Energy News Beat China Brief on Beijing’s response to Trump’s tariff increases. Analysis By James Palmer, a deputy editor at Foreign Policy. China has toughened up its rhetoric amid U.S. President Donald Trump’s tariff increases. Last week, Chinese Foreign Ministry spokesperson Lin Jian said that if the United States “insists on a tariff war, trade war or any […]
Energy News Beat Democrats are moving to block Hochul’s ‘nearly impossible’ clean truck mandate requiring heavy-duty trucks to be emissions free. State Democratic lawmakers are trying to pump the brakes on the Hochul administration’s “nearly impossible” green-energy rule requiring more new large trucks to be emissions-free. [emphasis, links added] The proposal, pushed by state Sen. […]
Energy News Beat ENB Pub Note: We are seeing the world waking up to the fact that the United States is no longer the piggy bank for the elite. They are forced to look to their own financial success, exacerbated by the Net Zero and “Renewable Energy” fiscal wealth transfer from the working population to […]
Energy News Beat The Egyptian Ministry of Petroleum and Mineral Resources revealed this in a statement on Tuesday following a meeting between Egypt’s Petroleum Minister Karim Badawi with German government officials at CERAWeek in Houston. According to the statement, German aims to buy gas as part of the recently concluded deal between Italy’s Eni and […]
Energy News Beat This is 11 percent higher than in the previous forecast. EIA said below-normal temperatures in both January and February led to increased consumption of natural gas to meet space heating demand, which resulted in more natural gas being withdrawn from underground storage than estimated in the October STEO. In January and February […]
Energy News Beat Ocean Installer Marine construction contractor Ocean Installer has joined the alliance of companies developing the Aspen floating offshore wind project in the North Sea. Ocean Installer’s addition to the alliance will drive down the costs of installation and its existing fleet of vessels and workforce can be transferred to the floating offshore […]
Energy News Beat AsiaOffshore Sapura Energy Malaysia’s troubled offshore services player Sapura Energy has secured a RM1.1bn ($250m) bailout from the government to repay debts to vendors. The company said in a Bursa Malaysia filing on Wednesday that the country’s Ministry of Finance had agreed to provide a financial injection to the company. The investment […]
Energy News Beat ENB Pub Note: Odd timing that US-flagged tanker carrying fuel for the US Military is hit by a ship that was a direct course for the anchored ship for over an hour. Our Air Force moves Jet fuel around the world for readiness and to protect our Presidents when traveling abroad. With […]
Energy News Beat AmericasOperations J.F. Lehman & Company (JFLCO), a US private equity firm, has bought ship supplies specialist Wrist from Altor Fund II (Altor). No price has been revealed for the acquisition. “Wrist is an outstanding fit with our investment strategy. Its strong positioning with blue-chip customers, differentiated logistics capabilities and innovative digital solutions […]
Energy News Beat The Banga family, who own Hong Kong’s Caravel Group and Fleet Management, have bought India’s International Maritime Institute (IMI) for an undisclosed sum. ‘Established in 1991, the IMI in Noida near New Delhi, specialises in pre-sea training for cadets. Acknowledging what is described as an “urgent challenge” to attract and develop young […]
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.
