Energy News Beat July 8 (Reuters) – Oil prices eased about 1% to a one-week low on Monday as Hurricane Beryl shut U.S. refineries and ports along the Gulf of Mexico, and on hopes a possible ceasefire deal in Gaza could reduce worries about global crude supply disruptions. Brent futures fell 75 cents, or 0.9%, […]
Energy News Beat Is Big Tech An Energy Transition Roadblock? – Energy Realities Live Podcast How can there be an energy transition when big tech is demanding so much power? Well David Blackmon, Irina Slav, Tammy Nemeth and Stu Turley sit down and talk about the isse. We are also taking questions live from around […]
Energy News Beat July 5 (Reuters) – Mining trade groups plan to push Washington to revive and expand the long-dormant Bureau of Mines, an effort aimed at streamlining how the U.S. government regulates and supports critical minerals production and timed to coincide with the 2024 presidential election. The lobbying campaign, details of which have not previously […]
Energy News Beat July 8 (Reuters) – Italian energy group Eni (ENI.MI), opens new tab has made a significant oil and gas discovery in the Sureste Basin, about 63 kilometres off the coast of Mexico, it said on Monday. The discovery, in an exploration well called Block 9, has a preliminary estimate of 300-400 million barrels equivalent […]
Energy News Beat U.S. gasoline and diesel prices are set for a more volatile summer this year as an expected busier-than-usual hurricane season and extremely high temperatures could weigh on refinery production, analysts have told Reuters. A higher number of named storms could lead to more refinery shutdowns on the U.S. Gulf Coast, which hosts more than […]
Energy News Beat Electric vehicle fires are rare, but they quickly make headlines due to the new technology and ongoing public education about EV safety. A recent incident that caught our attention involved three Rivian Amazon Electric Delivery Vans (EDVs) bursting into flames at an Amazon fulfillment center in Houston, Texas, this week. For starters, […]
Energy News Beat (Bloomberg) – ConocoPhillips sued to block a Biden administration ban on drilling across nearly half the National Petroleum Reserve in Alaska, claiming the measure violates a federal law that compels oil development there. The lawsuit filed Friday takes aim at an Interior Department rule that explicitly bars oil leasing on 10.6 million […]
Energy News Beat SIOUX FALLS, S.D. – A political border war between South Dakota and Minnesota on how to handle tax policies, abortion and the pandemic response could spill over into renewable energy and the future of coal plants. At issue is the pace with which gas and electric companies can transition away from fossil […]
Energy News Beat OKLAHOMA CITY, July 08, 2024 (GLOBE NEWSWIRE) — Devon Energy (NYSE: DVN) announced today it has entered into a definitive purchase agreement to acquire the Williston Basin business of Grayson Mill Energy in a transaction valued at $5 billion, consisting of $3.25 billion of cash and $1.75 billion of stock to the […]
Energy News Beat British Gas has relaunched the “PeakSave” scheme, offering discounted electricity rates every Sunday until 8th September. Eligible customers can save 50% on their electricity bills between 11am and 4pm. Over 600,000 participants have already benefited from this initiative, receiving more than £11 million in savings, the company said. To join, customers can […]
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.
