Energy News Beat EuropeOffshore Dolphin Drilling Semisub rig owner Dolphin Drilling has appointed Jon Oliver Bryce permanent chief executive officer. Bryce stepped up from chief strategy officer to take over from Bjørnar Iversen on an interim basis in January. Before joining Dolphin Drilling, he held senior and leadership roles at Awilco Drilling and Odfjell Drilling. […]
Energy News Beat EuropeOffshore Aurora Offshore UK-based shipping asset manager Borealis Maritime has sold four of its platform supply vessels. The Christoph Toepfer-led company is shipping out the 2013-built 3,500 dwt Aurora Pearl, Aurora Diamond, Aurora Emerald and Aurora Sapphire for an undisclosed sum. The Aurora Pearl was picked up by Grupo TMM in Mexico, […]
Energy News Beat EuropeOffshore Level Offshore Norway’s Knutsen Group has become the sole owner of offshore recruitment agency Level Offshore by buying out its partner DeepOcean for an undisclosed sum. Level Offshore was founded in 2018 as a 50/50 joint venture between DeepOcean and Knutsen to source temporary and permanent personnel for DeepOcean and has […]
Energy News Beat ENB Pub Note: George McMillan, an ENB news contributor on energy and geopolitical topics, wrote this article. You can find my interviews with George on his landing page here: https://energynewsbeat.co/george-mcmillian/. He has an interesting view on the next steps President Trump needs to take in ending the Russian/Ukraine war. George and I will […]
Energy News Beat Data source: U.S. Energy Information Administration, Petroleum Supply Monthly Note: Refinery yield represents the percentage of finished product produced (output) from gross inputs. EIA calculates refinery yield as the net production of a finished petroleum product (output) divided by the sum of the input of crude oil, hydrogen, and other hydrocarbons and the net input […]
Energy News Beat BP, Shell, Exxon, and Chevron are boosting fossil fuel investments after disappointing returns on green energy ventures. BP is increasing oil and gas spending by 25% and Shell is prioritizing LNG growth. U.S. supermajors stayed the course and are now outperforming. Ever since BP admitted that its attempt to go green had […]
Energy News Beat Wolf Richter with Adam Taggart on Thoughtful Money. Recorded on March 20. Here is one of my articles, published on March 14, that discusses in detail what I talked about in the interview… “We’re focused on the real economy,” Bessent said. “Ouch,” stocks said. Where did the Trump put go? Read: Will […]
Energy News Beat President Trump is using the threat of tariffs to pressure countries to increase their imports of U.S. LNG. Several countries, particularly in Asia, are responding by pursuing new LNG deals with the U.S. to avoid trade penalties. While some nations are complying, others, like the EU, are exploring diversifying their LNG sources […]
Energy News Beat In Europe, firms face lawsuits for not being green enough, while in the U.S., banks and asset managers are sued for pushing climate goals too hard. The biggest bank in the Netherlands is being sued for not taking strong enough action to tackle climate change, it was told on Friday, as corporate […]
Energy News Beat The judge ruled the 2023 Gulf lease sale violated environmental law by ignoring climate, CO2 emissions, and whale impacts. A federal district judge has issued a ruling against a Gulf [oil and gas] lease sale conducted by the Biden administration in 2023, saying the Interior Department was in violation of the […]
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.
