Energy News Beat ENB Pub Note: Sanctions don’t work as intended is a great line that Irina Slav has said. There are an estimated 1400 dark fleet tankers, and 230 being sanctioned is inconvenient for Russia, but won’t stop the oil trade. It will be the secondary sanctions that the U.S. would put in place […]
Energy News Beat CIP Danish fund manager Copenhagen Infrastructure Partners (CIP) has agreed to divest a 10% stake in the 495MW Fengmiao I offshore wind farm in Taiwan to Japanese shipowner Mitsui OSK Lines (MOL). Through this acquisition, MOL enters Fengmiao I as co-owner alongside CIP’s fifth flagship fund, CI V. Fengmiao I is CIP’s […]
Energy News Beat AmericasOffshore Brazilian state-owned giant Petrobras has revealed it will decommission almost 70 offshore platforms and FPSOs, three of which it has already decided to repurpose. Petrobras said that it is planning on decommissioning 68 platforms, two this year and a total of ten by 2029. The remaining 58 will be removed after […]
Energy News Beat AmericasOperations The backers of a new open registry have dusted off plans first aired three years ago, and presented the concept of a US Virgin Islands (USVI) flag to Donald Trump, amid the current government’s determination to bolster American maritime. The flag idea has been submitted to the White House by the […]
Energy News Beat Filipino seafarers represent the largest global crew contingent but are we doing enough to support them for tomorrow’s shipping industry, asks Mailyn Borillo, managing director, OSM Thome Philippines. Filipino seafarers remain an essential pillar of global maritime operations. Representing more than a quarter of the world’s maritime workforce, they are known for […]
Energy News Beat X.com The master of the Newnew Polar Bear, a Hong Kong-flagged boxship, has been taken into custody in Hong Kong for damaging a gas pipeline in the Baltic Sea 19 months ago. Wan Wenguo, 43, appeared at a court in Hong Kong yesterday to face a charge of criminal damage and two […]
Energy News Beat AsiaContainers Swire Shipping Swire Shipping The Donkey Sanctuary, a British charity, has hailed Swire Shipping as the first global shipping line to commit publicly to a no donkey skins carriage policy. At least 5.9m donkeys are slaughtered for their skins every year. The collagen from their skin produces ejiao, a traditional Chinese […]
Energy News Beat Whitehouse.org The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has designated the teapot refinery Hebei Xinhai Chemical Group and three port terminal operators in Shandong Province for their role in purchasing or facilitating the delivery of hundreds of millions of dollars’ worth of Iranian oil. OFAC has also imposed […]
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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.
