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  • The Annual Explosion Proof Electric Technology & Equipment Event
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    LOCATION:HOME> News > Industry News
    Industry News
    The following is the news list page
    08 2019-05

    Shell, Eni execs face corruption allegations over Nigerian oil deal

    LONDON and ROME (Bloomberg) -- Royal Dutch Shell Plc and Eni SpA face additional corruption allegations over a Nigerian oil deal, after the West African countrys government said in a London .........

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    07 2019-05

    Activist investor urges Carrizo Oil &amp; Gas to sell

    NEW YORK (Bloomberg) -- Activist investor Lion Point Capital has built a position in Carrizo Oil Gas Inc. and wants the driller to explore a sale or merger with another Permian explorer to g.........

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    05 2019-05

    Equinor profit beats estimates as oil output tops prediction

    OSLO (Bloomberg) -- Norways Equinor beat profit and cash-flow estimates after pumping more oil and gas than predicted. First-quarter results at the state-controlled producer cap a mixed seri.........

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    29 2019-04

    Oil patch shifts from growth to cash flow as U.S. rig count falls

    HOUSTON (Bloomberg) -- Oil explorers idled rigs in the U.S. for a second consecutive week as operators shifted focus from production growth to cash flow. Working oil rigs fell by 20 this wee.........

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    28 2019-04

    Total’s cash flow up as record output offsets lower oil price

    PARIS (Bloomberg) Total SA boosted cash flow in the first quarter as record hydrocarbon output and soaring sales of liquefied natural gas compensated for a drop in crude prices. The French e.........

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    26 2019-04

    Nigeria plans to double crude oil production, triple refining in bid for self-reliance

    ABUJA (Bloomberg) -- Nigeria plans to almost double oil production and triple its refining capacity by 2025, reviving previous pledges for the countrys oil independence. The OPEC member is l.........

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    24 2019-04

    Lukoil reaches 100 MMt of oil at West Qurna-2 field

    IRAQ -- Cumulative production at the West Qurna-2 field has reached 100 MMt of oil as part of successful implementation of Phase 1 of the project. With 184 wells drilled at the field, the av.........

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    23 2019-04

    OPEC+ oil cuts jeoperdized by Iran waiver termination

    CAIRO (Bloomberg) -- As the U.S. ends waivers that let countries buy Iranian crude, this threatens to squeeze oil supplies in an already tight market. The decision may also jeopardize the de.........

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    22 2019-04

    CNPC overseas equity oil, gas output up 10% in first-quarter 2019

    BEIJING (Xinhua) -- Overseas equity of oil and gas production of China National Petroleum Corporation (CNPC) rose 10% year over year in the first-quarter 2019. Production came in at 26.09 mi.........

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    18 2019-04

    South Sudan reignites dormant blocks to boost oil production

    JOHANNESBURG (Bloomberg) -- South Sudan plans to increase oil production by using blocks that were shut-in due to civil war, according to the nations oil minister. The country aims to reach .........

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    17 2019-04

    Wildcatter Floyd Wilson launches Falconer Oil and Gas Corp.

    HOUSTON (Bloomberg) -- Legendary wildcatter Floyd Wilson is back with his ninth or tenth oil company, after his departure from Halcon Resources Corp. Falconer Oil and Gas Corp., a Houston-ba.........

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    16 2019-04

    Oil retreats after longest run of weekly gains in three years

    LONDON (Bloomberg) -- Oil retreated in New York after its longest run of weekly gains in three years, as traders and investors awaited more clarity on the strength of the global economy and .........

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    15 2019-04

    Iran offers up 6 MMbbl of oil with dismal results

    DUBAI (Bloomberg) -- As Iran struggles to sell 6 MMbbl of oil, only one deal has closed for 35,000 bbls, so far. Irans oil production and exports have slumped after the U.S. reinstated sanct.........

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    12 2019-04

    Permian's flaring rises by 85% as oil boom continues

    HOUSTON (Bloomberg) -- The Permian Basin has produced so much natural gas that by the end of 2018 producers were burning off more than enough of the fuel to meet residential demand across Te.........

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    11 2019-04

    Milestone receives oilfield waste landfill permit in Permian Basin

    HOUSTON and MIDLAND -- Milestone Environmental Services (Milestone), an oilfield waste disposal services company, has announced that the Railroad Commission of Texas (RRC) has approved the c.........

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