Energy News Beat Dong Fang Offshore Subsea 7’s offshore wind contractor Seaway 7 and Taiwan-based offshore wind service player Dong Fang Offshore, a subsidiary of Hung Hua Construction, have joined forces in the expanding Taiwanese renewables sector. Under a memorandum of understanding, the duo will focus on developing a localised cable installation offering. Seaway 7 […]
Energy News Beat British carbon capture specialist Seabound has completed its maiden voyage, capturing 78% of a containership’s carbon emissions and more than 90% of its sulphur output. The pilot, which was made possible with the support of Hapag Lloyd and Lomar, and approved by ABS, saw data collected at sea for over two months. […]
Energy News Beat Dry CargoEurope Costamare New York-listed Greek owner Costamare has reaffirmed its dry bulk fleet renewal and focus on larger tonnage in the sector. The Konstantinos Konstantakopoulos-led company has revealed the sale of nine ships ranging between 32,400 dwt and 56,670 dwt and built between 2006 and 2012. Five bulkers have already switched […]
Energy News Beat Last April, Germany shut down its last three nuclear power stations, marking the end of the country’s atomic age. Berlin has unveiled plans to spend €16 billion on 10 gigawatts (GW) of new gas-fired power plants in a major overhaul of the country’s energy grid. Germany is also abandoning its short-lived love […]
Energy News Beat The US leader has disputed a claim in a Justice Department report that his recollection of events is deteriorating US President Joe Biden has angrily denied assertions that he is unable to remember key events, despite a report by the Justice Department describing him as an “elderly man with a poor […]
Energy News Beat HomeRussia & FSU The Russian leader spoke on a variety of burning topics in the much-anticipated interview, focusing on the Ukraine conflict Conservative American journalist Tucker Carlson has released a much-anticipated interview that he conducted with Russian President Vladimir Putin in the Kremlin on Tuesday. The interview mainly centered on the […]
Energy News Beat Norway’s Eidesvik Offshore has secured a contract extension for one of its LNG-powered PSVs. According to a statement by Eidesvik, compatriot energy firm Aker BP has declared an option to extend the contract for the supply vessel Viking Lady. The contract extension runs from February 2025 in direct continuation of the current […]
Energy News Beat LNG-powered bulker owner Himalaya Shipping achieved average time charter equivalent earnings of about $28,400 per day in January. Tor Olav Trøim’s Himalaya said in a commercial update that the company’s six vessels trading on a fixed time charter earned $28,600 per day, gross, including average daily scrubber and LNG benefits on five […]
Energy News Beat Spot charter rates for the global liquefied natural gas (LNG) carrier fleet rose for the first time since mid-November 2023, while European prices decreased this week compared to the week before. Last week, the Atlantic rate dropped 1 percent week-on-week to $52,750 per day and the Pacific rate decreased 3 percent to […]
Energy News Beat Credit cards are the dominant payment method, from reimbursed business travel to ecommerce and bar tabs. And some people use them to borrow. By Wolf Richter for WOLF STREET. Credit cards are a measure of spending, not a measure of borrowing; they’re the dominant consumer payments method in the US, having largely replaced checks and […]
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.
