Energy News Beat IRISL Lab Dookhtegan, a hacker group, has claimed this week it has disrupted the communication networks of 116 ships belonging to Iran’s top two shipping firms. “In an unprecedented move, we successfully disrupted the communication network of two Iranian companies that, among various terrorist activities, are responsible for supplying munitions to Houthis,” […]
Energy News Beat The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has designated a so-called teapot oil refinery in Shasndong, China and its chief executive officer for purchasing and refining hundreds of millions of dollars’ worth of Iranian crude oil, including from vessels linked to the Houthis, and the Iranian Ministry […]
Energy News Beat Shipping and trading firms need to think differently to achieve robust risk governance, writes Thomas Zaidman, managing director of Sagitta Marine. The past decade has been a rollercoaster for commodity markets with extreme swings in freight rates to geopolitical shocks affecting supply global chains. Volatility is a fact of life in the […]
Energy News Beat Austin, Oakland, San Francisco, Detroit, New Orleans, Jacksonville, Denver, Portland, Seattle, Mesa. Tampa is almost there, as are other markets. By Wolf Richter for WOLF STREET. Here are 10 big cities where condo prices have dropped by 10% to 22% from their respective peaks. Most of those peaks were in mid-2022. They’re examples of home […]
Energy News Beat DOF Norwegian offshore vessel owner DOF has won an extension for one of its pipelay support vessels (PLSV) from Petrobras. DOF said that the extension was awarded to the 2016-built Skandi Buzios. This vessel is currently in the last months of its long-term contract with Petrobras. Namely, the vessel started work under […]
Energy News Beat Edda Wind Sweden-based CTV owner and operator Northern Offshore Services has entered the SOV sector through an acquisition of one of Edda Wind’s vessels. The Norwegian offshore wind support vessel pureplay said in an Oslo Bors filing on Wednesday that it sold the 2018-built Mistral Enabler to an unnamed buyer. Closing of the […]
Energy News Beat ENB Pub Note: I hope it Bankrupts Greenpeace. They are not the same organization founded years ago by Dr. Patrick Moore. I had two great podcasts with him and he is a great resource for the environment. He is a great environmentalist, and during his first 15 years of involvement, Greenpeace had […]
Energy News Beat The Biden admin buried a detailed report showing no link between LNG exports and higher emissions or energy prices. The Biden administration buried for more than a year a final draft report that failed to prove that an increase in U.S. liquefied natural gas (LNG) export terminals was linked to a meaningful […]
Energy News Beat ENB Pub Note: This article from City A.M. is about energy entertainment. There is no way that the UK can get to 95% low-carbon electricity by 2030 and remain a sovereign nation. The left’s energy policies are in full deindustrialization mode and will only accelerate. You cannot survive without nuclear and natural […]
Energy News Beat Too-high prices trigger demand destruction, market freezes. By Wolf Richter for WOLF STREET. Sales of existing homes – single-family houses, townhouses, condos, and co-ops – that closed in February fell by 5.2% from the abysmally low levels a year ago to 257,000 deals, not seasonally adjusted, down by 27% from February 2022 when home sales began […]
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.
