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 […]
Energy News Beat ENB Pub Note: President Trump knows who blew up the Nord Stream pipelines. This is a terrific article from ZeoHedge’s Tyler Durden. We all speculated, and we are thrilled to see the White House have reporters like Tyler in the Oval Office who can ask fundamental questions to a real president: great […]
Energy News Beat Norwegian owner and sale and leaseback player Ocean Yield has increased its stake in France’s Geogas LNG. In July 2024, Ocean Yield took over interests from infrastructure fund CVC DIF, which held a 31% stake in Geogas LNG. This provided the company with an indirect economic interest of 34% in France LNG […]
Energy News Beat According to a filing with the US FERC dated May 6, Cheniere’s unit Corpus Christi Liquefaction (CCL) sent compliance statements and associated documentation to the regulator. “The compliance statements and associated documentation are in support of a forthcoming request by CCL to introduce fuel gas to midscale Train 2,” it said. A […]
Energy News Beat During the company’s earnings call on Tuesday, Energy Transfer’s co-CEO, Tom Long, said that Energ Transfer is making “substantial” progress towards commercialization of the project. He noted that Lake Charles LNG and MidOcean Energy, the LNG unit of US-based energy investor EIG, recently signed a heads of agreement, which provides a non-binding framework […]
Energy News Beat ENB Pub Note: This article is quietly essential, as President Trump is talking about buying tankers. We need American-flagged LNG tankers at a huge volume, and we also need cargo carriers so we can’t have sanctions placed on our exports. We are looking up information, but the ship sizes built by Hyundai […]
Energy News Beat Daily Standup Top Stories Saudi Arabia’s Budget Deficit Surged Before the Oil Price Crash May 6, 2025 Clark Savage ENB Pub Note: The story below is from Tsvetana Paraskova on Oilprice.com, and she has some great points about the Saudi Budgets. I have been saying that the Saudis need the $80 to $85 […]
Energy News Beat Ørsted Danish offshore wind developer Ørsted has discontinued the Hornsea 4 offshore wind project in the UK, citing rising costs and increased risks for development. The Danish firm said that, since the contract for difference (CfD) award in September 2024, the 2.4GW Hornsea 4 project had seen several adverse developments relating to […]
Energy News Beat EuropeOffshore Siem Siem Norwegian seismic service provider Electromagnetic Geoservices (EMGS) has expanded its business into the offshore construction sector with the acquisition of the Siem Day offshore subsea construction vessel (OSCV). EMGS said that the acquisition represents a strategic diversification, complementing its existing electromagnetic operations and expanding into the growing subsea construction […]
Energy News Beat EuropeTankers Kremlin Kremlin Russia has spent $14bn buying just over 400 tankers for its so-called shadow fleet since May 2022, an armada that is now struggling to deliver exports around the world, according to new data from Navigating Russia, a substack penned by former Wall Street banker Craig Kennedy. Large-scale tanker sanctions […]
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.
