Energy News Beat The Biden Administration is cracking down on more household appliances in its latest effort to push its radical climate change agenda. On Friday, the Department of Energy (DOE) finalized a slew of new energy efficiency standards for residential refrigerators and freezers and proposed standards for commercial fans and blowers. The agency claimed […]
Energy News Beat If each side’s respective drills go off without a hitch, then they can spin it as though the other backed down, which can further galvanize their public in support of the state and its policy towards the Essequibo dispute. The dispatch of a British offshore patrol vessel to Guyana for bilateral drills amidst its […]
Energy News Beat At the end of each year, I like to look back at the past year and ahead to what the coming 12 months might bring (which I will cover in a separate post tomorrow). In the past, I have focused primarily on the GB market, but over the past year, my work […]
Energy News Beat LinkedIn is fun for getting to know other people and energy industry leaders. Ralph Rodriquez is a perfect example. He had never been on a podcast, and we had an absolute blast. And anytime you can develop several T-shirt slogans, you know it will be a fun podcast. If we can’t make […]
Energy News Beat Although the Federal Reserve and the European Central Bank’s message regarding interest rate cuts seems clear, reiterating their commitment to reducing inflation, the market is expecting between five and six interest rate cuts, between 125 and 150 basis points, in the next twelve months. This shows us the bubble bias of many investors. We live in […]
Energy News Beat The nonprofit Global Witness investigated lithium mining projects in Zimbabwe, the Democratic Republic of Congo, and Namibia, which appear to reproduce the same model of extractivism that has impoverished African countries for centuries. In March, residents of the Namibian town of Uis took to the streets to protest the activities of Chinese […]
Energy News Beat News|Business and Economy Argentina has announced that it will not join the BRICS bloc of developing economies, fulfilling a campaign promise by newly elected far-right President Javier Milei who has pledged to pursue closer ties with the West. In a letter dated December 22 but released on Friday, Milei told the leaders […]
Energy News Beat CNBC Oil prices are set to end 2023 about 10% lower, the first annual decline in two years, after geopolitical concerns, production cuts and global measures to rein in inflation triggered wild fluctuations in prices. Source: CNBC Brent crude futures were up 44 cents, or 0.6%, at $77.59 a barrel on Friday, the […]
Energy News Beat World Oil (WO) – QatarEnergy has announced a five-year crude oil supply agreement with Shell International Eastern Trading Company, Singapore (Shell). Source: World Oil The agreement stipulates the supply of up to 18 MMbbl per annum of Qatar Land and Qatar Marine crude oils to Shell starting January 2024. QatarEnergy and Shell […]
Energy News Beat Oil Price OPEC could potentially face further loss of market share in early 2024 following the recent departure of Angola, weakening demand and rising output by non-OPEC producers, Reuters claims, based on its own calculations. Source: Reuters Reuters reports that OPEC’s production is set to slip below 27 million barrels per day […]
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.
