Pampa Energía announced that it has requested inclusion in an incentive regime to build an oil and gas treatment plant at its Rincón de Aranda field, with an investment of $426 million
US shale oil output is predicted to rise to 8.1 million barrels per day in September, the highest since May 2020, in accordance to the EIA’s month-to-month drilling productiveness report
The energy industry is set to suffer a record drop in investment due to the coronavirus fallout, the IEA said, and while renewables are likely to fare better than oil, any swift economic recovery could create a global fuel crunch
