Energy News Beat World Oil (Bloomberg) – Argentina’s YPF SA surged the most on record following the election of outsider presidential candidate Javier Milei, who said he plans to privatize the state-owned oil and gas producer and remove controls stymieing the sector. Source: Reuters The driller’s American Depository Shares soared as much as 43%, the […]
Energy News Beat Oil Price An OPEC+ source told Reuters on Monday that the expanded cartel is considering bigger oil output cuts during its November 30 meeting, which was originally delayed for four days over a production quota dispute between OPEC leaders and African nations. Source: Reuters The unnamed OPEC+ source told Reuters he expected an option […]
Energy News Beat By Charles Kennedy of OilPrice.com Days after the International Energy Agency (IEA) said that the oil and gas industry faces “a moment of truth” in choosing between fueling climate change and becoming a part of the solution, OPEC criticized the agency for vilifying the industry and for playing down energy security and […]
Energy News Beat In a landmark decision, the Federal Energy Regulatory Commission in July ordered transmission providers to revise their interconnection rules to help ease a massive backlog of requests by generators and energy storage developers for permission to connect to the grid. While the new requirements are viewed as a major improvement, the Department of […]
Energy News Beat Electric reliability has been a hot topic lately — from congressional hearings to regulatory agencies and at the regional transmission organizations that run the electric grid in much of the country. The American electric grid is undergoing a major change, prodded by state and federal decarbonization policies, market forces pushing cheaper and cleaner […]
Energy News Beat MINNEAPOLIS–(BUSINESS WIRE)–Northern Oil and Gas, Inc. (NYSE: NOG) (“NOG” or “Company”) today announced two acquisition transactions. “After closing, our Permian lands will approach ~40,000 net acres and definitively become our most active and largest basin in terms of activity and production” NORTHERN DELAWARE BASIN TRANSACTION NOG has entered into a definitive agreement […]
Energy News Beat Six teenagers have gone on trial behind closed doors in connection with the beheading of French history teacher Samuel Paty. The murder, which shocked the country, took place in 2020 after the teacher had shown his pupils caricatures of the Prophet Muhammad in a class on freedom of expression. list of 4 […]
Energy News Beat Sweden, China, India, Russia, and others are changing from occasional electricity from renewables to fossil-free electricity from nuclear that is continuous and uninterruptible. American political leaders such as President Joe Biden and California Governor Gavin Newsom continue “to dream the impossible dream” that intermittent electricity from wind and solar can run the […]
Energy News Beat News|transport Polish truckers and farmers have started a blockade of one of the busiest border crossings with Ukraine, expanding a protest against what they say is unfair competition from Ukraine and demanding more government support. The Polish truckers and farmers began an around-the-clock blockade of the southeastern Medyka crossing on Monday. list […]
Energy News Beat News|Houthis The United States has said that a group of attackers who tried to seize an Israel-linked cargo ship over the weekend were probably Somali pirates rather than Houthi fighters from nearby Yemen. Speaking on Monday, Pentagon spokesman Brigadier General Patrick Ryder noted that the US has not ruled out a Houthi […]
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.
