Energy News Beat The road to widespread EV adoption is proving to be bumpy, with several obstacles threatening to stall progress. The electric vehicle revolution is encountering significant hurdles as consumers grapple with high costs, infrastructure challenges, and geopolitical tensions, potentially slowing the transition from traditional gas-powered cars, according to a report by Fast Company. […]
Energy News Beat Annual jet fuel consumption in the United States grew in 2023 for the third year in a row but remained below the pre-pandemic peak in 2019, suggesting U.S. aviation had not fully returned to normal operations in the third year after the onset of the COVID-19 pandemic. U.S. jet fuel consumption averaged […]
Energy News Beat The amount of offshore wind generating capacity that is under construction or planned in the United States is in flux after two projects in New Jersey were canceled last year. Of the 7,200 megawatts (MW) of capacity reported in May in EIA’s latest Preliminary Monthly Electric Generator Inventory, projects totaling about 2,400 MW […]
Energy News Beat In an article in the August issue of National Review, Mario Loyola warns of a looming energy crisis in the United States that would be largely self-inflicted. Stated simply, it’s a case of increasing demand and decreasing supply of reliable power. First, the increasing demand. For many years, it looked like the future […]
Energy News Beat Switzerland-based energy trader MET Group has entered into a 10-year deal to buy US LNG volumes from LNG giant Shell. According to MET, the company’s primary objective is to supply its European customers with US LNG. MET said on Tuesday the long-term free on board (FOB) deal will further diversify its LNG […]
Energy News Beat China’s power generation firm Shenzhen Energy has signed a long-term deal to buy liquefied natural gas (LNG) from a unit of Switzerland-based energy trader Glencore. Shenzhen Energy’s unit SE Gas Holding signed the purchase and supply deal with Glencore Singapore on July 2, according to a statement by Shenzhen Energy issued on […]
Energy News Beat A government compromise in Berlin envisions radical changes to the country’s renewables subsidy approach and details a fleet of backup power plants to underpin the country’s coal exit. Designed in the late 1990s, Germany’s renewable energy law guarantees wind turbine and solar panel owners a 20-year high price for electricity fed […]
Energy News Beat Daily Standup Top Stories South Dakota clashes with Minnesota on clean energy, coal plant closures July 8, 2024 Mariel Alumit SIOUX FALLS, S.D. – A political border war between South Dakota and Minnesota on how to handle tax policies, abortion and the pandemic response could spill over into renewable energy and the future […]
Energy News Beat PM Modi hopes visit to Russia will yield nuclear fuel pact Military agreement also likely to be signed during trip Russia and India are likely to agree on a long-term uranium supply pact for a nuclear power plant coming online in the southern state of Tamil Nadu, said senior officials with knowledge […]
Energy News Beat July 8 (Reuters) – Oil prices eased about 1% to a one-week low on Monday as Hurricane Beryl shut U.S. refineries and ports along the Gulf of Mexico, and on hopes a possible ceasefire deal in Gaza could reduce worries about global crude supply disruptions. Brent futures fell 75 cents, or 0.9%, […]
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.
