The Annual Petroleum & Chemical Automation Technology & Equipment and Instrumentation Event
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2025 Beijing International Gas Applications and Technical 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
30 2023-08

Shale drilling in Permian basin shrinks at fastest pace in three years

(Bloomberg) – Operators in the Permian basin pulled back on rig use at the fastest pace in three years as the world’s most prolific shale basin shrinks amid consolidation and the slow retu......

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18 2023-08

CNPC (Iraq) Halfaya welcomes visit of senior Iraqi officials

On March 22, Hayan Abdul Ghani, Iraqi Deputy Prime Minister and Minister of Oil, along with the Minister of Electricity, Deputy Minister of Oil, and other senior officials visited the Halfay.........

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24 2023-04

Halliburton Nigeria oil production facility reaches 10 MMbbl milestone

Halliburton Testing and Subsea (TSS) Nigeria is celebrating two significant milestones: an early production facility (EPF) recently processed its 10 millionth boe . Equally impressive, the t.........

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24 2023-04

ABS CEO awarded prestigious leadership award for energy transition contribution

ABS Chairman, President and CEO Christopher J. Wiernicki has been awarded the GREEN4SEA Leadership Award recognizing his industry leadership and contribution to a more sustainable industry.W.........

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04 2023-04

OPEC shows no sign of adjusting oil production at upcoming meeting

The OPEC+ coalition is showing no signs of adjusting oil production next week, staying the course amid turbulence in financial markets.blue oil barrel with OPEC logoGroup leader Saudi Arabia.........

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04 2023-04

QatarEnergy, ExxonMobil partner for two exploration licenses offshore Canada

QatarEnergy entered into a farm-in agreement with ExxonMobil Canada for two exploration licenses offshore the province of Newfoundland and Labrador in Canada.exploration platform offshore Ca.........

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04 2023-04

API: “Well past time” for Department of Interior to finalize five-year federal offshore oi

The American Petroleum Institute (API) issued the following statement on today’s offshore lease sale mandated by the Inflation Reduction Act from API Vice President of Upstream Policy .........

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03 2023-04

World's largest DP shuttle tanker built by China delivered

China National Offshore Oil Corporation announced on Friday that the world's largest DP shuttle tanker, NS Pioneer, independently designed and built in China, was officially delivered in.........

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04 2023-01

U.S. Department of Energy advances MMEX Resources to final application stage for Trans Per

(WO) — MMEX Resources Corp., sponsor of the Trans Permian H2Hub announced that The U.S. Department of Energy (DOE) approved its concept paper to advance to the final application stage .........

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03 2023-01

New CEO of Petrobras to focus on energy transition

(Bloomberg) — President-elect Luiz Inacio Lula da Silva has selected a senator and former Petrobras official to lead Brazil’s state-controlled oil giant with the aim of turning i.........

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27 2022-10

DNV partners with energy companies in three energy transition safety JIPs

The energy transition depends on several technologies with potential hazardous characteristics, such as carbon capture and storage, and utilization of hydrogen and ammonia. When deploying th.........

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29 2022-09

U.S. oil-output growth to exceed government forecast, Bloomberg analysis says

(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 prices

(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 producer in August

(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 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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