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  • The Annual Shale Gas Technology & Equipment Event
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    The 16thBeijing International Shale Gas Technology and Equipment Exhibition

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    BEIJING,CHINA

    March 25-27,2026

    LOCATION:HOME> Industry News
    Industry News
    The following is the news list page
    15 2016-02

    Oil rebounds from lowest close in 12 years to pare weekly loss

    NEW YORK (Bloomberg) -- Oil rebounded from the lowest level in more than 12 years, paring its biggest weekly loss in a month as the rout in equities eased and OPEC reiterated its willingness.........

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    04 2016-02

    Oil gains after Russia says open to talking with OPEC

    LONDON (Reuters) -- Oil rose on Wednesday, paring earlier losses after Russia reiterated its openness to talking with OPEC about output cuts, which helped revive hope among investors that th.........

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    03 2016-02

    Oil slips towards $33 as hopes for production cut fade

    LONDON (Reuters) -- Oil prices fell around 3% on Tuesday, dented by worries about the demand outlook and rising supply, while hopes for a deal between OPEC and Russia on output cuts faded. B.........

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    02 2016-02

    Iranian political battles pose risk for oil contracts

    TEHRAN (Dow Jones) -- Iran is struggling to finalize the terms under which foreign energy companies can drill for oil there, as a political battle rages between the countrys more moderate fo.........

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    01 2016-02

    Oil and gas companies face difficult year as hedging protections roll off: IHS

    HOUSTON -- As oil prices continue to decline, North American EP companies have hedged just 15% of their total production volumes for 2016, including 14% of oil and 18% of natural gas, leavin.........

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    29 2016-01

    Russia says studying proposal for global oil production cuts

    ST PETERSBURG, Russia/DUBAI (Reuters) - Russia said on Thursday that OPEC had proposed oil production cuts of up to 5% in what would be the first global deal in over a decade to help reduce .........

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    28 2016-01

    Oil resumes decline near $30 as U.S. supplies worsen global glut

    WASHINGTON (Bloomberg) -- Oil resumed its decline near $30/bbl after U.S. industry data showed crude stockpiles increased, exacerbating a global glut. Futures slid as much as 3.7% in New Yor.........

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    27 2016-01

    World Bank slashes 2016 oil price forecast to $37

    WASHINGTON, D.C. -- The World Bank has slashed its forecast for crude oil prices by $14 to $37/bbl for 2016, it said on Tuesday, amid growing supply and weak demand prospects from emerging m.........

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    26 2016-01

    Saudis unbowed by oil crash with no spending cut before IPO

    KUWAIT (Bloomberg) -- The worlds biggest oil producer is spending as much now as it did before the crash in crude prices, signaling no surrender in Saudi Arabias battle with rivals. Saudi Ar.........

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    25 2016-01

    Oil trader who predicted the decline says price has bottomed

    LONDON (Bloomberg) -- Pierre Andurand, the founder of the $615 million Andurand Capital Management who correctly predicted the slump in oil prices, said the commodity has probably hit bottom.........

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    22 2016-01

    OPEC flood a boon to China oil giant as Iraq boosts output

    SHANGHAI, China (Bloomberg) -- OPECs decision to flood global markets is helping Chinas biggest oil company pump record volumes overseas. China National Petroleum Corp. more than doubled pro.........

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    21 2016-01

    Shell profit plunges at least 42% as oil slump deepens

    THE HAGUE (Bloomberg) -- Royal Dutch Shell Plc, which is buying BG Group Plc in the industrys largest deal in a decade, expects fourth-quarter profit to drop at least 42% after the rout in c.........

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    20 2016-01

    Oil rout could deepen as market ‘drowns’ in oversupply, IEA says

    PARIS (Bloomberg) -- Global oil markets could drown in oversupply, sending prices even lower as demand growth slows and Iran revives exports with the end of sanctions, according to the Inter.........

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    19 2016-01

    The North Dakota crude oil that’s worth less than nothing

    HOUSTON (Bloomberg) -- Oil is so plentiful and cheap in the U.S. that at least one buyer says it would need to be paid to take a certain type of low-quality crude. Flint Hills Resources LLC,.........

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    15 2016-01

    Crude at $10 already a reality for Canadian oil-sands miners

    CALGARY, Alberta (Bloomberg) -- Think oil in the $20s is bad? In Canada theyd be happy to sell it for $10. Canadian oil sands producers are feeling pain as bitumenthe substance at the center.........

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