BRITISH AIRWAYS 747-400 SETS NEW SUBSONIC SPEED RECORD OVER THE ATLANTIC

February 10, 2020

Flight Global reported that a British Airways Boeing 747-400 benefited from the powerful transatlantic jetstream created by S...

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US CRUDE OIL PRODUCTION EFFICIENCY CONTINUES TO IMPROVE

January 28, 2020

U.S. oil production from tight formations increased in 2019, accounting for 64% of total U.S. crude oil production. This shar...

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USGS – 3.6 BILLION BARRELS OF OIL IN CENTRAL ALASKA NORTH SLOPE

January 25, 2020

USGS (United States Geological Survey) continues its estimates of technically recoverable oil and gas in Alaska's North Slope...

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LUNDIN INCREASED RESERVES FOR SIXTH CONSECUTIVE YEAR

January 14, 2020

Lundin Petroleum announced that as at 31 December 2019, its proved plus probable net reserves (2P reserves) are 693 million b...

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US OIL MAJORS STILL HAVE BIG PLANS FOR PERMIAN BASIN

January 11, 2020

According to Investor’s Business Daily, US Oil Majors have big plans for Permian Basin even if they are under pressure to c...

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EIA PROJECTS 50% INCREASE IN WORLD ENERGY CONSUMPTION BY 2050

January 04, 2020

In its newly released International Energy Outlook 2019, the U.S. Energy Information Administration (EIA) projects that world...

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GAZPROM ADDS 2 TRILLION CUBIC METERS TO YAMAL GAS RESERVES

January 03, 2020

Gazprom boosted Yamal gas production center's resource base increasing the Kruzenshternskoye field's gas reserves by 360 bill...

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ALL-TIME RECORD LEVEL FOR US OIL AND NATURAL GAS PROVED RESERVES

December 16, 2019

Another year of stronger oil and natural gas prices increased 2018 oil and natural gas proved reserves in the United States t...

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WINTERSHALL DEA DRILLS COMPANY’S LONGEST WELL EVER FROM BRAGE PLATFORM

December 06, 2019

Wintershall Dea has drilled the longest well (A36B) ever completed by the company in Norway. Reaching some 9,023 metres from ...

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