Energy News Beat ENB Pub Note: The following is an outstanding article from Armando Cavanha, from Brazil. He is a true energy leader and a friend of the Energy News Beat podcast. His opinions on the global tariff war and the perspective of power are spot on. If you have listened to my podcasts with […]
Energy News Beat The Senate voted to overturn two Biden-era appliance rules, sending bills to Trump to undo overly strict energy efficiency and appliance standards. This week, the Senate voted to undo two Energy Department rules for appliances finalized during the Biden administration, sending the bills to President Donald Trump to sign into law. […]
Energy News Beat Before oil prices started plunging last month, most banks and research firms had forecast US shale production would grow this year and next before plateauing later in the decade. Diamondback Energy trimmed its own full-year production forecast Monday, and said that it expects onshore oil rigs across the entire US industry to drop […]
Energy News Beat Marathon Petroleum Corporation (MPC) released its Q1 2025 earnings results on May 6, 2025, reporting a net loss attributable to MPC of $74 million, or $0.24 per diluted share, compared to a net income of $937 million, or $2.58 per diluted share, in Q1 2024. Below is a detailed analysis of the […]
Energy News Beat ENB Pub Note: Yesterday, we examined Cap Ex budgets, and today, we are investigating production, demand estimates, and storage. The current storage levels are low and are listed below. Here is a lot of data to chew on. Go ahead and skip to the summary if you want to know what price […]
Energy News Beat In this episode of Energy Newsbeat – Conversations in Energy, Stuart Turley sits down with Michael McDonnell, founder of MMD Global Advisory, to dive deep into Saudi Arabia’s Vision 2030, the NEOM project challenges, and the broader impact of global trade wars. They explore how Trump’s tariffs are reshaping global finance, Saudi […]
Energy News Beat Oil prices rallied aggressively on Tuesday morning, recovering from the OPEC+-induced drop that was sparked by the cartel’s decision to unwind production cuts at a faster rate than previously planned. Despite the recovery, uncertainty remains in markets and more volatility is likely. – Oil majors have been surprisingly inert in reacting to […]
Energy News Beat ENB Pub Note: The story below is from Tsvetana Paraskova on Oilprice.com, and she has some great points about the Saudi Budgets. I have been saying that the Saudis need the $80 to $85 oil, but the IMF states that the oil break-even for their social programs is $90. Saudi Arabia’s budget […]
Energy News Beat ENB Pub Note: This article from LNG Prime has some great information, and I added more specifications of the Commonwealth’s LNG export facility above. The Commonwealth LNG Export Terminal is a proposed liquefied natural gas (LNG) export facility under development by Commonwealth LNG, LLC, a Houston-based company specializing in LNG production. Located […]
Energy News Beat ENB Pub Note: I have added a better description of the GTA LNG Export hub above: The GTA LNG Export Hub refers to the Greater Tortue Ahmeyim (GTA) Liquefied Natural Gas (LNG) project, a major offshore gas development located on the maritime border of Mauritania and Senegal, approximately 120 km offshore. It […]
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.
