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Beijing International Petroleum and Petrochemical Safety Production Exhibition

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March 26-28,2026

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Industry News
The following is the news list page
06 2019-08

As shale drillers stumble, Big Oil says it can do Permian better

HOUSTON (Bloomberg) - Exxon Mobil and Chevron arent fazed by the drilling mistakes and funding hurdles smaller shale producers are running into in the Permian basin. The North American super.........

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05 2019-08

U.S. Oil Giants Exxon, Chevron get boost from tax cut in Canada

(Bloomberg) - A corporate tax rate cut in the oil-rich province of Alberta, where both ExxonMobil and Chevron have operations, boosted Exxon s second-quarter profit by almost $500 million, a.........

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01 2019-08

EIA: U.S. crude oil production continues to set records

WASHINGTON - U.S. crude oil production in each of the first five months of 2019 showed increases over their 2018 levels, with April 2019 establishing a new monthly record. Production grew th.........

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31 2019-07

Oil surges as traders await fed cut, Iran clash squeezes supply

NEW YORK (Bloomberg) - Oil surged as the Federal Reserve moved toward a rate-cut to boost the economy even as lingering tensions with Iran threatened to choke Middle East supplies. Futures i.........

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30 2019-07

Oil advances most in almost three weeks as U.S. rate cut awaited

NEW YORK (Bloomberg) - Oil rose the most in almost three weeks on speculation that demand will get a bump from a potential U.S. Federal Reserve rate cut aimed at spreading economic benefits .........

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29 2019-07

Oil ends week higher as supply threats outweigh demand doubt

NEW YORK - Oil prices fluttered near $56 a barrel in a volatile trading session that pitted gnawing doubts about global demand with supply threats from the Middle East and elsewhere. Futures.........

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25 2019-07

EIA: U.S. oil producers increase shareholder distributions

WASHINGTON The U.S. Energy Information Administration reports first-quarter 2019 results for 43 U.S. oil producers indicate they have increased shareholder distributions through dividends an.........

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22 2019-07

Oil pares steep weekly loss as U.S. says it downed Iranian drone

LONDON - Oil snapped four days of losses after the U.S. said it downed an Iranian drone near the Strait of Hormuz, stoking concern crude flows from the Middle East may be disrupted. Futures .........

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19 2019-07

EIA: Summer natural gas prices on track to be the lowest since 1998

WASHINGTON - In its July 2019 Short-Term Energy Outlook (STEO), the U.S. Energy Information Administration (EIA) forecasts Henry Hub natural gas spot prices for June, July, and August this y.........

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18 2019-07

U.S. oil lets top Korean refiner pivot away from Middle East

SEOUL (Bloomberg) --South Koreas biggest oil refiner is looking to buy a wider variety of U.S. crude grades in a move that would reduce its reliance on supplies from the conflict-prone Middl.........

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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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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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