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, according to the US Energy Inf
View more newsSaudi Arabia leads countries of the Middle East and North Africa (MENA) in future energy investment, according to a study by Arab Petroleum Investments Corp., Dammam, (APICORP).The kingdom plans to in
View more newsEni today announced that it has obtained majority stakes in two new exploration blocks off the shore of the Ivory Coast. The two offshore blocks are located approximately 50 km from the country’s coas
View more newsThe 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 Cen
View more newsLight, sweet crude oil for May delivery on the New York market rose 55¢ to settle at $51.70/bbl on Apr. 6. Oil prices changing traded sharply higher in New York and London overnight after reports the
View more newsMany major member countries of the Organization of Petroleum Exporting Countries have recently said that the target oil price will be set at $ 60 per barrel. This means that their will increase the ne
View more newsThe Qingming (Pure Brightness) Festival is one of the 24 seasonal division points in China, falling on April 4-6 each year. After the festival, the temperature will rise up and rainfall increases. It
View more newsWith the Su Dong XX-XXC4 well carbon dioxide dry sand fracturing test successfully completed, the company's major on-site research project - carbon dioxide dry sand fracturing technology, which la
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