Energy News Beat EuropeGas Capital Gas Capital Gas Evangelos Marinakis-backed Capital Clean Energy Carriers (CCEC) has secured long-term employment for two of its LNG carriers under construction in South Korea. The Nasdaq-listed company has fixed the 174,000 cu m at vessels to be named Athlos and Archon for five and seven years, respectively, with a […]
Energy News Beat Daily Standup Top Stories Why did Saudi Arabia raise prices to the Asia market while increasing OPEC+ production quotas? May 7, 2025 Clark Savage Earlier this week, I published an article titled “What does the OPEC+ increase of 411,000 mean to the United States?” I was asked about Saudi Arabia’s increase in the Asia […]
Energy News Beat Fugro Dutch surveyor Fugro has been awarded a contract to perform comprehensive geotechnical surveys for the eastern array of the Dogger Bank South (DBS) offshore wind farms. The initiative is led by RWE and Masdar to develop one of the UK’s most powerful offshore wind energy projects. The detailed surveys will provide […]
Energy News Beat Dry CargoEurope Bernard Delmont / Marine Traffic Bernard Delmont / Marine Traffic New York-listed Greek owner Costamare has continued the trend of offloading smaller bulkers with another handysize set to exit the fleet. The Konstantinos Konstantakopoulos-led company is shipping out the 2010-built 31,775 dwt Resource, with delivery to an undisclosed new owner […]
Energy News Beat ENB Pub Note: I have just contacted the CEO, Steven Kobos, to interview him on the Energy News Beat podcast. Exclerate Energy reported net income of $52.1 million and adjusted net income of $55.6 million for the first quarter, up from $28.1 million in the first quarter of 2024 and $46.1 […]
Energy News Beat Activist-made climate graphic misuses smoothed proxy data to exaggerate modern warming, with IPCC silence fueling ongoing alarmism and misinformation. Introduction: Unmasking a Climate Myth One of the most influential and deceptive climate graphics circulating today did not originate in any peer-reviewed scientific publication. Instead, after a thorough investigation, I traced its roots […]
Energy News Beat DeSantis has signed legislation shutting down geoengineering and weather modification projects in Florida amid rising voter concerns. Florida Gov. Ron DeSantis is formally closing the door on geoengineering and weather modification in Florida amid increased worries about “chemtrails,” signing legislation that repeals the state’s ability to issue permits for such actions. [emphasis, […]
Energy News Beat The owner of the Sabine Pass and Corpus Christi LNG export terminals said on Thursday its revenue reached $5.44 billion in the first quarter. This compares to $4.25 billion in the first quarter last year and $4.4 billion in the prior quarter. Cheniere attributed the $1.2 billion revenue rise to a $725 […]
Energy News Beat ARO Drilling, a joint venture of New York-listed offshore driller Valaris, has signed extensions for five jackup rigs with Saudi giant Aramco. The extensions, all for five years, were signed for the Valaris 250, Valaris 116, Valaris 146, Valaris 140, and Valaris 141 or as ARO Drilling referred to them in its […]
Energy News Beat AsiaGreater ChinaShipyards Shanghai Waigaoqiao Shipbuilding Shanghai Waigaoqiao Shipbuilding Shipyards and owners are increasingly willing to wait a long time for newbuilds. New data from Danish Ship Finance shows that 20% of all ships on order today will deliver only after more than three years from now. At the beginning of 2021, only […]
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.
