Energy News Beat A shortage of transformers is putting Europe’s grid build-out at risk, stretching project lead times and adding to a price surge that will be felt on consumers’ bills, researchers and experts have warned. The EU is in the midst of a massive build-out of its electricity grid network, estimated to cost €584 billion between […]
Energy News Beat ENB Pub Note: I bet they don’t ever fill it. It is too close to November Elections. The U.S. Department of Energy (DOE) has announced a new solicitation to purchase oil to replenish the Strategic Petroleum Reserve (SPR), according to a DOE press release. The solicitation, announced by the DOE’s Office of […]
Energy News Beat Lithium-sulfur and solid-state batteries offer higher energy density and longer life. Fast-charging technology reduces charging time to minutes. Sustainable initiatives focus on recycling and using eco-friendly materials. In a world where the appetite for energy is insatiable, the battery market has become the playground for some of the brightest minds aiming to […]
Energy News Beat ENB Pub Note: The EV failure is only the tip of the iceberg. – Just watch as the insurance companies and investors are the key downfalls of the EV market. The markets will not support the “energy transition” any longer. Global policymakers are imposing new taxes on electric vehicles as the shift […]
Energy News Beat Sometime this summer, there will be a silver anniversary celebration of sorts for Wyoming’s coal-rich Powder River Basin. Despite all the gloom and doom of coal industry projections that call for falling production from the Cowboy State, America’s coal heartland is expected to hit an astonishing 9 billion tons of coal produced […]
Energy News Beat The Independent Power Transmission Operator (IPTO or Admie) of Greece has announced the suspension of all electricity imports in the hours around noon through May 7. According to the official announcement of IPTO, the import capacity in interconnections with Italy, Albania, North Macedonia, Bulgaria and Turkey will be zero from 8:00 until 17:00 every day from […]
Energy News Beat bp has disclosed its financial performance for the first quarter of 2024. The energy giant reported an underlying profit of $2.7 billion (£2.1bn), which fell short of analyst predictions by a slight margin. This figure represents a decline from the $5 billion (£3.9bn) profit recorded in the same period last year. The […]
Energy News Beat Pennsylvania Governor Josh Shapiro has unveiled the Commonwealth’s new renewable energy initiative, which will see the State generate 50% of its electricity use from 10 new solar arrays. This initiative – known as the Pennsylvania Project to Utilize Light and Solar Energy (PA PULSE) – will make Pennsylvania the first state in […]
Energy News Beat North Sea oil drilling is set to persist for years beyond Britain‘s net zero deadline, with officials granting approval for 31 new licences for oil and gas exploration. These licences, allocated to fossil fuel companies, are projected to extend production until as late as 2060, marking an extension of approximately two decades […]
Energy News Beat Cargoes of an oil product from Russia are building up at sea as South Korean buyers turn cautious, highlighting how the invasion of Ukraine continues to impact flows more than two years after the war began. More than 2 million barrels of Russian naphtha, a building block for plastics, have been held […]
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.
