Energy News Beat Switzerland-based energy trader MET Group has entered into a 10-year deal to buy US LNG volumes from LNG giant Shell. According to MET, the company’s primary objective is to supply its European customers with US LNG. MET said on Tuesday the long-term free on board (FOB) deal will further diversify its LNG […]
Energy News Beat China’s power generation firm Shenzhen Energy has signed a long-term deal to buy liquefied natural gas (LNG) from a unit of Switzerland-based energy trader Glencore. Shenzhen Energy’s unit SE Gas Holding signed the purchase and supply deal with Glencore Singapore on July 2, according to a statement by Shenzhen Energy issued on […]
Energy News Beat A government compromise in Berlin envisions radical changes to the country’s renewables subsidy approach and details a fleet of backup power plants to underpin the country’s coal exit. Designed in the late 1990s, Germany’s renewable energy law guarantees wind turbine and solar panel owners a 20-year high price for electricity fed […]
Energy News Beat Daily Standup Top Stories South Dakota clashes with Minnesota on clean energy, coal plant closures July 8, 2024 Mariel Alumit SIOUX FALLS, S.D. – A political border war between South Dakota and Minnesota on how to handle tax policies, abortion and the pandemic response could spill over into renewable energy and the future […]
Energy News Beat PM Modi hopes visit to Russia will yield nuclear fuel pact Military agreement also likely to be signed during trip Russia and India are likely to agree on a long-term uranium supply pact for a nuclear power plant coming online in the southern state of Tamil Nadu, said senior officials with knowledge […]
Energy News Beat July 8 (Reuters) – Oil prices eased about 1% to a one-week low on Monday as Hurricane Beryl shut U.S. refineries and ports along the Gulf of Mexico, and on hopes a possible ceasefire deal in Gaza could reduce worries about global crude supply disruptions. Brent futures fell 75 cents, or 0.9%, […]
Energy News Beat Is Big Tech An Energy Transition Roadblock? – Energy Realities Live Podcast How can there be an energy transition when big tech is demanding so much power? Well David Blackmon, Irina Slav, Tammy Nemeth and Stu Turley sit down and talk about the isse. We are also taking questions live from around […]
Energy News Beat July 5 (Reuters) – Mining trade groups plan to push Washington to revive and expand the long-dormant Bureau of Mines, an effort aimed at streamlining how the U.S. government regulates and supports critical minerals production and timed to coincide with the 2024 presidential election. The lobbying campaign, details of which have not previously […]
Energy News Beat July 8 (Reuters) – Italian energy group Eni (ENI.MI), opens new tab has made a significant oil and gas discovery in the Sureste Basin, about 63 kilometres off the coast of Mexico, it said on Monday. The discovery, in an exploration well called Block 9, has a preliminary estimate of 300-400 million barrels equivalent […]
Energy News Beat U.S. gasoline and diesel prices are set for a more volatile summer this year as an expected busier-than-usual hurricane season and extremely high temperatures could weigh on refinery production, analysts have told Reuters. A higher number of named storms could lead to more refinery shutdowns on the U.S. Gulf Coast, which hosts more than […]
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.
