Energy News Beat Part of the reason oil prices went lower rather than higher last week despite the OPEC+ announcement was the suspicion that some of the cuts will remain so only on paper. Because of algorithms-driven trading, futures market has got even more divorced from the physical market for oil than before. For OPEC+ […]
Energy News Beat Sultan Al Jaber, who is state oil CEO, had said phase-out of fossil fuels would take world ‘back into caves’ The president of Cop28 has been forced into a fierce defence of his views on climate science, after the Guardian revealed his comment that there was “no science out there, or no scenario out […]
Energy News Beat Elpedison, a power firm owned by Greece’s Hellenic Petroleum and Italy’s Edison, is inviting companies willing to secure capacities at its planned Thessaloniki FSRU project to submit their bids. The firm announced on Monday it has launched the non-binding phase of the market test for the FSRU project, where all interested parties […]
Energy News Beat Peru LNG’s liquefaction plant at Pampa Melchorita has shipped four liquefied natural gas cargoes in November, the same number of shipments as in the previous month. According to data by state-owned Perupetro, during October the LNG plant sent three shipments to the UK and one to Spain. The shipments loaded onboard the […]
Energy News Beat A 128-year-old Cleveland-area industrial equipment manufacturer is among the newest makers of fast chargers for the growing electric vehicle market. Lincoln Electric’s new Velion DC fast charger adapts and adds to technology the company has used for its welding machines and other heavy-duty power equipment. The innovation is an example of […]
Energy News Beat Sentinel Midstream Announces ExxonMobil Joint Venture Serving the Louisiana Energy Market – Oil & Gas 360 Market Data copyright © 2020 QuoteMedia. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges). RT=Real-Time, EOD=End of Day, PD=Previous Day. Market Data powered by QuoteMedia. Terms of Use. The post […]
Energy News Beat Maverick Energy Group, Ltd. and Willcox International Holdings, Inc. Form Joint Venture for Lithium Extraction from Saltwater Brine in Oil Production – Oil & Gas 360 Market Data copyright © 2020 QuoteMedia. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges). RT=Real-Time, EOD=End of Day, PD=Previous Day. Market […]
Energy News Beat World Oil (WO) – On Saturday, Dec. 2, the Biden administration unveiled a new methane emissions rule at COP28 aimed at “sharply reducing methane and other pollutants from the oil and natural gas industry” by “promoting the use of cutting-edge methane detection technologies,” according to a news release from the U.S. Environmental […]
Energy News Beat Russian exports of liquified natural gas (LNG) to Europe hit an all-time high of 1.75 million tons in November, the Kommersant business daily reported on Monday, citing data by Kpler. The previous record was set in December 2022, when Russia exported 1.737 million tons of LNG to the region. The largest November […]
Energy News Beat Daily Standup Top Stories Chevron, Exxon opt out of funding COP28 methane-reduction fund December 4, 2023 Mariel Alumit (Bloomberg) — Six major oil companies each contributed tens of millions of dollars to a grant fund meant to help state-owned rivals cull the release of super-warming methane emissions, but Chevron Corp. and Exxon Mobil […] […]
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.
