Energy News Beat Outside of two heroes that pushed down the overall indices, there isn’t anything benign about this PCE inflation data. By Wolf Richter for WOLF STREET. The PCE price index, released today by the Bureau of Economic Analysis, was benign. The overall PCE price index and the core PCE price index barely ticked up on a […]
Energy News Beat May 30 (Reuters) – EOG Resources (EOG.N) said on Friday it would acquire U.S. oil and gas firm Encino Acquisition Partners for $5.6 billion, including debt, to bolster its Utica shale position. The Utica and Marcellus region is one of the world’s most prolific and vital natural gas production areas, with output […]
Energy News Beat “Spark30S (Atlantic) freight rates dropped for a fourth consecutive week, decreasing by $2,500 to $29,500 per day this week,” Spark’s data lead Qasim Afghan told LNG Prime on Friday. Meanwhile, Spark25S (Pacific) rates stayed steady at $20,750 per day, he said. In Europe, the SparkNWE DES LNG dropped compared to last week. “The SparkNWE DES […]
Energy News Beat ENB Pub Note: This article from RedState is an excellent introduction to my podcast with Mike Umbro and Ronald Stien on this issue. California is now considered a National security risk in the United States due to Gavin Newsom’s energy policies. The new podcast is scheduled for Sunday morning. Investing in United […]
Energy News Beat As we work on our day jobs of evaluating oil and gas wells and leases to determine whether they are a good investment or should be passed, I wanted to share some basic information as a backdrop to Texas oil and gas. I do not provide investment advice, but I am more […]
Energy News Beat ENB Pub Note: The fastest way to reduce gasoline and diesel consumption would be to roll out a positive campaign for hybrid cars and trucks. The use of less battery material, combined with tax incentives, and significantly increasing the miles per gallon would be a massive win for U.S. automakers and consumers. […]
Energy News Beat DOE noted in a statement on Thursday that the final authorization for LNG exports to non-free trade agreement (non-FTA) countries from Port Arthur LNG Phase II follows the recent response to comments on the 2024 LNG export study. “This is the first final LNG export approval under President Trump’s leadership and marks […]
Energy News Beat ENB Pub Note: This article was originally posted on LinkedIn by Jon Brewton, Founder and CEO of the AI company Data Squared. https://data2.ai/ I had the privilege of interviewing Jon in the first of our AI in Energy Series, and you can see that here: AI’s Impact on Energy: Optimizing Data and […]
Energy News Beat In a bold pivot reflecting the shifting tides of U.S. energy policy, General Motors (GM) has announced a major change at its Tonawanda Propulsion plant in New York. Previously slated to produce electric vehicle (EV) drive units, the facility will now focus on manufacturing a new generation of V-8 internal combustion engines […]
Energy News Beat According to a filing with the US FERC dated May 29, 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 feed gas to the warm end of the midscale […]
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.
