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The Annual Offshore Oil & Gas Event
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The 25thBeijing International Offshore Oil & Gas Exhibition

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BEIJING,CHINA

March 26-28,2025

LOCATION:HOME> News > Industry News
Industry News
The following is the news list page
22 2022-08

Brazilian upstream consolidation leads to bullish production forecasts

National Oil Company Petrobras is focusing on output growth from pre-salt, following a trend of Brazilian oil independents raising output at fields the NOC already divested, Petroleum Econom.........

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21 2022-07

Biden announces wind turbine plan for oil-rich Gulf of Mexico

(Bloomberg) — President Joe Biden announced plans to advance offshore wind power in the Gulf of Mexico and in Atlantic waters near the Southeast U.S., part of a bid to prove he’s.........

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14 2022-07

High oil prices pose high risk to economic recovery, IEA says

(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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16 2022-05

Iran says it can double oil exports if market needs more barrels

(Bloomberg) — Iran has capacity to double oil exports if there’s sufficient demand, a top official said, even as a deal on the country’s nuclear program that could pave the.........

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21 2022-04

Digital energy industry to boost power sector

An intelligent robot helps technicians inspect power supply facilities in Chuzhou, Anhui province, in June. SONG WEIXING/FOR CHINA DAILYFast-growing field creating more effective, economical.........

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25 2022-03

Dallas Federal Reserve: Oil and gas expansion accelerates as outlooks improve significantl

Activity in the oil and gas sector accelerated during first-quarter 2022, according to oil and gas executives responding to the Dallas Fed Energy Survey, which is punctuated with a number of.........

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23 2022-03

Eni Makes Significant Oil And Gas Discovery In Algerian Desert

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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17 2021-12

Wison’s W.SEMI Floater Gets ABS Nod

ABS has awarded Wison Offshore & Marine (WOM) Approval in Principle (AIP) for its w.semi platform supporting floating wind turbines.Source: WOMDesigned for use in the South China Sea to supp.........

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14 2021-12

Fuling shale gas field reserves top 100b cubic meters

Chongqing Fuling shale gas field. [Photo/Xinhua]China Petroleum and Chemical Corp, also known as Sinopec, announced on Monday that newly proven reserves of its Fuling shale gas field now exc.........

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13 2021-12

Oil prices see best week since August as virus fears subside

(Bloomberg) --Oil set its biggest weekly gain in more than three months as the worst fears over the new virus strain have receded.West Texas Intermediate futures climbed 8.2% this week. Fuel.........

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01 2021-12

Sinopec starts world's largest green hydrogen plant

Workers change the billboard at a Sinopec gas station in Fuzhou, Fujian province. [Photo provided to China Daily]Construction began on Tuesday on the world's largest green hydrogen proje.........

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30 2021-11

Largest natural gas storage begins to supply gas to West-East Gas Pipeline

Photo: ICChina's largest natural gas storage facility, the Hutubi gas storage under China National Petroleum Corp (CNPC) in Northwest China's Xinjiang Uygur Autonomous Region, began .........

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26 2021-11

OPEC says SPR releases may worsen coming global oil surplus

LONDON (Bloomberg) --OPEC expects that oil stockpiles released by consuming nations could massively swell the surplus in global markets.The projections from OPEC’s advisory body -- the Econo.........

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09 2021-11

Oil prices would be twice as high without OPEC, says UAE's oil minister

LONDON (Bloomberg) --The United Arab Emirates said oil prices would be even higher today if it wasn’t for OPEC+, signaling the group will continue resisting U.S. pressure to pump faster.“For.........

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08 2021-11

Vitol sees Saudis and OPEC remaining cautious on oil output

(Bloomberg) --Saudi Arabia’s larger-than-expected rise in oil prices is a signal it will continue resisting U.S. pressure to pump faster, according to Vitol Group.Saudi Aramco hiked December.........

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