Energy News Beat Oil Price Sustainability-linked loans, or SLLs, have only been around for a few years. In that short time, they have ballooned into a market worth $1.5 trillion. But now, as scrutiny comes for sustainability claims with no substance, that market faces a reckoning. And so do the banks that lent those money. […]
Energy News Beat World Oil (Bloomberg) – Oil executives are flocking to Venezuela to take advantage of lighter U.S. sanctions, even though there’s a risk that access to the world’s largest oil reserves might snap shut as quickly as it opened. Source: World Oil Companies including Shell Plc., Repsol SA, Hungary’s Mol Nyrt, Sweden’s Maha […]
Energy News Beat Nasdaq The Biden administration on Tuesday will auction off 35,000 acres (14,164 hectares) of land in Wyoming to oil and gas drillers, the first in a series of such sales that will coincide with a United Nations’ conference aimed at combating fossil fuel-driven climate change in Dubai. Source: Reuters The Interior Department’s […]
Energy News Beat Daily Standup Top Stories A New Type of Geothermal Power Plant Just Made the Internet a Little Greener November 28, 2023 Mariel Alumit Earlier this month, one corner of the internet got a little bit greener, thanks to a first-of-its-kind geothermal operation in the northern Nevada desert. Project Red, developed by a geothermal […]
Energy News Beat Chinese authorities have been keen to avoid a repeat of last year’s power shortages. Generally, China is certain that its winter power supply is guaranteed, but shortages could occur in the Yunnan province and Inner Mongolia. China will continue to provide high levels of coal volumes to ensure stability in power supply […]
Energy News Beat Earlier this month, one corner of the internet got a little bit greener, thanks to a first-of-its-kind geothermal operation in the northern Nevada desert. Project Red, developed by a geothermal startup called Fervo, began pushing electrons onto a local grid that includes data centers operated by Google. The search company invested in […]
Energy News Beat (Bloomberg) – Saudi Arabia is asking others in the OPEC coalition to reduce their oil production quotas in a bid to shore up global markets, but some members are resisting, delegates said. The OPEC leader has been making a largely unilateral production cutback of 1 MMbpd since July, and is now seeking […]
Energy News Beat We forecast the U.S. energy sector to emit about 4,790 million metric tons of carbon dioxide (CO2) in 2023, a 3% decrease from 2022. Much of this decline results from lower electricity generation from coal-fired power plants due to higher generation from renewable sources such as solar power. We expect this trend […]
Energy News Beat It’s been obvious for many years that electricity generation from the intermittent wind and sun would never work to power a modern economy. But how would the infeasibility of the proposed energy transition finally manifest itself to put an end to the madness? A couple of years ago I began writing about […]
Energy News Beat Premier Danielle Smith is conjuring up a new A-bomb to drop on the meddling of the Trudeau Liberals with Alberta’s power grid. This newly devised weapon is the key feature in Smith’s first use of the Sovereignty Within a United Canada Act, which she introduced on Monday in her bid to thwart […]
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.
