Energy News Beat By Wolf Richter for WOLF STREET. Inflation dished out another bad surprise with a big increase in January from December, which wasn’t a surprise because inflation, once it gets going, is known to do that. This time, the hot spots were durable goods, fueled by the continued massive month-to-month increases in used vehicle prices, and […]
Energy News Beat Greater ChinaTankers COSCO Shipping COSCO Shipping Energy Transportation (CSET) has lined up an investment plan of CNY 3.496bn ($378.3m) for six tanker newbuildings. The board of the listed oil and gas shipping business of COSCO Shipping Group has approved the construction of two aframaxes, two LR2s, and two panamax tankers, the company […]
Energy News Beat [[{“value”:” BRUSSELS – Donald Trump said on Wednesday he and Vladmir Putin had agreed to open talks to end Russia’s war in Ukraine “immediately”, after his defence secretary said it was “unrealistic” that Ukraine’s pre-2014 borders would be restored. As his top diplomatic trio continued their first European tour, US President Trump […]
Energy News Beat Shell released its 2025 energy security scenarios, reimagining its Archipelagos and Horizon scenarios in the context of a world using artificial intelligence. The company also added a third scenario, Surge, which explores the prospect of a new wave of economic growth driven by productivity improvements catalyzed by AI. In Archipelagos, technology development […]
Energy News Beat President Trump’s return to the White House appears poised to throw a wrench into the U.S.’s energy transition — though not to stop it. Trump repeatedly pledged on the campaign trail to implement policies favorable to the fossil fuel industry and roll back incentives that have boosted the renewable energy sector in recent […]
Energy News Beat Crude oil reclaimed the 50-Day MA at $72.83, signaling strength. Watch resistance between $74.60-$74.89 and potential support at $70.91. Crude oil further confirmed the recent swing low of $70.91 as support. On Tuesday, crude triggered a continuation of the rally from that low, reaching a new high of $73.99 for the bounce. Strength […]
Energy News Beat While some U.S. refiners are scaling back, Saudi Arabia’s Motiva Enterprises just made a power move. The Saudi Aramco-owned refinery in Port Arthur, Texas, has quietly expanded its capacity, now processing a record 654,000 barrels per day—officially making it the largest refinery in the United States above Exxon’s Beaumont and Marathon’s Galveston […]
Energy News Beat What if the American president’s seemingly outlandish claims on serve a higher purpose? In a world caught between ecological limits and technological ambition, the revival of the long-dormant vision of the Technate suggests that America’s future may be shaped not by traditional geopolitics but by the pursuit of industrial autarky, resource control, […]
Energy News Beat [[{“value”:” Slovakia’s Robert Fico seeks full disclosure of US funding to organizations undermining his government Prime Minister Robert Fico has formally requested that Elon Musk, head of the US Department of Government Efficiency (DOGE), disclose detailed information about American grants allocated to Slovak non-governmental organizations (NGOs) and media outlets through Washington’s main […]
Energy News Beat Lithuania, Latvia and Estonia recently disconnected from a transmission network that linked them to Russia and Belarus Electricity prices in the Baltic region have nearly doubled since Estonia, Latvia, and Lithuania disconnected from Russia’s electricity transmission grid last week, trading data from Nord Pool showed on Wednesday. The network that the three […]
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.
