Energy News Beat Berlin has agreed to spend €16 billion to build four major natural gas plants to meet electricity demand in a major overhaul of the country’s energy grid. In a statement Monday, officials said the new strategy came “in addition to the consistent expansion of renewable energies,” and was key to ensuring steady […]
Energy News Beat China has opposed green projects by the UN’s flagship climate fund because their documents mentioned the risk of forced labour in the Chinese-dominated supply chains of solar panels. At a meeting of the Green Climate Fund (GCF), China’s board representative Yingzhi Liu objected to six projects because their risk assessments highlighted the potential of forced labour […]
Energy News Beat A convoy of two nuclear icebreakers and two polar-class heavy lift vessels is making slow but steady progress through Russia’s Arctic waters carrying the final modules for the second train of Novatek’s Arctic LNG 2 project. Heavy-lift vessels Audax and Pugnax, operated by Singaporean Red Box, loaded two 10,000-ton prefabricated modules at the Penglai shipyard in […]
Energy News Beat Britian’s latest subsea interconnector, the 1.4 GW Viking Link with Denmark began commercial operations at the end of December. Initially its capacity will be limited to 800 MW until internal grid reinforcement in Denmark is completed, since if it ran at full capacity the link would risk overloading the Danish network in the West […]
Energy News Beat ENERGY REALITIES EPISODE #97 – SPIRIT COOKER Highlights of the podcast: 00:34 – Spirit Cooker 03:28 – The consequence of growth of EVs. 07:05 – Problems with electric cars 09:56 – Some countries are defining EVs as the only car types and their territories 14:19 – Biden’s LNG decision is a win […]
Energy News Beat Natural gas storage — especially well-sited storage with lightning-fast deliverability rates — is taking on a new significance (and value) as LNG export facilities and power generators seek to manage their often-volatile gas demand. But developing new gas storage capacity is costly and, with only a few exceptions, it’s hard to make […]
Energy News Beat Once a skeptic of nuclear energy, Energy and Technology Co-Chair State Rep. Jonathan Steinberg, D-Westport, is now one of its staunchest supporters. Steinberg told CT Examiner this week that, like many of his contemporaries, he questioned the benefits of using nuclear energy. But those concerns have been alleviated through research, talking to […]
Energy News Beat A year and a half after a renowned Harvard professor described the pandemic of 2020 as “the mother of all shocks” to energy markets, oil and gas prices are still being rocked by supply and demand shocks, with economic growth trends and geopolitical tensions offsetting or exacerbating them. “One reason why oil […]
Energy News Beat Yemen’s AnsarAlla threatens to cut fibre optic cable in the Red Sea and the region, Azernews reports, citing foreign media. This will happen if the US and UK strike Yemen’s airports again. Internet cables serve as communication channels between Europe, Africa, and the Middle East. Taking them out of service would disrupt international lines […]
Energy News Beat Finnish state-owned energy firm and LNG supplier, Gasum, has decided to build a new liquefied biogas (bio-LNG) plant in Borlange, Sweden. Gasum said the the investment decision is the next step in its plan to build five large-scale biogas plants in Sweden. In February last year, Gasum started building the first bio-LNG […]
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.
