Energy News Beat European Energy The European Commission has approved a €10.82bn ($11.67bn) scheme to support the deployment of offshore wind energy in France. The scheme was approved under the State Aid Temporary Crisis and Transition Framework (TCTF) and will run for 20 years. The TCTF was established in 2023 to foster support measures in […]
Energy News Beat By Wolf Richter for WOLF STREET. The ransomware attack on CDK’s cloud-based dealership management system, which on June 19 had cut off nearly 15,000 dealers from the software that was running every aspect of their operation, wreaked havoc on processing and reporting sales by the end of June. The large publicly traded auto dealers, including […]
Energy News Beat Daily Standup Top Stories French nuclear giant scraps SMR plans due to soaring costs, will start over July 3, 2024 Mariel Alumit The French nuclear giant EdF, the government owned company that manages the country’s vast fleet of nuclear power stations, has reportedly scrapped its plans to develop a new design for small […]
Energy News Beat Crude oil prices moved higher today after the U.S. Energy Information Administration reported an inventory decline of 12.2 million barrels for the week to June 28. The inventory change compared with an inventory build of 3.6 million barrels estimated for the previous week, when the EIA also saw fuel inventories rising, which weighed on oil prices. […]
Energy News Beat Three years ago, Google set an ambitious plan to address climate change by going “net zero,” meaning it would release no more climate-changing gases into the air than it removes, by 2030. But a report from the company Tuesday shows it is nowhere near meeting that goal. Rather than declining, its emissions […]
Energy News Beat The European Commission has issued a positive opinion on the technical and nuclear safety aspects of the project for units 3 and 4 of Romania’s only nuclear power plant, the Romanian Energy Ministry announced on Tuesday. With the Commission’s green light, the plant, managed by the country’s sole nuclear power producer, the […]
Energy News Beat It’s no secret that the vast majority of the so-called elites are advocates of climate alarmism and are taken in by the Green New Scam. Whether this preference is based on ignorance of the science, ideological zeal, a willful desire to hurt American growth or simple greed because of their investments in […]
Energy News Beat The French nuclear giant EdF, the government owned company that manages the country’s vast fleet of nuclear power stations, has reportedly scrapped its plans to develop a new design for small nuclear reactors because of fears of soaring costs. EdF, which is now fully government owned after facing potential bankruptcy due to […]
Energy News Beat TAMPA, Fla. — The state of Florida currently has zero windmills operating on land or offshore, and some Republican legislators want to keep it that way. In May, Gov. DeSantis signed HB 1645 into law, going into effect July 1. According to the language of the law, it “Prohibits the construction or expansion of […]
Energy News Beat Peru LNG’s liquefaction plant at Pampa Melchorita has shipped four liquefied natural gas cargoes to the Dutch Gate LNG import terminal in the port of Rotterdam in June, according to the shipment data by state-owned Perupetro. The 174,000-cbm LNGShips Manhattan, which departed the 4.4 mtpa Peru LNG plant on May 31 and […]
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.
