Energy News Beat UAE’s energy giant Adnoc is looking to order liquefied natural gas carriers for its planned LNG terminal in Al Ruwais, according to shipbuilding sources. Sources told LNG Prime that Adnoc recently issued a tender inviting offers from yards in China and South Korea for six firm plus four optional standard-size LNG carrier […]
Energy News Beat New Hampshire’s energy department is preparing to road-test a grant program meant to help disadvantaged cities and towns access the environmental and financial benefits of solar power. The state plans to use $1.4 million from the 2021 federal Bipartisan Infrastructure Act to help fund the installation of solar projects up to 60 […]
Energy News Beat The Dutch port of Rotterdam said its LNG bunkering volumes reached a record level in 2023 as prices dropped from 2022 and demand continues to increase. Europe’s largest bunkering port reported LNG volumes of 619,243 cubic meters in 2023, a rise of 53 percent compared to 406,599 cbm in 2022 when volumes […]
Energy News Beat Ankara has assured Russia it will continue to abide by the Montreux Convention, the foreign minister says The US will not be able to persuade Türkiye to allow access for its warships to the Black Sea amid the Ukraine conflict, Russian Foreign Minister Sergey Lavrov has said. Speaking at a press conference […]
Energy News Beat Kiev is now only fighting to prolong the life of Zelensky’s regime, that’s why it’s doing stupid things On Wednesday, an Il-76 transport plane was downed in Russian airspace. It was reportedly carrying 65 Ukrainian POWs scheduled for a prisoner swap, escorted by three Russian military guards, as well as six crew […]
Energy News Beat This is funny, in a central-bank kind of way. By Wolf Richter for WOLF STREET. The Fed confirmed today in a press release at 7 PM EST that its infamous tool to deal with the March 2023 bank-panic and bank-liquidity crisis, the Bank Term Funding Program (BTFP), will cease making new loans to banks, as […]
Energy News Beat With uncanny precision? By Wolf Richter for WOLF STREET. The deal came up during D.R. Horton’s earnings call with analysts, without the two companies being named. The analyst posing the question referred to it as “a large acquisition by an offshore player of a domestic homebuilder,” and everyone knew what he was talking about. One […]
Energy News Beat Daily Standup Top Stories White House Said to Delay Decision on Enormous Natural Gas Export Terminal January 24, 2024 Stu Turley Before deciding whether to approve it, the Energy Department will analyze the climate impacts of CP2, one of 17 proposed LNG export terminals. The Biden administration is pausing a decision on whether […]
Energy News Beat Diversified Energy Co., the largest owner of US oil and natural gas wells, is being targeted by a short seller claiming the company may not have enough money to meet obligations to plug inactive wells. Snowcap Research, a London-based activist investor focused on environmental, social and governance matters, said in a 39-page report released […]
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.
