Energy News Beat [[{“value”:” Rising borrowing costs and debt levels could trigger a self-reinforcing fiscal crisis, according to Bridgewater Associates’ boss The UK faces significant fiscal risks due to its rising borrowing costs and increasing debt levels, the boss of the world’s largest hedge fund, Ray Dalio, has warned. Britain’s annual interest payments have surpassed […]
Energy News Beat EuropeTankers MarineTraffic Greece’s Performance Shipping has extended the time charter contract for an aframax tanker with Glencore subsidiary ST Shipping & Transport. The deal will see the deal for the 2011-built, 105,525 dwt tanker P. Monterey extended for 12 months. The charterer has the option to shorten or extend the deal by […]
Energy News Beat Nearly all modern warming and treeline advances at a Rocky Mountain ice patch occurred between the 1910s and 1940s, challenging global warming claims. Nearly all modern warming and treeline advances at a Rocky Mountain ice patch occurred between the 1910s and 1940s, challenging global warming claims. The post Study Finds Modern Warming […]
Energy News Beat Shares of big Danish offshore wind developer Orsted dropped by 17% Monday, the same day President Donald Trump took the oath of office to become the 47th president of the United States. The two events are not merely coincidental with one another. To be sure, Orsted’s loss of market cap was caused by several factors, […]
Energy News Beat [[{“value”:” Jane Thornton tried and failed to stop the wood pellet plant from being built within earshot of her home in Faison, a tiny farming town in eastern North Carolina where she’s lived for over 60 years. Now, some eight years later, she and her neighbors have a smaller but critical aim: […]
Energy News Beat New Dayang Shipbuilding Chinese builder New Dayang best known for its shipbuilding know-how in the dry bulk segment has sealed its first order for product tankers. The shipbuilding arm of state-run machinery manufacturer Sumec Group has been commissioned to build four MR units for what it described as “world-renowned shipowners”. Delivery details […]
Energy News Beat Asyad Oman’s state-controlled logistics giant Asyad Group has moved to sell shares in Asyad Shipping through an initial public offering. Crédit Agricole Corporate and Investment Bank and Société Générale have been appointed as joint bookrunners for the group, which plans to sell a stake of at least 20% in Asyad Shipping and […]
Energy News Beat Warsaw and Munich signed an unusual pact against transforming the CAP budget and the cohesion funds into a single programme managed by national governments. Such a merger would mean reorganising over 60% of the EU budget and granting member states control over these funds, thanks to national plans. Poland has repeatedly […]
Energy News Beat French Prime Minister François Bayrou on Tuesday announced plans to divide highly sensitive legislation that would legalise assisted dying into two separate parts. The bill – adressing a politically charged issue in France – was under review by lawmakers last June but was halted following President Emmanuel Macron’s calling of snap […]
Energy News Beat Ireland’s parliament, the Dáil, descended into chaos on Wednesday, postponing what was supposed to be a routine vote to confirm the new prime minister. The Dáil was due to elect Fianna Fáil leader Micheál Martin as Taoiseach shortly after midday Brussels time. But opposition lawmakers disrupted proceedings over a plan to […]
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.
