Energy News Beat FOX: A climate-focused nonprofit with significant operations in Beijing has wired millions of dollars to fund climate initiatives and environmental groups in the U.S., according to tax filings first obtained by Fox News Digital. While the Energy Foundation’s financial filings indicate that the group is technically headquartered in San Francisco, a Fox News Digital […]
Energy News Beat Tehran has provided tactical intelligence critical to Houthi strikes in the Red Sea, according to the White House The United States has accused Iran of being “deeply involved” in attacks by Houthi rebels on commercial ships in the Red Sea. Tehran has provided drones and missiles to the Houthis, as well as […]
Energy News Beat Restrictions on the Arctic LNG 2 energy project endanger vital fuel supplies, according to Chinese energy majors China’s state energy majors CNOOC and China National Petroleum Corp (CNPC) have both asked the US government for exemptions from sanctions on a new Russian liquefied natural gas (LNG) export plant. They are seeking to […]
Energy News Beat Britain’s economy unexpectedly contracted in the third quarter of the year, raising the possibility that the country is already in a recession, the latest data shows. Third quarter GDP dropped 0.1% from the previous quarter after initial estimates suggested growth had been flat, according to a revised report by the Office for […]
Energy News Beat Transit of Russian oil through Belarus will become more costly next year, the Kommersant business daily reported on Saturday, citing Russian energy export giant Transneft. According to the report, the Belarusian operator of the Druzhba pipeline, Gomeltransneft Druzhba, has reached an agreement with Transneft to hike the transit tariff by 10.2% starting […]
Energy News Beat Oil Price Defying earlier expectations of slowing growth, U.S. crude oil production has surged this year to extend America’s lead at the top of the ranking of the world’s biggest oil producers. In September, U.S. oil output surged to a record high for any month in history, and forecasts are that production will […]
Energy News Beat Oil Price Ford said on Thursday that half of all 1,550 Ford dealers chose to sell electric vehicles in 2024—down from two-thirds that said this time last year that they would opt in to sell EVs for 2023. The other half of Ford dealers will sell—and service—ICE and hybrid models. Source: Oil Price […]
Energy News Beat Daily Standup Weekly Top Stories A Shale Oil CEO’s Second Act: Going Green December 17, 2023 Stu Turley For almost a decade, Tony Sanchez III was the epitome of a shale-boom CEO—furiously drilling oil wells, piling on debt and hunting quail and nilgai with fellow executives near his family’s ranch in South Texas. Then tumbling […] […]
Energy News Beat But overall and “core” PCE price indexes decelerated, on plunging gasoline prices, a dip in food prices, and a continued big drop in durable goods prices. By Wolf Richter for WOLF STREET. The fly in the ointment in today’s PCE Price Index by the Bureau of Economic Analysis was rent inflation, which accelerated in November […]
Energy News Beat I’m not going to mince words here. By destroying America’s energy independence, the Biden Administration is directly making Black Americans more poor and less independent than ever. Since Biden’s first day in office with the shutdown of the Keystone pipeline project and his ongoing war on a key pillar of our economy, […]
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.
