Energy News Beat China’s National Development and Reform Commission (NDRC) recently announced a new program in which the Xi Jinping government will subsidize the building of new coal-fired electricity generation plants. Part of an effort to ensure power grid reliability and stability into the future, NDRC’s notice says the program will commence January 1, 2024. The program […]
Energy News Beat November 15, 2023 Data source: Regional Greenhouse Gas Initiative The most recent auction of carbon dioxide (CO2) emissions allowances in the major U.S. northeast regional trading hub reached near record-high prices, as the number of allowances available was reduced. The latest Regional Greenhouse Gas Initiative (RGGI) quarterly auction, held September 6, 2023, […]
Energy News Beat Los Angeles County has more public electric-vehicle fast chargers than any other in the country. WSJ’s Joanna Stern hit up 30 charging locations in a Rivian R1T and ran into problems at 40% of them. Here’s what’s being done to fix the charging mess. Illustration: Annie Zhao No, I didn’t […]
Energy News Beat Authored by Paul Holden via Racket News, Over the weekend, the United Kingdom’s paper of record, the Sunday Times, reported on how an influential organization called “Labour Together” failed to declare its funding, as required by law. The Times exclusive, “The secretive guru who plotted Keir Starmer’s path to power with […]
Energy News Beat French shipping giant CMA CGM has decided to switch a recent order for eight methanol-powered containerships in China to LNG fuel, according to shipbuilding sources. China’s Shanghai Waigaoqiao Shipbuilding, part of CSSC, announced on September 27 that it has signed a contract with an European owner to build eight containerships with a […]
Energy News Beat Image: HAM Spain’s HAM Group is expanding its fleet of LNG-powered trucks with 50 new Volvo tractor units. HAM and its unit Transportes HAM already took delivery of 25 trucks and expect to receive the rest in 2024. According to a statement by HAM, this is the Volvo FH model with 460 […]
Energy News Beat By Sebastian Boyd, Bloomberg markets live reporter and strategist There’s a possibility the yen may have touched bottom for the current cycle, at least against the dollar, with measures of interest-rate differentials between the two currencies starting to narrow. Colleague George Lei warns the yen is unlikely to outperform, though once-deeply negative six-month […]
Energy News Beat Brazilian processor Marfrig Global Foods SA warned the US cattle herd will continue shrinking through the midpoint of the decade. Less supplies will pressure meatpackers and keep the prices of steak and hamburgers at elevated levels. During a conference call, Tim Klein, the head of Marfrig’s North American operation, explained the availability of fattened […]
Energy News Beat Premature babies are in danger of dying as Israeli attacks cripple most hospitals in Gaza. The World Health Organization says Gaza’s largest health complex – al-Shifa Hospital – resembles a cemetery. list of 4 items list 1 of 4 Israel’s raid on al-Shifa Hospital: Here’s what you should know list 2 of […]
Energy News Beat A heavy downpour in Gaza that followed six weeks of war has brought with it new concerns and challenges for thousands of Palestinians who have lost their homes, those forced to live in flimsy tents and others fleeing south to escape the Israeli military bombardment. The start of the rainy season and […]
Pecos Country Operating, LLC is a privately owned oil and gas exploration and production company headquartered in Fort Worth. We own and operate wells across the South Central United States with our predominant means of production coming out of West and North Texas.
