Energy News Beat Make no mistake, Doomberg is a national treasure. I have thoroughly enjoyed my podcasts with him, and his Substack is worth every penny. The last time Doomberg was on the podcast, we had Chris Wright, our new Secretary of Energy, on the panel. This podcast is also going out on David Blackmon’s […]
Energy News Beat QT Continues at the slower pace announced in March. By Wolf Richter for WOLF STREET. The FOMC voted unanimously today to keep the Fed’s policy rates unchanged for the third meeting in a row, after cutting its policy rates by 100 basis points in 2024. Rate cuts remained in the fog of the future, as […]
Energy News Beat Duke Energy Corporation (NYSE: DUK) released its Q1 2025 earnings on May 6, 2025, reporting strong financial performance that surpassed analyst expectations. Below is a detailed analysis of the key metrics, segment performance, and strategic insights from the earnings report, based on available data. Key Financial Highlights Adjusted Earnings Per Share (EPS): […]
Energy News Beat About 2 million tonnes of LNG or 31 cargoes left the three Gladstone terminals on Curtis Island last month, GPC’s data shows. This compares to about 1.98 million tonnes of LNG or 30 cargoes in April 2024. April LNG exports decreased compared to 2.17 million tonnes of LNG or 34 cargoes in March this year. Curtis […]
Energy News Beat In an update on Tuesday, NextDecade said that once the financing arrangements are finalized, it expects to make a positive FID (final investment decision) on Train 4. The company expects to finance the construction of the train utilizing a combination of debt and equity funding. In connection with consummating the Rio Grande […]
Energy News Beat Earlier this week, I published an article titled “What does the OPEC+ increase of 411,000 mean to the United States?” I was asked about Saudi Arabia’s increase in the Asia market and how it would impact the United States. Those two points are broken out into sections below. They seem to be trying […]
Energy News Beat ENB Pub Note: President Trump knows who blew up the Nord Stream pipelines. This is a terrific article from ZeoHedge’s Tyler Durden. We all speculated, and we are thrilled to see the White House have reporters like Tyler in the Oval Office who can ask fundamental questions to a real president: great […]
Energy News Beat Norwegian owner and sale and leaseback player Ocean Yield has increased its stake in France’s Geogas LNG. In July 2024, Ocean Yield took over interests from infrastructure fund CVC DIF, which held a 31% stake in Geogas LNG. This provided the company with an indirect economic interest of 34% in France LNG […]
Energy News Beat According to a filing with the US FERC dated May 6, Cheniere’s unit Corpus Christi Liquefaction (CCL) sent compliance statements and associated documentation to the regulator. “The compliance statements and associated documentation are in support of a forthcoming request by CCL to introduce fuel gas to midscale Train 2,” it said. A […]
Energy News Beat During the company’s earnings call on Tuesday, Energy Transfer’s co-CEO, Tom Long, said that Energ Transfer is making “substantial” progress towards commercialization of the project. He noted that Lake Charles LNG and MidOcean Energy, the LNG unit of US-based energy investor EIG, recently signed a heads of agreement, which provides a non-binding framework […]
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.
