Energy News Beat Israel has rushed warships to the Red Sea, where US naval assets are also patrolling, after Yemen’s Houthis declared “war” earlier this week. The Houthis had also reportedly launched a ballistic missile at Israel, and released a video showing the launch. In total the Houthis are believed to have attempted three drone and […]
Energy News Beat This article was produced in partnership with Planet Detroit. A new community center in Detroit’s Jefferson Chalmers neighborhood is also a key part of the city’s climate strategy. The Community Center at A. B. Ford Park is part of the first three networks of resiliency hubs on the eastside of Detroit. […]
Energy News Beat The West’s sanctions proposals against Russia are becoming increasingly absurd, President Vladimir Putin said on Wednesday during a televised government meeting on economic issues. Earlier this month, Lithuania suggested including an embargo on buttons, nails, and sewing appliances in the 12th round of EU sanctions against Russia, which is currently being debated […]
Energy News Beat Oil Price The U.S. gasoline crack spread – a leading refining profitability indicator – slumped in October to the lowest level in nearly three years amid seasonally weaker American gasoline demand and the switch to the cheaper winter-grade gasoline, the Energy Information Administration said on Wednesday. Source: Reuters In October, the crack spread, or […]
Energy News Beat Oil and Gas 360 Calgary, Alberta–(Newsfile Corp. – October 31, 2023) – Pine Cliff Energy Ltd. (TSX: PNE) (OTCQX: PIFYF) (“Pine Cliff” or the “Company“) is pleased to announce that it has entered into a definitive agreement (the “Agreement“) to offer to acquire all of the issued and outstanding common shares (the “Common Shares“) of […]
Energy News Beat Weekly Crude Oil Storage as of October 27, 2023 Click for EnerCom Analytics Dashboard. U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 0.8 million barrels from the previous week. At 421.9 million barrels, U.S. crude oil inventories are about 5% below the five year average for […]
Energy News Beat World Oil (WO) – Zephyr Energy plc provided updates on its non-operated asset portfolio in the Williston basin, North Dakota, U.S. In December 2022, the company announced that it had acquired a working-interest in six recently spudded wells operated by Slawson Exploration Company. The working interests acquired range from 11% to 32%. Zephyr’s […]
Energy News Beat Oil Price The U.S. offshore wind industry is “fundamentally broken” and needs a reset, a clean energy executive at supermajor BP said at the FT Energy Transition summit on Wednesday. But the regulatory and permitting environment for the industry can be fixed, Anja-Isabel Dotzenrath, head of Gas and Low Carbon Energy at BP, […]
Energy News Beat The G7 and EU have imposed a $60 per barrel price ceiling mechanism in an effort to curtail Moscow’s energy revenues The average price of Russia’s flagship Urals blend of crude oil was $81.52 a barrel in October, the Ministry of Finance reported on Wednesday, 35% above the $60 price cap imposed […]
Energy News Beat Daily Standup Top Stories Russia’s Oil Exports Climb Despite Its Commitment To Cut Supply November 1, 2023 Mariel Alumit By Tsvetana Paraskova of OilPrice.com Russia’s crude oil exports by sea have been exceeding the country’s targeted export reductions as part of the OPEC+ pact for weeks, with the most recent week’s observed shipments […]
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.
