Energy News Beat Fugro All five developers that were awarded capacity in Taiwan’s latest offshore wind tender have submitted their contracts to the country’s Ministry of Economic Affairs. The five tender winners were originally announced in August 2024 with a total of 2.7GW in offshore wind capacity. They include Synera Renewable Energy’s 800MW Formosa 6, […]
Energy News Beat Some heavy-hitters were on stage for the final session of this year’s Geneva Dry summit, the iron ore panel moderated by Tim Huxley, the CEO of Mandarin Shipping, who kicked proceedings off by asking panellists if there had ever been a more difficult time to form a market view. “We’re always swimming […]
Energy News Beat AsiaDry CargoGreater ChinaShipyards Nantong Xiangyu Shipbuilding & Offshore Engineering Nantong Xiangyu Shipbuilding & Offshore Engineering Japan’s Doun Kisen has further boosted its bulk carrier orderbook in China with three newcastlemax newbuilds. Multiple broking outfits report the diversified shipowner has returned to Nantong Xiangyu Shipbuilding & Offshore Engineering for the 210,000 dwt trio […]
Energy News Beat EuropeOperations EWD EWD Germany has approved its first facility dedicated to the dismantling and recycling of large ships. This facility, operated by EWD Benli Recycling, is located in Emden on the site of the parent company Emder Werft und Dock (EWD). The company has secured the necessary governmental permits that classify it […]
Energy News Beat With approval from the Danish Emergency Management Agency, DanPilot and Danelec are now initiating a test program for remote pilotage – the first of its kind in the world. The test program created by DanPilot and Danelec allows pilots to guide ships from land, using only advanced data transmitted directly from the […]
Energy News Beat Preliminary bunkering data on MPA’s website shows LNG bunkering sales in the world’s largest bunkering port reached 41,996 mt last month. This compares to 35,552 mt in April 2024. Also, this is the highest monthly volume this year. MPA said last month that LNG bunkering volumes reached 39,025 mt in March, up 1 percent […]
Energy News Beat Who’s on the hook this time? Mostly not the banks, but taxpayers, except for HELOCs. By Wolf Richter for WOLF STREET. Mortgage balances rose by $195 billion (+1.5%) in Q1 from Q4, and by $358 billion (+2.9%) year-over-year, to $12.8 trillion, according to the Household Debt and Credit Report from the New York Fed, based […]
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.
