Energy News Beat MADRID, Nov 3 (Reuters) – One of Spain’s top business lobby groups called for extending the use of the country’s nuclear plants on Friday, that the government led by acting Prime Minister Pedro Sanchez plans to start closing down from 2027. The fate of Spain’s nuclear fleet became a hot issue during the recent […]
Energy News Beat If you have not heard about the rise of geopolitics over the past year, where have you been hiding? So now I want to complicate your lives further and introduce you to its lesser-known but arguably even more important cousin: geoeconomics. Another fancy name for a nebulous concept that boffins regularly confuse […]
Energy News Beat The Israel-Hamas war has not significantly impacted Mideast oil and gas flows so far, but critical energy infrastructure such as the Arab Gas Pipeline (AGP) is being watched closely. The pipeline connects Egypt with Jordan and gas shipments via AGP have been disrupted in the past by attacks in the Sinai Peninsula. Jordan […]
Energy News Beat (MENAFN) China National Petroleum Corporation (CNPC) Vice President, Xie Jun, has disclosed that Russian energy giant Gazprom is collaborating with China to fast-track the implementation of a new gas supply route known as the Far Eastern route. This initiative aims to deliver Russian natural gas to China from the offshore reserves near […]
Energy News Beat More natural gas facilities than ever will be firing in Southeast Asia almost two decades from now, according to a report by Singapore-based research firm Asia Research & Engagement (ARE). Led by Thailand, Indonesia and Singapore, the region currently has liquified natural gas (LNG) facilities operating at a capacity of 45 million tonnes per annum (Mtpa), which release […]
Energy News Beat U.S.-headquartered oil and gas exploration and production company Kosmos Energy has boosted its working interest and taken the operatorship helm of giant gas discoveries offshore Senegal, after BP’s withdrawal from the field. This is subject to customary government approvals and will assist the American firm in advancing significant future natural gas and LNG […]
Energy News Beat Shell PLC’s capital deployment strategy favors repurchasing company stocks more than absorbing rivals, chief executive officer (CEO) Wael Sawan has said, in contrast to USA competitors Chevron Corp. and Exxon Mobil Corp. Reporting a 23 percent quarter-on-quarter increase in adjusted earnings to $6.2 billion for the third quarter, the British energy giant […]
Energy News Beat This investigation was done in collaboration with Environmental Progress and The Blind Spot Last August, in an amalgamation of “The Green New Deal” meets “Build Back Better,” President Joe Biden’s Inflation Reduction Act gifted the renewables industry with billions of dollars worth of taxpayer-funded subsidies. What few backing the bill realized was that the largest beneficiary would likely […]
Energy News Beat (The Center Square) – The complete costs of “fueling” an electric vehicle for 10 years are $17.33 per equivalent gallon of gasoline, a new analysis from the Texas Public Policy Foundation says. The study authors say the $1.21 cost-per-gallon equivalent of charging a car cited by EV advocates excludes the real costs born by […]
Energy News Beat Xcel Energy is dedicating a bigger share of its Minnesota solar incentives to lower-income customers in response to a new state law. Since launching in 2014, Solar Rewards has provided financial incentives to help thousands of Minnesota homeowners pay for small solar installations. Over the past five years, state lawmakers, regulators, […]
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.
