Energy News Beat EuropeOffshore TGS TGS Oslo-listed seismic data specialist TGS has been awarded a 4D streamer contract in the East Mediterranean. The company said in an Oslo Bors filing that the acquisition was scheduled to begin in the second quarter of this year. The deal has a duration of approximately 90 days. Kristian Johansen, […]
Energy News Beat Solstad Offshore Norwegian vessel owner Solstad Offshore has won a new contract for one of its anchor handling tug supply vessels (AHTS). The 2007-built anchor handler Normand Turquesa was awarded a new four-year deal by Brazilian state-owned oil and gas major Petrobras. According to a statement by the Norwegian firm, the contract […]
Energy News Beat Kernel Mykhailo Kravchenko, head of fleet service and transhipment commercial operations at Kernel, reflects on key takeaways from last week’s Geneva Dry summit. Geneva Dry 2025 brought together some of the most experienced players in dry bulk shipping — traders, shipowners, operators, and analysts — to discuss the current market and what […]
Energy News Beat It was a standing room during a specialist workshop, sponsored by Paratus, at the opening day of the second edition of Geneva Dry that saw panellists turn their attention to various aspects of risk management for dry bulk shipowners and operators. Moderator of the session, Neville Smith, director of maritime PR consultancy […]
Energy News Beat ENB Pub Note: The following is an outstanding article from Armando Cavanha, from Brazil. He is a true energy leader and a friend of the Energy News Beat podcast. His opinions on the global tariff war and the perspective of power are spot on. If you have listened to my podcasts with […]
Energy News Beat The Senate voted to overturn two Biden-era appliance rules, sending bills to Trump to undo overly strict energy efficiency and appliance standards. This week, the Senate voted to undo two Energy Department rules for appliances finalized during the Biden administration, sending the bills to President Donald Trump to sign into law. […]
Energy News Beat Before oil prices started plunging last month, most banks and research firms had forecast US shale production would grow this year and next before plateauing later in the decade. Diamondback Energy trimmed its own full-year production forecast Monday, and said that it expects onshore oil rigs across the entire US industry to drop […]
Energy News Beat Marathon Petroleum Corporation (MPC) released its Q1 2025 earnings results on May 6, 2025, reporting a net loss attributable to MPC of $74 million, or $0.24 per diluted share, compared to a net income of $937 million, or $2.58 per diluted share, in Q1 2024. Below is a detailed analysis of the […]
Energy News Beat ENB Pub Note: Yesterday, we examined Cap Ex budgets, and today, we are investigating production, demand estimates, and storage. The current storage levels are low and are listed below. Here is a lot of data to chew on. Go ahead and skip to the summary if you want to know what price […]
Energy News Beat In this episode of Energy Newsbeat – Conversations in Energy, Stuart Turley sits down with Michael McDonnell, founder of MMD Global Advisory, to dive deep into Saudi Arabia’s Vision 2030, the NEOM project challenges, and the broader impact of global trade wars. They explore how Trump’s tariffs are reshaping global finance, Saudi […]
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.
