Energy News Beat London-based Watson Farley & Williams (WFW), who advised Honduras-based Genesis Energias on the chartering of Knutsen’s LNG carrier Bilbao Knutsen, revealed the deal in a statement on Thursday. WFW said the 2004-built LNG carrier shall be used as an LNG floating storage unit for the loading, storage, and discharging of LNG as […]
Energy News Beat Data from the Directorate General of Customs shows that the country received 19.72 million tonnes of LNG during the period. This is up by 8.1 percent year-on-year compared to 18.24 million mt in January-November last year. The data shows that most of these LNG supplies came from Australia (7.32 million mt), Qatar […]
Energy News Beat 19 Metros below 2022 peaks: Austin -22%, San Francisco -10%, Phoenix -9%, San Antonio -8%, Denver -7%, Salt Lake City -6%, Sacramento -6%, Portland -6%, Dallas -6%, Seattle -5%, Honolulu -5%… By Wolf Richter for WOLF STREET. The dynamics in the housing market are now sort of messy: The lowest demand for existing homes since 1995 […]
Energy News Beat Norway’s ruling party and the opposition party leading in the polls ahead of next year’s election plan to campaign for cutting off an interconnector with Denmark and renegotiate electricity interconnections with the EU and the UK as Norwegian power prices have soared to multi-year highs. While not a part of the European […]
Energy News Beat In case you missed it the other day, the Municipal District of Greenview, in west-central Alberta, announced some rather huge plans: to develop the “world’s largest AI Data Centre industrial Park”. The potential total value of the project could exceed a staggering $70 billion. This might, just might, be the tip of […]
Energy News Beat The problem is in services, which account for 67% of PPI. But goods prices are re-accelerating too. The whole inflation scenario has changed. By Wolf Richter for WOLF STREET. The prior months’ data of the Producer Price Index were revised substantially higher today, powered by whoppers of upward revisions in the PPI for services, something […]
Energy News Beat The following commentary was written by Carrie Zalewski, former Chair of the Illinois Commerce Commission and currently vice president of markets and transmission at the American Clean Power Association; and Brent Bailey, former Mississippi Public Service Commissioner and current vice president of operations at Efficient Power & Light LLC. See our commentary […]
Energy News Beat California has long led the way on electric vehicles, but another Western state is challenging the Golden State’s top spot. Between July and September, nearly 25 percent of the vehicles registered in Colorado were electric or plug-in hybrids. In California, that figure was just over 24 percent. It’s not enough to crown Colorado the new undisputed leader […]
Energy News Beat Data source: U.S. Energy Information Administration and Argentina Ministry of Energy (Secretaría de Energía de la República Argentina [SESCO]) Crude oil and natural gas production in Argentina are both nearing record highs, driven by increasing output from the Vaca Muerta shale formation, which is offsetting declining output from conventional oil and natural gas fields. From January […]
Energy News Beat ENB Pub Note: President Trump needs to put an updated Executive Order 13929 that he had implemented, and Biden terminated that Executive Order. That order “prohibits the acquisition or installation of “any bulk-power electric equipment designed, developed, manufactured, or supplied, by persons owned by, controlled by, or subject to the jurisdiction of […]
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.
