Energy News Beat Spanish LNG terminal operator Enagas has completed the issue of 600 million euros ($653 million) in bonds maturing in 2034. Enagas said in a statement that the bond issue, with an annual coupon rate of 3.625 percent, has had a demand five times the amount offered, which shows the “positive reception” the […]
Energy News Beat China Merchants Jinling Shipyard in Weihai has started building the sixth LNG-powered pure car and truck carrier for Singapore’s Eastern Pacific Shipping. The shipbuilder held a keel-laying ceremony on January 15 for the vessel (W0305) with a capacity of 7,000 ceu, it said in a statement. This is the sixth and the […]
Energy News Beat Turkey’s Karpowership, part of Karadeniz, and German engine maker MAN Energy Solutions have signed a contract for the delivery of a total of 48 dual-fuel engines for Karpowership’s fleet of powerships. MAN said in a statement that the engine order consists of MAN 18V51/60DF dual-fuel engines with a mechanical output of 20.7 […]
Energy News Beat Qatar rerouted three vessels heading to Europe via Suez Canal Russia also avoiding key waterway as Houthi attacks continue Liquefied natural gas suppliers, including Qatar and Russia, are avoiding the Red Sea amid heightened risk of attacks by Houthis militants and warnings of escalation from Doha. The LNG tankers are joining a […]
Energy News Beat LNG giant Shell has agreed to sell its Nigerian onshore subsidiary SPDC to Renaissance for up to $2.4 billion. Renaissance is a consortium of five companies comprising four exploration and production companies based in Nigeria and an international energy group. The companies are ND Western, Aradel Energy, First E&P, Waltersmith, and Petrolin. […]
Energy News Beat The World Economic Forum (WEF) annual meeting in Davos, Switzerland, has thrust climate change into the limelight as leaders grapple with the pressing challenges outlined in the WEF’s Global Risks report. With COP28 fresh in memory and the climate crisis topping the list of the next decade’s biggest risks, governments and business […]
Energy News Beat AI-powered lies and manipulation constitute the gravest threat to humanity. At least this is the dystopian scenario espoused by the collective wisdom of 1,500 experts surveyed in the World Economic Forum’s 2024 Global Risks Report last week. Unfortunately, such outbreaks of “elite panic” are a recurring phenomenon. Whenever the public sphere is expanded through […]
Energy News Beat Saturday night, the middle of the cold snap, was something to be endured. Things break at -36 degrees. A quick run to the grocery store was rerouted by a fleet of city vehicles tearing up the street in a considerable manner, most likely chasing a broken water main or some such. Imagine […]
Energy News Beat Desperate Tesla owners in and around Chicago were seen trying to charge their vehicles with no luck amid frigid temperatures that have gripped the Midwest. Charging stations have essentially turned into car graveyards in recent days as temperatures have dropped to the negative double digits, Fox Chicago reported. “Nothing. No juice. Still on zero percent,” Tyler […]
Energy News Beat As the Biden administration and governments worldwide make massive commitments to rapidly decarbonize the global economy, the persistent effort to silence climate change skeptics is intensifying – and the critics keep pushing back. This summer the International Monetary Fund summarily canceled a presentation by John Clauser, a Nobel Prize-winning physicist who publicly disavows the existence […]
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.
