The Annual Equipment of Pipeline and Oil &Gas Storage and Transportation Event
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The 16thBeijing International Natural Gas Technology & Equipment Exhibition

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BEIJING, China

March 26-28,2026

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Industry News
The following is the news list page
29 2022-12

World Oil’s Top Stories of 2022: 1-5

(WO) — 2022 was an enormous year for the oil and gas industry. From oil discoveries in Wyoming to Russia working around Western sanctions, there was no shortage of ground-breaking news. Read.........

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28 2022-12

CNOOC Limited begins production on block development project offshore China

(WO) — CNOOC Limited announced on Dec. 25 that Kenli 6-1 oilfield 5-1, 5-2, 6-1 block development project commenced production.The project is in the south Bohai Sea, with an average wa.........

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23 2022-12

Saudi Arabia invites China’s Xi to form energy partnerships

(Bloomberg) — Two months after snubbing U.S. President Joe Biden’s pleas for oil, Saudi Arabia is rolling out the red carpet for his Chinese counterpart, Xi Jinping.Xi will visit.........

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22 2022-12

Texas Railroad Commissioner applauds ESG Senate hearing

(WO) — The Senate Committee on State Affairs held a hearing in Marshall, Texas, on Dec. 15 investigating the expansion of the Environmental, Social, and Governance (ESG) movement.Texas.........

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21 2022-12

Frost & Sullivan collaborates with Applied Risk on new white paper outlining operation

(WO) — Frost & Sullivan and Applied Risk, a DNV company, have joined forces to publish a new white paper outlining practical steps for designing, implementing, and maintaining sustaina.........

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10 2022-11

Tanzania, Equinor, Shell to sign key $40 billion LNG-project accords next month

(Bloomberg) — Tanzania will sign key agreements with oil majors including Equinor ASA and Shell Plc next month to pave the way for a planned $40 billion liquefied natural gas export pr.........

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27 2022-10

West Texas natural gas prices go negative for first time in years

(Bloomberg) — Natural gas prices in West Texas dipped below zero for the first time since 2020 as booming production overwhelms pipeline networks, trapping supplies in the region.Gas f.........

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21 2022-10

Technip Energies makes ‘orderly exit’ from Russia’s Arctic LNG 2 project

French contractor expects to take several months to compete exit from Russian schemeFrench engineering group Technip Energies has said it is making an “orderly exit” from its lar.........

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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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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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