Energy News Beat Texas leads the nation in clean and renewable energy production, and it’s largely due to its geography, federal energy subsidies, deregulated energy market and state-run energy grid. Texas is one the leading US energy producers — and renewables are a big reason why. Traditionally considered to be “oil country,” Texas continues to have a […]
Energy News Beat Takeover chatter dominated trading rooms as speculation swirled that BP could be a target this year amid chaos at the oil giant. Rumours that rival energy major Shell could be a candidate for a mega-merger with BP went into overdrive in the City. US firm Chevron, which bought competitor Hess for £42bn last […]
Energy News Beat Minerals Deal Evaluation: A Comprehensive Guide and Live Analysis Michael and Stu take a look at a Minerals deal and analyze the asking price, and show how fast you can look at a minerals deal. A shout out to EnergyNet, an acquisition and divestment platform for the land energy industry. https://www.energynet.com/ We […]
Energy News Beat Southwestern Energy SWN 7.34%increase; green up pointing triangle and Chesapeake Energy CHK 2.91%increase; green up pointing triangle are close to a merger that would create a roughly $17 billion company ranking as one of the largest natural-gas producers in the U.S. A deal could come together as soon as next week, according to people familiar with the situation, […]
Energy News Beat (Bloomberg) — A natural gas terminal that’s been operating for more than half a century has been a crucial safeguard against blackouts when bone-chilling cold hits the US Northeast. In less than five months, it’s slated to shut forever. The Everett gas import plant near Boston is at risk of closing in […]
Energy News Beat IER . Commentary Contact The Expert Key Takeaways 1 January 1 marks the beginning of California’s mandate that all new trucks registered must be powered by batteries or hydrogen. 2 The rule will cover some 1.8 million trucks, as California has the largest fleet in the nation. 3 Electric trucks cost 50 […]
Energy News Beat Exxon estimated taking a $2.4 billion to $2.6 billion impairment to oil and gas properties along the Southern California coast. Sable Offshore, a company created in 2020, agreed more than a year ago to pay $643 million for the assets. “Continuing challenges in the state regulatory environment have impeded progress in restoring […]
Energy News Beat Analysts polled by the news agency expect GDP to turn sluggish due to high interest rates The Russian economy will inevitably slow down in 2024 due to tight monetary policies pursued by the central bank, RIA Novosti reported on Saturday, citing a consensus outlook for the Russia’s GDP growth. Gross domestic product […]
Energy News Beat SINGAPORE, Jan 5 (Reuters) – China’s oil trade with Iran has stalled as Tehran withholds shipments and demands higher prices from its top client, tightening cheap supply for the world’s biggest crude importer, refinery and trade sources said. The cutback in Iranian oil, which makes up some 10% of China’s crude imports […]
Energy News Beat Since the start of the Russia-Ukraine war in February 2022, energy trade (especially oil) between Russia and India has increased unexpectedly. Before the beginning of the war, India’s share of Russian oil imports was only one percent of its total oil imports. But in one year, the share of Russian oil in […]
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.
