Energy News Beat ESG funds saw outflows for the first time in their history last year, and the trend extended into this year. Alvarez & Marsal: we expect to see a decline in ESG-related campaigns and a renewed focus on metrics such as margin growth, cash generation and return on capital. The backlash against ESG […]
Energy News Beat Hazardous air pollutants (HAPs) regulation has recently evolved with the U.S. Environmental Protection Agency’s (EPA) recent amendments to the Clean Air Act. This new rule, finalized on August 30, 2024, aims to ‘enhance public health protections’, according to the EPA’s FAQ sheet, and ensure transparency when major sources of HAPs reclassify as […]
Energy News Beat Oil prices have dropped significantly in the past week, with Brent crude falling below $74 per barrel. Gazprom Neft’s CEO, Alexander Dyukov, believes oil prices will stabilize soon despite current pressures. Dyukov added that OPEC+ may delay plans to increase oil production in October, which could help stabilize prices. Oil prices will […]
Energy News Beat OPEC+ agreed to pause its planned oil output hike for two months after prices plunged amid fragile demand and plentiful supply. Key coalition members won’t go ahead with the scheduled hike of 180,000 barrels a day in October, according to delegates who asked not to be identified because the discussions are private. Oil prices […]
Energy News Beat Moves to shut down gas flows will result in price hikes: Putin Russia aims to expand its share of the global LNG market Russia is ready to continue sending gas to Europe via pipelines across Ukraine beyond 2024, according to President Vladimir Putin. Europe has tried to wean itself off Russian gas since […]
Energy News Beat Amid flagging congressional efforts to streamline federal permitting processes for energy projects, a disturbing trend is now developing as federal courts move aggressively to not just slow the process but to also use novel reasons to cancel permits that have already been issued. One prominent example relates to an August decision by a federal […]
Energy News Beat „We are working at full speed and getting closer to the point,“ a DET spokesman said. „We expect both terminals to go into operation before the winter,“ he said. DET currently operates the first Wilhelmshaven LNG terminal which features the 170,000-cbm Hoegh Esperanza and the LNG terminal inBrunsbüttel which features the 170,000-cbm […]
Energy News Beat This was revealed on Wednesday by India’s Prime Minister Narendra Modi during a banquet hosted by the Sultan of Brunei. According to a statement by the government of India, this is the first bilateral visit by an Indian Prime Minister to Brunei. Modi said the two countries are committed to strengthening their […]
Energy News Beat Russian President Vladimir Putin said that he intended to discuss a gas supply contract with Serbia that expires in March 2025 with Serbian Deputy Prime Minister Aleksandar Vulin. Putin met Vulin at the Eastern Economic Forum in Russia’s far eastern port of Vladivostok. Serbia, which was bombed by NATO during the […]
Energy News Beat Kiev should consider the consequences of possible retaliation, the Russian president has said Ukrainian attacks on Russian nuclear power plants (NPP) could lead to a global disaster, President Vladimir Putin has warned. He suggested that Kiev think about what could happen if Moscow responded in kind. Speaking at the plenary session of […]
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.
