Energy News Beat US Cent Com The Houthis from Yemen appear not to have got this week’s memo from the White House claiming that the Red Sea shipping crisis is drawing to a close. Donald Trump, the American president, said on Tuesday that after more than 17 months, the Houthis have agreed to halt their […]
Energy News Beat Persona AI Amid ongoing workforce shortages, humanoids will start working at South Korea’s largest shipbuilder soon. HD Korea Shipbuilding & Offshore Engineering) and HD Hyundai Robotics have signed a memorandum of understanding (MOU) with Houston-based Persona AI, and manufacturing firm Vazil Company. The agreement initiates a joint program to create humanoid robots […]
Energy News Beat As the blackouts in Spain and Portugal are still fresh in our minds, ERCOT in Texas just released a warning for potential power outages in July due to wind and solar issues. We need to learn from the major blackouts of the past and understand that we will not have a stable […]
Energy News Beat The significance of this minerals deal is not just the minerals but the potential solidification of new trading blocks. The new trading blocs of Russia, India, the United States, and countries fed up with the EU, and Asian countries, will be a complete shift in trading and prosperity. The United States cannot […]
Energy News Beat Make no mistake, Doomberg is a national treasure. I have thoroughly enjoyed my podcasts with him, and his Substack is worth every penny. The last time Doomberg was on the podcast, we had Chris Wright, our new Secretary of Energy, on the panel. This podcast is also going out on David Blackmon’s […]
Energy News Beat QT Continues at the slower pace announced in March. By Wolf Richter for WOLF STREET. The FOMC voted unanimously today to keep the Fed’s policy rates unchanged for the third meeting in a row, after cutting its policy rates by 100 basis points in 2024. Rate cuts remained in the fog of the future, as […]
Energy News Beat Duke Energy Corporation (NYSE: DUK) released its Q1 2025 earnings on May 6, 2025, reporting strong financial performance that surpassed analyst expectations. Below is a detailed analysis of the key metrics, segment performance, and strategic insights from the earnings report, based on available data. Key Financial Highlights Adjusted Earnings Per Share (EPS): […]
Energy News Beat About 2 million tonnes of LNG or 31 cargoes left the three Gladstone terminals on Curtis Island last month, GPC’s data shows. This compares to about 1.98 million tonnes of LNG or 30 cargoes in April 2024. April LNG exports decreased compared to 2.17 million tonnes of LNG or 34 cargoes in March this year. Curtis […]
Energy News Beat In an update on Tuesday, NextDecade said that once the financing arrangements are finalized, it expects to make a positive FID (final investment decision) on Train 4. The company expects to finance the construction of the train utilizing a combination of debt and equity funding. In connection with consummating the Rio Grande […]
Energy News Beat 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 market and how it would impact the United States. Those two points are broken out into sections below. They seem to be trying […]
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.
