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The 26thChina International Explosion Protection and Electric Technology & Equipment Exhibition

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March 26-28,2026

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Industry News
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07 2015-12

OPEC maintains crude production as group defers output target

VIENNA, Austria (Bloomberg) -- OPEC will maintain production at current levels and refrained from setting an official output target, a continuation of the Saudi Arabian-led policy thats driv.........

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04 2015-12

U.S. demand for oilfield chemicals to exceed $10 billion in 2019

CLEVELAND, Ohio -- U.S. demand for oilfield chemicals is forecast to increase to $10.3 billion in 2019, with healthy growth overcoming declines expected in 2015 and 2016. Although low oil pr.........

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03 2015-12

Texas EOR Associates licenses new EOR technologies

DALLAS, Texas -- Texas EOR Associates, a developer of enhanced oil recovery (EOR) technologies and opportunities, has licensed exclusive U.S. waterflood, fracing and gas injection-EOR rights.........

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02 2015-12

Oil steadies after worst month since July, as OPEC members gather

NEW YORK (Bloomberg) -- Oil was little changed after its biggest monthly decline since July as OPEC ministers arrive in Vienna ahead of this weeks policy meeting. West Texas Intermediate fut.........

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01 2015-12

Iran gives investors glimpse of $30 billion in oil deals

TEHRAN, Iran (Bloomberg) -- Iran is targeting about $30 billion in investment by offering 70 oil and natural gas projects to international companies as the Persian Gulf country anticipates t.........

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30 2015-11

Oil pares weekly advance as global supply glut seen growing

NEW YORK (Bloomberg) -- Oil pared its first weekly gain in a month on signs the global surplus will expand and as the dollar increased, reducing demand for commodities as an investment. Futu.........

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27 2015-11

Aker Solutions wins BP contract for work offshore Norway

OSLO -- Aker Solutions won a framework agreement to provide maintenance and modifications services at BP-operated oil and gas fields offshore Norway. The contract has a fixed period of five .........

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26 2015-11

Crude storage tanks nearing their brim spur ‘super contango’

NEW YORK (Bloomberg) -- Surging U.S. crude stockpiles that have filled storage tanks near capacity are widening the discount on immediate oil deliveries. Spreads between monthly oil-futures .........

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23 2015-11

Global oil job cuts top quarter-million as rigs at five-year low

HOUSTON (Bloomberg) -- The number of jobs gutted from oil and gas companies around the world has now passed the 250,000 mark, with still more to come, according to industry consultant Graves.........

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20 2015-11

Murkowski welcomes approval of U.S.-Mexico oil exchange license

WASHINGTON, D.C. -- U.S. Sen. Lisa Murkowski (R Alaska) has applauded the U.S. Department of Commerces confirmation that the agency did in fact issue a cross-border oil exchange license with.........

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19 2015-11

Petro Waste Environmental acquires landfill permit

SAN ANTONIO, Texas -- San Antonio-based Petro Waste Environmental LP (PWE) today announced the Railroad Commission of Texas (RRC) has issued the company its first permit to operate a non-haz.........

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18 2015-11

Saudi Aramco selects AUMA for Al Wasit Gas contract

MUELLHEIM, Germany -- Approved Saudi Aramco vendor status, strong technical support and strength in after-sales service were key reasons for the selection of AUMA valve control devices at th.........

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17 2015-11

Oil producers hungry for deals drool over Permian basin

DAVID WETHE and DAN MURTAUGH HOUSTON (Bloomberg) -- The worst oil market in decades would be hard to spot in West Texas, where two-lane county roads are still jammed with trucks and energy c.........

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16 2015-11

Oil rigs said touted to debt funds by Norwegian investment banks

LUCA CASIRAGHI and MIKAEL HOLTER OSLO, Norway (Bloomberg) -- Pareto Securities AS is among banks targeting debt funds and private-equity firms to buy oil rigs at firesale prices to hold unti.........

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13 2015-11

OPEC says oil-inventory surplus is biggest in at least a decade

GRANT SMITH VIENNA, Austria (Bloomberg) -- Surplus oil inventories are at the highest level in at least a decade because of increased global production, according to the Organization of Petr.........

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