Energy News Beat [[{“value”:” The following commentary was written by Laura Sherman, president of the Michigan Energy Innovation Business Council. See our commentary guidelines for more information. Last year, Michigan got attention as the first Midwestern state to adopt an energy storage standard. Energy storage is essential for the clean energy transition because it allows clean electricity […]
Energy News Beat Since the previous Tory government introduced a windfall profit tax on the energy industry back in 2022, oil and gas output from the North Sea has declined by 10%. Instead of supporting the development of the country’s own energy resources, the Keir Starmer government is prioritizing the shift away from North Sea […]
Energy News Beat Oil prices are set to post a weekly gain as geopolitical uncertainty remains a central focus of oil traders, but a strong dollar and a large U.S. inventory build are holding Brent and WTI back. Friday, October 25th, 2024 The elevation of the Israel-Iran conflict into the main oil market narrative for October […]
Energy News Beat Lithium in a Smackover Formation could provide nine times the global demand for EV batteries The lithium deposits could be the key to U.S. battery production Lithium mining was extensive in North Carolina until the 1980s A lithium deposit located in southwestern Arkansas could hold enough of the metal to satisfy global EV battery […]
Energy News Beat Daily Standup Top Stories Bill Ackman on Squawk Box has a fantastic interview and perspective on our election. October 23, 2024 Stu Turley ENB Pub Note: The following is copied from @BillAckman’s X account and the interview he just had on CNBC Squawk Box. – He articulates critical reasons for why a Democrat […]
Energy News Beat The Biden-Harris administration is allegedly covering up an internal study conducted in 2023 that would have rendered its moratorium on natural gas projects unnecessary, according to leaders on the House Oversight and Accountability Committee. The White House and the Department of Energy paused permitting for liquefied natural gas export projects in January—a policy critics […]
Energy News Beat ENB Pub Note: The following is copied from @BillAckman’s X account and the interview he just had on CNBC Squawk Box. – He articulates critical reasons for why a Democrat should vote for President Trump. Bill’s points are spot on, and the actions of the current administration, from banning LNG exports to […]
Energy News Beat Aramco CEO Amin Nasser is optimistic about China’s oil demand, particularly in the chemical and aviation fuel sectors. Nasser believes that the global energy transition is happening slower than anticipated and that oil demand will remain strong for decades, driven by the Global South. He warns against relying too heavily on predictions […]
Energy News Beat Goldman Sachs predicts average oil prices of $76 per barrel in 2025 due to sufficient global spare capacity. The forecast sees limited upside potential due to high spare capacity and potential trade tariffs. Despite undisrupted Iranian oil production, Goldman Sachs warns a 2025 supply glut isn’t guaranteed, with geopolitical risks remaining a […]
Energy News Beat All that BRICS does is gather together some of the world’s largest economies like China and India, key energy players like Russia and the UAE, and some of the world’s most promising emerging economies like Brazil and Ethiopia for voluntarily coordinating their efforts to reform the global financial system. The Washington Post’s […]
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.
