Energy News Beat The European Union has unveiled its Clean Industrial Deal that will prioritise the domestic production of renewable fuels for aviation and shipping, among a host of measures worth more than EUR100bn designed to green many industry sectors. “The EU needs to secure access to such materials and reduce dependence on unreliable suppliers. […]
Energy News Beat EuropeOffshore Golden Energy Offshore Norway’s Golden Energy Offshore Services (GEOS) has won a batch of deals for three of its vessels with unnamed international majors. GEOS said in an Oslo Bors filing that it secured a firm deal for the 2019-built multipurpose support vessel (MPSV) Energy Dutchess until September 1, 2025, with […]
Energy News Beat AsiaGas BW LPG VLGC owner and operator BW LPG is adding another modern gas carrier to its owned fleet. The dual-listed unit of Singapore’s BW Group has exercised a purchase option on the 2020-built BW Yushi for around $70m. The vessel, estimated by Veson Nautical’s pricing platform VesselsValue at $96.5m, will be […]
Energy News Beat The second enlarged edition of Geneva Dry is just 60 days away with close to 200 companies signing up to attend the world’s premier commodities shipping summit. The global dry bulk event is on track to surpass last year’s 600 delegates figure and can report 53 brands have signed on as sponsors […]
Energy News Beat EPS Singapore-based Eastern Pacific Shipping (EPS) and SPDB Financial Leasing, the leasing arm of Shanghai Pudong Development Bank, have signed a financing agreement for two newbuild LNG dual-fuel neopanamax containerships. The agreement strengthens the longstanding collaboration between the two companies. Looking ahead, the two firms will look to develop more green, energy-efficient, […]
Energy News Beat Daily Standup Top Stories Trafigura: Iran Sanctions Are Biggest Bullish Catalyst On Oil Prices February 26, 2025 Clark Savage Trafigura Head of Trading: U.S. foreign policy vis-a-vis Iran is the main upside risk for oil. Last year, Trump pledged in his Republican National Convention speech to dramatically lower Iranian oil exports. On Tuesday, […]
Energy News Beat Joy Basu, CEO of Smart Ship Hub, on why shipping needs to think predictive and not scheduled when it comes to looking after vessels. The transition to predictive maintenance is not just an upgrade it is the future of shipping as companies in their droves adopt technical innovations to ensure the best […]
Energy News Beat Hapag-Lloyd The Smart Container Alliance has been launched to drive the adoption of smart container technology. This initiative aims to unite industry stakeholders in a collective effort to enhance cargo traceability, fortify maritime trade, and support global enforcement agencies in the fight against criminal networks. The Smart Container Alliance aims to advance […]
Energy News Beat Amid surging demand from data centers (AI, cloud, crypto) and increasing share of EVs. By Wolf Richter for WOLF STREET. The quantity of electricity generated in the US by all sources, from natural gas to rooftop solar, rose by 3.1% in 2024 from 2023 to a record of 4,304,039 gigawatt-hours (GWh), according to data from […]
Energy News Beat New Dayang Shipbuilding Singapore’s Adhart Shipping has been named as the owner behind a debut product tanker order for Chinese bulker builder New Dayang. The subsidiary of state-run machinery manufacturer Sumec Group announced its entry into tanker shipbuilding in January through a deal for four MR units with an undisclosed owner. Newbuilding […]
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.
