Energy News Beat TotalEnergies has a 37.55 percent operating stake in the Papua LNG project, ExxonMobil has 37.04 percent, Santos owns a 22.83 percent interest, and JX Nippon holds 2.58 percent. In April last year, the partners delayed the project’s FID to 2025, saying that they needed to keep working with contractors to obtain “commercially […]
Energy News Beat The US president intends to keep fewer than 300 employees out of more than 10,000 at the agency, sources have told Reuters The largest US government workers’ union and an association of foreign service workers have sued the administration of US President Donlad Trump in an attempt to prevent the dismantling […]
Energy News Beat Manufacturing was the main driver of the country’s economic growth, according to the prime minister Russia’s GDP reached a record high last year, according to Prime Minister Mikhail Mishustin. The prime minister made the remarks on Friday during a meeting with Russian President Vladimir Putin on macroeconomic policies for sustainable growth. […]
Energy News Beat ENB Pub Note: General Kellogg is an excellent negotiator and is a good man for this job. That being said, he is in the middle of a real mess. The Biden administration did not do any favors and really botched this up. I have talked for a long time about Russian Natural […]
Energy News Beat The two leaders’ bonhomie will continue if the Indian prime minister makes accommodations on trade and illegal immigration. On the campaign trail last year, U.S. President Donald Trump referred to India as a “big abuser” of trade ties, despite the bonhomie that he seemed to enjoy with Indian Prime Minister Narendra Modi […]
Energy News Beat Spark’s commercial analyst Qasim Afghan told LNG Prime on Friday that the Spark30S (Atlantic) assessment maintained relatively steady at $3,750 per day, and the Spark25S (Pacific) assessment dropped $1,750 per day to reach a new record low of $9,750 per day. “Spark’s calculated freight rates for 160 vessels in the Atlantic basin remain negative […]
Energy News Beat Mads Frank Markussen, head of freight research and FFA at grain brokerage Copenhagen Merchants, returns to the increasingly discussed issue of artificial intelligence and the future of chartering. Consolidation and financialization are reshaping global markets, particularly in the freight and commodity sectors. As a handful of larger players gain disproportionate control over […]
Energy News Beat EuropeTankers Odfjell Norwegian chemical tanker owner and operator Odfjell has penned contracts to add three more vessels to its orderbook. The Oslo-listed company revealed in its fourth-quarter earnings results it had signed up for one 25,000 dwt stainless steel newbuilding for delivery in 2026 and a pair of 49,000 dwt coated chemical […]
Energy News Beat OperationsRegulatory Hapag-Lloyd Following exhaustive research showing how jobs onboard are still too 24/7, the United Nations’ International Labour Organization (ILO) will look to tighten up the language surrounding work/rest regulations at sea at a Special Tripartite Committee of the Maritime Labour Convention (MLC), scheduled to be held in Geneva in April. The […]
Energy News Beat Moscow is seeking only a lasting solution to resolve the crisis for good, Russian Foreign Ministry spokeswoman Maria Zakharova has said Russia will not accept a “temporary ceasefire” as a solution for the Ukraine conflict, since it will only be used by the collective West to reinforce the “Kiev regime” and its […]
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.
