Energy News Beat For decades, the fruits of the fracking revolution, plus our newly minted status as the world’s top net exporter of natural gas, demonstrated that American consumers were swimming in bountiful energy. But as the pandemic effects of supply chain shortages, the war in Ukraine, and higher government spending gave way to inflation hikes, suddenly […]
Energy News Beat The modern American version of “the environmental emperor has no clothes” until now has been the rise and fall of Enron. As former Ken Lay speechwriter Robert Bradley, Jr., says, “(T)he cause of Enron’s financial bankruptcy were at root philosophical…. Enron’s leaders were certainly engaged in massive philosophical fraud – an attempt to cheat reality […]
Energy News Beat When an Appalachian-based company begins operations at a Wyoming coal mining site late this year, the energy and enthusiasm around the work may focus more on its energy transition potential than old-school fossil fuel. Ramaco Resources has its board approval to begin work at the Brook Mine property in Sheridan, Wyoming this […]
Energy News Beat Wall Street rushed to embrace sustainable investing just a few years ago. Now it is quietly closing funds or scrubbing their names after disappointing returns that have investors cashing out billions. The about-face comes after tightened regulatory oversight, higher interest rates that have slammed clean-energy stocks and a backlash that has made […]
Energy News Beat Golar LNG has announced that the FLNG Gimi has departed Singapore’s Seatrium Shipyard and is now sailing under its own propulsion, supported by an escort tug, toward BP’s purpose-built Greater Tortue Ahmeyim (GTA) hub offshore Mauritania and Senegal. The voyage is expected to take around 60 days, including refuelling stops in Mauritius prior to rounding the Cape of Good […]
Energy News Beat Dive Brief: Boston is pulling out of the race to be one of the 10 Massachusetts cities and towns allowed to ban fossil fuels in new construction through a state pilot program, Mayor Michelle Wu told The Boston Globe last week. Wu said she’d gotten “clear indications” that Boston would not be selected for the […]
Energy News Beat Tokyo Electric Power Holdings is accelerating preparations for the restart of the Kashiwazaki-Kariwa nuclear power station in Niigata Prefecture. In the face of escalating fuel costs, restarting nuclear power stations is deemed crucial to stabilizing performance and maintaining a stable power supply. This move holds significant importance for the country’s energy policy as it strives […]
Energy News Beat The last time European petrochemical plants processed so little of their favorite feedstock, Sweden’s ABBA was the most popular band on the continent, and the Fall of Saigon had marked the end of the Vietnam War. It was 1975, and the region was still licking its wounds after the first oil crisis. […]
Energy News Beat The US State Department confirmed this week that it has the authority to revoke the visas of foreign nationals who express support for Hamas while living in the US. The announcement said it has “broad authority under the INA [Immigration and Nationality Act] to revoke visas” – contained in a letter issued […]
Energy News Beat China’s Hudong-Zhonghua has kicked off the construction of a new series of 23,000-teu LNG dual-fuel containerships for French shipping giant CMA CGM. The shipbuilder held the steel cutting-ceremony on November 17 for the vessel with a working name H1904A on November 17. Hudong-Zhonghua said this is the first of four 23,000-teu vessels […]
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.
