News

  • 2022-08-05

    South Sudan's "Vision Radio" website August 4, 2022 News The South Sudanese government predicts that oil production will be reduced by 6,000 barrels per day due to depleted oil wells and the impact of floods on fields.South Finance and Planning Minister Agak Acuil said oil production capacity is exp

  • 2022-08-04

    On August 1st, CNOOC reported that Enping 15-1 Central platform, the largest offshore oil production platform in Asia, completed the overall floating installation in the Pearl River Mouth Basin, which indicated that the design, construction and installation capacity of China's super large offshore o

  • 2022-08-03

    The Central American customer of our company has ordered a batch of Pressure actuated plunger since the beginning of the year. After testing and using by the customer, the plunger fully meets their technical requirements, and the price is more competitive than the ones purchased from other customers

  • 2022-08-02

    Also referred to as “ insert pump” as it is installed inside the tubing it is not necessary to run and pill the tubing. It can enter the tubing with the sucker rod and set, which can greatly reduce the operation cost. According to the setting mode, it is divided into a cup setting and a mechanical s

  • 2022-08-01

    By Aug 1, the future price of light crude oil from New York Mercantile Exchange closed at USD97.61 a barrel, increased by Approx.0.18% from Jul 25 .2022, The future price of crude oil from London Brent closed at $103.18 a barrel, increased by approx. 5.90% from Jul 25.2022.

  • 2022-07-29

    The U.S. exported more than 4.5 million barrels a day of crude oil last week, the highest weekly export on record, according to the U.S. Energy Information Administration's Weekly Petroleum Report. Last week's exports of 4.55 million b/d topped the previous all-time high of 4.46 million b/d in the w

  • 2022-07-28

    On July 24, the National Energy Administration organized a meeting to promote the efforts of oil and gas exploration and development in 2022. It proposed to vigorously promote the implementation of oil-and-gas related plans, increase upstream investment with greater efforts, and help ensure economic

  • 2022-07-27

    The DPSB stuffing box ordered by our Central Asia customer completed the production, inspection, packaging and other processes last week and was sent to the customer's designated place this week. From the beginning of 2020, this customer ordered our products first time in a small quantity. Due to th

  • 2022-07-26

    1. Introduction of packingThe packing is installed in the stuffing box as important parts to seal polished rod to prevent crude oil spill well.2. Material2.1. Nitrile Rubber2.2. PTFE2.3. Rubber & fiber3. Feature3.1. Good wear resistance3.2. Good sealing performance3.3. Good ageing resistant performa

  • 2022-07-25

    By Jul 25, the future price of light crude oil from New York Mercantile Exchange closed at USD97.43 a barrel, dropped by Approx.0.58% from Jul 18 .2022, The future price of crude oil from London Brent closed at $97.43 a barrel, dropped by approx. 4.42% from Jul 18.2022.

  • 2022-07-22

    Norway's Aker BP completed the acquisition of Lundi Energy's oil and gas business on June 30, 2022, the Economic Daily News reported on July 20.Aker BP became the second-largest oil producer after Norway's National Oil Company, pumping more than 400,000 barrels of oil equivalent per day, or 10 per c

  • 2022-07-21

    In the first half of this year, Shengli Oilfield produced 11.6097 million tons of crude oil and 366 million cubic meters of natural gas, with proven reserves up 12% year-on-year, both exceeding the planned tasks. Exploration and development have been accelerated in the middle and deep eastern and we

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