Energy News Beat MIDLAND, Mich. — Bills passed by the Michigan Senate last night will drastically increase Michigan’s energy costs and harm energy reliability. The Senate passed SB 271, SB 273 and SB 502, which would require the state to use 100% clean energy by 2040. Below is a statement from Jason Hayes, director of energy and […]
Energy News Beat Rishi Sunak is facing fresh outrage from climate campaigners after it emerged that the prime minister, the King, and foreign secretary David Cameron are taking separate jets to the Cop28 conference in Dubai. Downing Street confirmed all three of the leading British representatives at the crucial summit – aimed at cutting global emissions – will each get their […]
Energy News Beat U.S. Special Presidential Envoy for Climate John Kerry announced Monday he will unveil a first of its kind global strategy to commercialize nuclear fusion energy at an upcoming United Nations summit in Dubai. “Fusion energy is no longer just a science experiment,” Kerry said during a visit to the Commonwealth Fusion Systems (CFS) corporate […]
Energy News Beat Greek shipping giant Angelicoussis has secured long-term charters for almost all of the newbuild LNG carriers it has ordered in South Korea while the group also evaluates further opportunities to expand its large LNG fleet, according to CEO, Maria Angelicoussis, and deputy CEO, Sveinung Stohle. Maria Angelicoussis and Sveinung Stohle told this […]
Energy News Beat With hours left of the agreed pause in Gaza fighting, Israel, Hamas and the intermediaries negotiating between them were on Wednesday again in a frenzy of activity. The original truce was to have lasted until Monday, but Hamas decided to accept the Israeli offer to extend the ceasefire by a day for […]
Energy News Beat By Tsvetana Paraskova of OilPrice.com, Around 21% of Russia’s LNG volumes bound for the European Union are trans-shipments, which are not included in official import figures and thus ignored by EU policymakers, the Institute for Energy Economics and Financial Analysis (IEEFA) said in an analysis on Wednesday. Over the past year and […]
Energy News Beat French LNG containment giant GTT is expecting that there will be more than 450 orders for large LNG carriers over the next ten years, GTT’s chief Philippe Berterottière told LNG Prime on Thursday. Earlier this year, Berterottière said that GTT was expecting up to 450 orders for large LNG carriers over the […]
Energy News Beat New Hampshire’s Department of Energy has requested a $70 million federal grant to expand community solar programs for low-income residents, an infusion of funds that supporters said could lower energy bills, accelerate decarbonization, and perhaps even catalyze the development of much-needed affordable housing. “It’s just going to be life-changing for the […]
Energy News Beat Yahoo Finance LONDON – Oil prices rose on Wednesday as investors turned their attention to an OPEC+ meeting to decide on output policy, while supply disruption caused by a storm in the Black Sea combined with lower U.S. inventories to drive buying. Source: Reuters Brent crude futures were up 61 cents, or […]
Energy News Beat Oil Price COP28 President Sultan Al Jaber, who is also group CEO of the Abu Dhabi National Oil Company (ADNOC), denied on Wednesday reports of plans to use the climate summit in Dubai for pushing oil deals. Source: Reuters Al Jaber’s presidency of COP28 has stirred controversy in recent months. He is the first […]
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.
