Energy News Beat In a bold move signaling a strategic pivot toward the energy transition, Chevron Corporation (NYSE: CVX) has entered the U.S. lithium market with the acquisition of approximately 125,000 net acres across the lithium-rich Smackover Formation in Northeast Texas and Southwest Arkansas. Announced on June 17, 2025, this acquisition marks Chevron’s first step […]
Energy News Beat A prominent Texas oil family stands to gain significantly from a potential $8-billion deal with Mitsubishi Corporation, highlighting the enduring allure of the oil and gas sector. The transaction, reported by OilPrice.com, underscores not only the financial windfalls possible in the industry but also the unique tax advantages that continue to make […]
Energy News Beat The United Kingdom stands at a crossroads. For years, the nation has championed its Net Zero by 2050 target, a legally binding commitment to slash greenhouse gas emissions and transition to a clean energy future. But soaring energy bills, growing reliance on imported fossil fuels, and a series of legal battles waged […]
Energy News Beat This was a wild week in the energy space. The geopolitical tensions around the world are driving oil prices to $77, and if Iran’s oil export capacity is diminished, we may see some short-term spikes to $100. For our oil and gas investors who follow Energy News Beat, this is what Stu […]
Energy News Beat Data source: U.S. Energy Information Administration analysis based on Vortexa tanker tracking Note: 1Q25=first quarter of 2025. figure data The Strait of Hormuz, located between Oman and Iran, connects the Persian Gulf with the Gulf of Oman and the Arabian Sea. The strait is deep enough and wide enough to handle the world’s largest crude […]
Energy News Beat Here’s who dumped and who bought over the years through Q1. By Wolf Richter for WOLF STREET. Who holds that ballooning US national debt? Who is still buying these Treasury securities that the US government issues in such huge quantity? These are increasingly iffy questions. The Treasury Department’s monthly Treasury International Capital data and the […]
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.
