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Industry Tendency

01-19

2018

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The 17th China CIPPE Exhibition...

The 17th China International Petroleum & Petrochemical Technology and Equipment Exhibition (CIPPE) was held from 20th March to the 22nd March 2017 in Beijing New China International Exhibition Center.

01-19

2018

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US oil producers had higher CAPEX in fourth-quarter 2016...

Forty-four US onshore-focused oil production companies increased capital expenditures by $4.9 billion, or 72%, in fourth-quarter 2016 vs. fourth-quarter 2015,

01-19

2018

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Oil Production Cut 64% Fulfilled by Non-OPEC States...

Oil-producing countries outside of the Organization of the Petroleum Exporting Countries (OPEC) have fulfilled the agreement on reducing oil production by 64 percent in March, Kuwaiti Oil Minister Issam Abdulmohsen Almarzooq told reporters.

01-19

2018

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Production from major US onshore oil regions to rise 124,000 b/d in May...

The seven major onshore producing regions in the US are expected to collectively increase oil output by 124,000 b/d month-over-month in May to average 5.193 million b/d,