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  • The Annual Shale Gas Technology & Equipment Event
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    The 15thBeijing International Shale Gas Technology and Equipment Exhibition

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    BEIJING,CHINA

    March 26-28,2025

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    Industry News
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    29 2017-09

    Shale drillers, oil sands producers need crude above $50/bbl for boom to last

    CALGARY (Bloomberg) --Shale drillers and oil sands producers have posted some healthy profits so far this year, but itll take oil consistently above $50/bbl for their investments to pay off .........

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    28 2017-09

    Oil prices fall on profit-taking

    NEW YORK, Sept. 26 (Xinhua) -- Oil prices declined on Tuesday as investors took profits from recent rally. The West Texas Intermediate for November Delivery lost 34 U.S. cents to settle at 5.........

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    27 2017-09

    Oil rally puts bulls on top, but $60-plus oil could be tough to sustain

    LONDON and SINGAPORE (Bloomberg) --Oil bulls are back in the drivers seat with $60/bbl in sight, but it could be a short ride. OPEC and Russia are cutting output deeper than ever, demand is .........

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    26 2017-09

    Block Energy acquires 100% interest of two fields in Georgia

    LONDON -- Block Energy, an exploration and production company focused on the Republic of Georgia, has announced that it has agreed to acquire the outstanding 31% working interest in, and to .........

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    25 2017-09

    Transocean retires six floaters

    ZUG, Switzerland -- Transocean announced today its intent to retire the ultra-deepwater floaters GSF Jack Ryan , Sedco Energy , Sedco Express , Cajun Express , and Deepwater Pathfinder , and.........

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    22 2017-09

    IPAA responds to dismissal of hydraulic fracturing rule case

    WASHINGTON, D.C. -- Independent Petroleum Association of America (IPAA) President and CEO Barry Russell issued a statement in response to a U.S. appeals courts dismissal of a hydraulic fract.........

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    21 2017-09

    Oil prices waver as oil refineries restart

    NEW YORK, Sept. 18 (Xinhua) -- Oil prices settled mixed on Monday as oil demand is seen decreasing with refiners set to begin seasonal maintenance. The West Texas Intermediate for October de.........

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    20 2017-09

    BNK Petroleum commences Brock 9-2H well fracture stimulation in Oklahoma

    CAMARILLO, California -- BNK Petroleum Inc. has announced that fracture stimulation completion operations on the previously drilled Brock 9-2H well have commenced. The fracture stimulation i.........

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    19 2017-09

    Oil hits another wall, fails to sustain rally above $50

    NEW YORK (Bloomberg) --Oil hit a wall again, failing to sustain a rally above $50/bbl for a third straight session. Thats partly because demand typically drops this time of year as many crud.........

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    18 2017-09

    Oil prices climb after IEA report

    NEW YORK, Sept. 13 (Xinhua) -- Oil prices climbed on Wednesday, as the International Energy Agency (IEA) reported a surplus of crude supply was starting to decline. The West Texas Intermedia.........

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    15 2017-09

    Oil breaches $50 for first time in more than a month amid demand resurgence

    NEW YORK (Bloomberg) --Oil topped $50/bbl for the first time in more than a month amid heightened optimism that a demand resurgence is in the offing. Futures rose as much as 1.7% in New York.........

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    14 2017-09

    Africa Energy Corp. acquires shares in Namibia

    VANCOUVER -- Africa Energy Corp. has announced the acquisition of one-third of the shares in a subsidiary of Pancontinental Oil Gas N.L. that holds a 30% participating interest in Petroleum .........

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    13 2017-09

    Norway prime minister wins second term as insurgency against oil fizzles

    OSLO (Bloomberg) --Prime Minister Erna Solberg became Norways first Conservative Party leader in over three decadesto be re-elected as a movement to stop further oil exploration in western E.........

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    12 2017-09

    Hedge funds flip-flop as Harvey shakes up crude market

    NEW YORK (Bloomberg) --Harveys got hedge funds caught in a whirlwind. Just after the storm triggered the biggest rush to a more bearish stance on West Texas Intermediate crude since 2007, th.........

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    11 2017-09

    Oil prices decline on Hurricane Irma

    NEW YORK, Sept. 8 (Xinhua) -- Oil prices fell on Friday as Hurricane Irma drove towards U.S. state of Florida. The West Texas Intermediate for October Delivery lost 1.61 dollar to settle at .........

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