Energy News Beat With Russia and the US finally sitting down for negotiations, we now live in a slightly more normal world It is already certain that the high-level Russian-American meeting in the Saudi capital Riyadh will have a place in the history books. Together with a recent telephone conversation between presidents Vladimir Putin and […]
Energy News Beat The Government of Croatia has launched a €50 million (£42m) call for funding to support the construction of charging infrastructure for electric buses. The new ‘Investment C7.1 R1-I4’ initiative aims to build at least 150 charging points for electric buses to help accelerate the decarbonisation of the transport sector. The deadline for […]
Energy News Beat The European Commission has imposed anti-dumping duties on biodiesel imports from China to help protect the industry. An anti-dumping investigation revealed dumped biodiesel imports from China were harming the EU biodiesel sector, which faced unfair competition and possible plant closures. The latest move is expected to protect nearly 6,000 EU jobs across […]
Energy News Beat The head of the Russian sovereign wealth fund has called for revival of economic cooperation between Moscow and Washington Russia and the US should work on all areas of economic cooperation, including projects in the Arctic region, Kirill Dmitriev, CEO of the Russian Direct Investment Fund (RDIF), has said. Dmitriev is a […]
Energy News Beat Some $4.7 trillion in federal payments remained untraceable, as the Treasury did not enforce a tracking code Elon Musk’s Department of Government Efficiency (DOGE) claims has uncovered a massive gap of nearly $5 trillion in US federal spending that it cannot account for. DOGE has claimed that Treasury records made some payments […]
Energy News Beat Energy giant RWE has commissioned 220MW of battery storage systems in Germany to help stabilise the grid. The Hamm and Nurath project consists of 690 battery cabinets with eight battery modules each and is capable of reaching its nominal capacity “within seconds”. Around 140MW of capacity is located in Hamm and 80MW […]
Energy News Beat Woodside has talked to at least three potential partners for the Louisiana LNG project, Reuters has reported, citing unnamed sources as saying the suitors include Japan’s JERA and Tokyo Gas, along with Aramco-backed MidOcean Energy. Per media reports, the Australian energy major is looking to sell 50% of Louisiana LNG’s first phase […]
Energy News Beat The U.S. Energy Information Administration forecasts non-OPEC crude oil production to increase by 1.8 million barrels per day this year. OPEC+ has maintained output cuts for three years, reducing its global market share from 53% in 2016 to 47% in 2024. Global crude inventories are shrinking, with OECD stocks falling below the […]
Energy News Beat The Trump administration is intensifying its crackdown on Iranian oil shipments to China. Unlike his first term, Trump’s second presidency is actively using economic and geopolitical pressure. The Trump administration is targeting tankers, brokers, financiers, and shipping hubs that facilitate Iranian oil exports to China. The second presidency of Donald Trump has […]
Energy News Beat Ukraine has rejected a bid by the US to own 50% of the country’s rare earth minerals, as President Volodymyr Zelenskiy seeks to negotiate a better deal, the Financial Times reported. US Treasury Secretary Scott Bessent presented the proposal to Zelenskiy in a draft contract, which was brought to their meeting on Wednesday, NBC reported earlier, […]
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.
