Energy News Beat Fourth-quarter profit to be lowest in more than three years Oil markets weigh uncertain outlook driven by Trump’s return The flow of dividends and buybacks from the world’s largest oil companies is under pressure, with fourth-quarter profits plunging and the return of President Donald Trump adding to the uncertainty. The five global oil majors […]
Energy News Beat Earth has existed for more than 4 billion years without present-day humans. In the past, dinosaurs and cavemen never used its plentiful natural resources. Today, with 8 billion humans on this planet, the few wealthy countries are extracting natural resources at alarming rates, and they are NOT being replenished. Crude oil consumption […]
Energy News Beat Ukraine early on Tuesday hit with drones an oil refinery near Nizhny Novgorod in western Russia, the General Staff of the Armed Forces of Ukraine said, announcing a second hit at a Russian oil refinery in less than a week. Units of Ukraine’s defense intelligence, in cooperation with other components of the defense […]
Energy News Beat The Chinese AI lab has put to rest any illusion that Beijing is behind. Chinese artificial intelligence lab DeepSeek shocked the world on Jan. 20 with the release of its product “R1,” an AI model on par with global leaders in performance but trained at a much lower cost. Former Intel CEO […]
Energy News Beat Kiev’s brigades in the Donbass are consistently understaffed, according to commanders Kiev’s forces are struggling to maintain their ranks in Russia’s Donbass amid mounting manpower shortages, Ukrainian commanders have told the Economist in an article published on Monday. Colonel Pavel Fedosenko, a commander of a Ukrainian tactical unit in the Donbass, stated […]
Energy News Beat Chinese and Russian brands dominated sales in the $50 billion market, according to Avtostat Russians spent a record 4.91 trillion rubles ($50.1 billion) on new cars last year, according to data from analytical agency Avtostat. Chinese and domestic Russian brands dominated sales in 2024, filling the gap left by Western and […]
Energy News Beat Butch Wilmore and Suni Williams have spent seven months in orbit instead of the originally planned eight days US President Donald Trump has asked his close ally and SpaceX CEO Elon Musk to bring back two NASA astronauts, Butch Wilmore and Suni Williams, who were unable to return to Earth and have […]
Energy News Beat 45% of survey respondents reportedly also recorded that they see President Donald Trump’s interest in the island as a threat Greenlanders are overwhelmingly rejecting the idea that US President Donald Trump could purchase their island from Denmark and incorporate it into his country, local media reported on Tuesday, citing a new opinion […]
Energy News Beat ECOWAS had given Burkina Faso, Mali, and Niger until July to reconsider the move, but they said their departure was irreversible Burkina Faso, Mali, and Niger have formally withdrawn from the Economic Community of West African States (ECOWAS) after months of strained relations between the regional authority and military rulers of […]
Energy News Beat American service personnel have been told that relying on the Chinese-developed AI model raises security and ethical concerns The US Navy has barred its sailors from using the artificial intelligence model from the Chinese company DeepSeek, CNBC reported on Tuesday. In an email sent to service personnel on Friday, the Navy warned […]
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.
