Energy News Beat The Biden administration has announced a $9 million grant to Alaska researchers to study a project that could capture carbon emissions from a big new coal-fired power plant and inject them in a depleted natural gas field not far from Anchorage. The University of Alaska Fairbanks would lead the research into what’s known as […]
Energy News Beat I am working on several stories about the issues with the potential threats to our national grid. This potential terrorist attack has been planned for years and has been made possible by the current administration’s energy and border policies. The Biden Administration curtailed an executive order from President Trump that was put […]
Energy News BeatRussia has shown true resilience by not bowing to foreign pressure, President Vladimir Putin said on Wednesday. He stated that Russia is a “self-sufficient country,” whose economy is growing despite the sanctions, while EU member states are living through “difficult times.” The president made his remarks during a meeting with residents of Russia’s […]
Energy News Beat Various environmental, social and governance (ESG)-related funds from Abrdn, Morgan Stanley and UBS have recently been renamed to omit sustainability-related phrases. In addition, according to data from Morningstar Direct cited by the FT, launches of environmental, social and governance (ESG)-related funds have been steadily declining, with only six launched in the second half of 2023 compared […]
Energy News Beat NEW YORK, Jan 12 (Reuters) – Oil prices jumped more than 2% as some oil tankers diverted course from the Red Sea after overnight strikes by the U.S. and Britain on Houthi targets in Yemen, while U.S. Treasury yields eased on news that U.S. producer prices unexpectedly fell in December. Wall Street […]
Energy News Beat The US has resumed importing oil from Russia for the first time in more than a year, despite the ongoing sanctions imposed on Moscow over its military intervention in Ukraine, according to a Sputnik Globe report. According to the US Energy Information Administration (EIA), the US imported 36,800 barrels of Russian oil in October and 9,900 barrels […]
Energy News Beat In November 2023, the United States imported oil from Russia for the first time since April 2022, according to US statistical data. Washington purchased almost 10,000 barrels of Russian oil for $749,000. Thus, the price per barrel was about $74.9, which is above the established ceiling on Russian oil prices In November 2023, […]
Energy News Beat (Bloomberg) – Norwegian oil and gas companies will drill more exploration wells this year as the country seeks to maintain its position as a key oil and gas supplier to Europe. Between 40 and 50 wells are expected to be completed, up from 34 last year, the Norwegian Offshore Directorate said Thursday. […]
Energy News Beat The Japanese government has announced plans to spend ¥3trn ($20.86bn) on subsidies for delivered clean hydrogen (and its derivatives) over a 15-year period. The scheme — which will be open to both domestically produced and imported H2 — will cover the cost gap between low-carbon hydrogen and fossil equivalents from next year, with […]
Energy News Beat After 15 years, the Bureau of Land Management finally approved a 732-mile transmission line that will send 3,000 megawatts of power from the Sierra Madre and Chokecherry wind energy projects in Wyoming to renewable-hungry California. The $3 billion project, which will run across Colorado, Utah and Nevada, will require another five years […]
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.
