Energy News Beat ENB Pub Note: An interesting view on the Middle East drama unfolding. Andrew Korybko has a substack that I recommend reading and supporting. While I do not agree with all of his articles or summaries, his research and thought process is worth your time. Source HERE: It’s unclear how everything will ultimately […]
Energy News Beat Need for transitional fuels, CO2 capture cited in final text Big Oil has long promoted natural gas as bridge to renewables The historic COP28 deal, which committed the world to the transition away from fossil fuels, also cemented a role for two key oil industry priorities. The summit’s final text indicated that natural […]
Energy News Beat Warren Buffett’s Berkshire Hathaway bought close to $590 million worth of Occidental Petroleum stock this week after the latter announced it would acquire Permian oil driller CrownRock. Occidental said it will buy CrownRock for cash and stock in a deal valued at around $12 billion, including debt. The target company has more […]
Energy News Beat ENB Pub Note: “Sanctions do not work as intended”- Irina Slav. She has a great definition and is extremely accurate. The weaponization of the US dollar has accelerated the demise of the United States financial system. This is an example of how countries survive under the poor geopolitical policies of our current […]
Energy News Beat Several U.S. energy groups have responded to the outcome of the COP28 climate summit, which wrapped up earlier this week. The COP28 website highlighted that the summit concluded “with a historic agreement by 198 Parties to deliver a new era of climate action”. “The parties agreed a landmark text named The UAE […]
Energy News Beat Solar and wind power may be free, renewable fuels, but they also depend on natural processes that humans cannot control. It’s one thing to acknowledge the risks that come with renewable energy: the sun doesn’t always shine and the wind doesn’t always blow, but what happens when the grid loses both of […]
Energy News Beat OPEC MOMR: OPEC’s crude production fell in November for the first time in months. OPEC: U.S. oil output continued to reach new highs. Venezuela and Libya, which are exempted from the OPEC+ deal, saw their crude oil production rise month-on-month, as did Kuwait. OPEC’s crude oil production fell in November for the […]
Energy News Beat Bulgaria has announced that it will remove the tax on the transfer of Russian gas passing through its territory in transit after Hungary threatened to block its application to join the Schengen area, the British newspaper revealed The Financial Times. Romania and Bulgaria have been waiting more than a decade to win unanimous approval from […]
Energy News Beat The Federal Reserve on Wednesday held its key interest rate steady for the third straight time and set the table for multiple cuts to come in 2024 and beyond. With the inflation rate easing and the economy holding in, policymakers on the Federal Open Market Committee voted unanimously to keep the benchmark […]
Energy News Beat As the year draws to a close, stock-market professionals can recite a litany of explanations for why the U.S. market has marched higher this year. But a group of Wall Street strategists believe chalking up the equity market’s gains to signs that the U.S. economy is heading for a “soft landing,” or […]
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.
