Energy News Beat Delfin Midstream, the US developer of a floating LNG export project in the Gulf of Mexico, has signed a long-term liquefied natural gas supply deal with a unit of Geneva-based energy and LNG trader, Gunvor. Delfin LNG, a unit of Delfin Midstream, and Gunvor Singapore entered into the LNG sale and purchase […]
Energy News Beat LNG carrier operator CoolCo is still in talks with charterers to find work for two newbuild LNG vessels it purchased from its largest shareholder Eastern Pacific Shipping. “CoolCo continues to be in discussions with multiple potential charterers seeking employment for the newbuilds,” the firm said in its third-quarter report on Tuesday. CoolCo exercised […]
Energy News Beat Deliveries from the ConocoPhillips-operated Australia Pacific LNG plant on Curtis Island have been delayed as a loaded LNG tanker docked at the terminal’s jetty had lost power and was unable to leave, according to shareholder Origin. Origin, which is subject to a takeover offer from a consortium consisting of Canada’s Brookfield Asset Management […]
Energy News Beat Authored by John Cody via Remix News, Germany’s welfare system is being dragged down by the country’s growing immigrant population, with data from the country’s Federal Employment Agency showing that over six out of 10 welfare recipients deemed able to work are migrants. The country’s welfare system, once referred to as Hartz […]
Energy News Beat Yesterday, Deutsche Bank’s Jim Reid published his 2024 World Outlook titled “The race against time” (which we will discuss shortly), and which refers to the fact that funding has dried up or tightened considerably over the last couple of years for various parts of the economy as rates have risen. So can […]
Energy News Beat An unlikely collaboration between a Kentucky coalfield county and Kentucky’s largest city began when a former high school English teacher, Megan Downey, walked into the Lawrence County courthouse in Louisa in August. Inspired by a personal desire to find ways to tackle the impacts of climate change, Downey had launched a […]
Energy News Beat Biking within Black and Brown communities is complicated. While non-motorized transportation is an important tactic for reducing emissions, many people still associate biking with something that kids do — or think of it as the last resort for people who can’t afford cars. In BIPOC communities, that is compounded by external […]
Energy News Beat Yahoo Finance NEW YORK – Oil prices jumped over 2% on Tuesday on the possibility OPEC+ will extend or deepen supply cuts, a storm-related drop in Kazakh oil output and a weaker U.S. dollar. Brent crude futures were up $1.88, or 2.4%, at $81.86 a barrel by 11:03 a.m. EST (1603 GMT). U.S. […]
Energy News Beat The country’s competitiveness as an industrial location has been undermined, Michelin said French tire giant Michelin will slash over 1,500 jobs in Germany by 2025, as competition from lower-wage nations and soaring energy prices make production in Western Europe unprofitable. Michelin will fully shut down plants in Karlsruhe and Trier and discontinue […]
Energy News Beat Today LONDON :OPEC+ is looking at deepening oil production cuts despite its policy meeting being postponed to this Thursday amid a quota disagreement between some producers, an OPEC+ source said on Monday. Source: Reuters Several analysts have said they expect OPEC+ to extend or even deepen supply cuts into next year in […]
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.
