Energy News Beat It can plausibly be hypothesized that Saudi Arabia’s unexpected decision to delay formal membership in BRICS is due to Western perceptions about this association, Iran’s involvement in the Red Sea Crisis, and Israeli-US pressure. Saudi Commerce Minister Majid Al-Kasabi clarified on the sidelines of last week’s Davos Summit that his country hasn’t yet accepted […]
Energy News Beat The Republicans could make support for more Ukrainian aid conditional on a joint investigation into these claims and thus doom any deal and/or the Biden Administration or the Zelensky regime could leak evidence if the other doesn’t do their bidding given their blackmail of one another due to these joint crimes. Former […]
Energy News Beat On December 17, 2023, India’s largest indigenously developed 700-MWe pressurised heavy water reactor (PHWR) – the fourth unit in Kakrapar, Gujarat – attained criticality. Six months earlier, another 700-MWe unit in the same facility had started producing commercial electricity. In 2024, another unit with the same capacity is expected to be commissioned in […]
Energy News Beat Sweden has been doing a lot of things right lately. They have already scrapped the renewable energy plans and have been pushing for more nuclear power. In the new year, Sweden removed climate taxes on fuel, causing diesel prices to collapse by over 4 SEK (€0.35) per liter. In 2022, when the […]
Energy News Beat OPEC’s top official said forecasts that oil demand is heading toward a peak will prove just as misguided as earlier predictions that supply was reaching its zenith. “Ultimately, peak oil supply has never come to pass, and predictions of peak oil demand are following a similar trend,” Secretary-General Haitham Al Ghais said […]
Energy News Beat Norwegian state-owned energy giant Equinor has hand-picked Leonhard Nilsen & Sønner (LNS), headquartered in Andøy in Nordland county, for work at its Snøhvit Future project, which is expected to fortify Norway’s position as a reliable long-term supplier of gas produced with very low greenhouse gas (GHG) emissions while securing jobs in the […]
Energy News Beat Higher power demand and efforts to boost energy security pushed China’s coal production to a record-high level in 2023, according to official statistics data published on Wednesday. Chinese coal output rose by 2.9% year-over-year to 4.66 billion metric tons in 2023, per data from China’s National Bureau of Statistics reported by Reuters. Coal imports […]
Energy News Beat French energy giant TotalEnergies has initiated a force majeure process on the Novatek-operated Arctic LNG 2 project in Russia due to sanctions. In November 2023, the US government issued new Russia-related sanctions due to the war in Ukraine, including for the Arctic 2 LNG project. “We have initiated the force majeure process […]
Energy News Beat China’s Jiangnan Shipyard has delivered the first LNG-powered pure car and truck carrier to compatriot SAIC Anji Logistics. According to a statement by CSSC’s Jiangnan, the LNG dual-fuel PCTC with a capacity of 7,600 units, SAIC Anji Sincerity, has started its maiden voyage on Wednesday. Jiangnan claims this is currently the world’s […]
Energy News Beat State-owned LNG terminal operator Deutsche Energy Terminal has awarded a contract to compatriot tugboat owner Fairplay Towage. Under the contract, Fairplay will be in charge to provide all assisting tugs for the DET-operated FSRU-based LNG import terminals located in Brunsbüttel, Stade, and Wilhelmshaven. Fairplay said the contract started effective January 1, 2024 […]
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.
