Chinese-owned Surge Energy expands oil field business in U.S. Texas

Photo taken on Oct. 21, 2020 shows the Surge Energy headquarters in Houston, Texas, the United States. The Houston-based Surge Energy U.S. Holdings Co. has been expanding its scale of oilfield assets through exploration and acquisition, overcoming challenges brought by oil price shocks and the COVID-19 pandemic, the company's CEO said Friday. Houston Business Journal (HBJ) recently announced the 2020 "Middle Market 50" award and the "Best Places to Work" award. Surge Energy was on both lists, the only company winning both awards in Houston, known as the Energy Capital of the World. (Xinhua)