By Nov 28,2022, the future price of light crude oil from New York Mercantile Exchange closed at USD74.03 a barrel. less $5.19 than Nov 21.2022, the drop rate is 6.55%. The future price of crude oil from London Brent closed at $81.27 a barrel, less $5.21 than Nov 21.2022.the drop rate is 6.02%.

Iraq aims to increase oil production to about 7 million barrels per day (BPD) in 2027, state oil distributor SOMO Alaa Alyasri told Reuters.Iraq is currently producing nearly 5 million barrels per day of crude oil, but produced 4.651 million barrels per day in October, according to SOMO. This is in

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

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%.

China National Petroleum Corporation (CNPC) announced on November 10 that the first exploration well of the cooperation between petrochina and Petrobras (Petrobras) in Brazil, located in the Alam deepwater exploration block in the Santos Basin, has been successfully tested.According to petrochina's

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%.

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

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

Tubing coupling and buckle change complete productionProduction of tubing connections and converters ordered by the customer in South America has been completed. The customer ordered connections 2-3/8 EUE N80, 3-1/2 EUE N80, 4-1/2 EUE N80 and converters 3-1/2 EUE PIN X 2-7/8 EUE PIN N80. This is the

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

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

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