News & Events
The 2017 Conference of China's Top 500 Oil and Chemical CompaniesOctober 30, 2017China's top 500 oil and chemical companies held a press conference in 2017. In 2016, the total revenue of enterprises listed in the listed enterprises is 10.02 trillion yuan, accounting for 75% of the...view- Norwegian Oil has Announced the Discovery of 130 Million Barrels of OilOctober 29, 2017The news from Sina, China news, Beijing time 9, according to the financial times, Norway's Statoil announced on Monday that it had found up to 130 million barrels of oil fields in the Outer Moray Firt...view
- Saudi Aramco Raises Crude Oil Price In Asia And Mediterranean RegionOctober 28, 2017Saudi Arabian Oil Co. (Saudi Aramco) raised the price of crude oil for Asia in November on Wednesday, and cut prices for the United States and northwest Europe.Saudi Aramco will increase the official ...view
- Libya and Nigeria Helped the Rise of Opec Production in SeptemberOctober 27, 2017According to Dow Jones on September 29, JBC energy, a Vienna based consultancy, said that OPEC's average daily production in September increased by about 150 thousand barrels despite OPEC's commitment...view
- Shell launches fast-charging stations for electric vehiclesOctober 26, 2017Royal Dutch Shell has launched a fast-charging service for electric vehicles at three Shell service stations near London and in northern England, the company said on Wednesday.The service, which charg...view
- Russia is prepared for $40 oil, finance minister saysOctober 25, 2017Russia has accounted for oil at $40 a barrel in its budget, the country's finance minister Anton Siluanov told CNBC in a TV interview on Friday.Brent crude was trading above $57 on Friday, but the Rus...view
- China will 'compel' Saudi Arabia to trade oil in yuan — and that's going to affect the US dollarOctober 24, 2017China will "compel" Saudi Arabia to trade oil in yuan and, when this happens, the rest of the oil market will follow suit and abandon the U.S. dollar as the world's reserve currency, a leading economi...view
- Hurricane Nate shuts down about 90% of Gulf of Mexico oil productionOctober 22, 2017Oil production slowed to a trickle in the Gulf of Mexico this weekend as energy companies turned off the taps and evacuated workers in preparation for Hurricane Nate.More than 92 percent of crude outp...view
