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The 25thChina International Explosion Protection and Electric Technology & Equipment Exhibition

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BEIJING,CHINA

March 26-28,2025

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Industry News
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23 2018-04

Schlumberger quarterly profits surge on activity gains, higher oil prices

PARIS Schlumberger reported an 88% increase in quarterly profit as rising crudeoilprices encouraged North American operators to ramp up drilling. The companys revenue from North America incr.........

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20 2018-04

Oil extends rally before OPEC meeting after U.S. stockpiles fall

LONDON (Bloomberg) -- Oil rallied above $69/bbl after a surprise drop in U.S. inventories added to signs the market is in balance before a key OPEC meeting. Futures in New York rose as much .........

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19 2018-04

Trudeau is set on saving oil pipeline

OTTAWA(Bloomberg) -- Canadian Prime Minister Justin Trudeau and Alberta Premier Rachel Notley have signaled they could put money behind Kinder Morgans Trans Mountain pipeline expansion as th.........

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17 2018-04

U.S. offers $25 million cybersecurity grant after pipeline attacks

HOUSTON (Bloomberg) -- The U.S. wants to fund research targeting better cybersecurity for the nations power grid and the oil and natural gas industry, less than a month after web attacks hob.........

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16 2018-04

Oil set for biggest weekly gain in nine months amid supply risks

LONDON (Bloomberg) --Oil headed for the biggest weekly advance since July as concern over possible disruption to supply lends weight to signs of a dwindling glut. Futures gained more than 8%.........

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13 2018-04

New Zealand draws "line in the sand" with exploration ban

WELLINGTON (Bloomberg) --New Zealand will stop granting offshore oil and gas exploration permits, saying it is committed to playing its part in tackling climate change. The government is tak.........

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12 2018-04

Oil surges to three-year high as Middle East tensions intensify

NEW YORK (Bloomberg) --Crude in London and New York are at the highest levels since 2014 after U.S. President Donald Trump warned Russia to get ready for U.S. missiles to be fired at Syria a.........

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11 2018-04

U.S. oil debt eases as drillers target next shale play

HOUSTON (Bloomberg) --U.S. oil and gas producers expect their borrowing ability to increase over the next few months, leaving them open to invest in new shale assets, particularly the Eagle .........

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09 2018-04

Vallourec inks long-term agreements with Petrobras

PARIS -- Vallourec has announced that it has signed new contracts for the supply of products and services to the Brazilian national oil company Petrobras. In the framework of these three-yea.........

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08 2018-04

Drillers boost rig activity again as crude production soars

HOUSTON (Bloomberg) --Shale drillers boosted drilling activity in the U.S. oil patch to the highest in three years even as American crude output touched unprecedented levels. U.S. working oi.........

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21 2018-03

Oil hits three-week high as glut shrinks faster than expected

NEW YORK (Bloomberg) --Crude advanced to a three-week high as the OPEC-led alliance of major oil producers accelerated the timeline for curbing a worldwide supply glut. Futures in New York c.........

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20 2018-03

As Saudi prince visits U.S., shale transforms oil relationship

LONDON (Bloomberg) --From Franklin Roosevelt to George W. Bush, American presidents saw oil as the cornerstone of the relationship between Saudi Arabia and the U.S. -- a steady supply from t.........

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19 2018-03

Crude spike on Friday blamed on 'sideways trading'

NEW YORK (Bloomberg) --Crude ended Friday higher after a curious, late-morning spike left analysts scratching their heads. The market was little changed during morning hours of trading, but .........

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14 2018-03

Oil slides on speculation U.S. surge will undermine OPEC cuts

NEW YORK (Bloomberg) --Oil slid in New York amid concern that global demand might not absorb swelling U.S. supplies. Futures fell 1.1%, and April futures slipped below May contracts. The U.S.........

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13 2018-03

Oil bust was actually good for a town called 'Shale City'

NEW YORK (Bloomberg) --As the price of oil goes, so goes Williston, North Dakota. Now, though, the community located deep in the states Bakken shale play is working to break free from the in.........

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