Energy News Beat The Trans Mountain Pipeline Expansion (TMX), operational since May 2024, has reshaped Canada’s oil market and export landscape by increasing the pipeline’s capacity from 300,000 barrels per day (bpd) to 890,000 bpd, facilitating greater access to global markets from Alberta’s oil sands to the Pacific Coast. What is very sad is the […]
Energy News Beat China’s Cosco Shipping Energy Transportation and PetroChina will soon take delivery of a new liquefied natural gas (LNG) carrier. According to a statement by Chinese shipbuilder Hudong-Zhonghua, the 174,000-cbm LNG carrier Daqing (H1908A) completed its “two-in-one” trial on May 13. CSSC’s Hudong-Zhonghua did not say when it expects to deliver this LNG […]
Energy News Beat The potential revival of the Iran nuclear deal, formally known as the Joint Comprehensive Plan of Action (JCPOA), and the lifting of sanctions on Iran’s oil and gas exports would likely significantly impact global oil prices, primarily by increasing supply in an already volatile market. One has to look around for alternative […]
Energy News Beat U.S. oil and gas drillers are slowing down drilling activities, as evidenced by a consistent decline in active rig counts across major basins in 2024 and 2025. This slowdown is driven by several factors: Lower Oil and Gas Prices: West Texas Intermediate (WTI) crude prices have hovered around $62 per barrel in […]
Energy News Beat ENB Pub Note: A great article from LNG Prime. I added the additional information of the Singapore energy mix and who they buy their LNG from. As LNG bunkering is a service for storage for LNG as a fuel, they also have a unique energy mix, and this looks to be a […]
Energy News Beat Weekly Daily Standup Top Stories U.S. Largest Grid Operator is warning of Summer Power Shortages May 11, 2025 Clark Savage Key Points Research suggests potential summer power shortages in the U.S. grid, especially in PJM’s region, due to high demand and retiring plants. It seems likely that extreme heat could strain the grid, […]
Energy News Beat US government kisses its last triple-A credit rating goodbye. Downgrade to “junk” would have been more appropriate? By Wolf Richter for WOLF STREET. The US government lost its last remaining triple-A credit rating late Friday, as Moody’s finally, after more than a decade of dithering, downgraded the government to Aa1, one notch below the top […]
Energy News Beat Something rare occurred: Auto loan balances fell despite highest new & used vehicle sales in years. More people paid cash to dodge interest rates? By Wolf Richter for WOLF STREET. Total balances of auto loans and leases for new and used vehicles fell by $13 billion, or by 0.8%, in Q1 from Q4, the first quarter-to-quarter […]
Energy News Beat ENB Pub Note: This article from Nathan’s Newsletter is a fantastic update, and just another example of President Trump’s energy plans turning into financial wealth for Oklahoma, Americans, and the UAE. This trip through the Middle East has been unprecedented in respect, new business opportunities, and a realignment of the global trading, […]
Energy News Beat ENB Pub Note: This is an excellent article from Andrew Korybko’s Newsletter on Substack. I have several podcasts coming up talking about the energy implications of the trading blocs and the impact of the Trump visit in the Middle East. They are all tied together, and Andrew’s analysis on the Bagram Airbase […]
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.
