Energy News Beat A joint venture consisting of China Gas, Wah Kwong Maritime Transport, and CSSC Shipping is expected to order two more liquefied natural gas (LNG) carriers from Dalian Shipbuilding Industry (DSIC) this year, according to shipbuilding sources. China Gas has a 30 percent stake in Sea Jade Investment, Wah Kwong owns 45 percent, […]
Energy News Beat The plunge in mortgage rates in Nov and Dec blew up the hedge for the rate buydowns: surprise cost on top of the regular costs of buydowns. By Wolf Richter for WOLF STREET. Homebuilder stocks tanked on Tuesday after D.R. Horton’s earnings call, with D.R. Horton’s stock [DHI] down 9.2%. The sell-off came after the […]
Energy News Beat Daily Standup Top Stories $2 Billion in Subsidies, Only 2 EV Stations Opened, the Holdup is Social Justice January 23, 2024 Mariel Alumit In yet another example of Biden incompetence, the administration is setting up rules making it harder to deliver EV charging stations. Politicizing EV Charging Stations The Wall Street Journal comments […]
Energy News Beat The datacenter industry today looks very different than it did a decade ago. A number of factors have emerged over the past few years: most recently, the proliferation of large-scale AI, but also the slowing of Moore’s law, and the nagging issue of sustainability. Uptime Institute expects a confluence of these challenges […]
Energy News Beat Terra-Gen and Mortenson have announced the activation of the Edwards & Sanborn Solar + Energy Storage project, the largest solar and storage project in the United States. Mortenson served as engineering, procurement, and construction contractor for the project. The project is a true renewable energy behemoth, spanning 4,600 acres, comprised of 1.9 million […]
Energy News Beat In yet another example of Biden incompetence, the administration is setting up rules making it harder to deliver EV charging stations. Politicizing EV Charging Stations The Wall Street Journal comments on The Politicized EV Charger ‘Revolution’ The government rollout of EV chargers has been a slow-motion affair, and as you’d expect the reason […]
Energy News Beat What is AI? More importantly, why is everyone already suffering from “AI Fatigue”? This is an entertaining talk about AI in the oil and gas market. I did not know that I was subconsciously tired of AI. I can barely spell it, let alone know I am tired of it. I know […]
Energy News Beat Global demand for copper is rising steadily and is only expected to accelerate. Even with China experiencing deflation, the metal has held up well this year vs previous years, where it moved exclusively in response to changes in China. The difference is the additional demand from the energy transition. Electric vehicles and […]
Energy News Beat (WO) – TotalEnergies and BlueNord provided an update on progress and expected timeline of the Tyra Redevelopment Project (“Tyra” or “Tyra II”), Denmark’s largest offshore natural gas field. TotalEnergies confirmed in its REMIT notification on Jan. 22 that the current restart date of March 31, 2024, remains valid. Depending on project progress, […]
Energy News Beat In a setback for former government officials and attorneys poised to cash in on proposed climate disclosure rules, the Securities and Exchange Commission continued to kick the ball down the road last year. Many of the objections raised in public comments revolve around so-called Scope 3 emissions that are not directly produced by companies and instead […]
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.
