Energy News Beat We may slow down, but we still have growth available. At what cost is yet to be determined. Predicting the exact timing of peak oil production in the Permian Basin is complex and depends on various factors, including geological limits, technological advancements, economic conditions, and operational strategies. However, based on available data […]
Energy News Beat AmericasOffshore Noble A federal judge has blocked an oil and gas lease sale in Gulf waters off the coast of Louisiana after finding that authorities did not take into account the impact of new offshore drilling on the highly endangered Rice’s whale. The ruling from a judge in the U.S. District Court […]
Energy News Beat Northern Lights Oslo-listed Subsea7 has won a contract from Equinor worth between $50m and $150m for the second phase of the Northern Lights CO2 transport and storage project offshore Norway. Subsea7’s scope includes engineering, procurement, construction and installation of a five-kilometre CO2 pipeline, as well as installation of integrated satellite structures, umbilicals, […]
Energy News Beat RWE Norges Bank Investment Management (NBIM), the manager of the world’s largest sovereign wealth fund – often referred to as the Oil Fund – worth over $1.75trn, has bought a 49% stake in two offshore wind projects from German utility RWE. The fund bought stakes in the Nordseecluster and Thor offshore wind […]
Energy News Beat Daily Standup Top Stories Why the Rubio Ceasefire Plan is DOA Part 8: The BLUF and the Overview of the Next Tranche of Papers March 30, 2025 George McMillian ENB Pub Note: George McMillan, an ENB news contributor on energy and geopolitical topics, wrote this article. You can find my interviews with George […]
Energy News Beat ENB Pub Note: This is an interesting view on the African continent’s activity between China and Russia. The United States would best be served by looking at energy as an export service and working to export things like clean coal technology or electrical grid management and creating energy, jobs, and trading partners. […]
Energy News Beat Rosstat’s data shows that the country’s LNG terminals produced about 5.7 million mt in January- February, down 4.4 percent compared to the same period in 2024. In February, LNG production reached 2.7 million mt, a decrease of 11 percent compared to the January figure and of 5.9 percent year-on-year. In 2024, Russian […]
Energy News Beat In August 2024, the US Court of Appeals for the D.C. Circuit issued an order vacating FERC’s remand authorization of NextDecade’s Rio Grande LNG facility and the pipeline, saying that FERC should have issued a supplemental EIS during its remand process. The US Court of Appeals for the D.C. Circuit recently revised its August […]
Energy News Beat Canada’s Woodfibre LNG, a joint venture of Pacific Energy and Enbridge, has almost completed the marine offloading facility at the site of its LNG export facility near Squamish, British Columbia, paving the way for the arrival of preassembled modules from China starting this summer. Woodfibre LNG revealed this in a construction update. […]
Energy News Beat EuropeOffshore Italian coast guard Fugro’s survey vessel, Fugro Mercator, has been towed to a shipyard for inspection following a grounding incident on March 22. After the incident occurred, the 11-strong crew were evacuated and taken ashore. Fugro said at the time that a salvage operation was being prepared together with international experts […]
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.
