Energy News Beat ENB Pub Note: I agree with Amuse from X: President Trump has once again been proven correct. Panama claimed that the Hong Kong-based company, CK Hutchison, which operates the two ports at either end of the Panama Canal, was free from Chinese influence, despite Trump’s assertions to the contrary. China’s recent move […]
Energy News Beat Post Content The post Post Title appeared first on Energy News Beat.
Energy News Beat The world’s biggest sovereign wealth fund, Norway’s $1.8 trillion oil fund, will buy 49% in two offshore wind farm developments of RWE for a total of $1.5 billion (1.4 billion euros), the fund’s manager, Norges Bank Investment Management, said on Monday. The agreed price for 49% of the two offshore wind projects, Nordseecluster in […]
Energy News Beat The surge of the “nontraditional reserve currencies.” By Wolf Richter for WOLF STREET. The status of the US dollar as the dominant global reserve currency has helped the US fund its twin deficits, and thereby has enabled them: the huge fiscal deficit every year and the massive trade deficit every year. The reserve currency status […]
Energy News Beat ENB Pub Note: As of recent data, the United States consumes approximately 20 million barrels of oil per day. This figure is based on averages from 2023 and 2024, with the U.S. Energy Information Administration (EIA) reporting total petroleum consumption at around 20.25 million barrels per day in 2023, including biofuels. Daily […]
Energy News Beat Energy Will Find A Way – Activist shareholders: good or bad? With the Just Stop Oil crew claiming victory and shutting down their protests, did they win? Or is there something to the rumor that people are waking up to the realities of energy? This week, David Blackmon, Irina Slav, Tammy Nemeth, […]
Energy News Beat Data source: U.S. Energy Information Administration, Natural Gas Monthly In 2024, U.S. natural gas consumption averaged a record 90.3 billion cubic feet per day (Bcf/d) and set new winter and summer monthly records in January and July, according to data in our Natural Gas Monthly. Overall, U.S. consumption last year increased 1% (0.9 Bcf/d) from […]
Energy News Beat We may slow down, but we still have growth available. At what cost is yet to be determined. Predicting the exact timing of peak oil production in the Permian Basin is complex and depends on various factors, including geological limits, technological advancements, economic conditions, and operational strategies. However, based on available data […]
Energy News Beat AmericasOffshore Noble A federal judge has blocked an oil and gas lease sale in Gulf waters off the coast of Louisiana after finding that authorities did not take into account the impact of new offshore drilling on the highly endangered Rice’s whale. The ruling from a judge in the U.S. District Court […]
Energy News Beat Northern Lights Oslo-listed Subsea7 has won a contract from Equinor worth between $50m and $150m for the second phase of the Northern Lights CO2 transport and storage project offshore Norway. Subsea7’s scope includes engineering, procurement, construction and installation of a five-kilometre CO2 pipeline, as well as installation of integrated satellite structures, umbilicals, […]
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.
