Energy News Beat Oil prices rallied aggressively on Tuesday morning, recovering from the OPEC+-induced drop that was sparked by the cartel’s decision to unwind production cuts at a faster rate than previously planned. Despite the recovery, uncertainty remains in markets and more volatility is likely. – Oil majors have been surprisingly inert in reacting to […]
Energy News Beat 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 oil, but the IMF states that the oil break-even for their social programs is $90. Saudi Arabia’s budget […]
Energy News Beat ENB Pub Note: This article from LNG Prime has some great information, and I added more specifications of the Commonwealth’s LNG export facility above. The Commonwealth LNG Export Terminal is a proposed liquefied natural gas (LNG) export facility under development by Commonwealth LNG, LLC, a Houston-based company specializing in LNG production. Located […]
Energy News Beat ENB Pub Note: I have added a better description of the GTA LNG Export hub above: The GTA LNG Export Hub refers to the Greater Tortue Ahmeyim (GTA) Liquefied Natural Gas (LNG) project, a major offshore gas development located on the maritime border of Mauritania and Senegal, approximately 120 km offshore. It […]
Energy News Beat Wood announced the contract in a social media post last week. “Working on the Woodside Line 200 project Indian Bayou compressor station in Louisiana, Wood will deliver the detailed engineering and design for the compressors and gas turbine generators,” it said. Wood did not provide further details. In October 2024, Woodside acquired all issued […]
Energy News Beat ENB Pub Note: This brings up so many questions. Why have we been forced to listen to John Kerry and Gretta, and have all of the “Renewable Energy” that is not Renewable or sustainable forced upon consumers? Why are energy policies for countries based upon emotions and climate religion rather than science? […]
Energy News Beat ENB Pub Note: I have added some background information on Peru LNG exports here. Peru’s LNG exports primarily originate from the Peru LNG Terminal at Pampa Melchorita, which has a nominal capacity of approximately 4.4–4.5 million metric tons per year. In 2023, Peru LNG exported 3.69 million metric tons of LNG, loaded […]
Energy News Beat State-owned QatarEnergy owns a 70 percent stake in the three-train Golden Pass project with a capacity of more than 18 mtpa and will offtake 70 percent of the capacity, while US energy firm ExxonMobil has a 30 percent share. Asked about the start-up of the Golden Pass LNG project during ExxonMobil’s first-quarter earnings […]
Energy News Beat ENB Pub Note: Please watch the RINOs not voting to end these subsidies. They will need to be voted out of office. Trump pushes to repeal Biden’s costly climate subsidies, but to keep petty and pointless ‘biofuel’ subsidies, GOP holdouts threaten his Big Beautiful Bill. President Trump campaigned on “ending the Green […]
Energy News Beat New York-listed offshore driller Valaris has been awarded a five-well contract offshore West Africa for one of its drillships. The contract, awarded to the 2014-built Valaris DS-15 drillship by an undisclosed client, is expected to begin in the third quarter of 2026. Based on an estimated duration of 250 days, the total […]
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.
