Energy News Beat Do you feel your energy bills are increasing, and no one cares? Well, Anne Bradbury, the CEO of the American Exploration and Production Council, stopped by, and we cover some of the most important energy topics in the US. A little inside baseball: – Anne and I have over 99 connections on […]
Energy News Beat News|Social Media Elon Musk’s X has lost a bid to block a California law that forces social media companies to publicly reveal how they carry out content moderation on their platforms. X sued the state of California in September, arguing that the first-of-its-kind legislation violates the United States Constitution’s protections of freedom […]
Energy News Beat Manufacturing is doomed due to the first-ever artificial destruction of natural gas trade, CEO Aleksey Miller says The EU is intentionally destroying demand for natural gas, Gazprom CEO Aleksey Miller stated at a company meeting to discuss the year’s preliminary results. “We are well aware of the situation in Europe, where they […]
Energy News Beat US natural gas pipeline operator Williams is buying a portfolio of natural gas storage assets across Louisiana and Mississippi for $1.95 billion to serve growing demand driven by LNG exports and power generation. Under the deal with a an affiliate of Hartree Partners, Williams will acquire six underground natural gas storage facilities […]
Energy News Beat India’s Petronet LNG is moving forward with its plans to install a floating storage and regasification unit (FSRU) in Gopalpur, Odisha. The LNG importer said in a statement on Wednesday it has executed binding deals with Gopalpur Ports for its first LNG terminal on India’s east coast. Petronet and Gopalpur Ports signed […]
Energy News Beat Oil Price A fifth of global oil trade this year was settled in currencies different from the U.S. dollar as countries such as Russia and China move away from the petrodollar. This is according to JP Morgan’s head of global commodities strategy, Natasha Kaneva, who spoke to the Wall Street Journal and said sanctions […]
Energy News Beat Spot charter rates for the global liquefied natural gas (LNG) carrier fleet continued their downward trend this week, while European and Asian prices also decreased compared to the previous week. Last week, both the Spark30S Atlantic and the Spark25S Pacific dropped below $100,000 per day. “LNG freight rates have fallen for the […]
Energy News Beat Oil Price U.S. crude oil production has overwhelmingly exceeded earlier forecasts and has grown at a much faster pace this year, offsetting much of the OPEC+ efforts to push up prices by coordinated supply reductions. U.S. production growth is expected to continue into the new year, thanks to further gains in efficiency […]
Energy News Beat A similar drop in mortgage rates a year ago to even lower rates didn’t turn up sales volume either – on the contrary. By Wolf Richter for WOLF STREET. The dream is, or was, that mortgage rates dropped enough in November and December to push potential home buyers out of their buyers’ strike and to […]
Energy News Beat Quantitative tightening powers along in the euro area. By Wolf Richter for WOLF STREET. Under the ECB’s QT program, kicked off in October 2022, total assets have plunged by €1.94 trillion, or by 21.9%, to €6.90 trillion, the lowest since November 2020, according to the ECB’s weekly balance sheet released today. This includes the €88-billion […]
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.
