The 14th International Petroleum &Natural Gas Summit
Opening Countdown：
Days
TEHRAN (Bloomberg) -- Iran plans to boost crude output to 4 MMbpd before it will consider joining other suppliers in seeking ways to rebalance the global oil market. They should leave us alone until then, Oil Minister Bijan Zanganeh said, a......【more】
2016-03-14PARIS (Bloomberg) -- Oil prices may have passed their lowest point as shrinking supplies outside OPEC and disruptions inside the group erode the global surplus, the International Energy Agency said. Production outside the Organization of Pe......【more】
2016-03-12NEW YORK (Bloomberg) -- Oil slipped from a three-month high amid uncertainty about when a meeting between Saudi Arabia, Russia and other producers to freeze output will occur as Iran seeks to rebuild its exports. Futures in New York fell as......【more】
2016-03-11Construction of the long-awaited Tanzania-Uganda crude oil pipeline is expected to start in August this year, and will be completed in 2019, officials said. Tanzania Petroleum Development Corporation (TPDC) Executive Director James Mataragi......【more】
2016-03-09BEIJING (Bloomberg) -- China National Petroleum Corp. said it will cut capital spending this year by more than 20% and sees domestic crude production slipping as the countrys biggest oil and gas company looks to shore up profit amid the ene......【more】
2016-03-08IRVING, Texas (Bloomberg) -- Exxon Mobil Corp. has become the first major U.S. oil company to ship American crude overseas, joining a band of independent traders that are trying to ease a glut at home after a 40-year export ban was lifted.......【more】
2016-03-07CALGARY, Alberta (Bloomberg) -- Canadian Natural Resources Ltd. lowered its 2016 capital budget about 22%, joining peers in clawing back investments as price assumptions fall in the worst oil rout in a generation. Canadas largest heavy-crud......【more】
2016-03-04PARIS (Bloomberg) -- Even if Saudi Arabia wins its struggle with U.S. shale producers over market share, it will face a new billion-barrel adversary. It wont be regional nemesis Iran, a resurgent Iraq or long-standing competitor Russia. The......【more】
2016-03-03NEW YORK (Bloomberg) -- Oil climbed from the highest close in more than seven weeks as investors overlooked deteriorating Chinese manufacturing amid the first monthly decline in OPEC production since November. Futures advanced as much as 1.......【more】
2016-03-02NEW YORK (Bloomberg) -- Talk of an output freeze by OPEC and Russia along with falling U.S. production spurred money managers to bet oil is ready for a rebound. Prices have risen 13% since Saudi Arabia, Russia, Venezuela and Qatar tentative......【more】
2016-03-01ABU DHABI (Bloomberg) -- The success of a proposal for the worlds biggest producers to freeze crude output hinges on unified support, Iraqs oil minister said, a day after fellow OPEC member Iran called the plan ridiculous. If some people fr......【more】
2016-02-25Oilpriceswillreach$80by2020asglobaloilsupplygrowthisseriouslyplunging,theheadoftheInternationalEnergyAgencysaid,suggestingthelightattheendofthetunnelfortheenergyindustryisstillfaraway. Oilpriceswillbegintoriseattheendofnextyearasdemandovert......【more】
2016-02-23NEW YORK (Bloomberg) -- The first coordinated decision on oil output between OPEC and producers outside the group in fifteen years isnt going to revive crude prices, according to Goldman Sachs Group Inc. The agreement between Saudi Arabia a......【more】
2016-02-19NEW YORK (Bloomberg) -- Oil rebounded from the lowest level in more than 12 years, paring its biggest weekly loss in a month as the rout in equities eased and OPEC reiterated its willingness to engage with other producers. Futures rose as m......【more】
2016-02-15PARIS (Reuters) - Iranian President Hassan Rouhani said on Thursday that oil prices would not stay low for long as producers restore market balance. The price of oil is at a low level ... I dont think it will last in the long term ... The p......【more】
2016-01-29
