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Industry Tendency

01-19

2018

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86% Oil Output Cuts Did by OPEC & Non-OPEC Oil Producers...

OPEC and non-OPEC participants in an historic oil output deal have conducted around 86% of agreed production cuts, Kuwait's official news agency said Friday, suggesting producers outside the cartel are lagging begging their OPEC peers.

01-19

2018

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IEA forecasts possible oil undersupply, price spike after 2020...

Global oil supply could struggle to keep pace with demand after 2020, risking a sharp increase in prices, unless new projects are approved soon,

01-19

2018

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Exxon Buys Stake in Offshore Mozambican Natural Gas Field for $2.8 Billion...

Exxon Mobil Corp. said that it would buy a 25% indirect interest in an offshore natural gas field near Mozambique from Eni SpA for about $2.8 billion.

01-19

2018

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The world largest petroleum exhibition CIPPE...

The 17th China International Petroleum & Petrochemical Technology and Equipment Exhibition (CIPPE) was held in Beijing China International Exhibition center from March 20th to 22th.