Energy News Beat The future of coal was one of the dominant topics crystal balled at this year’s Geneva Dry conference, with some panellists believing that last year saw the peak in seaborne trades. The panel, led by Benjamin Wilkes, chief operating officer of d’Amico’s dry cargo division, opened with coal’s largest importer, China, and […]
Energy News Beat Port of Barcelona Japan’s Nippon Yusen Kaisha (NYK) has been awarded a 27-year concession from the Port of Barcelona for a finished-vehicle logistics terminal. The new facility, scheduled to commence operations in 2027, will incorporate a fully automated multilevel parking system, utilise renewable energy, and have an annual throughput of around 180,000 […]
Energy News Beat Maersk / Singapore MPA The world’s first commercial-scale e-methanol plant began operations in Denmark yesterday, with Maersk set to buy part of the production. The Kassø e-methanol facility in Aabenraa, Denmark, developed by European Energy and operated in collaboration with Mitsui & Co, has an annual production capacity of 42,000 tonnes and operates entirely on renewable […]
Energy News Beat Abu Dhabi’s AD Ports Group is expanding its business in Central Asia, signing with KazMunayGas (KMG), the national oil company of Kazakhstan, to build four shallow-draft containerships designed for use on the Caspian Sea, each with a capacity of 780 teu, and contemplating investing with KMG in up to four aframax tankers. […]
Energy News Beat Acknowledging the challenges in sourcing the right numbers of staff at sea, French liner giant CMA CGM has launched CMASHIPS.com, the company’s first global seafarer recruitment website. The site is an open gateway for seafarers from around the world to apply for positions aboard CMA CGM vessels. It brings together all the […]
Energy News Beat Student loans are loans again, OOPS. By Wolf Richter for WOLF STREET. Total household debt outstanding rose by $167 billion in Q1, or by 0.9%, from Q4, to $18.2 trillion, according to the Household Debt and Credit Report from the New York Fed today. Year-over-year, total household debt grew by $516 billion, or by 2.9%, the […]
Energy News Beat Where inflation hit in April: Rent, motor vehicle insurance & maintenance, eating out, medical care services, rental cars, utility natural gas, electricity… But prices of apparel & shoes fell. By Wolf Richter for WOLF STREET. On a month-to-month basis, inflation bounced back in April, driven by core services and to a lesser extent by utility […]
Energy News Beat Daily Standup Top Stories Saudi Arabia Spends Like Oil’s Still at $90 May 12, 2025 Clark Savage ENB Pub Note: Excellent article from Irina Slav at Oilprice.com. This article reinforces Doomberg’s comments about OPEC and its viability in the future as a cartel. Last week on the Energy News Beat podcast, he […] Republicans […]
Energy News Beat EnvironmentEuropeOperations Den Grønne Ungdomsbevægelse Den Grønne Ungdomsbevægelse Over 50 activists from the Green Youth Movement (Den Grønne Ungdomsbevægelse) have broken into the Copenhagen office of Maersk Tankers. The activists claim that the action is part of a larger series of actions over the next 10 days that will focus on the alleged […]
Energy News Beat EuropeOffshore Simon Møkster Simon Møkster Norwegian energy major Equinor has exercised the first extension option for three Simon Møkster Shipping’s emergency response and rescue vessels. The vessels in question are the 2003-built Stril Poseidon, the 2011-built Stril Merkur, and the 2008-built Stril Herkules. The vessels will continue their services on the Norwegian […]
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.
