Energy News Beat The EU has significantly increased imports of Russian grain despite the bloc’s sanctions against the country, RIA Novosti reported on Saturday, citing statistics agency Eurostat. According to the report, in September the EU increased imports of Russian grain by 22% month-on-month to 180,000 tons, roughly ten times what had been bought from […]
Energy News Beat From kings to presidents, CEOs to non-profit bosses, many of the world’s most influential individuals have gathered in Dubai for COP28, the latest edition of the annual United Nations climate conference. Like every such summit, the Dubai conclave, too, has seen criticism, though a loss and damages fund was launched on the […]
Energy News Beat Oil and Gas 360 FRISCO, TX, Feb. 14, 2023 (GLOBE NEWSWIRE) — Comstock Resources, Inc. (“Comstock” or the “Company”) (NYSE: CRK) today reported financial and operating results for the quarter and year ended December 31, 2022. Highlights Generated free cash flow from operations of $673 million in 2022, including $129 million in the fourth quarter. Production in the fourth quarter increased 7% […]
Energy News Beat Nasdaq RIO DE JANEIRO – Brazil is expected to join the OPEC+ group of oil-producing countries in January but would not take part in the group’s coordinated output caps, the chief executive of state-run oil firm Petrobras PETR4.SA told Reuters. Source: Reuters The group’s surprising announcement on Thursday that the South American nation would join […]
Energy News Beat World Oil (Bloomberg) – Oil tycoon Tim Dunn has spent millions to try to influence Texas to lean toward his conservative politics. Now, as he considers bids for his drilling company that’s said to be valued at more than $10 billion amid a merger-mania in the shale patch, Dunn is poised for a windfall […]
Energy News Beat IER . Commentary Contact The Expert Key Takeaways 1 Auto dealers nationwide are asking President Biden for relief from onerous mileage regulations that are destroying their businesses. 2 The president is forcing auto makers to produce electric vehicles that are piling up at the dealerships, draining capital and driving up the cost […]
Energy News Beat Spain stepped up purchases of Russian natural gas in 2023, with imports expected to hit a historic high by year’s end, news outlet El Mundo reported on Friday, citing data from the country’s gas network operator Enagas. According to the report, Spain has so far purchased the equivalent of 60,770 gigawatt of […]
Energy News Beat New report from Consumer Reports found that electric vehicles have almost 80% more problems and are “generally less reliable” than conventional internal combustion engine cars. Good thing every major government around the world is subsidizing their use in the name of ‘climate change’, right? Even worse than electric vehicles were plug-in hybrid electric […]
Energy News Beat Indonesia is the world’s largest Muslim country, its fourth-most populous one in general, and is on pace to become the sixth-largest economy by 2027, which is why any potential change in its presently non-aligned foreign policy after February’s upcoming elections could have far-reaching implications for the New Cold War. Indonesia goes to […]
Energy News Beat TOKYO, Dec 1 (Reuters) – Japan’s power utilities on Friday called for an increase in the volume of the country’s strategic liquefied natural gas (LNG) buffer (SBL) to ensure a stable fuel supply amid lingering risk of supply disruptions due to heightened geopolitical risks. The world’s second biggest LNG buyer after China, Japan has […]
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.
