The Annual Petroleum & Chemical Automation Technology & Equipment and Instrumentation Event
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Beijing International Petroleum & Chemical Automation Technology & Equipment and Instrumentation Exhibition

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BEIJING,CHINA

March 26-28,2025

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Industry News
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22 2022-12

IPAA appoints Steven Pruett as new board chairman

(WO) — The Independent Petroleum Association of America (IPAA) board of directors on Monday has appointed Steven H. Pruett, the president and CEO of Elevation Resources LLC, as board c.........

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21 2022-12

Shell, Eneco to build offshore wind farm in the Netherlands

(WO) — Shell and Eneco have won the tender to build an offshore wind farm at Hollandse Kust (west) lot VI. The project will have an installed capacity of approximately 760 MW and will .........

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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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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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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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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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23 2022-03

Eni Makes Significant Oil And Gas Discovery In Algerian Desert

Eni and Sonatrach have made a significant oil and associated gas discovery in the Berkine North Basin in the Algerian desert.Italian energy major Eni and Algerian national state-owned oil co.........

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26 2021-11

OPEC says SPR releases may worsen coming global oil surplus

LONDON (Bloomberg) --OPEC expects that oil stockpiles released by consuming nations could massively swell the surplus in global markets.The projections from OPEC’s advisory body -- the Econo.........

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10 2021-11

U.S. projects oversupplied global oil markets by early 2022

(Bloomberg) --The U.S. government projected that the global oil market will become oversupplied and prices will fall by early next year, cooling expectations that the White House may tap the.........

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01 2021-11

Iraq projects OPEC will rise to the global oil demand challenge

(Bloomberg) - A daily increase of 400,000 barrels in oil output would be enough to meet demand, according to Iraqi Minister Ihsan Abdul Jabbar.The minister commented days before representati.........

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26 2021-08

BP, PetroChina form JV to manage Iraq’s Rumaila oil field

LONDON (Bloomberg) - BP and PetroChina formed a joint venture to manage the giant Rumaila field in Iraq, an operating structure the British oil major has adopted in other parts of the world .........

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25 2021-08

State oil companies begin their own moves toward carbon neutrality

MEXICO CITY (Bloomberg) --Pemex left investors with more questions than answers after it announced in late July that it would be disclosing its greenhouse gas emissions on a more regular bas.........

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