Oilfield

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  • 2022-11-01

    The polished rods are used to connect sucker rod and pump unite.The spray welding polished rod adopts the sucker rod pump plunger manufacturing process, and sprays the alloy powder on the surface of the rod body to improve the surface hardness of the rod body and enhance the wear resistance and corr
  • 2022-10-10

    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
  • 2022-10-08

    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
  • 2022-09-29

    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
  • 2022-09-26

    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%.
  • 2022-09-01

    CNOOC (August 29) announced that the cumulative production of oil and gas has exceeded 200 million tons since the development of Liaodong Bay in the Bohai Oilfield for 30 years.Liaodong Bay is the sea area with the highest latitude in my country and is rich in oil and gas resources. The cumulative p
  • 2022-08-29

    By Aug 29, the future price of light crude oil from New York Mercantile Exchange closed at USD94.18 a barrel,increased by Approx.5.38% from Aug 22 .2022, The future price of crude oil from London Brent closed at $100.16 a barrel, increased by approx. 4.77% from Aug 22.2022.
  • 2022-08-19

    Ghana'S CENTRAL bank yesterday raised its benchmark interest rate by 300 basis points to 22% from 19% and raised the basic reserve requirement ratio (RRR) for banks in stages from 12% to 15% at an emergency meeting of its monetary policy committee. In addition, Ghana's central bank said it was worki
  • 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
  • 2022-07-21

    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
  • 2022-07-18

    By Jul 18, the future price of light crude oil from New York Mercantile Exchange closed at USD98 a barrel, dropped by Approx.5.62% from Jul 11 .2022, The future price of crude oil from London Brent closed at $101.94 a barrel, dropped by approx. 4.08% from Jul 11.2022.
  • 2022-07-11

    By Jul 11, the future price of light crude oil from New York Mercantile Exchange closed at USD103.84 a barrel, dropped by Approx.5.71% from Jul 5 .2022, The future price of crude oil from London Brent closed at $106.28 a barrel, dropped by approx. 6.15% from Jul 5.2022.
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