Energy News Beat BP has halted renewable investments, refocusing on oil and gas with asset sales and major projects after profits fell and investor pressure rose. BP has halted all investments in renewable energy as part of a “fundamental reset” of its strategy. [emphasis, links added] As part of a bid to refocus on fossil […]
Energy News Beat Industry is at loggerheads over whether to scrap the EU’s strict green hydrogen rules in the face of a flagging market ramp-up. Last year, Europe fell significantly short of its target to produce 6 million tonnes of green hydrogen. Industry holds out little hope of meeting a lofty EU target of […]
Energy News Beat ENB Pub Note: This article has some interesting points, but we will be following the India/U.S. conversations about tariffs and trade as India will be one of the largest global importers of LNG. And we know President Trump loves to move our energy dominance. The Indian leader’s trip comes on the heels […]
Energy News Beat Treasury Secretary Scott Bessent has personally delivered the US president’s demands to Ukrainian leader Vladimir Zelensky US President Donald Trump expects Treasury Secretary Scott Bessent, who visited Ukraine on Wednesday, to secure a deal ensuring Washington gets a return on the billions of dollars it has invested in aid to Kiev. Trump […]
Energy News Beat AsiaContainers APMT The Indian government has laid out plans to develop a brand new containerline. To be called Bharat Container Line, the new entity will have around 100 ships in its fleet, including ships on charter. Details as to when the liner will launch have yet to be revealed with officials saying […]
Energy News Beat EuropeOffshore Transocean Swiss-based offshore driller Transocean has won one new contract and one extension for two of its rigs. The first of those deals was awarded to the 2016-built Transocean Enabler semisub by Norwegian energy major Equinor. According to the company’s fleet status report, Equinor exercised a three-well option in Norway for […]
Energy News Beat Seatrium Singapore shipyard group Seatrium has signed a memorandum of understanding with energy giant BP for a second floating production unit project in the US Gulf of Mexico. Under the agreement, Seatrium would carry out the engineering, procurement, construction, and commissioning of an FPU for the Tiber project, located some 480 km […]
Energy News Beat Port of Felixstowe Taiwanese liner Evergreen has firmed up long-expected orders for ultra-large containerships, splashing out between $2.91bn and $3.25bn on a series of eleven 24,000 teu newbuildings at two shipyards. The new order has been spread between Hanwha Ocean and CSSC Guangzhou Shipyard International (GSI). The South Korean shipbuilder has won […]
Energy News Beat Daily Standup Top Stories US stuns European allies, opens Ukraine peace talks with Russia February 12, 2025 Mariel Alumit BRUSSELS – Donald Trump said on Wednesday he and Vladmir Putin had agreed to open talks to end Russia’s war in Ukraine “immediately”, after his defence secretary said it was “unrealistic” that Ukraine’s […]
Energy News Beat Researchers at Rutgers University-New Brunswick have developed an artificial intelligence (AI) tool that will help predict endangered whale habitats, guiding ships along the Atlantic coast to avoid them. The tool is designed to prevent deadly accidents and inform conservation strategies and responsible ocean development. Using an AI-powered computer program that learns 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.
