

    (Bloomberg) --Jordan will resume imports of crude oil from its Middle East neighbor Iraq this month after suspending shipments due to the coronavirus. Imports of about 10,000 barrels a day w.........

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