Washington’s Oil Sanctions Rattle Asia’s Energy Security
The U.S. federal government this week declared sanctions on two of the largest Russian crude oil exporters, Rosneft and Lukoil, which together account for about half of the country’s total outflows. Oil prices jumped, traders got excited—then prices…
Oil Rig Count Incher Higher Amid Oil Price Rally
The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday.The total rig count in the US rose this week to 550, according to Baker Hughes, down 35 from this…
Exhibitor Recommendation：Tianjin Dawosi Valve Co., Ltd
Exhibitor Recommendation-Zhejiang Qiangtai Pipe Fittings & Valves Co., Ltd.
Exhibitor Recommendation-Zhejiang Zhongyuan Valve Co., Ltd
Exhibitor Recommendation-Didtek Valve Group Co.,Ltd
Exhibitor Recommendation-Yangquan Valve Co., Ltd
America's Oil Boom Concentrated in Ten Permian Counties
If you want to know where America’s oil boom is happening, no need to look at the whole map—because it’s limited to just ten counties in the Permian Basin. Between 2020 and 2024, these small dots in Texas and New Mexico delivered 93% of all U.S. cr…
Malaysia’s Petronas Flags Challenges as Profit and Production Slump
Malaysia’s national energy giant Petronas booked lower revenues and profits amid falling oil prices and a challenging macro and operational environment, which also led to a 3% decline in first-half oil and gas production.Petronas reported a 24% decli…
Texas May Have to Shut Down Data Centers to Protect Its Energy Grid
Texas is preparing to cut off power to data centers during grid emergencies — a sign of just how strained the system has become.Over the Fourth of July, deadly floods swept across central Texas, disrupting infrastructure and causing widespread outage…
Oil Rig Count Stabilizes in Nervous Market
The total number of active drilling rigs for oil and gas in the United States stayed the same this week, according to new data that Baker Hughes published on Friday.The total rig count in the US stayed at 539, according to Baker Hughes, down 47 from t…
Oil Price Structure Flashes Fears of Oversupply
The oil price structure has started to slowly shift as prompt futures premiums are softening compared to later-dated contracts, signaling that the market believes supply would be plentiful as soon as peak summer travel season ends. The rise in supply …
Exhibitor Recommend：HUIZHENG AUTOMATIC CONTROL VALVE GROUP CO.,LTD
Exhibitor Recommend：Zhejiang Aochen Bellows Co., Ltd.
Exhibitor Recommend：KEKE GROUP CO.,LTD.
