By Nov 21,2022, the future price of light crude oil from New York Mercantile Exchange closed at USD79.22a barrel. less $9.43 than Nov 14.2022, the drop rate is 10.64%. The future price of crude oil from London Brent closed at $86.48 a barrel, less $9.27 than Nov 14.2022.the drop rate is 9.68%.

Reporter learned from China National Offshore Oil Group Co., LTD., on November 9, with the lifting of the 2000-ton wellhead platform E block in place, all the 7 platforms in the largest block of Kenli 6-1 oilfield, a 100-million-ton large oilfield in Bohai Sea, have been completed offshore installat

The major reason for the continuous rise in international oil prices is that OPEC+ decided to cut crude oil production by 2 million barrels per day in November at its meeting on 5th this month. As OPEC+ is mainly composed of 13 Opec countries led by Saudi Arabia and 10 non-OPEC countries led by Russ

By Sep 26, the future price of light crude oil from New York Mercantile Exchange closed at USD78.25 a barrel. drop $6.89 than Sep 19.2022, the drop rate is 8%. The future price of crude oil from London Brent closed at $84.48 a barrel, dropped $6 than Sep 19.2022.tje drop rate is 6.63%.

Saudi Arabia told OPEC it raised crude output to just over 11 million barrels per day last month, surpassing the symbolic level for the first time in two years, as the kingdom fulfilled its commitment to stabilizing global market commitment.OPEC agreed to speed up the resumption of supply suspension

The reporter learned from CNOOC Tianjin Branch on August 31 that since the annual crude oil output of Bohai Oilfield reached 30.132 million tons in 2021, becoming China's largest crude oil production base, in the first half of 2022, Bohai Oilfield will further achieve double growth in oil and gas pr

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

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

China national Offshore Oil Corporation (CNOOC) announced on June 14 that it has put into use China's first domestically produced deepwater subsea tree as it successfully completed a test operation of an subsea gas well in Yinggehai, Hainan province. This indicates that China has the ability to desi

By June 13, the future price of light crude oil from New York Mercantile Exchange closed at USD118.81 a barrel, droped by Approx.0.63 % from June 6.2022, The future price of crude oil from London Brent closed at $120.48 a barrel, droped by approx. 0.28% from June 6.2022.

CNPC Logging Co., LTD. (hereinafter referred to as CNPC Logging) has successfully developed the first 230 ° C /170 mpa small-diameter instrument in China. The main technical indicators are of international advanced level, which can effectively meet the logging requirements of ultra-high temperature,