Energy News Beat OPEC MOMR: OPEC’s crude production fell in November for the first time in months. OPEC: U.S. oil output continued to reach new highs. Venezuela and Libya, which are exempted from the OPEC+ deal, saw their crude oil production rise month-on-month, as did Kuwait. OPEC’s crude oil production fell in November for the […]
Energy News Beat Bulgaria has announced that it will remove the tax on the transfer of Russian gas passing through its territory in transit after Hungary threatened to block its application to join the Schengen area, the British newspaper revealed The Financial Times. Romania and Bulgaria have been waiting more than a decade to win unanimous approval from […]
Energy News Beat The Federal Reserve on Wednesday held its key interest rate steady for the third straight time and set the table for multiple cuts to come in 2024 and beyond. With the inflation rate easing and the economy holding in, policymakers on the Federal Open Market Committee voted unanimously to keep the benchmark […]
Energy News Beat As the year draws to a close, stock-market professionals can recite a litany of explanations for why the U.S. market has marched higher this year. But a group of Wall Street strategists believe chalking up the equity market’s gains to signs that the U.S. economy is heading for a “soft landing,” or […]
Energy News Beat Europe must decide whether to stick with America, which is set to drop the war in Ukraine, or revert to China as continent faces social unrest and economic stagnation Writing about the relationship between the European Union and the United States over the Ukraine war, I am reminded of a sexually suggestive […]
Energy News Beat So, a deal has been reached. The world has agreed on what Cop 28 president Sultan al-Jaber has called a ‘robust action to keep 1.5 Celsius in reach’. The world is to ‘transition away’ from fossil fuels. And meanwhile, back in the real world? If the world really had just made a meaningful commitment […]
Energy News Beat 3 Rivers Energy Partners has introduced a sustainability project where its facility in Boston, Kentucky will utilize anaerobic digesters to process spent distillers grains from Beam Suntory’s adjacent Booker Noe Distillery, which produces Jim Beam, to generate renewable natural gas (RNG) to power the distillery. The project will help the Booker Noe Distillery to […]
Energy News Beat MOSCOW – Last week, Russian President Vladimir Putin made a notable pit stop in the UAE and Saudi Arabia to meet, respectively, Emirati President Mohammad bin Zayed (MbZ) and Saudi Crown Prince Mohammad bin Salman (MbS) before flying back to Moscow to meet Iranian President Ebrahim Raisi. The three key issues in […]
Energy News Beat IER Key Takeaways 1:After draining 180 million barrels of oil to get gas prices down before the 2022 elections, President Biden is beginning to add small amounts of oil to the Strategic Petroleum Reserve. 2: The Department of Energy (DOE) raised the price that it is willing to pay up to $79 […]
Energy News Beat 14 Dec, 2023 09:38 HomeBusiness News The president has praised the country’s economic performance in his annual address The Russian economy has shown strength and stability in the face of outside pressure, with GDP expected to reach 3.5% this year, President Vladimir Putin stated on Thursday. According to Putin, who is holding […]
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.
