A huge wildfire is disrupting oil production in Canada

Oil is on a massive charge on Thursday, surging after a huge wildfire disrupted production in Canada and after news that production in the US fell to its lowest levels in 18 months. Read entire article here: A huge wildfire is disrupting oil production in Canada — and now crude is surging

Why This Year’s Oil Rally Might Be for Real

Citigroup says 2016 may look like 2015 right now, but that will change. At first blush, the rally in oil to start 2016 bears some resemblance to the rally at the start of last year, which ultimately ended in tears. Read entire article here: Why This Year’s Oil Rally Might Be for Real

Investors Hedge Bets on Crude-Oil Revival

How bad is the oil bust? Even the big believers in an inevitable rebound are hedging their bets.

Statoil CEO: Oil, Gas Will Remain ‘Critically Important’ Through to 2040

Oil and gas will remain “critically important” energy resources through to 2040, Statoil ASA CEO Eldar Saetre said Monday at the oil major’s annual autumn conference in Oslo.

Saudi Vice Oil Minister Sees Price Surge After Cutbacks

The scale of the global oil and gas industry’s spending cuts are making another surge in energy prices possible by diminishing future supply.

Oil at $50 Is ‘Gift to World’ as Abu Dhabi Sees Higher Prices

Oil at $50 a barrel is a “gift to the world” as prices should be low enough to spur economic growth, according to the head of Abu Dhabi’s Department of Economic Development.

Big Red Engineering makes strategic moves for future growth

Big Red Engineering, LLC a global supplier of Well Serving Equipment located in Fort Worth, Texas announced their recent relocation into a 37,500 square foot facility with 10 ton overhead cranes.

OPEC Sees Crude-Demand Growth Leading to Balanced Market

Global demand for crude is growing while non-OPEC countries are producing less of it, helping to bring the supply and demand for oil back into equilibrium by next year.

Big Red Engineering is Exhibiting at ADIPEC 2014

We’re exhibiting at the ADIPEC 2014 exhibition in Abu Dhabi at the Abu Dhabi National Exhibition Center (ADNEC). Find us in Hall 8 at the US Pavilion booth 8322.

New website launch

We’re delighted to announce the launch of our website – www.bigredeng.com! The site gives a fantastic platform to know more about our products and keep up to date on events. Browse our product portfolio and get in touch with us.

Injector head under work in progress

Big Red Announces Acquisition of Southwest Oilfield – Fort Worth, TX

Big Red Engineering, LLC today announced it has purchased significant portions of Southwest’s Well Servicing Equipment Division effective July 31, 2014.