Energy News Beat (Bloomberg) – TotalEnergies SE said lifting its stake in two Namibian oil blocks is a “key step” toward developing the Venus field off the coast of the southwest African nation. Starting in 2022, TotalEnergies and Shell Plc made large finds in the waters off Namibia, raising hopes of transforming the economy of […]
Energy News Beat China Merchants Heavy Industry (Jiangsu) has started building the second of six 180,000-cbm LNG carriers for Denmark’s Celsius Tankers, a unit of Celsius Shipping. The shipbuilder said in a statement it has held a steel-cutting ceremony for the vessel (CMHI-282-02) on January 10. CMHI officially started building the first of these 298.8 […]
Energy News Beat Officials today launched an investigation after one of Sadiq Khan‘s electric buses exploded during today’s rush hour. Terrified residents in Wimbledon described a massive ‘bang’ after a double decker burst into flames during this morning’s commute, sparking chaos on the roads as black smoke filled the streets. Astonishing video obtained by MailOnline shows […]
Energy News Beat For illustration only (Image: CNOOC Gas & Power) China’s natural gas imports, including pipeline gas and LNG, increased 9.9 percent in 2023, according to customs data. Natural gas imports during the January-December period reached about 119.97 million tonnes, the data from the General Administration of Customs shows. China paid about $64.3 billion […]
Energy News Beat US natural gas producer EQT has entered into a heads of agreement for liquefaction services from Texas LNG’s planned facility in Brownsville to produce 0.5 mtpa of LNG under a 15-year tolling agreement. The deal anticipates the finalization of a definitive 15-year tolling agreement from the first train of Glenfarne Group’s Texas […]
Energy News Beat The West owes oppressed nations apologies, but those seem to be part of the same old colonial system These days in Africa, we often hear calls for reparations for the three Western heinous crimes: slavery, slave trade, and colonialism. Reparations for these atrocities are long overdue, but they are not just about […]
Energy News Beat The BRICS New Development Bank (NDB) has announced the approval of a $500 million loan to fund rural road projects in the Indian state of Gujarat. The funds will be used under the Mukhyamantri Gram Sadak Yojana initiative, according to the bank, which was launched in 2010-2011 to improve connectivity in rural […]
Energy News Beat US liquefaction plants shipped 28 liquefied natural gas (LNG) cargoes in the week ending January 10, while natural gas deliveries to these terminals increased by 1 percent compared to the week before. The EIA said in its weekly report, citing shipping data provided by Bloomberg Finance, that the total capacity of these […]
Energy News Beat Mass unrest has gripped the Pacific nation over a public sector pay cut, later blamed on an administrative error Soldiers and police patrolled the streets of the Papua New Guinea capital on Friday, a day after the southwest Pacific nation declared a state of emergency in response to widespread rioting during which […]
Energy News Beat Burundi accuses Rwanda of hosting and training a rebel group that has been carrying out deadly cross-border raids Burundi has announced the closure of its border with Rwanda, while suspending diplomatic relations with its East African neighbor. Martin Niteretse, the Burundian internal affairs minister, said on Thursday that the decision was in […]
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.
