Energy News Beat The move reportedly follows the latest US sanctions banning countries from buying LNG produced by the plant Foreign shareholders in Russia’s new liquefied natural gas (LNG) plant, Arctic LNG 2, have halted participation in the project amid US sanctions, Kommersant business daily reported on Monday, citing sources within the Russian government. According […]
Energy News Beat Biggest home-price drops in the data going back to 2000 triggered by the biggest QT and highest rates in ECB history. By Wolf Richter for WOLF STREET. Germany is a great example of what ultra-low interest rates and massive QE do to home prices: They whip them into frenzy. And what rate hikes and QT […]
Energy News Beat ENB Pub Note: Interesting points were raised by Andrew Korybko. The Biden administration has lost so much street cred on the world stage that everyone is expecting false flags being tried by them to get into another war. United States legislators have made such comments in public forums this week. Several were […]
Energy News Beat Summary: The National Oceanic and Atmospheric Administration (NOAA) is an agency within the United States Department of Commerce that is responsible for monitoring and predicting changes in the Earth’s environment. As a government agency, NOAA operates under the authority of the federal government and is primarily funded by taxpayer dollars. This article […]
Energy News Beat (Bloomberg) — The U.S. extended its claims on the ocean floor by an area twice the size of California, securing rights to potentially resource-rich seabeds at a time when Washington is ramping up efforts to safeguard supplies of minerals key to future technologies. The so-called Extended Continental Shelf covers about 1 million […]
Energy News Beat Germany’s state-controlled firm Securing Energy for Europe (Sefe) and Equinor signed on Tuesday one of the biggest-ever natural supply deals for Norway’s energy giant worth an estimated $55 billion (50 billion euros). Equinor will supply Germany’s Sefe with around 10 billion cubic meters (bcm) of natural gas per year from January 1, 2024 until […]
Energy News Beat ESG funds are experiencing a decrease in new inflows and increased closures due to underperformance and investor withdrawal. Regulatory tightening, greenwashing exposure, and a return to oil and gas investments contribute to the declining appeal of ESG funds. Despite previous overperformance, ESG funds are now struggling as investor sentiment shifts back towards […]
Energy News Beat US President Joe Biden has been warned that “no one takes him seriously” as a military operation in the US collapses due to the withdrawal of European countries from its command structure. France, Spain, and Italy all announced their withdrawal from the US Command Structure for Operation Prosperity Guardian, adding that they will […]
Energy News Beat India will increase the size of its thermal power fleet, the country’s power minister said, to meet an increased demand for power. India said it would add another 88GW of new power capacity by early 2032-63% more than India’s plan that it published just seven months ago. And most of that will […]
Energy News Beat International climate talks at COP28 can feel a little like Albert Einstein’s definition of insanity. Countries come to the table each year with similar requests and demands. Pledges are made to cut emissions, transition away from fossil fuels, and transfer money from developed countries to developing ones. Turning words into action can […]
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.
