Energy News Beat But it may take a while before these federal lease terminations work their way into CRE delinquency rates. By Wolf Richter for WOLF STREET. Vacant office space in the US grew by an additional 8.06 million square feet (s.f.) in Q1, the 18th quarter of negative net absorption over the past 20 quarters, increasing the […]
Energy News Beat This is a significant story in the geopolitical energy markets, as we are witnessing a substantial shift in the global financial push for the acquisition and classification of oil, mineral, and gas fields on balance sheets. George McMillian brings up some critical points. I cannot be more blunt. The Trump Administration needs […]
Energy News Beat According to a statement by Concor, the two state-owned firms signed a memorandum of understanding on April 23 in New Delhi. The primary objective of the MOU is to develop LNG infrastructure at various Concor terminals on a pan-India basis, to provide uninterrupted supply of LNG fuel for Concor’s road transportation requirements, […]
Energy News Beat Is the electric vehicle craze really better for the planet? Explore the hidden costs, from mining to data privacy, in this eye-opening documentary. Are electric vehicles better for the planet than gasoline-powered vehicles? This is the question we explore in my new documentary “Electric Vehicles: The Good, the Bad and the Ugly.” […]
Energy News Beat Spark30S (Atlantic) freight rates rose $14,000 this week to $35,750 per day, Qasim Afghan, told LNG Prime on Friday. He said this is the largest week-on-week rise in Atlantic rates since September 2023, and has “largely been driven by the US front-month arb pointing to Asia for the first time in seven months […]
Energy News Beat EIA said in its weekly report, citing shipping data provided by Bloomberg Finance, that the total capacity of these 27 LNG vessels is 102 Bcf. This compares to 34 shipments and 129 Bcf in the week ending April 16. According to data from S&P Global Commodity Insights, average natural gas deliveries to US LNG export terminals […]
Energy News Beat Rosstat’s data shows that the country’s LNG terminals produced about 8.7 million mt in January- March, down 4.1 percent compared to the same period in 2024. In March, LNG production reached 2.9 million mt, a decrease of 3.7 percent compared to the same month last year and a rise 8 percent compared […]
Energy News Beat Wan Hai Taiwanese containerline Wan Hai has returned to South Korean shipyards for a fresh series of methanol dual-fuel-ready 16,000 teu vessels. The Taipei-headquartered company has commissioned two newbuilds each at HD Hyundai Samho and Samsung Heavy Industries in a deal worth up to $816m. The units at HD Hyundai cost between […]
Energy News Beat Karachi Port Trust Pakistan has suspended all trade with India and closed its airspace and land border. The measures follow the imposition of sanctions imposed by India after an attack in Indian-administered Kashmir that killed 26 people on Tuesday. The last six months saw 520 port calls of vessels between Pakistan and […]
Energy News Beat London-listed dry bulk outfit Taylor Maritime has aligned its business with anticipated trade turbulence and taken advantage of improved market sentiment to sell 11 ships for $172.5m. The Ed Buttery-led company said that one bulker had already been delivered to its new owner, with the remaining 10 exiting the fleet by August […]
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.
