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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
19 2016-01

The North Dakota crude oil that’s worth less than nothing

HOUSTON (Bloomberg) -- Oil is so plentiful and cheap in the U.S. that at least one buyer says it would need to be paid to take a certain type of low-quality crude. Flint Hills Resources LLC,.........

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18 2016-01

Iran kicks off plan to boost oil exports as sanctions lifted

TEHRAN (Bloomberg) -- Iran is beginning efforts to boost oil production and exports amid a global supply glut after the removal of sanctions that shackled its economy and capped crude sales..........

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15 2016-01

Crude at $10 already a reality for Canadian oil-sands miners

CALGARY, Alberta (Bloomberg) -- Think oil in the $20s is bad? In Canada theyd be happy to sell it for $10. Canadian oil sands producers are feeling pain as bitumenthe substance at the center.........

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14 2016-01

China sets oil price floor at $40 to protect domestic supply

BEIJING (Bloomberg) -- China wont let fuel prices fall in line with crude below $40/bbl as the worlds second-biggest oil consumer seeks to curb pollution and shield domestic producers from o.........

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13 2016-01

Crude falls below $30 for first time in 12 years

NEW YORK (Bloomberg) -- Oil dropped below $30/bbl in New York for the first time in 12 years on concern that turmoil in Chinas markets will curb fuel demand. West Texas Intermediate crude tu.........

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12 2016-01

Crude tumbles to 12-year low as hedge funds head for exit

NEW YORK (Bloomberg) -- Crude declined to a 12-year low, confirming the view of hedge funds that cut bullish price bets to the lowest since 2010. Futures dropped as much as 4.7% in New York,.........

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11 2016-01

Statoil inks new agreements with OneSubsea, Aker Solutions

STAVANGER, Norway -- Statoil Petroleum has signed Master Service Agreements with Aker Solutions and OneSubsea Processing. The agreements form the basis for potential new EPC contracts for su.........

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08 2016-01

Saudi Arabia considering IPO for Aramco

RIYADH (Bloomberg) -- Saudi Arabia is considering its own Big Bang. The world biggest crude exporter is considering selling a stake in its state-owned company, which controls more than a ten.........

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07 2016-01

Crude tumbles below $34 as U.S. supply glut expands

NEW YORK (Bloomberg) -- Oil fell below $34/bbl in New York after U.S. gasoline inventories surged the most in 22 years and crude supplies at the American hub climbed to a record. Brent oil d.........

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06 2016-01

Oil falls to two-week low as U.S. stockpiles seen nearing record

NEW YORK (Bloomberg) -- Oil dropped to a two-week low on speculation that a government report will show U.S. crude inventories climbed last week. Futures fell as much as 1.9% in New York. St.........

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05 2016-01

Crude declines as global glut outweighs Middle East tensions

LONDON (Bloomberg) -- Oil reversed earlier gains as a global glut outweighed tensions between Saudi Arabia and Iran. Futures surged as much as 4.6% in London earlier after the Saudi governme.........

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04 2016-01

Iran says its planned boost in oil exports won’t harm market

TEHRAN (Bloomberg) -- Iran is trying to regain its lost share of global crude sales and has no intention of harming the oil market with its planned increase in production once sanctions are .........

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31 2015-12

ConocoPhillips to export first U.S. shale oil as it beats rivals

SAN ANTONIO -- On the heels of the U.S. governments recent lifting of the federal ban on the export of crude oil produced in the U.S., NuStar Energy and ConocoPhillips said Wednesday that th.........

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30 2015-12

TAQA announces first oil from Cladhan field in North Sea

ABERDEEN, Scotland -- Abu Dhabi National Energy Company PJSC (TAQA), has announced first oil from the new Cladhan field development in the UK North Sea. The field is developed as a subsea ti.........

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29 2015-12

Saudi Arabia cuts dependence on oil amid slump in crude prices

RIYADH (Bloomberg) -- Saudi Arabia, the worlds biggest crude exporter, continues to cut its dependence on oil revenue due to the slump in oil prices, even as the kingdom keeps boosting produ.........

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