Energy News Beat ENB Pub Note: An excellent article from Bloomberg. Although the first line says “The first Russian oil tanker attempting to deliver crude while under US sanctions”… this is not factual, as Russia has been increasing production and exports for the last two years and is up 73% over the last 3 months. […]
Energy News Beat State-owned German LNG terminal operator DET expects to receive the first cargo at its FSRU-based LNG import terminal in Stade in the second half of this year. In March, the 2021-built 174,000-cbm FSRU, Energos Force, owned by Apollo’s Energos Infrastructure, arrived at the AVG jetty in Germany’s Stade. DET says the FSRU […]
Energy News Beat In diplomacy, what’s left unsaid often matters more than what’s said. After Chinese President Xi Jinping met the king of Saudi Arabia in December, both nations issued lengthy readouts extolling the burgeoning Saudi-Sino relationship in “all fields.” But in more than 5,000 words, the statements were silent on the much-hyped idea of using the […]
Energy News Beat (Bloomberg) – Months after UN-led climate talks, the demand for natural gas from the host of this year’s COP29 is growing in Europe and elsewhere. Azerbaijan, which has the presidency of the 29th United Nations’ Conference of the Parties, exported almost 24 Bcm of natural gas in 2023 with half of the […]
Energy News Beat Green parties were on track to lose seats in the European Parliament elections, provisional results showed Monday, sparking concerns that the bloc may be on the brink of scaling back its climate policies. The left-leaning Greens/European Free Alliance were set to win 52 seats in the legislative branch of the 27-member trade bloc, according […]
Energy News Beat A Houston company will construct the largest new refinery in the last 50 years in Brownsville, Texas. Element Fuel Holdings LLC is spending between $3 and $4 billion on the project, which will produce more than 160,000 barrels per day of gasoline, diesel, and jet fuel from shale oil production, according to a report by […]
Energy News Beat Belgium’s Fluxys is offering long-term capacity for 2027-2044 at its LNG import facility in the port of Zeebrugge. In operation since 1987, the LNG terminal is located in the outer port of Zeebrugge and currently has five tanks with a capacity of 566,000 cbm. Fluxys is expanding the facility and it already increased the […]
Energy News Beat Spanish liquefied natural gas (LNG) imports and reloads decreased in May compared to the same month last year. Russia and the US were the biggest LNG suppliers to Spain in May, according to Enagas. LNG imports decreased by 30.6 percent year-on-year to about 17.1 TWh in May and accounted for 61.1 percent […]
Energy News Beat The Liberal Democrats have launched their manifesto, emphasising the urgency of addressing climate change and reducing energy bills. The party describes climate change as an existential threat, citing rising temperatures, wildfires, floods, droughts and sea levels affecting millions globally. They argue that immediate action is essential both in the UK and worldwide […]
Energy News Beat Daily Standup Top Stories Shell plans job cuts in offshore wind business as CEO refocuses on oil and gas May 29, 2024 Mariel Alumit (Bloomberg) – Shell Plc is preparing to cut staff from its offshore wind business as Chief Executive Officer Wael Sawan moves the company away from the capital-intensive renewable energy […]
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.
