Energy News Beat About 10 million barrels of Russian crude oil have been stranded off the coast of South Korea thanks to U.S. sanctions, traders and shipping data told Reuters on Friday. The 10 million barrels, carried by 14 tankers, are of the Sokol variety from Sakhalin-1 and remain unsold due to Western sanctions. That amount represents […]
Energy News Beat [[{“value”:” Jamie Dimon calls for the snowballing US debt burden to be addressed before it turns into crisis The US economy is heading towards disaster as the vast national debt continues to mount, JPMorgan CEO Jamie Dimon said in an interview with Fox News earlier this week. According to the chief executive […]
Energy News Beat ENB Pub Note: I have just interviewed data modeling experts who have found where the global warming narrative over the last four years has been manipulated to increase the “global warming” fear-mongering. Stay tuned. Energy bills are set to soar as almost all major studies on Net Zero contain serious modelling errors […]
Energy News Beat ENB Pub Note: Under the current administration, would you do business with the US? Energy Security is something that lives, and political careers depend on. Based on our track record, doing business with the US is unstable, and countries are moving to other, more reliable allies. Rather than replace Russian fuel with […]
Energy News Beat [[{“value”:” The Guatemalan Ministry of Energy and Mines (MEM) will revise all decisions made in the recent past related to mining exploration, exploitation and export licenses. According to local media, the new head of the MEM, Víctor Hugo Ventura, announced the measure in response to multiple complaints regarding bribes, corruption and […]
Energy News Beat The economy grew solidly. The debt spiked. By Wolf Richter for WOLF STREET. The US government debt is measured in “current dollars,” meaning: not adjusted for inflation. So we compare it to GDP in “current dollars,” not adjusted for inflation. The hope is that current-dollar GDP, grew faster than the current-dollar debt, so that the […]
Energy News Beat DUBAI, Jan 27 (Reuters) – Commodities trader Trafigura said on Saturday it was assessing the security risks of further Red Sea voyages after firefighters put out a blaze on a tanker attacked by Yemen’s Houthi group a day earlier. The U.S. military said a U.S. Navy ship and other vessels provided assistance […]
Energy News Beat ENB Pub Note: Hat tip to Tammy Nemeth with the Energy Realities podcast for the lead on the story. This is indicative on the collapse of the EV markets. Toyota and Ford will be the first to try to survive through hybrids. The losers are those who bought the Ford Lightning and […]
Energy News Beat Daily Standup Weekly Top Stories 2023 – The Year The Renewables Bubble Burst January 20, 2024 Stu Turley In 2023. clean energy witnessed one of the toughest years in its short history. Supply chain issues, the energy crisis post Russia’s invasion of Ukraine and the ensuing ramp of interest rates and inflation hit […] […]
Energy News Beat [[{“value”:” Shortages have arisen as output of renewable energy has failed to compensate for the closures of coal and nuclear plants The UK purchased a record £3.5 billion ($4.4 billion) worth of electricity from EU countries last year as renewable energy failed to keep up with demand following shutdowns of coal and […]
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.
