Energy News Beat For those born in the Year of the Ox, such as 1949, the year that Chairman Mao declared the Chinese republic, the coming Year of the Snake is forecast to be a year of stability and productivity. President Xi would presumably settle for that. The dry bulk freight market however has been […]
Energy News Beat You can take your pick of a wide variety of opinions about what Trump 2.0 will do to the global oil markets, but it’s a safe bet that nearly all those opinions amount to one effect: disruption. The US president has already dropped a heavy hint to Saudi Arabia to produce more […]
Energy News Beat The Houthis of Yemen rowed back from attacking merchant shipping following January 19’s historic ceasefire agreement between Israel and Hamas, potentially bringing an end to the 14-month-long Red Sea shipping crisis. The Houthis said so long as the ceasefire remains in place, international merchant ships may now transit the Red Sea. However, […]
Energy News Beat One of the favourite parts of my job is compiling Splash Extra’s monthly review – a chance to assess concisely what were the biggest stories of the past few weeks and to place them in context and level of importance. In the six years – and 73 monthly reviews neatly composed – […]
Energy News Beat As shipping slithers somewhat apprehensively into the Year of the Snake, analysts reckon tankers – whether hauling gas or oil – are best placed to see an uptick in fortunes. The Lunar New Year is not starting too well with many sectors struggling to break even in January. The cross-sector ClarkSea Index, […]
Energy News Beat GasMiddle East Petredec Bahri and Petredec have agreed to form a strategic partnership aimed at addressing Saudi Arabia’s increasing LPG and ammonia shipping demands. The two companies will establish a dedicated joint commercial team. Bahri already controls a 40% shareholding in Petredec. Ahmed Ali Al Subaey, CEO of Bahri, Saudi’s top shipping […]
Energy News Beat Lunar New Year comes early this year. The biggest festival in the Chinese calendar sets its date by the first new moon of the lunar calendar and this year, that’s at the end of January. With the passing of the Year of the Dragon, we now enter the Year of the Snake. […]
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Energy News Beat Germany has boosted purchases of Russian liquefied natural gas (LNG) via other EU countries, despite having previously halted direct shipments of the fuel, according to a new report. The analysis, jointly released by Belgian, German, and Ukrainian NGOs on Tuesday, claims that German state-owned energy company SEFE acquired 58 shipments of […]
Energy News Beat California Democrats unveiled legislation allowing insurers and policyholders affected by ‘climate’ disasters to sue oil companies. Two California Democrats unveiled a bill Monday that they said would allow insurers and policyholders affected by the Los Angeles fires to sue major oil corporations for their alleged role in the disaster. [emphasis, links added] […]
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.
