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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
The following is the news list page
05 2018-02

Oil below $70 as U.S. shale surge looms over bullish banks

LONDON (Bloomberg) --Brent crude traded below $70/bbl as the specter of expanding U.S. supply was weighed against Wall Street banks growing faith in a price rally. The benchmark grade is on .........

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02 2018-02

Iraqi oil-export ambitions seen putting strain on OPEC accord

DUBAI (Bloomberg) --OPEC likes to trumpet its record-breaking compliance with output cuts. Yet one of its largest members has been opening the taps and doesnt plan to scale back any time soo.........

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01 2018-02

U.S. shale growth could support Caribbean oil storage owners

NEW YORK (Bloomberg) --Caribbean oil terminals hurt by dwindling Venezuelan supply and a market that encourages traders to pull oil out of tank may get a shot in the arm fromU.S. shale. Supp.........

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31 2018-01

Trump tax plan a $190-billion boost to U.S. oil, study shows

NEW YORK (Bloomberg) --When President Donald Trump gives his State of the Union address Tuesday night, hell surely tout the sweeping U.S. tax overhaul approved by Congress last month. For th.........

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30 2018-01

Jersey Oil & Gas announces approval of Verbier appraisal

LONDON -- Jersey Oil Gas, an independent upstream oil and gas company focused on the UK Continental Shelf (UKCS) region of the North Sea, is pleased to announce that the co-venturers in resp.........

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29 2018-01

Oil advances as cheap dollar stokes demand for tightening supply

NEW YORK (Bloomberg) --Oil is on course for its third weekly gain this month as the cratering value of the U.S. currency elevated demand for dollar-denominated commodities when spare crude s.........

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26 2018-01

Optimism reigns in oil market as focus turns to stockpile drop

HONG KONG (Bloomberg) --Oilsurged to the highest level in more than three years as investors cheered a record run of declines in American crude stockpiles, showing resolve in the face of sur.........

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25 2018-01

China passes South Korea as No. 2 LNG importer

SINGAPORE and SHANGHAI (Bloomberg) --Chinas General Administration of Customs just confirmed what liquefied natural gas industry insiders have been speculating for weeks: Theres a new No. 2 .........

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22 2018-01

Waters near Florida still being considered for oil drilling

WASHINGTON (Bloomberg) --Despite Interior Secretary Ryan Zinkes Jan. 9 declaration that Florida is off the table for offshore oil drilling, that activity is actually still on the table. The .........

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18 2018-01

Oil extends slide on speculation hedge-fund buying went too far

LONDON (Bloomberg) --Oil continued to slide from a three-year high on speculation that a record long position built up by money managers leaves prices vulnerable to a pullback. U.S. futures .........

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17 2018-01

Oil slips from three-year high as market seen vulnerable to pullback

LONDON (Bloomberg) --Oil slipped from a three-year high amid speculation that a surge in hedge-fund buying had pushed prices up too quickly. U.S. crude futures lost 0.4% while in London Bren.........

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16 2018-01

ExxonMobil encounters hydrocarbons onshore Papua New Guinea

IRVING, Texas -- ExxonMobil today announced that it encountered hydrocarbons after drilling the onshore Pnyang South-2 well, located in the Western Province of Papua New Guinea. We are curre.........

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15 2018-01

Fracers arise from oil-price rout on a course to dominate 2018

HOUSTON (Bloomberg) --Less than two weeks in, 2018 is shaping up to be the year of the fracer. The worlds two biggest oilfield service providers, Schlumberger Ltd. and Baker Hughes, are the .........

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12 2018-01

Simmons Edeco recognized for international growth

CALGARY -- Simmons Edeco, a leading supplier of wellhead and valve maintenance, asset integrity solutions and onshore drilling services to the global oil and gas industry, announced that it .........

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11 2018-01

Oil rises from three-year high as U.S. stockpiles seen plunging

LONDON (Bloomberg) --Oil extended gains from the highest close in more than three years as U.S. industry data signaled crude stockpiles dropped an eighth week. Futures climbed as much as 1.1.........

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