Energy News Beat The sanctions-hit nation earned nearly $100 billion through sales of oil and gas, Alexander Novak says The proceeds from Russia’s export of oil and gas contributed about $100 billion (nine trillion rubles) to the budget this year, Deputy Prime Minister Alexander Novak has revealed, close to revenue levels recorded in 2021, before […]
Energy News Beat Down from 2022 highs: San Francisco -12%, Seattle -11%, Portland -6%; Denver, Phoenix, Las Vegas -5%; Dallas -4%, San Diego -2%, Los Angeles -1%. But new highs in 8 metros. By Wolf Richter for WOLF STREET. Today’s S&P CoreLogic Case-Shiller Home Price Index for “October” is a three-month moving average of home prices whose sales were […]
Energy News Beat U.S. climate envoy John Kerry said on Dec. 2 at the U.N. COP 28 global warming summit that the Biden administration “will be working to accelerate unabated coal phase-out across the world, building stronger economies and more resilient communities.” President Joe Biden said recently of coal plants, “We’re going to be shutting these plants down all […]
Energy News Beat The proposed dam on the Kunar River, a crucial water source for Pakistan, lacks a bilateral water-sharing agreement between the two nations. Pakistani officials have expressed strong opposition to the project, considering it a hostile act with potential for escalating tensions and conflict. Despite expert opinions suggesting a minimal impact on water […]
Energy News Beat Net zero will impose significant costs on the rich world over the next two decades, speeding up the economic power shift away from advanced economies. Rapidly growing Asian countries such as Indonesia and Vietnam will continue to grow their share of world GDP to 2050, as ageing populations and rising debt in western economies drag […]
Energy News Beat BRUSSELS — France and Sweden have signed a declaration of intent to develop long-term cooperation in the field of nuclear energy. The declaration was signed in Brussels on Dec. 19 by Sweden’s Deputy Prime Minister and Energy & Industry Minister Ebba Busch and France’s Energy Minister Agnés Pannier-Runacher. The declaration calls for the […]
Energy News Beat Marty Schwartz is the President at Vehicles for Change in Baltimore, and wow, what a conversation we had. I had an absolute blast learning about this marvelous non-profit helping people get back on their feet. When we hit the bottom of the hole, it is not easy to dig yourself out. If […]
Energy News Beat President Biden’s migrant surge is taking a toll on police, schools and a wide range of social services — and it turns out, it’s also contributing to global warming. A Central or South American who immigrates to the U.S. could see their greenhouse gas emissions double or triple, just by becoming part […]
Energy News Beat Biden administration officials, including Vice President Kamala Harris, attended COP28 in the United Arab Emirates, where they pledged billions in taxpayer money to the Green Climate Fund. The Biden administration’s decision to impose oppressive, burdensome restrictions on developing African countries attempting to advance and lift themselves from destitution and dependence is profoundly […]
Energy News Beat This year saw an increase in natural disasters the world over, from floods in Libya and New York and deadly wildfires in Hawaii and Greece – all very real effects of climate change. Globally, there have been twice as many days where temperatures exceed 50 degrees Celsius (122 degrees Fahrenheit) than 30 […]
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.
