The Annual Petroleum & Chemical Automation Technology & Equipment and Instrumentation Event
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2023 Beijing International Gas Applications and Technical Equipment Exhibition

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BEIJING, China

May 31-June 2, 2023

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Industry News
The following is the news list page
29 2022-09

U.S. oil-output growth to exceed government forec

(Bloomberg) — The U.S. is on track to grow oil production faster than the government is forecasting, according to a BloombergNEF analysis.The latest BNEF report estimates daily US oil .........

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28 2022-09

Biden calls on oil companies to reduce their price

(Bloomberg) — While U.S. gasoline prices have come down from the highs seen this summer, they’re clearly still weighing on President Joe Biden, who on Monday repeated demands for.........

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09 2022-09

Angola tops Nigeria as Africa’s biggest oil produc

(Bloomberg) — Nigeria lost its crown as Africa’s largest crude producer as Angola surpassed the country for the first time in more than five years.Angola’s average daily ou.........

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14 2022-07

High oil prices pose high risk to economic recover

(Bloomberg) — Oil prices pose a high risk to the global economic recovery, with signs that fuel costs are starting to “take their toll” on demand growth, the International .........

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23 2022-03

Eni Makes Significant Oil And Gas Discovery In Alg

Eni and Sonatrach have made a significant oil and associated gas discovery in the Berkine North Basin in the Algerian desert.Italian energy major Eni and Algerian national state-owned oil co.........

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11 2021-11

Oil prices slide on surprise increase in U.S. crud

(Bloomberg) --Oil slid after a U.S. government report showed a surprise increase in domestic crude stockpiles.Futures in New ......

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09 2021-08

Natural gas prices surge as energy transition-driv

MOSCOW (Bloomberg) --The era of cheap natural gas is over, giving way to an age of far more costly energy that will create ripple effects across the global economy. Natural gas, used to gene.........

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19 2021-07

OPEC agrees to boost oil output in August on Saudi

(Bloomberg) - OPEC and its allies agreed to gradually add more oil supplies to the market, ending a two-week spat between Saudi Arabia and the United Arab Emirates. The unusually public disp.........

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16 2021-07

Another day of falling oil prices as U.S. gasoline

(Bloomberg) --Oil fell for a second day after a surprise jump in U.S. gasoline stockpiles tempered signs that the American market has returned to robust health. Futures in New York slid near.........

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25 2021-02

Oil prices reach one-year high as global crude sup

(Bloomberg) --Oil surged to the highest in more than a year as the market looks ahead toward an accelerating decline in global inventories and a comeback in demand. Futures in New York climb.........

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02 2021-02

Oil surges on signs of a tight global crude market

(Bloomberg) --Oil surged by the most intraday in three weeks, lifted by broader market strength and optimism over demand recovering this year. Futures climbed as much as 2.4% in New York on .........

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25 2021-01

Biden’s fiscal and climate priorities may support

(Bloomberg) --Initial steps taken by U.S. President Joe Bidens administration may help support the oil market this year and next, according to Goldman Sachs Group Inc. A focus on fiscal spen.........

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29 2020-12

Oil price rally fades as OPEC’s plans overshadow U

(Bloomberg) --A brief rally in crude oil deflated Monday as investors ignored a broader market surge that pushed equities to an all-time high and focused instead on looming new supply from O.........

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22 2020-12

Oil prices dive as mutating virus chokes internati

(Bloomberg) --Oil plummeted the most in seven weeks, with investors fleeing the market as a mutation of Covid-19 discovered in the U.K. threatened more lockdowns across Europe. Brent futures.........

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18 2020-12

Oil prices climb past 10-month record on rallying

(Bloomberg) --Oil extended gains from the highest settlement in almost 10 months after broader markets rallied and American crude stockpiles declined more than expected. Futures in New York .........

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