Energy News Beat And in April, their purchases of long-term securities at Treasury auctions increased. By Wolf Richter for WOLF STREET. Buying US Treasury securities was all the rage among foreign investors in March, despite whatever turmoil there was in the media. All foreign investors combined, from central banks to private investors, increased their holdings of Treasury securities […]
Energy News Beat During President Donald Trump’s Gulf tour from May 13-16, 2025, the United States secured significant energy and technology agreements with Saudi Arabia, Qatar, and the United Arab Emirates (UAE), with a combined value exceeding $2 trillion, as announced by the White House. The visit, which included stops in Riyadh, Doha, and Abu […]
Energy News Beat The Trans Mountain Pipeline Expansion (TMX), operational since May 2024, has reshaped Canada’s oil market and export landscape by increasing the pipeline’s capacity from 300,000 barrels per day (bpd) to 890,000 bpd, facilitating greater access to global markets from Alberta’s oil sands to the Pacific Coast. What is very sad is the […]
Energy News Beat China’s Cosco Shipping Energy Transportation and PetroChina will soon take delivery of a new liquefied natural gas (LNG) carrier. According to a statement by Chinese shipbuilder Hudong-Zhonghua, the 174,000-cbm LNG carrier Daqing (H1908A) completed its “two-in-one” trial on May 13. CSSC’s Hudong-Zhonghua did not say when it expects to deliver this LNG […]
Energy News Beat The potential revival of the Iran nuclear deal, formally known as the Joint Comprehensive Plan of Action (JCPOA), and the lifting of sanctions on Iran’s oil and gas exports would likely significantly impact global oil prices, primarily by increasing supply in an already volatile market. One has to look around for alternative […]
Energy News Beat U.S. oil and gas drillers are slowing down drilling activities, as evidenced by a consistent decline in active rig counts across major basins in 2024 and 2025. This slowdown is driven by several factors: Lower Oil and Gas Prices: West Texas Intermediate (WTI) crude prices have hovered around $62 per barrel in […]
Energy News Beat ENB Pub Note: A great article from LNG Prime. I added the additional information of the Singapore energy mix and who they buy their LNG from. As LNG bunkering is a service for storage for LNG as a fuel, they also have a unique energy mix, and this looks to be a […]
Energy News Beat Weekly Daily Standup Top Stories U.S. Largest Grid Operator is warning of Summer Power Shortages May 11, 2025 Clark Savage Key Points Research suggests potential summer power shortages in the U.S. grid, especially in PJM’s region, due to high demand and retiring plants. It seems likely that extreme heat could strain the grid, […]
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.
