Energy News Beat The two-tower property sold at a 75% discount. ING’s loss was much smaller. Investors took a bigger loss. By Wolf Richter for WOLF STREET. Banks have been trying to get rid of bad commercial real estate loans to make room on their balance sheets for new loans that they can show income from. To avoid […]
Energy News Beat German shipowner Carsten Rehder Schiffsmakler und Reederei is further strengthening its ties with India’s Garden Reach Shipbuilders and Engineers (GRSE), signing a new memorandum of intent for four additional multipurpose (MPP) dry cargo vessels. The agreement, signed during the Nor-Shipping event in Oslo, brings the total number of 7,500 dwt MPP ships […]
Energy News Beat I did not have this on my bingo card for stories, but here we are. The following is a LinkedIn post from Doug Sheridan, and I highly recommend following him on LinkedIn. AI is going to be critical in many ways, and we are seeing the grid go to decentralized and microgrids. […]
Energy News Beat Energy Security starts at home, and investors need to consider investments with returns and assess how their products may have supply chain constraint potential issues. In the current geopolitical landscape, new trading blocs are forming. This is due to the energy policies and the subsequent geopolitical fallout around the globe. China’s tightened […]
Energy News Beat Despite the ongoing trend toward larger vessels across all ship types, the 174,000-cbm LNG carrier remains the standard design in the global LNG shipbuilding market, with dozens of orders placed annually, KR noted in a statement. To further enhance the technical competitiveness of this vessel size, KR and SHI plan to introduce […]
Energy News Beat French LNG containment giant GTT has received approvals from classification society BV for its new cargo containment systems developed for ethane transport. BV granted AiPs for GTT’s Mark III Slim and NO96 Slim containment systems. Building on its Mark III and NO96 membrane technologies, GTT has developed these variants specifically to accommodate […]
Energy News Beat Galileo said in a statement that three Cryobox units will be utilized for the recovery and reliquefaction of boil-off gas (BOG) at the facility. According to the firm, the facility is owned by a “major utility.” Galileo did not disclose the name of the utility or the contract price. Also, Galileo will […]
Energy News Beat Below is an analysis of Chart Industries, Inc. (NYSE: GTLS) based on its most recent earnings report and insights into the announced merger with Flowserve Corporation (NYSE: FLS). The analysis draws from available web sources and posts on X, ensuring a critical examination of the information. Analysis of Chart Industries’ Last Earnings […]
Energy News Beat U.S. Gulf Coast refiners are facing a tightening supply of heavy crude oil as Chevron’s operational role in Venezuela diminishes, a development driven by U.S. sanctions and geopolitical shifts. With Venezuelan crude exports to the U.S. declining, refiners are scrambling to secure alternative sources to meet their blending needs. This article explores […]
Energy News Beat Uncategorized Royal Bodewes Royal Bodewes German shipping and logistics group CLI has contracted a multipurpose (MPP) newbuilding at Dutch yard Royal Bodewes. The deal with an undisclosed value covers an 8,500 dwt unit that has been designed to feature advanced environmental and fuel efficiency technologies, including a methanol-ready main engine and an […]
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.
