Energy News Beat Authored by John Cody via Remix News, Germany’s welfare system is being dragged down by the country’s growing immigrant population, with data from the country’s Federal Employment Agency showing that over six out of 10 welfare recipients deemed able to work are migrants. The country’s welfare system, once referred to as Hartz […]
Energy News Beat Yesterday, Deutsche Bank’s Jim Reid published his 2024 World Outlook titled “The race against time” (which we will discuss shortly), and which refers to the fact that funding has dried up or tightened considerably over the last couple of years for various parts of the economy as rates have risen. So can […]
Energy News Beat An unlikely collaboration between a Kentucky coalfield county and Kentucky’s largest city began when a former high school English teacher, Megan Downey, walked into the Lawrence County courthouse in Louisa in August. Inspired by a personal desire to find ways to tackle the impacts of climate change, Downey had launched a […]
Energy News Beat Biking within Black and Brown communities is complicated. While non-motorized transportation is an important tactic for reducing emissions, many people still associate biking with something that kids do — or think of it as the last resort for people who can’t afford cars. In BIPOC communities, that is compounded by external […]
Energy News Beat Yahoo Finance NEW YORK – Oil prices jumped over 2% on Tuesday on the possibility OPEC+ will extend or deepen supply cuts, a storm-related drop in Kazakh oil output and a weaker U.S. dollar. Brent crude futures were up $1.88, or 2.4%, at $81.86 a barrel by 11:03 a.m. EST (1603 GMT). U.S. […]
Energy News Beat Today LONDON :OPEC+ is looking at deepening oil production cuts despite its policy meeting being postponed to this Thursday amid a quota disagreement between some producers, an OPEC+ source said on Monday. Source: Reuters Several analysts have said they expect OPEC+ to extend or even deepen supply cuts into next year in […]
Energy News Beat The country’s competitiveness as an industrial location has been undermined, Michelin said French tire giant Michelin will slash over 1,500 jobs in Germany by 2025, as competition from lower-wage nations and soaring energy prices make production in Western Europe unprofitable. Michelin will fully shut down plants in Karlsruhe and Trier and discontinue […]
Energy News Beat Oil Price Sustainability-linked loans, or SLLs, have only been around for a few years. In that short time, they have ballooned into a market worth $1.5 trillion. But now, as scrutiny comes for sustainability claims with no substance, that market faces a reckoning. And so do the banks that lent those money. […]
Energy News Beat World Oil (Bloomberg) – Oil executives are flocking to Venezuela to take advantage of lighter U.S. sanctions, even though there’s a risk that access to the world’s largest oil reserves might snap shut as quickly as it opened. Source: World Oil Companies including Shell Plc., Repsol SA, Hungary’s Mol Nyrt, Sweden’s Maha […]
Energy News Beat Nasdaq The Biden administration on Tuesday will auction off 35,000 acres (14,164 hectares) of land in Wyoming to oil and gas drillers, the first in a series of such sales that will coincide with a United Nations’ conference aimed at combating fossil fuel-driven climate change in Dubai. Source: Reuters The Interior Department’s […]
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.
