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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06 2019-12

Oil holds gain as OPEC ministers gather for Vienna meeting

SINGAPORE (Bloomberg) - Oil held its biggest surge in more than two months as OPEC ministers gather in Vienna do discuss output cuts. Futures were little changed in New York after jumping 4..........

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04 2019-12

Oil extends gains as OPEC+ prepares to meet

NEW YORK (Bloomberg) - Oil rose for a second day as investors focused on the upcoming OPEC+ meeting that could lead to deeper supply cuts by some of the worlds biggest crude producers. Futur.........

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03 2019-12

Rising number of North Sea oil and gas firms engaged in energy transition

ABERDEEN - Almost 40% of North Sea operators and contractors are concerned about diversification and energy transition with around half (49%) working to reduce their carbon footprints or dev.........

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28 2019-11

Oil rises as optimism about U.S.-China trade-war truce abounds

NEW YORK (Bloomberg) - Oil advanced, shedding earlier losses, amid growing optimism about prospects for a settlement in the long-running U.S.-China trade war. Futures rose 0.4% in New York o.........

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12 2019-11

Aramco sees oil demand falling after 2040, per IPO prospectus

DUBAI (Bloomberg) - Global oil demand may peak within the next 20 years, according to an assessment included in the prospectus for Saudi Aramcos initial public offering, suggesting views are.........

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06 2019-11

Oil climbs to six-week high on signs of trade war resolution

NEW YORK (Bloomberg) - Oil rose to a six-week high on mounting signs that a resolution to the U.S.-China trade dispute is imminent. Futures advanced as much as 1.8% on Monday in New York. Ch.........

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29 2019-10

Oil declines on new signs of expanding U.S. crude stockpiles

NEW YORK (Bloomberg) - Oil fell for the first time in a week amid renewed signs of swelling crude inventories in the worlds biggest economy. Futures dropped as much as 1.3% in New York on Mo.........

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28 2019-10

Oil posts biggest weekly gain in five weeks on trade optimism

CALGARY (Bloomberg) - Oil posted the biggest weekly gain in more than a month as supplies tightened and the White House signaled progress on U.S.-China trade talks. Futures in New York rose .........

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15 2019-10

Oil short-selling more than doubles despite Mideast risks

CALGARY (Bloomberg) - Oil short-selling has more than doubled in three weeks, with attacks on oil facilities and tankers unable to push prices higher for very long. Hedge fund bets on a West.........

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12 2019-10

Oil jumps above $60 as Iran tanker attack reignites Mideast risk

SINGAPORE (Bloomberg) - Oil jumped back above $60/bbl after reports of a missile strike on an Iranian tanker near the Saudi Arabian port city of Jeddah reignited fears over military escalati.........

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09 2019-10

Jersey Oil and Gas details Buchan’s "significant" resources

ST. HELIER -- Jersey Oil and Gas PLC has revealed the findings of a new independent evaluation of its recently acquired Greater Buchan Area project in the North Sea. The AIM-quoted explorer .........

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29 2019-09

Pemex faces oil trading team exodus amid pricing review

MEXICO CITY (Bloomberg) Pemexs head of crude oil trading Victor Briones and two other executives left the company amid a conflict over an external review of the nations crude price formulas,.........

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29 2019-09

Pemex faces oil trading team exodus amid pricing review

MEXICO CITY (Bloomberg) Pemexs head of crude oil trading Victor Briones and two other executives left the company amid a conflict over an external review of the nations crude price formulas,.........

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26 2019-09

Oil holds declines after U.S. crude stocks rise for second week

NEW YORK (Bloomberg) - Oil held declines after the U.S. government reported a build in nationwide crude inventories for the second consecutive week. The Energy Information Administration sai.........

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24 2019-09

Oil stabilizes amid mixed reports over pace of Saudi recovery

NEW YORK (Bloomberg) - Oil stabilized as traders weighed conflicting reports on how quickly Saudi Arabia will be able to restore its lost production. Brent crude was little changed, after fa.........

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