Energy News Beat Spot liquefied natural gas freight rates and European LNG prices fell this week when compared to the week before, according to Spark Commodities. Last week, LNG freight rates were almost flat. The Spark30S Atlantic decreased by $500 to $160,250 per day, whilst the Spark25S Pacific increased by $250 to $152,000 per day. “LNG […]
Energy News Beat US liquefaction plants shipped 24 liquefied natural gas (LNG) cargoes in the week ending November 29, while natural gas deliveries to these terminals dropped by 0.6 percent compared to the week before. The EIA said in its weekly report, citing shipping data provided by Bloomberg Finance, that the total capacity of these […]
Energy News Beat On November 24, more than two years after Taliban fighters drove into Kabul to reclaim control over Afghanistan, a key, lasting outpost of the government they had overthrown shut down 1,000km (600 miles) away, in the Indian capital of New Delhi. Afghanistan’s diplomatic mission in India, led by former ambassador Farid Mamundzay, […]
Energy News Beat The OPEC+ group of major oil-producing countries led by Russia and Saudi Arabia agreed to deepen production cuts to about 2.2 million barrels per day (bpd) at a meeting on Thursday, according to a statement from the delegates. The group, which accounts for over 40% of global crude production, met to discuss […]
Energy News Beat (Bloomberg) – Occidental Petroleum Corp. is in talks to buy shale driller CrownRock LP, according to the Wall Street Journal, as the consolidation wave in North America’s most prolific oil field gathers momentum. A deal for CrownRock could be valued above $10 billion including debt and could come together soon, the newspaper […]
Energy News Beat Editor’s note: This story was originally published by Yale Environment 360. It appears here as part of the Climate Desk collaboration. When the world convenes in the United Arab Emirates for the next round of the endless climate slog, much attention will be paid to the pledges of individual nations to cut their emissions. This […]
Energy News Beat (WO) – Northeast Natural Energy, a West Virginia-based Marcellus shale natural gas producer, has just become the first producer globally to receive an “A” letter grade from Equitable Origin (EO) for the ESG performance of its West Virginia assets. This was the result of a voluntary reverification audit conducted by Responsible Energy […]
Energy News Beat The economic toll of extreme weather has grown substantially, according to a World Meteorological Organization report. Extreme weather events and climate-related disasters have caused significant economic losses, reaching nearly $1.5 trillion in the decade to 2019. The international system has struggled to make the required progress on climate change, according to the […]
Energy News BeatThe spectacle of another annual climate conference is getting underway in the United Arab Emirates (Nov 30 – Dec 12). Like Kabuki theater, performative set pieces lead from one to the other: politicians and celebrities arrive by private jets; speakers predict imminent doom; hectoring NGOs cast blame; political negotiations become fraught and inevitably […]
Energy News Beat Global investments in trendy sustainability assets shrank by nearly $5 trillion over two years, researchers say, as US and other financiers soured on investments seen as risky and opaque. In its biannual assessment, the Global Sustainable Investment Alliance (GSIA) said on Wednesday that investors had $30.3 trillion in sustainable assets in 2022, down from […]
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.
