The Annual Petroleum & Chemical Automation Technology & Equipment and Instrumentation Event
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Beijing International Petroleum & Chemical Automation Technology & Equipment and Instrumentation Exhibition

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BEIJING,CHINA

March 26-28,2026

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Industry News
The following is the news list page
08 2018-10

Saudi prince sees deal with Kuwait to restart oil fields "soon"

(Bloomberg) -- Saudi Arabias crown prince said hes getting close to striking a deal with Kuwait about two jointly owned fields that can produce half a million barrels a day of crude. We beli.........

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26 2018-09

Iranian oil tankers go dark with six weeks to go until sanctions hit

LONDON (Bloomberg) -- Irans oil tankers are starting to disappear from global satellite tracking systems with just under six weeks to go until U.S. sanctions are due to hit the countrys expo.........

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25 2018-09

Anglo African Oil & Gas provides update on drilling program in the Congo

LONDON -- Anglo African Oil Gas plc, an independent oil and gas developer, has announced that the construction of the extended pad at Tilapia field, in the Republic of the Congo has been com.........

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21 2018-09

Exxon among majors to join Oil and Gas Climate Initiative

IRVING, Texas -- ExxonMobil said it will join the Oil and Gas Climate Initiative (OGCI), a voluntary initiative representing 13 of the worlds largest oil and gas producers working collaborat.........

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20 2018-09

Riverstone plans $900-million sale of oilfield services equipment company

NEW YORK (Bloomberg) -- Riverstone Holdings LLC is preparing to sell oilfield services equipment company Abaco Energy Technologies, which could fetch about $900 million, according to people .........

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19 2018-09

Equinor granted drilling permit for wildcat, west of Atlantis discovery

STAVANGER -- The Norwegian Petroleum Directorate (NPD) has granted Equinor Energy AS a drilling permit for well 7324/3-1, cf. Section 15 of the Resource Management Regulations. Well 7324/3-1.........

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18 2018-09

OPEC sees need to keep oil supply deal as demand faces headwinds

DUBAI (Bloomberg) -- OPEC needs to keep working with other oil producers to manage global supplies as demand for crude faces headwinds, the head of the organization said. The historic supply.........

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17 2018-09

Tale of two oil markets: Brent bulls split from U.S. optimists

NEW YORK (Bloomberg) --For oil investors, this is both the best of times and the worst of times, depending on which crude benchmark you trade. While money managers pile up on bets that Brent.........

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14 2018-09

Oil declines as supply fears ease, Trump tweets on Chinese trade

NEW YORK (Bloomberg) -- Crude dropped the most in almost a month as global supply concerns receded and a demand-killing trade war intensified. Futures dropped as much as 2.8% in New York on .........

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11 2018-09

AMLO targets $3.9 billion in new oil investment

MEXICO CITY (Bloomberg) -- Mexicos next president Andres Manuel Lopez Obrador will allocate 75 billion pesos ($3.9 billion) in the budget next year to oil extraction in a bid to resuscitate .........

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07 2018-09

Growth in tight oil shakes up futures markets and hedging needs

NEW YORK (Bloomberg) -- The vibrations of the shale boom are now shaking the futures market. A visible decline in open interest of West Texas Intermediate crude futures contracts for deliver.........

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06 2018-09

African oil hunt returns as majors seek to unlock vast reserves

JOHANNESBURG (Bloomberg) -- Africa is entering the oil-hunt spotlight as drillers, flush with cash after crudes recovery, are turning their attention back to the continents potentially vast .........

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06 2018-09

Anglo African Oil & Gas reports temporary suspension of drilling at Tilapia field

LONDON -- Anglo African Oil Gas plc, an independent oil and gas developer, has announced that the company has been informed by its drilling contractor, SMP, that they have experienced a tops.........

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05 2018-09

U.S. throttles Iran oil flows to buyers who vowed resistance

SINGAPORE (Bloomberg) -- The worlds top oil buyers are discovering that U.S. sanctions on Iran will squeeze their trade flows whether they agree with America or not. It was only about three .........

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04 2018-09

Secret oil shipments could help Iran cushion U.S. sanctions blow

LONDON (Bloomberg) --Discounts, bartering and smuggling are among the tactics Iran may lean on to keep almost 800,000 bpd of its oil exports flowing after U.S. sanctions resume in November. .........

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