Energy News Beat The CP2 LNG plant will be located next to Venture Global’s existing Calcasieu Pass liquefaction plant in Louisiana, which started commercial operations in April. CP2 is expected to have peak production capacity of up to 28 mtpa. Venture Global estimates that the total project costs for the CP2 project, including both phases, […]
Energy News Beat ENB Pub Note: The last portion of this article is from the EIA weekly shipping reports. I added the summary of the key companies and destinations for an overall view of the LNG export market in the US. The US had 27 shipments this week. Overview of U.S. LNG Exports in 2024–2025 […]
Energy News Beat “Spark30S (Atlantic) freight rates dropped $6,500 to $32,500 per day this week, the largest week-on-week drop since January,” Spark’s data lead Qasim Afghan told LNG Prime on Friday. Meanwhile, Spark25S (Pacific) rates continue to remain relatively flat at $22,250 per day, he said. In Europe, the SparkNWE DES LNG dropped compared to last week. “The […]
Energy News Beat ENB Pub Note: The article from LNG Prime did not have the specifics of the FLNG system in Africa, so it has been added at the top. This story is important as it is the first shipment filling some of the new storage expantion for LNG in China “Greater Tortue Ahmeyim FLNG” […]
Energy News Beat Operations Sailors’ Society Sailors’ Society Ahead of Sunday’s International Women in Maritime Day, a new, giant survey jointly conducted by the International Maritime Organization (IMO) and the Women’s International Shipping & Trading Association (WISTA) shows how shipping remains a male-dominated industry, with women making up just 19% of the total workforce sampled. […]
Energy News Beat EuropeOffshore Vard Vard Offshore support vessel owner Tidewater has bagged a charter deal for its platform supply vessel Troms Lyra in Norway. Offshore shipbrokers stated the 2013 Vard-built PSV won a fixture for around 100 days with Spirit Energy. It will provide supply duties for the plug and abandonment jackup rig Well-Safe Protector. […]
Energy News Beat Megamas Singapore-based offshore service provider Megamas Resources has signed a letter of intent with German yard Lloyd Werft Bremerhaven to begin advanced discussions for the potential construction of a new multi-purpose cable laying vessel with an option for a second unit. Megamas said that the project, being done in partnership with Crewstone […]
Energy News Beat Middle EastPorts and Logistics DP World DP World The Syrian government and DP World have signed a memorandum of understanding worth $800m to develop Syria’s port of Tartous. The deal to develop, manage and operate a multi-purpose terminal at Tartous includes cooperation in establishing industrial and free trade zones. Syria is seeking […]
Energy News Beat Port of Long Beach Jamieson Greer, the US Trade Representative, has been in South Korea this week where shipbuilding talks have taken place as well as pitches made to become an alternate supply of port cranes. As well as meeting with government officials, Greer sat down with HD Hyundai vice chairman Chung […]
Energy News Beat ContainersMiddle East Folk Maritime Folk Maritime Saudi Arabian liner newcomer Folk Maritime is pressing ahead with fleet expansion by adding three more vessels. The Riyadh-based feeder owner and operator, led by former Hamburg Süd boss Poul Hestbaek, has acquired the 702 teu Folk Yanbu, 1,118 teu Folk Jubail and the 1,868 teu […]
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.
