Energy News Beat New Dayang Shipbuilding Chinese builder New Dayang best known for its shipbuilding know-how in the dry bulk segment has sealed its first order for product tankers. The shipbuilding arm of state-run machinery manufacturer Sumec Group has been commissioned to build four MR units for what it described as “world-renowned shipowners”. Delivery details […]
Energy News Beat Asyad Oman’s state-controlled logistics giant Asyad Group has moved to sell shares in Asyad Shipping through an initial public offering. Crédit Agricole Corporate and Investment Bank and Société Générale have been appointed as joint bookrunners for the group, which plans to sell a stake of at least 20% in Asyad Shipping and […]
Energy News Beat Warsaw and Munich signed an unusual pact against transforming the CAP budget and the cohesion funds into a single programme managed by national governments. Such a merger would mean reorganising over 60% of the EU budget and granting member states control over these funds, thanks to national plans. Poland has repeatedly […]
Energy News Beat French Prime Minister François Bayrou on Tuesday announced plans to divide highly sensitive legislation that would legalise assisted dying into two separate parts. The bill – adressing a politically charged issue in France – was under review by lawmakers last June but was halted following President Emmanuel Macron’s calling of snap […]
Energy News Beat Ireland’s parliament, the Dáil, descended into chaos on Wednesday, postponing what was supposed to be a routine vote to confirm the new prime minister. The Dáil was due to elect Fianna Fáil leader Micheál Martin as Taoiseach shortly after midday Brussels time. But opposition lawmakers disrupted proceedings over a plan to […]
Energy News Beat Transport and Tourism Commissioner Apostolos Tzitzikostas told the World Economic Forum’s Davos summit today that the EU’s planned sustainable tourism strategy will allow the sector to keep growing. When quizzed during a panel discussion on the citizen backlash against overtourism in Europe, Tzitzikostas quickly said the industry’s development is central to […]
Energy News Beat The country’s new president and prime minister have a mandate to reform the country—but do they have the power? Lebanon has two new leaders and neither is to Hezbollah’s liking. On Jan. 9, Gen. Joseph Aoun, commander of the Lebanese Armed Forces (LAF), was elected president with 99 out of 128 votes […]
Energy News Beat Two months ago, Nigeria’s beleaguered energy sector witnessed a very significant event: the Dangote Oil Refinery began producing gasoline and selling it domestically to Nigeria’s state oil firm, Nigerian National Petroleum Company (NNPC), marking the first time in decades Africa’s largest oil producer is refining its own crude. The state-of-the-art $20.5 billion refinery […]
Energy News Beat New Jiangzhou Shipbuilding Dutch owner Mercurius Shipping has returned to China’s Jiangxi New Jiangzhou Shipbuilding Heavy Industry for more stainless steel chemical tankers. The inland waterway shipping player has signed up for a pair of 6,000 newbuilds, with delivery likely by June and September 2026. No price has been given for the […]
Energy News Beat CenterPoint Energy activated its Emergency Operations Center this afternoon in advance of Winter Storm Enzo’s arrival to be prepared to manage its response and restoration efforts. The company is coordinating with state and local emergency partners as it prepares to respond to the potential winter impacts on the Greater Houston area. To aid in restoration efforts, […]
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.
