Energy News Beat ENB Pub Note: For March 2025, official Department of Energy data indicates that US LNG exports totaled 128.6 tanker loads, equivalent to 460.5 billion cubic feet (Bcf). Additionally, between May 15 and May 22, 2025, 27 LNG vessels departed from US terminals (Sabine Pass, Freeport, Corpus Christi, Cameron, Calcasieu Pass, Plaquemines, and […]
Energy News Beat According to a MOL statement on Friday, Dalian COSCO KHI Ship Engineering, which is jointly operated by Kawasaki Heavy Industries and China COSCO Shipping, will build the 309,000-dwt vessel. The LNG-powered VLCC is scheduled for delivery in 2027. MOL did not reveal the price tag of the contract. The LNG-powered VLCC will […]
Energy News Beat In a statement released on Wednesday, Vopak welcomed the recent Victorian Parliamentary approval of the energy and land legislation amendment (energy safety) bill. Vopak said this provides security for the crown maritime lease for its proposed Port Phillip Bay FSRU. “The legislative change enables Vopak to undertake its development in the gas […]
Energy News Beat “Spark30S (Atlantic) freight rates dropped for a third consecutive week, decreasing by $500 to $32,000 per day this week,” Spark’s data lead Qasim Afghan told LNG Prime on Friday. Meanwhile, Spark25S (Pacific) rates dropped by $1,500 to $20,750 per day, he said. In Europe, the SparkNWE DES LNG rose compared to last week. “The SparkNWE DES […]
Energy News Beat Several German media reports said that the 2006-built vessel, owned by Norway’s Knutsen, ran aground off the island of Rügen on Thursday morning local time whilst en route to the port of Sassnitz-Mukran. The tanker has been towed free and moored at the Sassnitz anchorage. According to the reports, no one was […]
Energy News Beat ENB Pub Note: I have added the domestic oil and gas production information for Malaysia and the update from AsiaOffshore on the Velesto Energy new contract is below. Below is a summary of Malaysia’s domestic oil and gas production for 2024 and 2025 based on available data: 2024 Domestic Oil and Gas […]
Energy News Beat PT Perusahaan Gas Negara (PGN), a unit of Indonesia’s Pertamina, said in a statement on Thursday that it had signed a heads of agreement with Inpex Masela, facilitating the sale of LNG from the Abadi field in the Masela Block. “PGN remains dedicated to aligning with government directives regarding the commercialization and […]
Energy News Beat Daily Standup Top Stories China dominates global trade of battery minerals – What will it take for the U.S. to get on it’s own production supply line? May 21, 2025 Stu Turley ENB Pub Note: The EIA released its report on selected battery trade volumes, which makes us wonder how the United States […]
Energy News Beat This is the first in a new series for 2025, in which we will discuss how AI impacts energy throughout the entire supply chain and on to consumers. In this episode of Energy Newsbeat – Conversations in Energy, Stuart Turley hosts experts Mark Stansberry and Jon Brewton to discuss the intersection of […]
Energy News Beat The funding was awarded in an almost one billion euro auction, the second for the European Hydrogen Bank. Deutsche ReGas said in a statement that 15 projects were awarded the funding. The LNG terminal operator said it is the first German company to succeed in the European Hydrogen Bank auction. Last year, […]
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.
