Energy News Beat Atlantic spot LNG freight rates dropped below $50,000 per day this week, while European and Asian prices also decreased compared to the week before. Last week, charter rates were almost flat after they rose in the week before for the first time since mid-November 2023. “The Spark30S Atlantic spot 174,000 cbm 2 Stroke […]
Energy News Beat US LNG exporting giant Cheniere is going “full steam ahead” with plans to expand its Sabine Pass and Corpus Christi LNG terminals despite a recent move by the Biden administration to pause pending decisions for LNG export terminals, according to Cheniere’s CEO, Jack Fusco. The Biden administration and the Department of Energy (DOE) […]
Energy News Beat China’s Zijin Mining Group announced on Friday that is going ahead with the second phase of a major expansion at its Julong copper project in Tibet, as it has received government approval. The permit will allow Zijin to increase the mine’s capacity to 350,000 tonnes per day by 2025. One Julong expansion is […]
Energy News Beat Chevron Chevron has gone to South Korea to upgrade a pair of LNG carriers. HD Hyundai Marine Solution has been chosen to add re-liquefaction systems, hull air lubrication and new gas compressors to the gas carriers. Chevron’s LNG fleet were all built at Samsung Heavy Industries and started delivering around 10 years […]
Energy News Beat ENB Pub Note: The sad part about this story from Fox News is that the Biden Administration has allowed the United States to be defenseless to these cyber and physical attacks. Between the open border and the grid components I have been talking about for two years from China, and just recently, […]
Energy News Beat The invention that will change the automotive industry forever: this is how you can turn your diesel car into a hybrid BMW is ready to say goodbye to electric cars: They are preparing to launch their new hydrogen car New license plates are coming to the US – This is how they […]
Energy News Beat Steve Reese stopped by the NAPE Podcast Pavillion, and this interview was fun, personal, and truly has some insights into the Energy Markets. He has been on the podcast several times, and they have always garnered great feedback (and selfishly large volume). It is fun when you can have the opportunity to […]
Energy News Beat A federal appeals court on Wednesday axed an Obama-era moratorium on new coal mine leasing on public lands. It did so by overturning a ruling from 2022 that revived the Obama-era freeze on auctioning off federally owned lands for coal mining. In 2022, a lower court ruled that in ending the coal leasing pause, the […]
Energy News Beat Industrial companies are searching for ways to make steel, cement and chemicals without burning fossil fuels. Some of the world’s biggest investors are betting a fast-developing battery that stores heat can solve the problem. BlackRock , Saudi Aramco and Rio Tinto RIO -0.67%decrease; red down pointing triangle headline a group of financiers pouring hundreds of millions of dollars into startups […]
Energy News Beat SM Bluebird at the Sabine Pass LNG terminal (Image: Cheniere Energy) US LNG exporting giant Cheniere reported a 39 percent drop in its 2023 revenue due to lower prices, while its net profit jumped compared to the year before. The owner of the Sabine Pass and Corpus Christi LNG export terminals said […]
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.
