Energy News Beat The forest biomass energy industry took a major hit this month, as Enviva, the world’s largest producer of wood pellets — burned in former coal power plants to make energy on an industrial scale — saw catastrophic third quarter losses. Enviva’s stock tanked, its CEO was replaced and the company seems near […]
Energy News Beat Türkiye’s state pipeline operator Petroleum Pipeline Corporation (BOTAŞ) signed an agreement with Algeria’s state oil and gas firm Sonatrach to extend their existing deal for another three years, Energy Minister Alparslan Bayraktar said Tuesday. Under the deal signed during an official visit to Algiers by President Tayyip Erdoğan, Türkiye will continue to buy […]
Energy News Beat When I say the cleaving is becoming tenuous, do not take that expression to indicate the Western global alliance will back down, they will not. However, as the fracturing of the global economic systems cleave into two very distinct formations, the citizens forced to live in the Western control system are going […]
Energy News Beat The Strait of Hormuz, located between Oman and Iran, connects the Persian Gulf with the Gulf of Oman and the Arabian Sea. The Strait of Hormuz is the world’s most important oil chokepoint because large volumes of oil flow through the strait. In 2022, its oil flow averaged 21 million barrels per […]
Energy News Beat Nearly 14 years after “Gasland” was released, numerous studies have contradicted its claims about fracking, and its dire predictions didn’t come to pass. Despite dozens of studies that dispel those claims, proponents say anti-fracking activists is based on ideology and not science. The Oscar-nominated and Emmy-winning documentary Gasland is often credited with spawning the movement […]
Energy News Beat Despite Africa’s monumental fossil fuel and renewable energy potential, it faces high energy poverty levels, according to a new report. And while efforts to shift to clean energy in Africa are positive – with several countries taking advantage of the enormous renewable energy potential – these efforts need to be coupled with the […]
Energy News Beat Sustainability funds should be able to hold traditional energy shares because excluding them is denying investors one of the best ways to bet on a shift to renewable energy, a senior ESG executive at Deutsche Bank’s Private Bank said on Tuesday. Fossil fuel stocks have boomed since Russia’s invasion of Ukraine in […]
Energy News Beat Ghana has unveiled an energy transition and investment plan worth $550 billion, but it faces significant challenges like integrating renewable energy sources, raising public awareness, and attracting sufficient funding, experts told Gas Outlook. The recent National Energy Transition Framework (NETF) paved the way for more specific and practical strategies within Ghana’s Energy Transition and Investment Plan. NETF […]
Energy News Beat DETROIT – Ford Motor is scaling back plans for a $3.5 billion battery plant in Michigan as consumers shift to electric vehicles more slowly than expected, labor costs rise and the company moves to cut costs. Ford executives including CEO Jim Farley and Chair Bill Ford initially announced the facility in February. It quickly became […]
Energy News Beat Is there any critical industrial material as bizarre as natural gas? The stuff holds almost zero interest for the general public, for the same reason no one is interested in the sound of a washing machine. Both boring. Both ubiquitous. Natural gas isn’t even sold on Amazon. But forty-six percent of American […]
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.
