Energy News Beat ENERGY TRANSITION #90-Venezuela wants Guyana’s oil Highlights of the podcast: 01:02 -Guyana is standing on its own 02:08 -Hess and Chevron 02:50 – Guyana’s 11 billion barrels in reserves 05:41 – Inflation rate in Venezuela 08:37 – Financial assistance from China 11:51 – CapEx investment into new wells 13:43 – The Monroe […]
Energy News Beat The electric car will not whisk us towards an ever growing yet greener future. If governments were truly serious about reducing emissions, I have argued, they would celebrate walking and subsidize bicycles instead of $70,000 vehicles for the rich. They would improve public transportation and make our cities walkable again. And, bottom line, […]
Energy News Beat DUBAI, United Arab Emirates — Plans to push South Africa and Indonesia off coal sputtered. So have offshore wind farms on the New Jersey and British coasts, and a green hydrogen project in an Italian port city. Climate projects around the world are sinking because of high borrowing costs driven by interest […]
Energy News Beat India, the world’s third-largest crude oil importer, expects to raise its refining capacity by around 1.12 million barrels per day (bpd) each year until 2028, according to India’s junior oil minister Rameswar Teli. Total Indian refining capacity is expected to increase by 22% in five years from the current 254 million metric […]
Energy News Beat HE the Finance Minister Ali bin Ahmed al-Kuwari said Qatar will account for about 40% of all new LNG supplies by 2029 and noted the country is providing the world with the “cleanest” hydrocarbon source of energy. He was speaking at a panel session at the Doha Forum Sunday. The minister spoke […]
Energy News Beat A major power grid operator that oversees electricity supplies across the mid-Atlantic repeated its warning that the looming shutdown of a coal-fired power plant in Baltimore will threaten the region’s grid reliability and may have devastating impacts on consumers. In a follow-up letter obtained by FOX Business this week, PJM Interconnection warned the shutdown […]
Energy News Beat BOSTON — After more than three years of considering the future of the natural gas industry in Massachusetts and what role it can play in the state’s efforts to significantly reduce its greenhouse gas emissions over the next three decades, the Department of Public Utilities issued an order Wednesday meant to signal […]
Energy News Beat South America’s offshore oil boom is set to make the region a major play in global oil markets, challenging OPEC’s dominance. The combined efforts of Guyana and Brazil alone are expected to add nearly three million barrels per day of oil production by the end of the decade. Brazil aims to boost […]
Energy News Beat It has become all too common in the media, especially every time another United Nations climate conference like COP28 takes place, to blame every problem on climate change. The media and their go-to climate pundits reach far and wide to connect whatever tragic event is trending in the news to the modest […]
Energy News Beat One of the biggest challenges with heating homes from renewable sources is the reliability of energy supplies during different seasons and types of weather – yet geothermal heat has much to offer. The main misconception about geothermal heat is that it is reliant on steam rising from geysers as famously seen in […]
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.
