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The Annual Equipment of Pipeline and Oil &Gas Storage and Transportation Event
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The 27thBeijing International Exhibition on Equipment of Pipeline and Oil & Gas Storage and Transportation

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BEIJING, China

March 17-19,2027

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Industry News
The following is the news list page
18 2016-07

Oil producers prepare for second-half slump as rally sputters

HOUSTON (Bloomberg) -- Oil producers arent betting on the rally. After surviving two years of low prices, theyre gearing up for a third by buying protection against a renewed downturn. Lared.........

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15 2016-07

Oil retreats after industry data show U.S. stockpiles expanding

NEW YORK (Bloomberg) -- Oil fell after the biggest gain in three months as U.S. industry data showed the nations crude stockpiles increased, adding to concerns about oversupply. Futures lost.........

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14 2016-07

InterOil said to get Exxon buyout offer topping Oil Search

IRVING, Texas (Bloomberg) -- Exxon Mobil Corp. made an indicative takeover proposal for InterOil Corp. that topped a competing $2.2-billion bid for the owner of trillions of cubic feet of na.........

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13 2016-07

Premier Oil jumps in London as Brexit cuts costs in Sterling

LONDON (Bloomberg) -- Premier Oil rose the most this month in London trading after saying its benefiting from a decline in the British pound following the UKs vote to leave the European Unio.........

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12 2016-07

Falling U.S. oil output not enticing enough for wary investors

NEW YORK (Bloomberg) -- Not even a sharp decline in U.S. oil production can convince investors that crude prices are ready to rebound. Stubbornly high U.S. inventories and resurgent output f.........

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11 2016-07

Big Oil’s $45 billion of new projects signal spending revival

HOUSTON (Bloomberg) -- Two projects worth $45 billion announced this month show the worlds largest oil companies are regaining the confidence to make big investments, emboldened by rising cr.........

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07 2016-07

Oil swings between gains, losses as traders weigh Brexit effect

NEW YORK (Bloomberg) -- Oil swung between gains and losses after falling to a one-week low as investors fled to haven assets on concern the UKs vote to leave the European Union (EU) will hin.........

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06 2016-07

Oil heads for biggest drop in five months amid ample supplies

NEW YORK (Bloomberg) -- Crude headed for the biggest decline in almost five months on a gloomy outlook for the world economy and signs that oil stockpiles remain ample. Futures fell as much .........

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05 2016-07

Oil deficit dalliance seen ending as disrupted crude returns

NEW YORK (Bloomberg) -- The oil market surplus that vanished last quarter, helping prices post the best quarter in seven years, may return as early as this month as disrupted supply starts t.........

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04 2016-07

Oil rally threatened as gasoline supply surge swamps U.S. demand

NEW YORK (Bloomberg) -- American drivers seemingly insatiable thirst for gasoline is running into a flood of supply. Refineries across the nation are operating full-out and imports are pouri.........

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01 2016-07

Oil pares biggest quarterly gain since 2009 amid rebalancing

NEW YORK (Bloomberg) -- Oil headed for the biggest quarterly advance in seven years as falling U.S. supply added to speculation the global surplus is easing. Futures fell as much as 2.8% in .........

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30 2016-06

Abu Dhabi merger to create oil producer dwarfing OPEC's Libya

DUBAI (Bloomberg) -- Abu Dhabis proposed merger of two of its largest sovereign investment funds would create a global energy business that produces more oil than OPEC member Libya and with .........

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29 2016-06

Venezuela’s oil output decline accelerates as drillers go unpaid

CARACAS, Venezuela (Bloomberg) -- Venezuelas oil output, already the lowest since 2009, is set to slide further this year as contractors scale back drilling after the cash-strapped country f.........

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28 2016-06

Oil caps biggest two-day loss since February on Brexit fallout

NEW YORK (Bloomberg) -- Oil capped the biggest two-day drop since February as futures remained volatile after the UK last week voted to leave the European Union. Futures tumbled 2.8% in New .........

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27 2016-06

Russia warns oil price drop may get ‘serious’ on Brexit shock

MOSCOW (Bloomberg) -- Russia warned that crude oil prices may plunge further if the shock of Britains vote to exit the European Union is combined with a boost in output. Returning production.........

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