Energy News Beat Energy company Ørsted has announced its investment in a battery energy storage system to enhance stability in the UK energy market. The system, co-located with Ørsted’s Hornsea 3 Offshore Wind Farm in Swardeston, Norfolk, will provide support to the grid, helping to balance supply and demand. The battery, developed in collaboration with […]
Energy News Beat This is often more difficult to achieve – due to economical, technological and other limitations – but one way is to purchase carbon credits. A credit certifies the permanent removal of one metric tonne of carbon dioxide equivalent emissions (CO2e) from the atmosphere, or a reduction in CO2e by the same amount. […]
Energy News Beat With constant assaults on the electricity grid, Moscow is adding an explosive twist to an old playbook. Analysis Putin Cuts Ukraine’s Power With constant assaults on the electricity grid, Moscow is adding an explosive twist to an old playbook. By Keith Johnson, a reporter at Foreign Policy covering geoeconomics and energy. […]
Energy News Beat Energy giants QatarEnergy and ExxonMobil released the latest construction update for their Golden Pass LNG export terminal on the US Gulf Coast near Sabine Pass, Texas. State-owned QatarEnergy owns a 70 percent stake in the three-train Golden Pass project with a capacity of more than 18 mtpa and will offtake 70 percent of […]
Energy News Beat Mining firm Rare Earths Norway says it has discovered Europe’s largest proven deposit of highly prized rare earth elements, potentially reflecting a watershed moment for both the Nordic country and the broader region. One of the few deposits not owned or controlled by China, the discovery of continental Europe’s largest rare earths deposit is […]
Energy News Beat ENB Pub Note: An excellent article from Bloomberg. Although the first line says “The first Russian oil tanker attempting to deliver crude while under US sanctions”… this is not factual, as Russia has been increasing production and exports for the last two years and is up 73% over the last 3 months. […]
Energy News Beat State-owned German LNG terminal operator DET expects to receive the first cargo at its FSRU-based LNG import terminal in Stade in the second half of this year. In March, the 2021-built 174,000-cbm FSRU, Energos Force, owned by Apollo’s Energos Infrastructure, arrived at the AVG jetty in Germany’s Stade. DET says the FSRU […]
Energy News Beat In diplomacy, what’s left unsaid often matters more than what’s said. After Chinese President Xi Jinping met the king of Saudi Arabia in December, both nations issued lengthy readouts extolling the burgeoning Saudi-Sino relationship in “all fields.” But in more than 5,000 words, the statements were silent on the much-hyped idea of using the […]
Energy News Beat (Bloomberg) – Months after UN-led climate talks, the demand for natural gas from the host of this year’s COP29 is growing in Europe and elsewhere. Azerbaijan, which has the presidency of the 29th United Nations’ Conference of the Parties, exported almost 24 Bcm of natural gas in 2023 with half of the […]
Energy News Beat Green parties were on track to lose seats in the European Parliament elections, provisional results showed Monday, sparking concerns that the bloc may be on the brink of scaling back its climate policies. The left-leaning Greens/European Free Alliance were set to win 52 seats in the legislative branch of the 27-member trade bloc, according […]
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.
