Energy News Beat Dry CargoEurope Greek dry bulk owner Diligent Holdings has sold its last handysize and now is focused on just the supramax sector. Medsea from Lebanon has paid $10m to take the 2007-built, 35,000 dwt Bliss bulk carrier (pictured) leaving Athens-based Diligent with a fleet solely made up of Japanese and Japanese-affiliated supramaxes. Diligent […]
Energy News Beat By Wolf Richter for WOLF STREET. Retail sales rose by 0.45% in December from November (+5.5% annualized), and November and October were revised higher – October from +0.46% to +0.56%, and November from +0.69% to +0.77% – and it’s on top of these upwardly revised sales that December sales grew by another 0.45%, all seasonally adjusted. […]
Energy News Beat The US President-elect’s advisers are reportedly considering easing restrictions on Russian energy depending on how Ukraine peace talks go Advisers to US President-elect Donald Trump are developing a strategy to push Russia-Ukraine peace talks which could involve easing sanctions on Moscow, Bloomberg reported on Thursday, citing sources familiar with Trump’s plans. Last week, incumbent […]
Energy News Beat Trump’s Treasury nominee Scott Bessent dismantled the Democrats’ talking points against fossil fuels, noting China was in an ‘energy race’ and winning. A confirmation hearing exchange between Sen. Ron Wyden (D-OR) and Treasury Secretary Nominee Scott Bessent is highlighting a sharp contrast between Democratic and Republican energy policy. [emphasis, links added] […]
Energy News Beat Chris Wright, Trump’s energy pick, faced questions on climate change, wildfires, and Biden’s green agenda, amid protests and partisan tensions. Lawmakers questioned President-elect Trump’s energy secretary on climate change, the Los Angeles wildfires, and the Biden administration’s green energy agenda during his nomination hearing, which saw disruptions from several climate protesters. […]
Energy News Beat Reviving a Soviet-era project, the Ukrainian parliament has authorised the purchase of two Russian nuclear reactors from Bulgaria. On Thursday, the energy committee of the Ukrainian parliament voted in favour of a law which ostensibly aims to improve the business environment in the country – but which also contained a last-minute […]
Energy News Beat Localization of production is expected to allow Chinese EV makers to avoid EU import tariffs Chinese officials and car manufacturers could buy German factories that are expected to shut down, and are particularly interested in plants belonging to Volkswagen, according to a source with knowledge of Beijing’s assessment of the situation, as […]
Energy News Beat Following the recent alleged attempt by the Ukrainian special services to attack the TurkStream pipeline in Russia, Bulgaria has taken measures to secure Balkan Stream, a continuation of the same pipeline that delivers gas to customers in Europe. Bulgaria has stepped up surveillance and security at sites of its critical energy […]
Energy News Beat NUUK, Greenland – US President-elect Donald Trump did not withdraw his previous threat of targeted tariffs on Danish goods in a phone call with Prime Minister Mette Frederiksen, as his desire for control of Greenland shows no sign of abating. The 45-minute conversation between Trump and Frederiksen on Wednesday was focused […]
Energy News Beat ENB Pub Note: The International Renewal Energy Agency (IRENA) says we need to double the amount to hit Net Zero. News Flash: We will never hit Net Zero with the current technology, and the amount of money will just cause a financial crisis of biblical proportions. We have found the more money […]
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.
