By Nov 14,2022, the future price of light crude oil from New York Mercantile Exchange closed at USD88.65 a barrel. less $3.13 than Nov 7.2022, the drop rate is 3.41%. The future price of crude oil from London Brent closed at $95.75 a barrel, less $2.21 than Nov 7.2022.the drop rate is 2.26%.

KIPIC, the unit in charge of the Al-Zour refinery project in Kuwait, announced on Sunday that its 615,000 barrels per day (BPD) refinery has started commercial operations.The Al-Zour refinery will be one of the largest in the world. Located 90 km south of Kuwait City, the grassroots enterprise will

According to the World Oil Outlook 2045 released by OPEC on Tuesday, global oil demand will increase by more than 10 percent by 2027 compared to 2021 and by more than 13 percent by 2045, Anadolu News said.Opec forecasts that global primary energy demand will increase to 351 million barrels of oil eq

Hainan natural resources and the planning department and other departments jointly released on October 18, the oil and gas industry development of hainan province "difference" planning "(hereinafter referred to as the" planning "), specific to the built in 2025 Marine oil and gas resources developme

Norway's crude oil and natural gas output fell in September from a month earlier, according to preliminary data released by the Norwegian Petroleum Council (NPD) on Thursday, missing official expectations.Crude oil production fell to 1.64 million BPD in September from 1.78 million BPD in August and

As of October 12, the annual output of oil and gas equivalent of Changqing Oilfield reached 50.1083 million tons, including 20.09 million tons of crude oil and 37.671 billion cubic meters of natural gas. The oil and gas equivalent exceeded 50 million tons for 10 consecutive years, realizing the "ten

As of October 9, THE accumulative OIL AND GAS production OF Fuman Oilfield of Tarim Oilfield Company of PETROCHINA, the largest ultra-deep oil field in China located in the hinterland of Taklimakan Desert, exceeded 10 million tons, including 8.6796 million tons of crude oil and 1.668 billion cubic m

Recently, the drilling and construction project of Guaizihu Guai 16 oil and gas well of Inner Mongolia Oil Production Plant of Zhongyuan Oilfield Company of Sinopec, contracted by the Drilling Engineering Company of Inner Mongolia Coal Exploration Group, has been successfully completed. The drilling

China Petroleum News (special reporter Tan Yixin, correspondent Ma Ziqiang) From September 22 to 23, the 2022 Oil and Gas Well Perforating Technology Seminar hosted by the Logging Professional Committee of the China Petroleum Society was held in Yangzhou, Jiangsu. More than 130 experts and scholars

The Iranian government has announced that the country has made significant achievements in energy development, with 340 billion barrels of oil and gas reserves, the largest in the world.Muhsin Kojestmehr, deputy oil minister and chief executive officer of the National Iranian Oil Corporation, said W

On September 14, the Ledong Block development project of Dongfang 1-1 gas field in the southeast area of Yinggehai in the South China Sea was put into operation, marking a major breakthrough in the development of key technologies and equipment for deep-water oil and gas development in China. It is o

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