Energy News Beat Daily Standup Top Stories Saudi Arabia Spends Like Oil’s Still at $90 May 12, 2025 Clark Savage ENB Pub Note: Excellent article from Irina Slav at Oilprice.com. This article reinforces Doomberg’s comments about OPEC and its viability in the future as a cartel. Last week on the Energy News Beat podcast, he […] Republicans […]
Energy News Beat EnvironmentEuropeOperations Den Grønne Ungdomsbevægelse Den Grønne Ungdomsbevægelse Over 50 activists from the Green Youth Movement (Den Grønne Ungdomsbevægelse) have broken into the Copenhagen office of Maersk Tankers. The activists claim that the action is part of a larger series of actions over the next 10 days that will focus on the alleged […]
Energy News Beat EuropeOffshore Simon Møkster Simon Møkster Norwegian energy major Equinor has exercised the first extension option for three Simon Møkster Shipping’s emergency response and rescue vessels. The vessels in question are the 2003-built Stril Poseidon, the 2011-built Stril Merkur, and the 2008-built Stril Herkules. The vessels will continue their services on the Norwegian […]
Energy News Beat All of the majors reported lower earnings for the first quarter. Already, some energy companies active in the shale patch are cutting their drilling budgets for the year. Oilfield services providers are bracing for impact as several large E&P firms are cutting back on drilling programs. U.S. oilfield service majors had a […]
Energy News Beat The Ichthys project also sent five plant condensate cargoes, seven offshore condensate cargoes, and eight LPG cargoes during the first quarter of this year, Inpex said on Tuesday in its financial report. This compares to 34 LNG cargoes, six plant condensate cargoes, eight offshore condensate cargoes, and nine LPG cargoes during the first […]
Energy News Beat According to a tender document posted on the company’s website, the cargo, with a quantity of 2,850,000 – 3,150,000 MMBtu, will be delivered from June 5 to July 5. PV Gas said the specific quantity requirements “shall be written in the term sheet.” The company launched the tender on May 9, and […]
Energy News Beat ENB Pub Note: I added overall market context on the bio-LNG markets Bio-LNG (liquefied biomethane) is a renewable fuel derived from organic waste, such as agricultural residues, household waste, and industrial byproducts. Its production and export are gaining traction due to increasing demand for low-carbon fuels, particularly in transportation and maritime sectors. […]
Energy News Beat ENB Pub Note: I added the Sempra LNG natural gas sources. Understanding what fields they can use for exports is essential. Sempra operates multiple LNG facilities, including Cameron LNG in Louisiana, Port Arthur LNG in Texas, and Energía Costa Azul (ECA) LNG in Mexico. The natural gas supply for these plants primarily […]
Energy News Beat Russia is stepping up the development and renewal of its fleet with plans to add more than 1,600 domestically built ships by 2036. Russian prime minister Mikhail Mishustin said that more than RUB500bn ($6.2bn) in federal funding will be spent over the next six years to support shipbuilders, component manufacturers and shipowners. […]
Energy News Beat Equinor Norwegian energy giant Equinor is considering terminating its 810MW Empire Wind wind farm off Long Island due to the Trump administration putting a halt to the construction of the project. Interior secretary Doug Burgum directed the US Bureau of Ocean Energy Management to stop Equinor from continuing construction of the project, […]
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.
