Energy News Beat China, the world’s top importer of liquefied natural gas (LNG), is increasingly re-selling some of the super-chilled fuel to other Asian buyers as it looks to profit from price swings. Armed with a growing portfolio of long-term supply deals recently struck with Qatar and U.S. exporters, as well as extensive terminal capacity, […]
Energy News Beat European oil majors have asked a cross-Atlantic government task force to intervene in a dispute with Venture Global LNG Inc., warning that the US supplier “reneging” on contracts to supply liquefied natural gas threatens Europe’s energy security and undermines the US as a reliable supplier. In separate letters, Shell Plc and BP […]
Energy News Beat The majority of US voters are dissatisfied with President Joe Biden’s economic policies, the Financial Times reported on Monday, citing the latest monthly poll conducted by the Global Strategy Group and North Star Opinion Research. According to the findings, some 61% of respondents said they disapproved of Biden’s handling of the economy, […]
Energy News Beat When Jenny Van Sickle was elected to the Superior, Wisconsin, City Council in 2017, she joked that the first two calls she got were from her mother and representatives of the Nemadji Trail Energy Center, a proposed 625-megawatt combined-cycle gas-fired power plant planned for a site on the Nemadji River adjacent […]
Energy News Beat Russia delivered a record amount of crude to Brazil in October, becoming the country’s third-largest supplier, RIA Novosti reported on Friday citing statistics. The Latin American country resumed crude imports from Russia in September after a two-year halt, the outlet said. Moscow exported 207,000 tons of crude worth $133 million […]
Energy News Beat Authored by Tsvetana Paraskova via OilPrice.com, Traders have begun withdrawing natural gas from Europe’s record-high inventories this week as the weather turned colder and heating demand rose. The gas storage sites in the EU were 99.57% full as of November 8, according to data from Gas Infrastructure Europe. In the past few days, most […]
Energy News Beat Energy giants Shell and BP have asked the U.S.-EU Task Force on Energy Security to intervene in a dispute with Venture Global LNG over the launch of commercial operations at the latter’s Calcasieu Pass plant. Calcasieu Pass produced its first LNG on January 19, 2022, moving from FID to LNG production in 29 months, […]
Energy News Beat Authored by Pepe Escobar, The spectacular “success” of Kiev’s counter-offensive, which echoed throughout the geopolitical galaxy, has predictably engendered what everyone with a brain was expecting: a dogfight… Enter the Zelensky-Zaluzhny Show – especially after the commander-in-chief of the Armed Forces of Ukraine (AFU) admitted on the record that the war has […]
Energy News Beat Daily Standup Top Stories Explainer: Iran’s expanding oil trade with top buyer China November 11, 2023 Allen Santos Nov 10 (Reuters) – China’s oil imports from Iran have hit record highs as Iran ramps up output despite the threat of further U.S. sanctions. Existing sanctions were implemented over Iran’s nuclear programme, and U.S. […] […]
Energy News Beat Irina Slav, Energy Writer, is a great friend and inspiration to me on energy and writing. This podcast with Irina is no different; There is a significant movement in the global energy transition due to unsustainable renewable energy. The world cannot print money to go to war and support renewable energy. Please […]
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.
