Oil settles down but maintains bullish sentiment of recovery
Oil prices settled down slightly this Friday, but maintains a bullish sentiment of recovery, as China and the United States strong economic performance offset concerns...
Category : Upstream
Upstream is our category in which you can find news about oil exploration, production, and extraction; also companies’ participation in oil leases or biddings can be found in here.
Our upstream category aims to provide for our reader with straight to the point articles and the latest news regarding strictly oil activities. As it is crucial for this segment of the sector, oil prices news can also be hosted in here.
Our latest pieces include the sustained rally of oil prices; the OPEC production cuts; analysis about the market; also discoveries of new oilfields or the latest rig count additions.
This category will give you deeper knowledge about the first segment of the energy industry, that in which exploration and production take place; the one that once supported almost all of the energy industry.
Avanti Energy to purchase highly prospective helium lands in Montana
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Avanti Energy announced this Friday it entered into a Letter Of Intent (LOI) to purchase highly prospective lands in Montana. Firstly, the LOI includes a...
Oil production at the Gulf of Mexico set to increase for the next 2 years: EIA
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Oil production at the U.S. Gulf of Mexico is set to increase for the next two years, according to the latest forecast of the Energy...
Golden Gate Capital launches Stonehill Environmental Partners and acquires Waterfield Midstream assets
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Today, leading private equity investment firm Golden Gate Capital announced it is launching an energy infrastructure platform called Stonehill Environmental Partners. Besides, the Company announced...
Talos Energy, bp and Chevron announce successful drilling at Puma West
by editor
Talos Energy, along with Chevron and bp announced successful drilling results at the Puma West exploration project, located in the U.S. Gulf of Mexico; specifically...
Fortress Transportation and Infrastructure and Jefferson Energy Companies announce successful completion of Southern Star Pipeline
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Fortress Transportation and Infrastructure Investors LLC and Jefferson Energy Companies today announced the successful completion of the Southern Star pipeline project. Accordingly, this project consisted...
Infinity Energy completes acquisition of site on the Central Kansas Uplift basin
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Infinity Energy Resources, an independent oil and gas exploration and development company, announced this Monday it completed the acquisition of the 100% of the working...
Shale deals jump to $3,4 million in 1Q 2021: Enverus
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Shale deals in the U.S. have increased in a fivefold during the first quarter of this year, the consultancy firm Enverus reported this Wednesday. Firstly,...
Enerplus to buy some of Hess Corp.’s North Dakota assets
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Canada’s Enerplus Corp said today it would buy some assets in North Dakota’s Williston Basin from Hess Corp. In fact, this transaction would be valued...
Louisiana and Gulf states to get $110 million in oil revenue this year
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Last week, officials announced Louisiana and its coastal parishes will receive about $110 million in federal oil revenue this year. Accordingly, this funding will help...