Energy News Beat As the Chinese New Year has concluded, some deals have emerged in the cape segment. Chinese owners are once again purchasing, despite a prolonged period of depression in the market, while famous Israeli shipowners reportedly have sold three ships in the 20-year-old age bracket. The Moshe Mano-founded company Mano Maritime, a subsidiary […]
Energy News Beat Crude has six times more water than industry standard Pemex was hit with complaints and demands for discounts US oil refiners along the Gulf Coast are snubbing shipments from Mexico and instead turning to Colombia and Canada amid complaints that Petroleos Mexicanos is increasingly delivering crude that’s unfit to make gasoline and diesel. Refiners […]
Energy News Beat 22 states are suing New York over its Climate Superfund law, calling it unconstitutional and a threat to energy producers, jobs, and the power grid. On February 6, 2025, a coalition of twenty-two states issued a lawsuit against the state of New York due to its “Climate Superfund” law, which would […]
Energy News Beat Europe’s soaring gas prices are making it more cost-effective to burn oil for industrial use, potentially boosting the region’s demand for barrels. Natural gas surpassed the equivalent of $100 a barrel on Monday, a two-year high. The price jump raises the prospect of more switching from gas to petroleum products such as […]
Energy News Beat “Drill Baby Drill is a Double-Edged Sword There is a lot of moving parts behind “Drill Baby Drill.” While President Trump’s ambitious goal of cutting consumer energy prices is fantastic, he does not have total control of the global oil markets. How much can his policies impact prices, and what does the […]
Energy News Beat Introduction: Natural Gas and Shifting the Global Political Center of Gravity This is the second article in this series and explains why it is in Putin’s best interest to adopt a “do nothing” strategy and delay any meetings with the Trump administration as long as possible and let the energy prices in […]
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Energy News Beat Natural gas prices in the EU have climbed to their highest level in two years, driven by a combination of cold weather, declining gas reserves, and concerns over potential US tariffs on imports for the EU. Benchmark futures rose by over 4% on Monday reaching $620 per 1,000 cubic meters or […]
Energy News Beat A group has proposed to pay Donald Trump $1 trillion and an unlimited supply of pastries in exchange for the state A crowdfunding group in Denmark has proposed that their country acquire the US state of California for $1 trillion and a lifetime supply of Danish pastries. The satirical idea of purchasing […]
Energy News Beat BP shares jumped on Monday following weekend reports that activist investor Elliott Management has built a stake in the struggling oil major and could pressure the energy company to shift gears on its core oil and gas businesses. BP stock was up 6.89% at 12:56 p.m. London time. Elliott Management and BP have declined to […]
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.
