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%.

Our Middle East customers ordered 30 sets of DPSB stuffing boxes, including 15 sets of 1-1/4” X 2-7/8”, 15 sets of 1-1/2” X 2-7/8”, and the North African customer ordered 20 sets of 1-1/4” double-bolt polished rod clamps. Currently, the production plan has been arranged and goods will be delivered t

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

Opec +'s decision this week to cut the alliance's total oil production target by 2 million barrels per day (BPD) won't help the already uncertain outlook for oil supplies and oil trade flows, refiners and traders told Bloomberg.Earlier this week, OPEC+ announced its biggest collective production cut

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

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.

Reporters noted that crude oil futures rose Wednesday to their highest level in 13 weeks. U.S. gasoline demand continues to rise, along with expectations of higher overseas demand for crude and concerns about the supply outlook in several countries, boosting oil prices.WTI crude was up 0.14% at $122

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,

By June 6, the future price of light crude oil from New York Mercantile Exchange closed at 119.56 a barrel, increased by Approx.3.03 % from May 30.2022, The future price of crude oil from London Brent closed at $120.48 a barrel, increased by approx. 3.48% from May 30.2022.

By May 30,2022, the future price of light crude oil from New York Mercantile Exchange closed at 116.04 a barrel, increased by Approx. 4.71% from May 23.2022, The future price of crude oil from London Brent closed at $116.42 a barrel, increased by approx. 2.78% from May 23.2022.

By May 23,2022, the future price of light crude oil from New York Mercantile Exchange closed at 110.82 a barrel, increased by Approx. 1.61% from May 16.2022, The future price of crude oil from London Brent closed at $113.27 a barrel, increased by approx. 2.99% from May 16.2022.

On May 11, China's first set of home-made deep-water Chirstmas tree was installed in Yinggehai, Hainan. The equipment is an important part of the subsea oil and gas production system engineering demonstration project led by CNOOC, marking a key step in the development of key technologies and equipme