Energy News Beat (WO) – Western Energy Alliance won a significant victory in court last Friday as the U.S. District Court for the District of Columbia upheld the first onshore oil and gas lease sales of the Biden administration, held in June 2022. Judge Christopher Copper ruled in favor of the Bureau of Land Management’s […]
Energy News Beat French lender Credit Agricole has declared it will no longer finance the Rovuma LNG project in Mozambique and the Papua LNG project in Papua New Guinea. The bank cited its commitments to reduce exposure to the oil and gas industry as the basis for its decision, according to a Reuters report on the news. […]
Energy News Beat HOUSTON — As president, Donald Trump vowed to unleash American “energy dominance,” while on the campaign trail, he has summarized his energy policies with the slogan “drill, baby, drill.” Yet a possible Trump victory in the 2024 election is not delighting oil and gas executives as much as one might expect, according to interviews with several industry leaders at […]
Energy News Beat “In Texas, ex-oil and gas workers champion geothermal energy as a replacement for fossil-fueled power plants” was first published by The Texas Tribune, a nonprofit, nonpartisan media organization that informs Texans — and engages with them — about public policy, politics, government and statewide issues. STARR COUNTY — In 2009, on a […]
Energy News Beat The Tennessee State Senate has taken a definitive stance against the controversial topic of “chemtrails” by passing SB 2691/HB 2063. The bill, which aims to ban the intentional release of chemicals into the atmosphere for geoengineering purposes, was sponsored by Representative Monty Fritts (R-Kingston) and Senator Steve Southerland (R-Morristown) and won approval in […]
Energy News Beat Wind farm operators face an investigation into claims that they overcharged by £100million last year alone when asked to switch off turbines to cut excess power to the grid. The cost – which is likely to have been added to consumer bills – has been highlighted by the Renewable Energy Foundation and is […]
Energy News Beat Neil Chatterjee is a former chairman at FERC and is now a board member at Ampacimon and senior advisor, global regulatory, at Hogan Lovells. The electric transmission grid is the limiting factor for economic development in many communities across America. Energy communities looking to build generation and export power are discovering that […]
Energy News Beat HOUSTON, Texas — Australia’s Woodside Energy Group plans to significantly step up liquefied natural gas (LNG) purchases from North America, as rising costs and other issues make procurement in its home market more challenging. The company currently procures LNG from a project in Texas, and plans to start buying from Louisiana in […]
Energy News Beat Fincantieri Three well-known names in Italian maritime are joining forces to develop joint initiatives for the energy transition. Energy major Eni is partnering with Fincantieri, Italy’s top shipbuilder, as well as RINA, the Italian classification society, to push maritime towards net zero by 2050. Giuseppe Ricci, chief operating officer for energy evolution […]
Energy News Beat Daily Standup Top Stories Oil Demand Outpaces Expectations, Testing Calculus on Peak Crude March 25, 2024 Mariel Alumit The world is using more oil than ever and demand is outpacing expectations again this year, raising questions about how soon global consumption will peak. The unabated thirst for crude contributed to an increasingly confident […] […]
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.
