Energy News Beat South Yorkshire has been chosen as the site for Holtec’s new Small Modular Reactor (SMR) factory. The investment, amounting to £1.5 billion, is anticipated to create hundreds of jobs. Holtec’s decision comes after a selection process that evaluated 13 potential locations in the UK, ultimately identifying South Yorkshire as the preferred site. […]
Energy News Beat Britain’s last coal-fired power station, Ratcliffe-on-Soar, will close on 30th September. This marks the end of coal power in the UK. A spokesperson from Uniper UK told Energy Live News that the station will continue to operate until that date, with decommissioning starting after that. Coal power has significantly decreased, dropping from […]
Energy News Beat Britain’s public charging network is facing criticism for high costs, making electric vehicle (EV) driving potentially twice as expensive as using petrol or diesel cars. The UK now has over 12,500 rapid and ultra-rapid charging stations, a 40% increase from last year. Data shared with The Times shows that these chargers cost […]
Energy News Beat ESG funds saw outflows for the first time in their history last year, and the trend extended into this year. Alvarez & Marsal: we expect to see a decline in ESG-related campaigns and a renewed focus on metrics such as margin growth, cash generation and return on capital. The backlash against ESG […]
Energy News Beat Hazardous air pollutants (HAPs) regulation has recently evolved with the U.S. Environmental Protection Agency’s (EPA) recent amendments to the Clean Air Act. This new rule, finalized on August 30, 2024, aims to ‘enhance public health protections’, according to the EPA’s FAQ sheet, and ensure transparency when major sources of HAPs reclassify as […]
Energy News Beat Oil prices have dropped significantly in the past week, with Brent crude falling below $74 per barrel. Gazprom Neft’s CEO, Alexander Dyukov, believes oil prices will stabilize soon despite current pressures. Dyukov added that OPEC+ may delay plans to increase oil production in October, which could help stabilize prices. Oil prices will […]
Energy News Beat OPEC+ agreed to pause its planned oil output hike for two months after prices plunged amid fragile demand and plentiful supply. Key coalition members won’t go ahead with the scheduled hike of 180,000 barrels a day in October, according to delegates who asked not to be identified because the discussions are private. Oil prices […]
Energy News Beat Moves to shut down gas flows will result in price hikes: Putin Russia aims to expand its share of the global LNG market Russia is ready to continue sending gas to Europe via pipelines across Ukraine beyond 2024, according to President Vladimir Putin. Europe has tried to wean itself off Russian gas since […]
Energy News Beat Amid flagging congressional efforts to streamline federal permitting processes for energy projects, a disturbing trend is now developing as federal courts move aggressively to not just slow the process but to also use novel reasons to cancel permits that have already been issued. One prominent example relates to an August decision by a federal […]
Energy News Beat „We are working at full speed and getting closer to the point,“ a DET spokesman said. „We expect both terminals to go into operation before the winter,“ he said. DET currently operates the first Wilhelmshaven LNG terminal which features the 170,000-cbm Hoegh Esperanza and the LNG terminal inBrunsbüttel which features the 170,000-cbm […]
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.
