Energy News Beat The construction of Hinkley Point C and Sizewell C nuclear power plants is facing significant delays and cost overruns, jeopardizing the UK’s energy security. Sellafield Ltd’s cybersecurity failings have raised concerns about the safety and security of the UK’s nuclear industry. The UK government’s ambitious plans to expand nuclear power are facing […]
Energy News Beat Oil prices fell as traders await clarity on President-elect Donald Trump’s policy agenda. Banks are gearing up for oil prices to fall below $60 a barrel by the middle of Trump’s term. Standard Chartered predicts the dramatic slowdown in U.S. oil production growth witnessed in 2024 will continue over the next two […]
Energy News Beat What Policy Landmines did Biden leave Trump? We are here! President Trump and his new administration are getting ready to roll, but what Policy landmines did Biden and his administration leave? Is it like a mountain of debt mixed in with some of Biden’s dogs remains after a walk? Or are there […]
Energy News Beat A spokesperson has acknowledged that the sanctioned country’s energy is still flowing into the bloc Russian energy continues to flow to the EU despite the bloc’s commitment to eliminating its dependence on it, a European Commission spokesperson has said. The EU’s imports of liquefied natural gas (LNG) from Russia surged in the […]
Energy News Beat Revisiting FP interviews with administration officials, from Jake Sullivan to Katherine Tai. In the past four years, top officials from Jake Sullivan to Katherine Tai have sat down with FP to offer insight into U.S. President Joe Biden’s foreign policy. Together, they painted a picture of the “Biden doctrine” on foreign aid, […]
Energy News Beat Data from China’s General Administration of Customs shows that the country received 76.65 million tonnes in 2024. This compares to 71.32 million tonnes in 2023, which marked a rise of 12.6 percent year-on-year. LNG imports in 2024 were lower than 78.93 million tonnes in 2021, which marked a new record high due […]
Energy News Beat This compares to 81.1 Mtpa in 2023, and the previous record of 81.3 Mt shipped during 2022, EnergyQuest said in a new report. The US, Australia, and Qatar are the world’s top three largest LNG exporters. The consultancy said that the 2024 LNG revenue of $67.7 billion was less than the record […]
Energy News Beat Samsung Heavy said on Monday that it will build the LNG carrier for an unidentified owner in Oceania. The shipbuilder will deliver the LNG carrier by June 2027. The order has a price tag of 379.6 billion won or about $261 million. Samsung Heavy did not provide any additional information regarding the […]
Energy News Beat In October 2024, Woodside acquired all issued and outstanding Tellurian common stock for about $900 million cash, or $1.00 per share. The implied enterprise value is about $1.2 billion. Woodside also renamed Tellurian’s Driftwood LNG project Woodside Louisiana LNG. Last month, Woodside signed a revised engineering, procurement, and construction (EPC) contract with US engineering […]
Energy News Beat Venture Global’s 174,000-cbm newbuild carrier, Venture Gator, was on Monday anchored in the North Sea, offshore Wilhelmshaven and Brunsbüttel, where DET’s FSRU-based facilities are located, its AIS data provided by VesselsValue shows. The data shows that the vessel is expected to deliver the shipment to Brunsbüttel, the home of the 170,000-cbm FSRU […]
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.
