Energy News Beat ContainersEurope German liner Hapag-Lloyd has earmarked another series of ships for jumboisation. Alphaliner is reporting seven vessels built around a decade ago have been heading to China where their capacities are being expanded from 9,324 teu to around 10,200 teu. COSCO Zhoushan Shipyard has been tasked with the project. Two years ago, […]
Energy News Beat Middle EastOperations X / @army21ye Yemen’s Houthi group said Tuesday that they are resuming a ban on the passage of all Israeli ships in the Red Sea, Arabian Sea and Bab al-Mandab Strait after a four-day deadline they gave Israel to allow humanitarian aid into the Gaza Strip expired. Israel halted all […]
Energy News Beat The stock plunged 24% today to lowest since 1997, down 89% from peak, and has joined our Imploded Stocks. By Wolf Richter for WOLF STREET. Shares of department store Kohl’s plunged 24% today to $9.19, the lowest price since August 1997. But that 24% plunge today is barely visible in a 10-year chart. The stock […]
Energy News Beat The low point was in September. The Fed faces a scenario of re-accelerating inflation amid a retightening labor market. By Wolf Richter for WOLF STREET. The Fed has cited the underlying dynamics of the labor market that were deteriorating through September as one of the reasons for its rate cuts. But since September, these dynamics […]
Energy News Beat Daily Standup Top Stories UK Oil & Gas: Too Legit to Quit, Even for Labour March 10, 2025 Mariel Alumit The Labour government under Keir Starmer has upheld its promise to halt new oil and gas exploration but is now allowing tiebacks—connecting new reserves to existing fields. The government has decided not to […]
Energy News Beat Data source: U.S. Energy Information Administration, Liquefaction Capacity File; trade press Note: Commissioning refers to the stage in LNG export facility development from the start of LNG exports to full production capacity. Bcf/d=billion cubic feet per day; LNG=liquefied natural gas In February 2025, Corpus Christi Stage 3, an expansion of the existing Corpus Christi […]
Energy News Beat Under the SPA, ExxonMobil LNG Asia Pacific (EMLAP) will purchase all of ARC’s LNG offtake from the Cedar LNG project – about 1.5 million tonnes per annum – at international LNG pricing, according to a statement by ARC Resources. The agreement starts with commercial operations at the Cedar LNG facility, expected late […]
Energy News Beat ENB Pub Note: We kind of need the Canadian heavy oil sands more now – just saying. In 2023, Chevron’s joint ventures with Venezuela’s state oil company, Petróleos de Venezuela S.A. (PDVSA), were producing approximately 135,000 barrels per day (bpd), according to independent estimates and shipping data. This figure marked a significant […]
Energy News Beat Source: X The Solong containership involved in Monday’s collision in the UK North Sea is unlikely to remain afloat, British maritime minister Mike Kane has said. “Modelling suggests that should Solong remain afloat, it will remain clear of land for the next few hours. The assessment of HM Coastguard is, however, that […]
Energy News Beat We are seeing the left’s green energy policies merge into the left’s energy policies that transferred trillions of dollars into preferred wind, solar, and social programs that did not work. George McMillan has the answers on how we got here and, more importantly, what President Trump needs to do with the Universities […]
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.
