Surge Energy reaches production milestone at Moss Creek asset in Tx
Surge Energy US Holdings, an independent oil and natural gas company, announced this Thursday it reached a production milestone on its Moss Creek asset in...
Tag : Oil production
Clean electricity will power HighPeak Energy’s operations in Texas
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Clean electricity will power HighPeak Energy’s operations in Texas after the company entered into an agreement with Priority Power Management; an independent energy services provider...
O&G in the energy mix by 2050 – supporting a sustainable transition
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At ‘The future energy mix’ panel, part of the second day of the Citizens Energy Congress event, experts shared their insights on the promising technologies/solutions/policies...
California oil workers union backing clean energy
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This month, researchers from the University of Massachusetts-Amherst released a report that estimates California could create 418,000 clean energy jobs per year. Particularly, the Golden...
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...
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...
Oil rises amid freezing weather and U.S. production drop
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Oil prices rose this Wednesday as the freezing wave in Texas curtailed oil production in the nation’s biggest oil producing state; reports by Saudi Arabia’s...
Oil at its highest since February 2020 pushed by OPEC cuts
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Oil prices are at their highest point since late February, pushed by OPEC+ further cuts, and a U.S. inventories drop from last week. Still, investors...
OPEC production cuts could deepen and extend into 2021
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The OPEC production curbs announced by the organization and its allies could be extended and deepen if needed, into 2021, Algeria’s energy minister announced this...
Brent hits $45 as industry sees light at the end of the tunnel
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Brent crude oil rose above $45 a barrel on Wednesday, as the industry keeps recovering slowly from the demand destruction that the covid-19 pandemic brought....